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Pendle has bounced of the 100 EMA 5 times in the last 6 months. I expect this to happen again. What happens after the bounces is up to BTC unfortunately. This could be another short-lived pump, or a building block towards all-time-highs. Regardless I think we test 5.1$ off this bounce, PENDLE has also dipped perfectly into the daily demand zone (rectangle)
SNS is moving sideways in the daily demand zone on falling volume. I still expect this to breakout within two weeks, there is now a ton of resistance around 8 cents. I think we see a repeat of the move we saw in March here since the market cap is so small.
Super rode into the weekly demand zone on this previous dip and still has more opportunity. Weekly demand zones are much more reliable than daily as they are 7x the price action history. The fact that this is only wicks is pretty bullish to be honest. We are currently sitting within the daily demand zone before that most recent run up. This is the handle for the cup forming as well.
Good time
According to the previous analysis, Dominance Tether was touched in the resistance range and tries to break it. If it succeeds in breaking the resistance, it will be next to the specified range
And Bitcoin will correct up to the range of 52000 to 56000
good luck
Good time
According to the previous analysis, Dominance Tether was touched in the resistance range and tries to break it. If it succeeds in breaking the resistance, it will be next to the specified range
And Bitcoin will correct up to the range of 52000 to 56000
good luck
BTCUSD
Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs.
According to crypto analytics platform Santiment, the thrill of scooping up ‘cheap’ Bitcoin appears to be fading as the consolidation drags on around the $60,000 price mark. As Santiment noted, this fading buy-the-dip mentality could actually be a signal that Bitcoin is nearing a bottom, according to price history.
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