Guys,#ZEC the bounce toward $1,560 has been rejected hard, and price is now pressing back near $1,468. The recent sequence is clearly weakening, so Iâm taking this short with strong conviction. I see room for $ZEC to slide toward $1,425 from here. Keep this one on your radar.
Target: $1,425
SL: $1,515
Sell and Trade
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$LSK
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BITCOIN WEEKLY ANALYSIS
$BTC just closed the week at $81,150, above the 50-week MA at $78,800 and is now trading above $86,000.
And now we can finally say Bitcoin has started a new bull run.
Important levels:đđ
Support: $78,800 50W MA, $70,500 200D MA Resistance: $95,000 - $98,000đą
Everyone expected BTC to dump after the CLARITY Act failed and the Fed raised rates.
But it didnât, and thereâs a reason for that.$BTC
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Over the last few months, ISM moved above 54, core inf...
Once again $ZEC is facing strong rejection⊠sellers are stepping in every time price approaches the upper range.
#ZEC failed to sustain the recovery near $1,500â$1,570, and price has now pulled back toward $1,470. The repeated rejection below the recent $1,595 high shows that bulls still have work to do.
That said, the $1,400â$1,450 area is an important zone to watch. A strong reaction there could bring buyers back into the game.
For now:
â Trend: Short-term bearish/corrective
â Structure: Re...
You know what happens when structure shifts on the weekly? As you guys seen the BTCâŠ
$LTC along with the structure break on $BTC
Exactly what you would be thinking. Itâs ready to blast.
We have broken and retested the weekly downtrend, along with a market structure break, indicating a massive move ahead.
My entries are around $60, with DCA margin down to $55, and SL below $50.
First target will be $70, where I will make it a risk-free trade, followed by $75, $80, and $85.
and yes, You'll be i...
Strategyâs Bitcoin Position Swings $21.5B in Less Than 3 Months
Sooo⊠the company bought another 950 BTC last week at an average price of $79,670. It now holds 846,000 BTC with an average acquisition cost of $75,416.
âą Total holdings: 846,000 BTC
âą Average cost: $75,416 per BTC
âą Current unrealized gain: $8.21B
Less than three months ago, the same position was sitting on an unrealized loss of $13.26B.
That marks a swing of roughly $21.47B in paper profits as Bitcoin recovered.
Hmm⊠well Bit...