$HYPE We should get some significant bounce from the monthly level here. How high it pushes is anyone's guess. Once it eventually drops below the monthly $12 is the most likely target eventually.
$ENA This should not come back to our entry point. SL moved to entry and I will be taking chunks of at major swing highs along the way. Trade with me on BloFin for nice bonuses :)
Total Stablecoin Dominance 2 day divs on RSI have 100% win rate this cycle on stablecoin dominance. We are at a big area but still no divs confirmed. Will probably take a whileto build up. Meanwhile, some $ETH strength looks promising :)
$ETH ETH looks pretty good here. Tapped the weekly gap and started building green impulses. Every dip into a local FVG got bought instantly. Good sign.
Altcoins (log chart) Looks like a bearish retest. Even tho the sentiment is at the bear market levels it's best to build positions very slowly and go aggressive once we get some structural confirmation. Best confirmation would be close inside the log channel, or $ETH strength.
$XPL (log chart) Still in perpetual downtrend... however we are failing to make lower lows for now and there is solidd chance the channel gets broken. If it does it will be a good buy... but for now it is sitting at a final resistance, so don't get too horny
$FET Added this back on my watchlist. There is a solid chance this recent drop has been a bear trap. We are very close to breaking HTF trendline... if we also reclaim 0.5 it's a long in my book.
$ADA Lots of alts look like this. Yesterday's nuke looks like a perfect bear trap. All the local lows got swept and price instantly made new high. Probably a good spot to plan for swing longs on any retracements
Altcoin Dominance Now that QT is finally ending we should see some strength in this chart. We could see a run up before the new FED chair is appointed.... and then sell the news once it finally happens
Total Stablecoin Dominance Oscillating between the two weekly levels. All previous reversals were preceded by some form of momentum divergences RSI/AO etc So far nothing is happening on that front but very divergences do start to form this week. Good place to buy $BTC anyways