Makudonarudo
3K posts

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$BTC is facing Major Resistance here
👉 200DMA + 200DEMA + Strong Horizontal + VWAP
We may spend the rest of the month (or more) between $78-85k giving $Alts time to breathe (pump) before bearish pressure returns.
$BTC is still in a bear market, don’t forget that 😉

CryptoBullet@CryptoBullet1
$BTC is about to test the EMA200 & MA200 on the daily 👀 We’ve spent 6 months below them
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The market will always be smarter than you long term so when you find periods where you are smarter than it don't dunning-kruger your profits. This is why everyone has screenshots of their portfolios at ATHs but few lock in even partial gains because they become over confident.

IncomeSharks@IncomeSharks
If retail knew how to take profits and hold onto them they'd be the most lethal traders. The issue is they get overconfident in periods of euphoria, get blinded to the fact that conditions will change, and then emotional trading resurfaces and they give it all back.
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$SD 3D chart | Zoomed in
Rounding Bottom & a potential Head&Shoulders 🧐

CryptoBullet@CryptoBullet1
$SD update Still holding my spot position. I like that it respects this Downward Channel Hit the Support for the 3rd time. I’m expecting a bounce to $0.4 at least
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$BTC Bear Market Progress: 5 months left ⌛️🤫

CryptoBullet@CryptoBullet1
$BTC Bear Market Progress: 50% done. Only 6 months left ⌛️ 😏
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❓‘Aren’t you concerned that $SPX keeps on making ATHs? How could $BTC fall to $40k when the stock market is so strong?’
Actually, we had something similar in 2018 - it was also a bear market year for $BTC, stocks were climbing higher and higher while $BTC was printing lower highs. And then around the midterms we had a major crash 📉

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$RUT Russell 2000 1M chart
What a stunning monthly candle! 🔥
Target of the Cup&Handle is $3600

CryptoBullet@CryptoBullet1
$RUT Russell 2000 is breaking out again 👀👀 This is another reason why I'm still holding my $Alts
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