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Not my base case but a possible scenario for a wildcard cycle with diminishing returns. While ETFs flows are adding noise, on chain metrics are still a great sanity/narrative checks. Will be looking to layer exits based on key price targets as well as time based profit taking (Q2 2025). Key On Chain Metrics are MVRV, Puell, Value Days Destroyed (VDD), Realized Cap HODL Waves and some others. Let me know what you think.
Total 3 still has a ways down to go and some consolidation before we can really send this thing into full on alt season. I expect it to retrace somewhere in the 850-900b range and consolidate there above the previous high of about 800b Elliot waves pattern playing out perfect and I think once we do consolidate we will see absolutely explosive gains into the next wave. Full video on my YT @cryptomemetrader
As mentioned yesterday, gold was facing 2720 strong resistance. Indeed, 4hrly double top was formed and it dropped hard. Price is now trading at 2680. I don't see a sign of reversal or correction. And also in my weekly review, I do believe gold is now bearish in medium term. I am expecting in Asian session, it drops to 2660 and accumulate there. Then further drop to 2620 in Europe or US session. I am expecting the week to close in red. Let's see the PA for confirmation.
I try to describe a realistic movement of $DEAI prices during the rest of 2024-2025 bull run. I wish you all lucky and success in your trades.
Daily structure Keypoint act as resistance/support If daily close above $25, can go $50 easy
Price is in the early stages of evolution as it tries to find its first bottom and significant support This is shown on the RSI as more bullish momentum builds Volume is also very big on this Weekly timeframe Either enter now and wait for the Bottom or wait until it bottoms.
Following previous analysis, we watched USDT dominance as it broke out of its recent consolidation pattern resulting in a heavy dump in the entire market. As shown on the chart, it seems USDT dominance is completing a retest of the blue trendline and is expected to resume its upward move soon. So it is safe to assume that at least one more heavy sell pressure across the market is quite possible.
As you can see from the chart, the price right now is in a strong support zone, with a green squeeze candle (spring box). And we are likely to see a significant explosion in price to the 14.90 levels.
TLMUSD has seen some bear action lately, the curved trend plotted on chart allows for the bulls to return The only big resistance is the one at the dashed red line .06 Other than that the bear could turn to bull as the curve progresses Daily chart