Daan Crypto Trades

Daan Crypto Trades

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Fulltime Crypto Trader & Investor 📈 | Tweets are not financial advice | TG: https://t.co/j7IcSHcJXs | YT: https://t.co/D1PbYpJroi |

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Signal Clone Analysis

Daan Crypto Trades

$BTC's Weekly RSI is at the same level as it traded at during the past two cycles near the low of the bear market.

Daan Crypto Trades

The $BTC vs $SILVER Ratio did an exact full retrace back to the FTX & Bear market lows at the end of 2022. Quite interesting that this level was the first place where we saw a proper relief bounce on the BTC/Silver ratio. Always been quite confident that these relative valuations are something investors look at to gauge whether a specific asset might be over or undervalued relative to others.

Daan Crypto Trades

$BTC Ended up holding the Weekly 200MA & EMA at this week's candle close. Closes below these would be pretty bad for the high timeframe structure which is already pretty bearish the past few months obviously. Bitcoin never really traded below these in its history except for the 2022 bear market where it traded below temporarily. twitter.com/DaanCrypto/status/...

Daan Crypto Trades

$ETH When we zoom out it's clear to see how important this $2.1K level has been over the past few years. It is essential for the bulls to take that level out if this relief bounce wants to continue.

Daan Crypto Trades

$BTC No new gap was created this weekend so nothing to watch there. The weekend was quite volatile but ended up closing whatever was there within the first hour as we often see. twitter.com/DaanCrypto/status/...

Daan Crypto Trades

This week will be the first week in over two years, where $MSTR brings its $BTC cost basis down again. twitter.com/DaanCrypto/status/...

Daan Crypto Trades

The $TOTAL Crypto Market cap swept the April/Tariff lows and closed back above it the next day. I think this is an important area for the market to hold if it wants to sustain a further relief bounce.

Daan Crypto Trades

Over the past 3 months, the Asia trading sessions have been roughly flat. It's the EU & US trading sessions which have really put a lot of downwards pressure on $BTC's price the past few months.

Daan Crypto Trades

$BTC Did pull itself back to that ~$70K area which was the CME close price on Friday. Overall a relatively volatile weekend but it looks like we might not see another large gap created like last week. twitter.com/DaanCrypto/status/...

Daan Crypto Trades

After such a volatile few weeks, price will attempt to start ranging at some point. With this recent spike in volatility and big retrace yesterday, there's a good chance we are hitting that point about now. Would expect volatility to slowly come off a bit again, a range to be formed and from there on out we can reassess and look for opportunities.

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