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Nick Papageorgiou

@NickPapageo

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Peeking into the Markets,Here to share insights and analyses without any sales pitch. Join me as we navigate the thrilling world of crypto 🚀

Stockholm, Sweden
Joined October 2023
Don't wanna be here? Send us removal request.
@NickPapageo
Nick Papageorgiou
3 months
I'm positioning and longing only ETH and BTC for now because they seem close to a bottom. When the market flips bullish again in the next months, these coins will be the front runners. I'm not touching alts until BTC makes a new all-time high.
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@NickPapageo
Nick Papageorgiou
2 months
ETH slightly lost 3200, which isn't good. However, we might see a double bottom at 2800 before turning bullish again.
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@NickPapageo
Nick Papageorgiou
4 months
We have a confirmed range from 67k to 65k as of yesterday. As I mentioned many times, it's beneficial for the market if BTC can hold inside that range for a period of time. Building within this range could signal that a significant move is coming.
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@NickPapageo
Nick Papageorgiou
3 months
The 58.294 level for Bitcoin will be revisited for sure, as the market shows. In my opinion, it's only a matter of when, and in this situation, it's better later than sooner.
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@NickPapageo
Nick Papageorgiou
4 months
BTC right now sits in a bearish channel and keeps chopping downwards. If we see closes outside of the channel, we can see a swift move towards 2021 all-time highs and form a bottom. If it goes lower, you'll see 62k coming in for support.
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@NickPapageo
Nick Papageorgiou
3 months
I do believe that the 58k level can be the bottom; I don't see it going lower, but you never know with US selloffs. Right now, we see a range between 60k and 62k, which is a really good position to build up from.
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@NickPapageo
Nick Papageorgiou
3 months
Many ask what happens if the ETH ETF launches soon but the market is bearish. Will we turn bullish? No, because we see outflows in BTC ETFs. If ETH ETF launches now, why would ETH get inflows? It doesn't make sense. Always do your own research and don't rely on others.
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@NickPapageo
Nick Papageorgiou
5 months
@MartiniGuyYT Shows like that yes sir
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@NickPapageo
Nick Papageorgiou
2 months
In my previous post, I mentioned being really bearish under 61.2k BTC. Now, the picture is that Bitcoin should hold this area between 61.198k and 58.397k, or else we could see a serious downfall.
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@NickPapageo
Nick Papageorgiou
5 months
Total 3 didn't make a new low yet; people are ignoring BTC weakness and buying alts. Short-term trading may not be ideal, but for long-term investment, now is a good time to start buying. 📉💰
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@NickPapageo
Nick Papageorgiou
5 months
@Crypto_Scofield One more bounce and it's off
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@NickPapageo
Nick Papageorgiou
4 months
Sentiment bottom is very close, but the price bottom could take ages to form.
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@NickPapageo
Nick Papageorgiou
3 months
Majors have likely reached or will soon reach a bottom, but Total 3 and low caps are still bleeding with no signs of a bottom soon. Stay tuned for my strategy on the best time to re-enter low cap coins.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Don't expect a lot guys that doesn't mean anything at all for now
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc I agree
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Very very true!! Hodl
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@NickPapageo
Nick Papageorgiou
4 months
@cryptojack Right now is eth market
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Yes indeed
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@NickPapageo
Nick Papageorgiou
1 month
I think right now there isn't enough bullish action to push BTC up, but there's also not enough selling demand to take it lower. I'm just waiting for the next narrative to come forward.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc I am prepared for everything
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@NickPapageo
Nick Papageorgiou
4 months
Looking at the week open, I see clear resistance at 67.3k and support at 65k. We might visit the highs for a bit this week, but it's not a place to have strong opinions on price yet.
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@NickPapageo
Nick Papageorgiou
1 month
Gmgm everyone today is tuesday and bitcoin is probably going all the way back where it came from.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Valid Strategy
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@NickPapageo
Nick Papageorgiou
1 month
There's a trading gap left around 61k-62k for BTC. Since we've taken out the lows, I think the price should now hunt for this gap.
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@NickPapageo
Nick Papageorgiou
2 months
The best next trade will be when the Fed has no other choice but to step in and start printing money again.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc That's the only Strategy
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@NickPapageo
Nick Papageorgiou
2 months
Risk assets are looking like downside risk is more possible. Stocks already got a deeper bear reaction. It remains to be seen if Bitcoin is stronger or not.
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@NickPapageo
Nick Papageorgiou
28 days
Bitcoin is in a state where it leaves hard gaps on either side but the hint that makes me believe that is going lower is that the gaps are left without retest are all going down.. patience.
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@NickPapageo
Nick Papageorgiou
2 months
I think the market will grind higher for now, and at the next higher low, I'm planning to get back into spot positions.
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@NickPapageo
Nick Papageorgiou
3 months
If you have been here for multiple cycles, I think you feel the same as I do.Previously,there was a sense that we were going to catch the next big thing. Now, that feeling seems over. It's only meme coins and shitcoins,so I think the "buy and hold to the moon" mentality is gone.
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@NickPapageo
Nick Papageorgiou
1 month
We have reasons to go up—Fed cutting rates, presidential elections, especially if Trump wins. But reasons don't guarantee it. If we drop until everyone thinks "it's over," BTC might already be at 40k, and it could be too late for many.
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@NickPapageo
Nick Papageorgiou
2 months
There is a risk of really bearish weeks ahead. Now is the time when we should see some levels hold and some areas being defended so we can turn bullish again in the months to come
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc I know right?
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@NickPapageo
Nick Papageorgiou
3 months
I think that if we revisit the 58k level in the next few days directly, it's a sign of weakness and we should expect lower prices after that.
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@NickPapageo
Nick Papageorgiou
4 months
Why do people switch from optimistic to pessimistic so quickly?
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@NickPapageo
Nick Papageorgiou
5 months
@CryptoGodJohn The journey to retirement
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@NickPapageo
Nick Papageorgiou
3 months
Remember that overexposure to altcoins, meme coins, and low-cap coins is like playing in the casino. Don't put in more than you're prepared to lose, especially given the current state of the market.
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@NickPapageo
Nick Papageorgiou
2 months
The big wick down yesterday doesn't mean the market is reversing. It just went down to clear out a bunch of leverage and bounced back. This is not a bullish move.
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@NickPapageo
Nick Papageorgiou
2 months
Big inflow yesterday and talks about Bitcoin becoming America's reserve are very bullish. While it's left to be seen, even the discussion spiked the market. America was generally anti-Bitcoin, but now talks about approval and derisking Bitcoin can be a huge catalyst.
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@NickPapageo
Nick Papageorgiou
4 months
All we're missing is a few weeks of sideways building and chopping phase.
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@NickPapageo
Nick Papageorgiou
3 months
I truly believe that better positions and better trades are coming in the next few days if you are patient.
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@NickPapageo
Nick Papageorgiou
2 months
I'm expecting a bearish reversal at the start of the week, and I think we need to be cautious for a possible reversal starting tomorrow.
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@NickPapageo
Nick Papageorgiou
4 months
What will make me a little bullish now is if we stay at this level for a few days. If we fluctuate above 69k and hold 69k going into the CPI on Wednesday, it will be a positive sign.
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@NickPapageo
Nick Papageorgiou
4 months
Fed left interest rates the same for now after today's meeting but programming 1-2 cuts over this year. If 67k btc hold strong a very good place to get long
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@NickPapageo
Nick Papageorgiou
4 months
If the 65k level fails, I don't see it holding because there is no history of 65k holding for a significant time. It broke through and was revisited only once briefly. If it fails, we might revisit the stronger support at 60 to 63k.
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@NickPapageo
Nick Papageorgiou
4 months
Tweet media one
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@NickPapageo
Nick Papageorgiou
2 months
Don't try to guess when BTC will break out. It's simple: above 70k and holding means it's going much higher, but we still have a lot of work to do.
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@NickPapageo
Nick Papageorgiou
5 months
If you are trading, my advice is to set a long position here that you can build on if the breakout is valid. You can add more when that happens. If not, have a tight stop loss in place.
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@NickPapageo
Nick Papageorgiou
4 months
ONDO back at monthly open No trades for me yet, waiting for support to form, or a further breakdown
Tweet media one
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@NickPapageo
Nick Papageorgiou
1 month
That’s why the impulse candle getting filled at 63400 was a bad sign for BTC strong moves don’t come back into the gap.
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@NickPapageo
Nick Papageorgiou
4 months
I am looking at Toncoin, which made a nice move. It also depends on what BTC does, but if Bitcoin can stay at least above 65k and Toncoin stays above $8, I will go long to ride a possible move up.
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@NickPapageo
Nick Papageorgiou
4 months
Full focus i think we are weeks at most away from a massive crypto pump, In the next few days I will share with you my positioning don't miss this opportunity!!
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@NickPapageo
Nick Papageorgiou
1 month
As I mentioned on Tuesday, ETH had a false breakout, and so did Pepe. Now you know that other lower-layer coins will likely follow the same path.
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@NickPapageo
Nick Papageorgiou
28 days
The market right now looks desperate for a narrative that doesn't exist at the moment, so be patient.
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@NickPapageo
Nick Papageorgiou
5 months
Shorting alts isn't the right move now. While many alts don't appear bullish, wait for retests to enter. Stay resilient! 💪🚀
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@NickPapageo
Nick Papageorgiou
4 months
ETH is weak and is now in a value area with many opportunities if you pay attention. 3200 is on the table for now as ETH is moving, but the ETF is not live yet, so there could be a good price to buy soon.
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@NickPapageo
Nick Papageorgiou
3 months
In 2020, the post-halving year, we had a red June but a really green July. Will it be the same this year?
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@NickPapageo
Nick Papageorgiou
5 months
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc It's boring yes but perfect opportunity to learn styfft
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@NickPapageo
Nick Papageorgiou
3 months
I think majors are better positioned to do well in the near term. If you're in any altcoin, especially meme coins, remember that the good ones will have their moment in the bull market, but it's going to get worse before it gets better.
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@NickPapageo
Nick Papageorgiou
3 months
The next temporary bounce for BTC at this point could be at the 51.852k level. This isn't random; it's a crucial point from March. It doesn't mean it will definitely bounce there, but it's the next level in this downtrend that will attract a lot of attention.
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@NickPapageo
Nick Papageorgiou
4 months
Positive ETF flows again, but the price is clearly not ready for a reaction. I've said it numerous times, and I'll say it once more: all eyes on the 67k BTC level.
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@NickPapageo
Nick Papageorgiou
4 months
@fxaizaz Nick I am from Greece and I am into crypto analysis and trading
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@NickPapageo
Nick Papageorgiou
2 months
It's obvious that below 58k, Bitcoin doesn't have any strong support. If that level breaks, I think we're going to see a move down to test the 53k lows.
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@NickPapageo
Nick Papageorgiou
4 months
There is clearly demand for the market because it's struggling to go lower.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Bullishness
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc I think lower is the path for now
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@NickPapageo
Nick Papageorgiou
2 months
The market has now shifted to a fear of collapse, whether due to war or economic concerns. Fear is the basic ingredient of the market right now. Don't be fooled by the bounce up.
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@NickPapageo
Nick Papageorgiou
4 months
Quiet weekend as usual. Today, the ETH ETF narrative hype is back where it started. We are still in patience mode, but be ready to take a good position.
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@NickPapageo
Nick Papageorgiou
3 months
see people posting that it's altcoin and meme season now because some memes bounced 20%, but remember, all alts and low caps went down 80-90%. This bounce doesn't mean it's altcoin season.
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@NickPapageo
Nick Papageorgiou
3 months
Yesterday,Bitcoin had a bad reaction to the inflation data meeting,which is somewhat good. While it doesn't mean we're turning bullish,the stock market has topped and is going down. However, the crypto market didn't react with lower prices. This might indicate a bottom for July.
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@NickPapageo
Nick Papageorgiou
4 months
We have a new box for BTC between 66.8k and 65.8k. The next move will show us the short-term direction. If it goes lower, we have 65k as support. If it goes higher, we have 67.5k as resistance. These are a few paths that can work as short-term trades.
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@NickPapageo
Nick Papageorgiou
2 months
I want to see all majors try to go lower first. Whether this is the bottom or not, I don't care, and neither should you. I want to see a bearish move to test where the support is; otherwise, you don't have a clear picture of the market.
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@NickPapageo
Nick Papageorgiou
5 months
Maybe we can see a bottom for ETH around May 23rd with the ETF discussions. Just wait for the news and then go in. Probably, ETH can reject lower levels and run higher.
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@NickPapageo
Nick Papageorgiou
5 months
@idalistrades Exactly 💯
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@NickPapageo
Nick Papageorgiou
4 months
Solana has an interesting support block at the 145-150 level. If it holds, it can show signs of upward momentum. If that block fails, we are looking at a potential drop to 116.4.
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@NickPapageo
Nick Papageorgiou
3 months
BTC isn't in a clear downtrend because all the lower moves retrace almost back to the highs. However, if we see a collapse to 53k, that would be a bad catalyst for the price.
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@NickPapageo
Nick Papageorgiou
2 months
I think a visit back to the 64-63k area for BTC is very likely and a valid option.
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@NickPapageo
Nick Papageorgiou
5 months
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@NickPapageo
Nick Papageorgiou
5 months
@QiLikeCheetah Story of my life
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@NickPapageo
Nick Papageorgiou
5 months
@AlekSheff Life is simple not easy
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@NickPapageo
Nick Papageorgiou
15 days
Today is the big day: the FOMC rate cuts meeting. The market needs two cuts to rise because all we see ahead are uncertainties—November elections, recession fears, and a weakening dollar. The Fed needs to step in.
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@NickPapageo
Nick Papageorgiou
4 months
I think a local top is likely in. The stock market is at all-time highs but isn't producing more gains at the moment. Are we looking at a small rally before an election sell-off? That remains to be seen.
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@NickPapageo
Nick Papageorgiou
2 months
Monthly charts of BTC, ETH, and SOL indicate at least one more month of consolidation. They show selling at the top and buying at the lows. One more month of consolidation until September would be perfect timing.
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@NickPapageo
Nick Papageorgiou
4 months
Global open interest has risen by $9.5 billion (22%) since the ETH ETF news on May 20th, across all coins. This means people are building leveraged positions expecting a breakout. This is risky, as most coins aren't trending or near all-time highs.
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@NickPapageo
Nick Papageorgiou
5 months
@rovercrc Patience is key
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@NickPapageo
Nick Papageorgiou
5 months
@cryptojack Prices are down so we are very good
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@NickPapageo
Nick Papageorgiou
5 months
I don't know if anyone is still bullish on Cardano, but I see a promising trade opportunity. If it can hold at 0.40 cents and retest, it might aim for the highs, even reaching 0.80 or a dollar. Trading based on this setup. Will keep you posted! 🚀
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@NickPapageo
Nick Papageorgiou
5 months
@TheCoachAntonio Exactly what you said the more the better depends on what you have to say I guess and on the value you provide but I think engaging in general is better that posting a lot.
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@NickPapageo
Nick Papageorgiou
4 months
Some people are asking why we didn't see a pump at the ETH ETF approval. Those people clearly don't understand the market because we already had the ETF pump!
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@NickPapageo
Nick Papageorgiou
3 months
As I mentioned yesterday, we had a spike from presidential coins that completely retraced. However, we might be looking at a double bottom. Is this the actual bottom? The next few days will show.
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@NickPapageo
Nick Papageorgiou
2 months
If SOL remains below 182.54, it will eventually reverse to the 172 area of strong support. That would be a great return trade.
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@NickPapageo
Nick Papageorgiou
5 months
@jakesnowfall Electrician plumber and everything Technical
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@NickPapageo
Nick Papageorgiou
5 months
If the ETF does get approved, I think ETH will run first. I'll keep an eye out for good opportunities in ETH betas and memecoins. Hopefully, we can see a meme cycle in the ETH ecosystem, similar to what we saw on Solana earlier this year.
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@NickPapageo
Nick Papageorgiou
3 months
SOL above 170 is very interesting to watch. If it moves from 170 to 160 and builds a bottom, it will be bullish in the coming months.
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@NickPapageo
Nick Papageorgiou
3 months
The total market is looking for the bottom here, you can see it. However, we need a strong impulse move to change the downtrend.
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@NickPapageo
Nick Papageorgiou
5 months
Sharing the likely path for BTC: Recent moves show a clear level at 56.5, which I believe won't be retraced. Expecting a move to highs, possibly 70-72k, with support confirmation at 60-62k, then potentially new highs.
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@NickPapageo
Nick Papageorgiou
2 months
ETH has a slight outperformance compared to BTC, and that's almost always a bad sign considering how early we are in this cycle.
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@NickPapageo
Nick Papageorgiou
3 months
Joe Boden coin, one of my favorites, is trying to produce a big move as we approach the first US debate on June 27. I'm deeply investigating a swing trade here, as I think there's a big opportunity.
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@NickPapageo
Nick Papageorgiou
3 months
The more BTC does to go back to 60k, the more bullish it is because it's building a base. If it retraces directly after this small move, it means there's no demand.
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