Osemka8

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Age 10.8 Year
Peak Tier 4
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Basically all $alts look the same:
- long and painful downtrend,
- 3 months tightly ranging.
It's just that some start their move before others, that's all. Rotation
$BONK vs. $ONDO
BONK-0.56%
ONDO6.22%
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[ $PEPE ]
Pretty much same situation as $BONK discussed yesterday.
PEPE should clear this macro diagonal that has kept it down for a while and pop up nicely in the immediate term.
Deviation above and below the range is a very bullish setup when observing a HTF picture. I'm sure it'll do great as the run until Dec 2024 has only been the first impulse and a bigger one should follow from here.
Good place for spot and lev positioning
PEPE-1.57%
BONK-0.56%
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$ETH is currently trying to break above both most important VWAPS: from 2021 top and 2022 bottom
Once successful, price should accelerate to the upside
ETH-3.41%
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GM🌤️
May started off pretty nicely, as per expectations.
IMO we have a nice and fruitful period in front of us. Don't fumble it if strength here continues 🍀
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Bear flag failed, now rising wedge failed. What's next, bears?
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[ $VELO ]
Weeks ago, weekly candle turned out to be a rejection from this macro RSI diagonal and we made a slightly lower low. With great reactions after we've now confirmed:
- a double bullish divergence,
- RSI breakout after 1y of misery.
Welcome to a HTF reversal and a new macro wave in front that should well exceed current local top at $0,039
VELO-5.23%
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[ $BONK ]
This is a coin I've been scaling heavily into lev longs in this tight range and it appears the time has come for the volatility to be released. Subs were noted of this setup.
$DOGE is already on a great path of expansion, $WIF had a big pop, $PENGU is running and I think we'll print big with $BONK.
As alts are about to enter their macro range, I plan the same with BONK.
BONK-0.56%
DOGE-4.34%
WIF-3.59%
PENGU-6.46%
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We just need a spark 🧨
Just feels like pressure will soon be released
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[ $BONK ]
This is a coin I've been scaling heavily into lev longs in this tight range and it appears the time has come for the volatility to be released. Subs were noted of this setup.
$DOBE is already on a great path of expansion, $WIF had a big pop, $PENGU is running and I think we'll print big with $BONK.
As alts are about to enter their macro range, I plan the same with BONK.
BONK-0.56%
WIF-3.59%
PENGU-6.46%
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$Altcoins are at a point of a HTF reversal
If in the next 6 days nothing major occurs, we cofirm a MACD bullish cross on 12D TF which is the lowest TF that did not produce any fake crosses in previous two cycles.
RSI to follow after
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Cartel got the $GOLD and $SILVER top
Will they also get $OIL?
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In a bearish environment, bearish divergences play out
Wait... then why did this $BTC 1D bear divergence get invalidated? 🤔
Oh, yes. Because the underlying trend is bullish
BTC-1.65%
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Here you can visually see how every $BTC local high gets shorted heavier and price just keeps feeding off of liquidity that's sitting there
At the same time liquidity to the downside (longs) is not really building up. Just shorts getting rinsed and they're not giving up yet.
BTC-1.65%
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[ $TAO ]
Tech is good again it seems :)
Last week's candle was super fine! We found the bottom at the 1W 20 SMA and have jumped above the weekly block. We're retesting that right now and should act as support to move higher (pic 1)
In the second pic you can find two scenarios I have in mind. If the first one, more conservative one doesn't play out (and if we were only to get one more high from this structure, it should have already come by now IMO), then we have way higher targets for Bittensor (pic 2)
Second scenario goes more in hand with my overall altcoin expectations for this year, where
TAO1.08%
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Well, CT. You got your 2022 $BTC fractal after all
Just not the one you hoped for
BTC-1.65%
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GM ☀️
We're blessed with this PA. Really nice to wake up to green more often than not. Keep 'em coming, bulls!
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It came to my attention that lately, whenever US trading session opens, $BTC shorts start (unsuccessfully) piling in as:
- funding immediately turns negative and keeps going deeper,
- open interest rises with price
Hmm...
BTC-1.65%
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If we actually bottom in October, as per 4y theorists, this time would truly be different to what we did in the past cycles.
You catch my drift?
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3 weeks of negative $BTC funding... something that occurred only 4 prior times and never during an uptrend like it did now. And it also
So we're gonna witness something we haven't before, but it smells of disbelief to me.
BTC-1.65%
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