Dropping a free #BTC update for Substack today !
Hey folks, to celebrate breaking 25K followers on Twitter this month I am dropping a free public update !
As predicted in the previous few subscription reports reports #BTC Dumped exactly in our Saturn conjunct BTC natal Neptune date range March 31- April 7 and now appears to be finding support at the critical weekly support level $43100.
Astro TA has been ON POINT as we called BOTH the late March and the early April sell off weeks ahead of time !
BTC Daily chart: So far BTC has made a bullish higher high, breaking out of the 2.5 month long range but rejected at the key 200 Day MA. Right now this pullback looks like a “bullish retest” for a bullish higher low. The critical levels to watch are the confluence of 50 and 100 day MAs around $41800, and The 50 crossing above the 100 Day MA is a bullish “golden cross” technical signal. A test (or wick) of this 41800 level IS STILL POSSIBLE. As long as those levels hold there is a high probability we rebound rally on Uranus trine to BTC Sun exact April 11-13. This is a very dynamic high energy aspect that could rally back to test the 200 Day MA at 48k again, or even test 50k as resistance.
However If the 50 and 100 day MAs break down here that would definitely call a rally into question and stop any bull market continuation. As always nothing is “guaranteed” so trade safe and use risk management.
BTC Weekly MACD closed with bullish cross to green this week and shows increasing buy momentum.
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MEXC Global Token MX Making a bullish retest
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MEXC Global Native Token: MX Token
If you are checking out MEXC Global you might want to take a look at their native token MX. You don't hear a lot of Hype about MX token but it's a "Hidden Gem"
MX bottomed in late January around 1.55-1.60 and the coin has a nice rising long term trend line of higher lows. MX made a big bullish move to a higher high at $2.82 and is pulling back on a classic bullish support retest today around 2.40 (Wick down to 2.32). If 2.40 holds as support here we could see another leg up in the rally soon
MX could breakout to a new high above $3.49 if the Crypto Market gets hot again in Q2. I would keep stops tight here around 2.35