🧐 It is time to buy $TSLA stocks (not kidding) The recent fight between Elon & Trump granted so much needed correction to the chart. The price is resting on the $260 - $280 support now - ideal spot for buying before the massive blast off will happen. A few technical factors: there is a HUGE ascending triangle with horizontal resistance ($415), the 3rd approach of this resistance should be final before the breakout happens! Moreover, the price is steadily forming a bullish pennant that will help in breaking the resistance up. 🎯 The overall trend is strictly bullish according to Fibo. The target of this upward movement is located in the $900 - $1000 zone!
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🦋 ETH UPDATE FOR 2025 If you are looking for a safe way to X2 your capital this year, you should consider buying Ethereum in the $2100 - $2450 range! In fact, there are two possible options of further price movements: 1. Orange path (~33%): light touch of the support zone, followed by a sharp pump upwards towards the $3200 resistance by the month of August 2025. Then some consolidation there and continuation with the coming of Autumn (traditionally bullish season for crypto). 2. Red path (~66%): a full-fledged dive in the support zone, down to $2150 (shadows can even reach $1950ish zone). It will take more time, but can also help in gathering liquidity (from liquidating early LONGs with high leverage) that will later be used for pushing the price higher. 👍 As you could understand, I'd prefer the second option. I will start accumulating $ETH once it reaches $2450 and will continue doing it down to $2100 using x5 leverage.
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🐝 BTC LOCAL UPDATE Why did I reposted AVAX from AI channel? Here is the answer! The price was trying to break through the $106,000 resistance, but failed and currently forming a Bearish Flag. It is quite expected to see a dump towards the $101,000 - $102,000 zone. Overall, Bitcoin is consolidating in the horizontal range ($101k - $106k). If this range is broken downwards, the next stop would be $95,000. However, at the moment there are NO SIGNS of going lower than $100,000.
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🦋 ETH BRIEF UPDATE The zone of $2050 - $2300 is the BEST range for buying. I am sure we will see Ethereum in this zone this year. Buying there provides the easy opportunity to x2 your investment since I also believe that we will see $ETH at $4000 mark this year. The only case when we don't see Ethereum in the mentioned range is it breaking the $3100 resistance in the coming two weeks.
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🐝💭 BTC THOUGHTS Speaking out of hype & bull-posting, here are some thoughts regrading Bitcoin in 2025 1. I tend to believe the rule of Sell in May & Go Away can still be implemented to this year. There was not a single bullish summer in the past 5 years. I would be delighted to be proved wrong though. 2. Chances of seeing the scenario I drew on the chart above are quite high. Correction down to ~$90,000 area during the month of June, slow consolidation above the formed bottom in July and a beginning of a new rally in August. 3. The end of the rally can possibly be in October - November of 2025. I'd say that December is the month by which you should sell all crypto you own. Talking about possible targets, I'd say $130,000 - $140,000 zone is ultimate. 4. The longer this bull cycle lasts, the more thoughts about 4-year-cycle structure being broken visit me & my colleagues. Still, there must be a strong correction in 2026 which means more red days than green ones. Be prepared.
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🐝 BTC BRIEF LOCAL UPDATE The price has reached the $105,000 support level (support of the bull flag as well) and bounced from there. I expect to see Bitcoin chill inside this channel for some more time, but the longer it stays inside - the lower chances of breaking it upwards we have. Bulls have to show their strength soon, or it will be late.
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