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StudyE
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This guy knows what’s up. Follow him.
Phil Smith@PhilSmith_1
just about two weeks left in the quarter $BTC
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@solidintel_x So much about war so little about building. We are fucked and fucked is what we will soon
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There’s not really much to say bro. It only needs $eth to go into overbought teritory on the weekly Rsi and it will start to run, same as every eth meme but if eth goes down below the tariff low than we will all get a nice 50%+ haircut on our memes. Any lines we draw are pointless. Catchin Eth as low as possible is the name of the game this year, for me at least.
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@studyE45 Brother, appreciated your takes on $SHI, could you do another TA/overview?
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@Freedom_By_40 Yeh, for example, every single time $eth went into overbought and closed a weekly there, memes went nuts. Just a fun fact.
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One extremely common misconception I see out there is people saying an overbought RSI is bearish.
An overbought RSI is actually bullish (shows strength).
You do need to pay attention when you start to see bearish divergences forming in overbought RSI zones.
I am not saying anyones a moron btw I am just putting it out there bc I have made this mistake in my early days and sold strong rallys far too early.
Right now on the indexes, there are no bearish divergences in sight.. only strength in the RSI.
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@Merv3y @flaviusmg89 He retires once every few years just to come back reiterate his courses as “new”
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@studyE45 @flaviusmg89 this type, like you is very annoying. talk in detail if you know something extra, don't just act smart
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The most well-known trading educator has just announced his retirement from this space.
90% of traders on X use his concepts, although many of them apply them wrongly because they only know fragments from his trading encyclopedia and can’t put the pieces of the puzzle together.
For those who are new to this, I want to mention that his core trading lessons are the ones up to 2016, true gems full of valuable information, the more recent content will only fog your mind.
Thank you for sharing your knowledge. Farewell, ICT.

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Check this out
From the capitulation candle that put an end to the bearmarket until the supertrend flipped bullish, the time spent by $BTC in accumulation at the absolute lows literally halved cycle after cycle.
We went from 41 weeks down to 21 weeks followed by 10 weeks...maybe now 5 weeks?
If we put the bottom in the last week of August, then we should have time until the first week of october to buy the absolute lows.

StudyE@studyE45
One more go and $BTC bottoms?
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$Bitcoin supertrend on the monthly is still intact.
Weekly supertrend is red. Daily is green.
We cannot speak of a trendshift unless the weekly turns bullish and that will be on a weekly close above 93.6k.
Anywhere until that level can be a dead cat bounce and we have seen the exact same behaviour in 2 separate ocasions, where monthly was bullish, weekly bearish and daily bullish. It was in February 2020 and March 2022.
In fact back in those 2 occasions, when the daily flipped bearish again it was the trigger that sent $BTC below the monthly supertrend and made it red.
Our daily suppertrend flips bearish below 75.5k



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@polaris_xbt It looked shitty here also and it went higher. I would love to buy some $eth below the tariff low but I am also whatching for wave 1 from wave ii to form x.com/studye45/statu…
StudyE@studyE45
The current ethereum:native setup reminds me of the one we had off of the 2022 lows. It means we might experience a mini euphoria next and it would be perfect for the scenario where $eth bottomed.
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@TorayKortan But then again is the right feel rn. Absolute confusion. We should remember this time so than when it happends we can add it to the next confusion confusing us much more
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- We’ve already dropped enough from ATHs that sweeping the lows isn’t necessary
- But then again we’ve been grinding this whole way up slowly ahead of the clarity act amendment deadline and formal committee vote which is classic buy rumour sell news behaviour
- But sentiment is still pure denial/calling for lower so max pain would be continuing up
- But the war is still going back and forth and a virus is emerging conveniently after grinding up and this is exactly how black swans normally happen
- But then again we have been grinding higher and reclaimed the April 2025 lows so dumping here would give bears in denial what they want
- But then again this is how black swans are so effective in marking pico bottoms so even if it did dump and wipe the 60K low they wouldn’t buy anyway and that would spark a quicker reversal
- But then what if the clarity act process goes smoothly and turbo rips like the ETF launch did and everyone gets left behind that would work too
- But then some bears are slowly turning bullish and all mysteriously claim to have bought the same bottom they were FUDing so they’re probably buying here which means new exit liquidity is starting to enter as this all happens
- But then again we’ve seen 5 consecutive red months and alts have started to pump so there’s so many shorts yet to be liquidated aggressively to force actual exit liquidity back
- Plus the clarity act window is up to July which gives us so much time to keep rallying before the date which most will be in denial for and still not buy then if it gets approved alt season begins and then the real exit liquidity joins
- But then again if they did something stupid to dump it now everyone would get scared by the current events and forget it would likely be approved so it would FUD them into greater capitulation for the institutions to accumulate more before it goes ahead and the market flies
- Plus I wouldn’t mind buying even more we if we dump
- But then again I’ve bought enough and lower means an extended timeline before ripping and it’s been long enough I’m tired
= My brain the past 2 weeks

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