

LaCryptoLycus🐺
67.5K posts

@CryptoLycus
Parabola Hunter | Trader & Analyst | tweets ≠ FA | I'll never DM for funds





















The ascending wedge support for altcoins has held beautifully once again, clearly proving that this repeating pattern can play out multiple times Each time price comes down to this area, it finds support and moves higher as we have seen now and some altcoins have delivered almost 50–80% From here, I am expecting some upward move before dropping once again to its support zone










Things have mostly played out as expected 👀 $USDT dominance dropped below its short term support but it didn't break its strong 5.80% support that I mentioned earlier. During this drop, some altcoins performed very well as money moved out of stablecoins. However, the rejection near 5.80% shows that this level is still acting as a strong base From here, I expect $USDT dominance to move up and break its resistance for a short time but it could slow down altcoins before the next move


GM X ☀️ Whenever I jump into futures, I don’t know why the market dumps hard. My $LIT position is down -34% lol Either my luck isn’t lucking or my analysis isn’t analysing 🤣