Thread by @MarsiliosMM

Before Sunday routine, crypto TA

It is true that many alts are rocketing higher - combo of Saturn in Aqu, Jupiter Rx in Aqu, NN in Gemini and Mercury in Libra all + for cryptos

But why BTC weak, & others new highs, & which ones, don't know, why combine timing with technicals

BTC

Issue is both important support & resistance nearby, so having battle effect - and concern this could continue for a while with Mercury stationing in Libra

Support:
Lower daily Bollinger (green)
Sharply rising 50MA (purple)
Sept pivot (orange) which has held for 2 days & tested for several, only 1 fractional break

Resistance:
Falling D200MA (black arrow)
YR2 acting as resistance (could turn into support)
Falling 10 & 20 MAs (red)

Despite my view, and this is why I do TA, majors have held Sept pivots

BTC
ETH
ADA

and looking at coin market cap top 10 (coins not $ proxies)

SOL
XRP
DOT
LUNA

Either holding SeptP, or recovered it - you can keep going further down the list if you want

Still think there "should be" another move down but really at this point all eyes on BTC D200

If that acts as resistance and back down to lower end of range, the other alts flying high more at risk, seems like

Conversely if that turns into support again, no question bull win