Degen Lex
Frequent Trader
4.8 Years
Degen hunting alphas in the Web3 jungle | Not your financial advisor | Market can go up or down - Just setting targets | Follow on X - @DegenLex
9 Following
20 Followers
48 Liked
3 Shared
$BTC Monthly
Bullish trend remains intact
- RSI: Entered overbought territory around 70
Is not yet showing any signs of weakness. It can stay elevated/push higher for months
- MACD: Momentum is less aggressive compared to previous bullish phases
For now no bearish crossover
#btc #bitcoin #TrumpTariffs #MarketSentimentToday
Bullish trend remains intact
- RSI: Entered overbought territory around 70
Is not yet showing any signs of weakness. It can stay elevated/push higher for months
- MACD: Momentum is less aggressive compared to previous bullish phases
For now no bearish crossover
#btc #bitcoin #TrumpTariffs #MarketSentimentToday
#BTC Weekly
- RSI : Back to 70 & is now showing signs of losing momentum
- MACD : Not yet indicating any weakness
Trend remains bullish on the weekly chart
A short-term slowdown/consolidation phase lasting days/weeks could allow RSI to reset & build renewed bullish momentum
$BTC #bitcoin #TrumpTariffs #Market_Update
- RSI : Back to 70 & is now showing signs of losing momentum
- MACD : Not yet indicating any weakness
Trend remains bullish on the weekly chart
A short-term slowdown/consolidation phase lasting days/weeks could allow RSI to reset & build renewed bullish momentum
$BTC #bitcoin #TrumpTariffs #Market_Update
$BTC Daily
- Price : Tested 112.1k & faced a rejection
- RSI : Exited overbought territory pulling back to 60
- MACD : Confirmed a bearish crossover
Daily structure suggests a phase of consolidation/ correction in the coming days unless price quickly reclaims the resistance
#bitcoin #Bitcoin2025 #TrumpTariffs
- Price : Tested 112.1k & faced a rejection
- RSI : Exited overbought territory pulling back to 60
- MACD : Confirmed a bearish crossover
Daily structure suggests a phase of consolidation/ correction in the coming days unless price quickly reclaims the resistance
#bitcoin #Bitcoin2025 #TrumpTariffs
#bitcoin 4H
- Price : Broke below TL2 signaling a loss of momentum
We'll need to watch closely to see if this breakdown gets confirmed or if price quickly reclaims the trendline
- RSI : Near 40 confirming a bearish divergence
- MACD : Printed a bearish crossover
$BTC
- Price : Broke below TL2 signaling a loss of momentum
We'll need to watch closely to see if this breakdown gets confirmed or if price quickly reclaims the trendline
- RSI : Near 40 confirming a bearish divergence
- MACD : Printed a bearish crossover
$BTC
Too much noise surrounding this trader's positions $BTC
He has no real impact on the broader market
Just look at the long/short ratio volumes his former $1B position is negligible compared to the $30B in long side volume
Focus on what truly matters ๐ก
#bitcoin #MarketImpact
He has no real impact on the broader market
Just look at the long/short ratio volumes his former $1B position is negligible compared to the $30B in long side volume
Focus on what truly matters ๐ก
#bitcoin #MarketImpact
Back on Square ๐ง
$BTC (4h)
- Price : Tested the resistance level at 112.1k which has been identified for several months
- RSI : Printed a bearish divergence & has now exited the overbought level
- MACD : Confirmed a bearish crossover right at the local top
- TL1 : Remains intact
Classic signals of momentum reversal
Trendline 1 remains intact despite a few intraday wicks or brief deviations below it
Given these confluences we can reasonably expect further downside or consolidation in the short term
This phase is likely to be measured in days ๐
#bitcoin #BTC
$BTC (4h)
- Price : Tested the resistance level at 112.1k which has been identified for several months
- RSI : Printed a bearish divergence & has now exited the overbought level
- MACD : Confirmed a bearish crossover right at the local top
- TL1 : Remains intact
Classic signals of momentum reversal
Trendline 1 remains intact despite a few intraday wicks or brief deviations below it
Given these confluences we can reasonably expect further downside or consolidation in the short term
This phase is likely to be measured in days ๐
#bitcoin #BTC
$BTC Update
Price retested $102,5k before reversing toward $89,4k (close to the identified support at $88,6k)
๐ข If it breaks above $102,5k โก๏ธ next targets are $112,1k then $126,8k
๐ด If the price fails to break higher โก๏ธ Drop back to $95k then $88,6k & potentially $78,9k
#Bitcoin
Price retested $102,5k before reversing toward $89,4k (close to the identified support at $88,6k)
๐ข If it breaks above $102,5k โก๏ธ next targets are $112,1k then $126,8k
๐ด If the price fails to break higher โก๏ธ Drop back to $95k then $88,6k & potentially $78,9k
#Bitcoin
$BTC PI Cycle top - Update
111DMA at 82,2k ๐
350DMA x 2 at 136,2k ๐ข
#Bitcoin #BTC #UpdateAlert #picycletop #Binance
111DMA at 82,2k ๐
350DMA x 2 at 136,2k ๐ข
#Bitcoin #BTC #UpdateAlert #picycletop #Binance
Tenkan / Kijun crosses - Update
The long-term trend remains bullish, as there are currently no bearish Tenkan-Kijun crosses โ
#BTC $BTC #Bitcoin #UpdateAlert #Binance
The long-term trend remains bullish, as there are currently no bearish Tenkan-Kijun crosses โ
#BTC $BTC #Bitcoin #UpdateAlert #Binance
$BTC Update
Price tested $108,4k before reversing toward $90,7k
Currently it's near the support at $95k
If this support breaks โก๏ธ target the next support at $88,6k or potentially lower at 78,9k
If the support holds โก๏ธ next target is $102,5k then $112,1k followed by $126,8k
#Bitcoin #btc #Bitcoinโ
Price tested $108,4k before reversing toward $90,7k
Currently it's near the support at $95k
If this support breaks โก๏ธ target the next support at $88,6k or potentially lower at 78,9k
If the support holds โก๏ธ next target is $102,5k then $112,1k followed by $126,8k
#Bitcoin #btc #Bitcoinโ
$POL Update
Price tested the identified resistance at $0.71 with a brief liquidity hunt to $0.77 ๐ฏ
Currently it's holding on the identified support at $0.47
If this support breaks โก๏ธnext support at $0.37 then $0.29
However if the support holds โก๏ธ next target is $0.59 then $0.71
#Polygon #POL #MATIC #UpdateAlert
Price tested the identified resistance at $0.71 with a brief liquidity hunt to $0.77 ๐ฏ
Currently it's holding on the identified support at $0.47
If this support breaks โก๏ธnext support at $0.37 then $0.29
However if the support holds โก๏ธ next target is $0.59 then $0.71
#Polygon #POL #MATIC #UpdateAlert
$ETH Update
Price tested the identified resistance around $4k before retracing to test $3,1k
Currently it's attempting to break above the $3480 resistance
If this breakout is confirmed โก๏ธ next target is $4k then $4860
If the breakout fails โก๏ธ next support at $3480 then $3250
#Ethereum #Ethereumโ #ETH #UpdateAlert
Price tested the identified resistance around $4k before retracing to test $3,1k
Currently it's attempting to break above the $3480 resistance
If this breakout is confirmed โก๏ธ next target is $4k then $4860
If the breakout fails โก๏ธ next support at $3480 then $3250
#Ethereum #Ethereumโ #ETH #UpdateAlert
$LINK Update
Price has finally formed a local top at the identified resistance of $29.65 ๐ฏ
It then retraced to test the $20 level
If the $22 support holds โก๏ธ next target $26 then $29.65
On the other hand if the support at $22 breaks โก๏ธ next supports at $18.40 then $15.20
#Chainlink #ChainlinkUpdate #BinanceSquareTalks
Price has finally formed a local top at the identified resistance of $29.65 ๐ฏ
It then retraced to test the $20 level
If the $22 support holds โก๏ธ next target $26 then $29.65
On the other hand if the support at $22 breaks โก๏ธ next supports at $18.40 then $15.20
#Chainlink #ChainlinkUpdate #BinanceSquareTalks
$SOL Update
Price recently tested the support near $170 as mentioned in the previous post & chart ๐ฏ
Before bouncing back to test the $203 resistance โ
If it breaks above โก๏ธ next target is $230 then $265 & $301
If the resistance holds โก๏ธ Could retest $170 support or lower at $143
#Solanaโฉ #solanAnalysis #SolanaStrong
Price recently tested the support near $170 as mentioned in the previous post & chart ๐ฏ
Before bouncing back to test the $203 resistance โ
If it breaks above โก๏ธ next target is $230 then $265 & $301
If the resistance holds โก๏ธ Could retest $170 support or lower at $143
#Solanaโฉ #solanAnalysis #SolanaStrong
$BONK Update
Price made a local bottom at $2,49eโปโต
Now it's oscillating between $3eโปโต - $3,45eโปโต as outlined on the chart ๐ฏ
If price falls below $3eโปโต โก๏ธ next target is $2,75eโปโต then $2,55eโปโต
If it breaks the 3.45eโปโต resistance โก๏ธ next target $3,78eโปโต then $4,12eโปโต
#bonk #BONK๐ฅ๐ฅ #BinanceSquareTalks
Price made a local bottom at $2,49eโปโต
Now it's oscillating between $3eโปโต - $3,45eโปโต as outlined on the chart ๐ฏ
If price falls below $3eโปโต โก๏ธ next target is $2,75eโปโต then $2,55eโปโต
If it breaks the 3.45eโปโต resistance โก๏ธ next target $3,78eโปโต then $4,12eโปโต
#bonk #BONK๐ฅ๐ฅ #BinanceSquareTalks
$BONK Update
Local top at $6eโปโต โก๏ธ back to the support at $3,45eโปโต then bouncing back to $4,12eโปโต
All these levels had been identified on the chart months ago ๐ฏ
If price breaks $4,12eโปโต โก๏ธ next target $4,45eโปโต then $5eโปโต
If not โก๏ธ support at $3,78eโปโต then $3,45eโปโต
#BONK #BONKUSDT #meme #update #Binance
Local top at $6eโปโต โก๏ธ back to the support at $3,45eโปโต then bouncing back to $4,12eโปโต
All these levels had been identified on the chart months ago ๐ฏ
If price breaks $4,12eโปโต โก๏ธ next target $4,45eโปโต then $5eโปโต
If not โก๏ธ support at $3,78eโปโต then $3,45eโปโต
#BONK #BONKUSDT #meme #update #Binance
$SOL Update
Targets reached have been outlined for months on our charts ๐ฏ
Price tested the resistance at $265 before retracing to the support at $203
Currently it's holding the support at $230 โก๏ธ next target $265 then $301 followed by $388
Otherwise it may revisit $203 or $170
#SOL #Solana #SOL๐ฅ๐ฅ #Update #Binance
Targets reached have been outlined for months on our charts ๐ฏ
Price tested the resistance at $265 before retracing to the support at $203
Currently it's holding the support at $230 โก๏ธ next target $265 then $301 followed by $388
Otherwise it may revisit $203 or $170
#SOL #Solana #SOL๐ฅ๐ฅ #Update #Binance
$LINK Update
Once again this isn't luck but precision ๐ฏ
As identified on the previous chart the price has tested the resistance at $29.65 โ
If the price breaks this resistance โก๏ธ next target is $34.8 followed by $42.2
Otherwise it may retrace to test the support at $26.1 then $22
#LINK #Chainlink #LINKUSDT #Update #Binance
Once again this isn't luck but precision ๐ฏ
As identified on the previous chart the price has tested the resistance at $29.65 โ
If the price breaks this resistance โก๏ธ next target is $34.8 followed by $42.2
Otherwise it may retrace to test the support at $26.1 then $22
#LINK #Chainlink #LINKUSDT #Update #Binance
$UNI Update
Price tested the resistance at $18.8 with a local top at $19.475 ๐ฏ
If this resistance is broken โก๏ธ the next target is $22.2 then $28.2
Otherwise if the price fails to break this resistance โก๏ธ it may retrace to the support at $16.7 or even lower around $14.69
#UNI #Uniswap #UNIUSDT #Update #Binance $UNI
Price tested the resistance at $18.8 with a local top at $19.475 ๐ฏ
If this resistance is broken โก๏ธ the next target is $22.2 then $28.2
Otherwise if the price fails to break this resistance โก๏ธ it may retrace to the support at $16.7 or even lower around $14.69
#UNI #Uniswap #UNIUSDT #Update #Binance $UNI
$ETH Update
The price is nearing the resistance we identified on the previous chart around $4k ๐ฅ
If this resistance is broken โก๏ธ next target is $4,860 followed by $5,460
Otherwise, it may retrace to the support at $3,480 or even lower to $3,250
#ETH #Ethereum #EthereumETF #Binance
The price is nearing the resistance we identified on the previous chart around $4k ๐ฅ
If this resistance is broken โก๏ธ next target is $4,860 followed by $5,460
Otherwise, it may retrace to the support at $3,480 or even lower to $3,250
#ETH #Ethereum #EthereumETF #Binance
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