mogues

ALT COIN FAKE RALLY!

Short
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Greetings,

above is current price action around 36.7K. Looks as though we're being rejected from a mini resistance around 36.8K. We need a strong buy back from the current position to move to next stage for BTC to progress, or stay above purple dotted line in chart.

I want to give readers a warning on a few DEFI applications that have gone bonkers over the last few weeks, i'm talking about Solana, Avalanche and the likes... BEWARE, I repeat, beware, I personally believe there are some issues within the staking department. More info to come...

TOTAL3 - shows the total market capitalization of the top-125 cryptocurrencies, excluding BTC and ETH.
Has two resistance points shown in red that that are extremely significant. I don't think we have enough steam to get through.

Remember, nothing is guaranteed, control the controllables.

Mogues

🎵
https://open.spotify.com/track/51rPRW8NjxZoWPPjnRGzHw?si=b8f8015b787b4df2
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.