Seven c Newsletter #9 🏴☠️
Seven c Newsletter #9 🏴☠️
Educational treasure, relevant news, and a based technical roundup to feast upon in your go to weekly crypto newsletter.
Ahoy fellow scallywags. It be another week in the crypto markets. If you’re an enjoyorrr and have, you know, a life, then staring at your screen 25/8 might not be for you. In that case, let me give you the rundown on this week's news, alpha, and technicals.
NOTE: I’m unable to embedd tweets into this newsletter, so the tweets are screenshots with links attached to them! ENJOY!
Contents:
1: News roundup
2: Alpha aggregation
3: Technical roundup
1: News roundup
Binance pull out game is strong:
Jerome Powell pranked by Russians:
Merlin was hacked after a Certik audit:
First Republic Bank trades like a shitcoin:
Coinbase fight back against SEC:
2: Alpha Aggregation
Linn teaches you about risk:
Ultimate guide to taking profits:
crvUSD on the horizon, how will this change the DeFi stablecoin scene?
Real time alpha on crypto Twitter, here’s the best small acccounts to follow:
Learn about Layer Zero:
Learn to avoid cognitive biases:
Don’t lose money from simple, avoidable mistakes:
Circle’s cross-chain transfer protocol:
Generations of War, Crypto, and Business Part 3, another Bunny masterpiece:
Pumpanomics 101:
3: Technical roundup
Weekly roundup presented to you by IA crypto | Ijaz Awan:
Find him on Twitter here: Ijaz Awan Twitter
Find him on YouTube here: Ijaz Awan YouTube
A strong positive 6% weekly candle stick looks set to close for Bitcoin, doing much to offset the painful 9% down the week we had last week. BUT - with key levels yet to be reached, there is still a big risk that further retracements lie ahead.
On Wednesday, $BTC managed to work wick its way towards $30,00 before getting a violent rejection back down. Since then the price action has been consolidating as bulls and bears battle for control.
Should we fail to achieve a higher high above the 31k level we touched mid-April, fears will continue for a bigger retracement towards that 25-26k region where support starts to come in from the Weekly EMA ribbon.
A strong bounce, however, from current levels resulting in a higher high will be extremely bullish and further evident that bulls are in strong control. Turning 29k into an area of support - where previously it was staunch resistance would be a major coup.
The coin of the week however has to be $PEPE - up 142% this week at the time of writing and up 75% at the time of writing on Sunday! Insane return since our video was just 24hrs before. Be careful with meme coins, you’re always playing with fire.
It's important to understand the risk and rewards present with trading Social Coins, so be sure to check my breakdown videos! As I always say, be sure to eat your veg before playing with meme coins and only trade with what you're willing to NEVER EVER see again!
A lot of crypto traders are left wondering how much potential this coin has. Can it 100x? 200x? 1000x?
We break that down here with realistic examples of what it would take.
Despite the “clickbait” thumbnails, Ijaz always stays composed and provides the nuance needed when analysing the technicals of the market.
Make sure you check him out on YouTube and Twitter (linked above).
That be another week at sea sailing the crypto markets me matey’s. I want to thank you guys for reading and supporting me, it means the world. If you haven’t subscribed you can do so below, if you would like to share the newsletter you can also do so below!