

Hani J.
960 posts

@HaniJanem
Certified Automotive Professional with background in modern technology and web applications. Offroad specialist and Co-Founder of https://t.co/0u3gY0t6lq




Bitcoin dominance is in a downtrend after it broke the support. Do you think we could see an altcoin rally soon?










This is why 86K is such a crucial resistance area, look at how many times BTC has been rejected at this (blue) trend line! And this coincides with SPY and NASDAQ, they all have a similar resistance trend line that has developed over this entire Tariff War. The equivalent place of resistance for SPY is 550 area, and similarly about 16.8K on NASDAQ, 455 on the QQQ. If BTC breaks above 86K on this major resistance trend line and SPY NASDAQ does not break their down trend line, then I would be very worried. There must be confirmation break thru on the major Stock Indexes as well to go with a BTC break thru. I remain bullish and think a big Bounce up on BTC is in the cards, but we need the Stock Indexes to break up their resistance trend lines to confirm as well. My target for BTC since its break down of 92K a few weeks back was 73K, and we almost got there at 74K. Now on the bounce up, next major resistance after 86K is 92K area, then I think above 100K is likely if we can close a few times above 92K. Even a new ATH can not be ruled out, it all depends on Trump and this crazy tariff situation we are in now.













🚨 $ADA Breakout Watch 🚨 Cardano is making its second attempt to break above long-term bear market resistance (~$0.83). A successful breakout here could signal a major trend shift for ADA. 📈 Will it finally flip resistance into support? #Cardano --- 🤝LOOKING TO SHARE IDEAS AND GROW WITH OTHER TRADERS? JOIN US ON D1SC0RD!