ETHUSDT.P PERPETUAL Coiling up for action
Dear Intraday Degens,
How are you all doing?
Here's ETH on the 30-minute chart, and it looks like it's coiling up for action. We're seeing higher lows forming, with yesterday’s close acting as support. Volume is looking solid, and the resistance we're aiming to flip is from 02/24/2024, which isn't particularly strong.
Keep those charts open—I have a feeling something’s about to happen, hopefully in the right direction!
Stay safe and happy trading!
Degens
PEPEUSDT
To Whom It May Concern,
This is the meme coin PEPE on perpetual, using high leverage for meme coin degens. On the daily time frame, things are looking bearish. Yesterday closed with a red doji, and today started in the red. This bearish action is unfolding just below the 200-day moving average and the black resistance.
"Volume is also low, which reinforces my bearish outlook!"
I don't know about you, but to me, this looks bearish. Do you have a different opinion? Feel free to share it in the comments!
Not financial advice. Stay safe!
SUSHI - The better UNI at a bargainWith the hype around 99% community fueled Uniswap fading out, the obv next one to go North is the highly undervalued SushiSwap project.
Basically the very same business model but even better with regards to the variety and capitalizaion of liquidity pools provided.
According to pools.fyi 5 out of the TOP10 are $SUSHI based.
First target in sight at ~2.22, and 4-6 USDT once the downtrend is crushed.
Well, enjoy the ride...