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ETH has flipped its resistance into support. Send it higher.

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Gordon 🐂

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29,710 просмотров • 1 месяц назад •via X (Twitter)

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Altcoin MCap has reclaimed its key support zone. Time to send alts higher.
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Altcoin MCap has reclaimed its key support zone. Time to send alts higher.

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Bitcoin’s Volume POC has flipped from resistance into support for now. $BTC is holding this key level, with the next major resistance around $68,000. If we lose this support, there’s almost no volume below $60,000, and what happens then is obvious.
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Bitcoin’s Volume POC has flipped from resistance into support for now. $BTC is holding this key level, with the next major resistance around $68,000. If we lose this support, there’s almost no volume below $60,000, and what happens then is obvious.

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Bitcoin dominance has lost its 5-week uptrend, while daily MACD has flipped bearish. This is bullish for $ETH and alts.
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Bitcoin dominance has lost its 5-week uptrend, while daily MACD has flipped bearish. This is bullish for $ETH and alts.

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Coinbase kills ETH staking support on $ARB, $POL and $OP. Coinbase 🛡️ has announced it will terminate deposit/withdrawal support for its staked $ETH asset, $cbETH, across several major Ethereum L2s. The Ethereum L2s to suffer are Arbitrum, Optimism and Polygon | POL, coming into effect on August 17. Coinbase will continue to support $cbETH deposits on its own Base L2 and Ethereum mainnet.
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Coinbase kills ETH staking support on $ARB, $POL and $OP. Coinbase 🛡️ has announced it will terminate deposit/withdrawal support for its staked $ETH asset, $cbETH, across several major Ethereum L2s. The Ethereum L2s to suffer are Arbitrum, Optimism and Polygon | POL, coming into effect on August 17. Coinbase will continue to support $cbETH deposits on its own Base L2 and Ethereum mainnet.

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CRAZY: 🇺🇸Coinbase has officially FLIPPED in support of the CLARITY Act after months of resistance — and now every senator’s vote will be SCORED ahead of Thursday’s crypto showdown.
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CRAZY: 🇺🇸Coinbase has officially FLIPPED in support of the CLARITY Act after months of resistance — and now every senator’s vote will be SCORED ahead of Thursday’s crypto showdown.

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$ETH looks good here. Send it.
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$ETH looks good here. Send it.

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Bitcoin has done exactly what bulls wanted to see. The falling wedge has broken. Momentum is shifting. Now comes the most important part. Turning previous resistance into support. If that happens, this breakout could be remembered as the start of the next major move higher.
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Bitcoin: Bull Market Support Band. $BTC is running into serious resistance.
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Bitcoin: Bull Market Support Band. $BTC is running into serious resistance.

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Joe Rogan is Time Traveler pilled. Send it higher.
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Crypto looks good for a rally here. Send it higher.
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Crypto looks good for a rally here. Send it higher.

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ETH/BTC has broken out of its 12-month downtrend. MASSIVE for alts.
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ETH/BTC has broken out of its 12-month downtrend. MASSIVE for alts.

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$ETH has bottomed for this cycle. That's it, that's the tweet.

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