BEDOYA1

BEDOYA1

cardano is in a state of consolidation, likely scenario is to test the trendline and move down to the next support for short term counter trend trading and the alternative scenario is for price to break and retest the trendline before going to test the all time highs.

BEDOYA1

waiting for the retest of the bullish flag and then the move to the daily resistance level.

BEDOYA1

my directional bias for bitcoin is down because price broke and closed below the previous low between the $46,000 to $47,000 zone and is said to be in this downtrend untill it breaks and closes above $53,000 to $55,000 zone.

BEDOYA1

cypher pattern forming on bitcoin, D leg to exhaust on the 61.8/50% fib level of the overall impulse move also the $40,000 level before the possible reversal.

BEDOYA1

solana may tend to retrace to the 61.8% fib level before breaking all time highs.