#fromdustwearise
fromdustwearise
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The monthly chart $BTC is pulling back, and the RSI is around 50, so we might see a further drop. There's still 10 days left in this volume unless something crazy happens, in which case we could see a bullish candlestick with decent volume. But given the current situation, I'm predicting another drop. We're just bouncing along the trendline.
Looks like AI is about to make some moves. Is there something brewing for the AI systems and related networks? Let's keep an eye on it this weekend.
Is anyone following any coins? I'd love to hear some ideas.
#FromDustWeArise
Looks like AI is about to make some moves. Is there something brewing for the AI systems and related networks? Let's keep an eye on it this weekend.
Is anyone following any coins? I'd love to hear some ideas.
#FromDustWeArise
$BTC testing the trendline then a reversal. Today I think the overall trend is bearish following BTC.
We need to see a full drop on H4 before any upward movement can happen.
Today's plan:
- Continue shorting if I have time to monitor
- Sit back and observe, listing out coins for the next upward move.
There are a few coins still in the overbought zone RSI: $FIDA , BSB, TA, GUA, NATGAS.
#FromDustWeArise
We need to see a full drop on H4 before any upward movement can happen.
Today's plan:
- Continue shorting if I have time to monitor
- Sit back and observe, listing out coins for the next upward move.
There are a few coins still in the overbought zone RSI: $FIDA , BSB, TA, GUA, NATGAS.
#FromDustWeArise
It's pretty interesting, after a month it seems we've confirmed scenario 1. Although there was a strong surge recently, the 9D frame shows a pretty weak RSI.
$BTC I think there are 2 scenarios:
1: it's a bounce and that's it, we'll dip a bit more. Back to test the 2 green-red zones I sketched out.
2: retest the sentiment, RSI hits the retest on the MA and then bounces up one more time to around 85-86k.
Today I took a small position 😁, observing and checking out various coins for the weekend. This weekend I heard that #Powell is finishing their term, and there are rumors about the two big guys having some kind of meeting, so we might see some significant volatility coming up.
#FromDustWeArise
$BTC I think there are 2 scenarios:
1: it's a bounce and that's it, we'll dip a bit more. Back to test the 2 green-red zones I sketched out.
2: retest the sentiment, RSI hits the retest on the MA and then bounces up one more time to around 85-86k.
Today I took a small position 😁, observing and checking out various coins for the weekend. This weekend I heard that #Powell is finishing their term, and there are rumors about the two big guys having some kind of meeting, so we might see some significant volatility coming up.
#FromDustWeArise
NguyenHoangSieuLoi
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Today I see it looking more and more similar. $BTC probably will rise, but whether it will be a short or long increase is still unknown. We might test the trendline I drew before decreasing; if it breaks through, then it’s likely to enter the rising phase for altcoins.
KB1: rise from here until 16/5, possibly reaching 76 or 79k.
KB2: rise to hit the trendline and then drop sharply, waiting for around 16/5 to bounce back up again. The drop could return to the bottom of the box or go deeper near 50k.
Yesterday I only followed $LDO . One cut SL patiently waiting for today’s market to give gifts.
#FromDustWeArise
KB1: rise from here until 16/5, possibly reaching 76 or 79k.
KB2: rise to hit the trendline and then drop sharply, waiting for around 16/5 to bounce back up again. The drop could return to the bottom of the box or go deeper near 50k.
Yesterday I only followed $LDO . One cut SL patiently waiting for today’s market to give gifts.
#FromDustWeArise
#FromDustWeArise @Chan Chảnh Choẹ $BTC
BTC has been quite similar to the declining phase of May 2022 up to this point.
So I still lean towards the possibility that BTC will create another peak around 72k and then continue with a larger decline towards the 50k range before accumulating further.
However, anything can happen; BTC might follow the 2022 scenario, which is something that newcomers like me can easily recognize and... :))
So I'm still waiting. If BTC goes back up from here, then I accept it. I’ll wait for it to rise enough to learn the lesson of patience and then SHORT again. Right now, I just can't see the long direction yet.
BTC has been quite similar to the declining phase of May 2022 up to this point.
So I still lean towards the possibility that BTC will create another peak around 72k and then continue with a larger decline towards the 50k range before accumulating further.
However, anything can happen; BTC might follow the 2022 scenario, which is something that newcomers like me can easily recognize and... :))
So I'm still waiting. If BTC goes back up from here, then I accept it. I’ll wait for it to rise enough to learn the lesson of patience and then SHORT again. Right now, I just can't see the long direction yet.
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