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mogues
Nov 18, 2023 4:47 PM

ALT COIN FAKE RALLY! Short

BTCUSDT Perpetual ContractBybit

Description

Greetings,

above is current price action around 36.7K. Looks as though we're being rejected from a mini resistance around 36.8K. We need a strong buy back from the current position to move to next stage for BTC to progress, or stay above purple dotted line in chart.

I want to give readers a warning on a few DEFI applications that have gone bonkers over the last few weeks, i'm talking about Solana, Avalanche and the likes... BEWARE, I repeat, beware, I personally believe there are some issues within the staking department. More info to come...

TOTAL3 - shows the total market capitalization of the top-125 cryptocurrencies, excluding BTC and ETH.

Has two resistance points shown in red that that are extremely significant. I don't think we have enough steam to get through.

Remember, nothing is guaranteed, control the controllables.

Mogues

🎵
https://open.spotify.com/track/51rPRW8NjxZoWPPjnRGzHw?si=b8f8015b787b4df2
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