Crypto Counselor
@Crypt0C0unsel0r
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Crypto Legalizer, Speculator, Appraiser, Forecaster, ETHICAL DEGEN *Not Legal Advice *Not Financial Advice
Joined September 2013
Incredible research on $UNI here by a crypto stud!
With $UNI Back BELOW its pre–proposal announcement levels, we think it is the perfect time to explain why we believe UNI will in fact become deflationary. Let’s dive into our research 👇
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Honest insightful analysis. Cut through the CT noise and follow the real ones!!
I'm going to take a little celebratory lap here. I'm pretty sure I was one of the first chartists here to find the bearish setup in BTC/NQ, and begin warning of a 40% drop in BTC. Keep in mind this was Oct 8. $BTC was at $123K and there were few things less popular than
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I should clarify "expect a bottom to form here" doesn't mean I'm loading up longs blindly. This level was in line with my original expectations on the downside. Could we go lower? Of course ... Best thing we can do here is form a consolidation. With 99-107k being the now major
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$BTC - Yearly Open (93,347) ✅ - OTE + CE of Weekly FVG (89,723) ✅ - MT of Weekly Demand (81,612) ✅ All three major downside targets hit. This is where I would expect to see a bottom begin to form. Quite the move ... Also gm
$BTC - Yearly Open (93,347) ✅ - OTE + CE of Weekly FVG (89,723) ✅ - MT of Weekly Demand (81,612) 🍿 I'll add in 86950 as a quarter range level also.
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$ETH just formed a bullish RSI divergence on the daily. Even though it may not feel like it, I think the greater risk is to the bears right now, not the bulls.
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$UNI Price now retracing into an entry pocket. If the idea behind this trade is still correct & Uniswap passes fee switch + token burn then buying here makes sense. My bids are set from here down to ~$6.4. Spot play. Should play out till December. Wrong on a close below $5.
$UNI Fundamentals (+tokenomics) rapidly improving if the fee switch proposal is passed. Correct me if I'm wrong @crypto_condom but the latest this proposal passing is Dec 2nd? Still some time to accumulate. Ideally, enter zone is $7-8. Ultimately targeting $13 & $23 levels
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$BTC A+ long would be sweeping out those equal lows, while taking June's low and reclaiming Range Low
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I'm long BTC, HYPE, CRV, and LINK but I don't think we're done dipping. I'll be looking to cut longs and add shorts between here and 108k.
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Watching carefully for the reclaim
$BTC 98-101k is the downside draw for this week. Sweep and reclaim range low for longs. Key word, reclaim.
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Momentum is to the downside. Be wary of those theoretical infinite losses when shorting, however.
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I think there's a chance we put in a significant bottom first 1-2 weeks of Nov then run it back. If not there's always forex
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Btc started October at $112k and now it’s $108k, and mfers saying the cycle is over?? Y’all need more Bitcoin and less leverage 😂
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Any time I mark up a long idea, they tend to be pretty agreeable. I am probably guilty of favouring more longs lately than shorts, in anticipation of this elusive leg higher, but when I see a short setup especially in a range, I entertain it. When I have marked up ideas to the
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This PA sucks donkey balls. Let's get this over with and back to UP. That said, we bottom in the next 7-10 days.
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Keeping an eye on that "good reaction"!
If they run it down again into 107.9k thats fine by me but would need a good reaction from that zone $BTC
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