Preparing for the next move Expecting to hit gold ratio Fib.
I will be selling at 140$ Just let it ride. Support 22$ Support 17$
Tested 2$ support on monthly can retest IF Bitcoin continues diving OR we can bounce here and retest 4.60$ Overall the chart is bullish.
the Bitcoin Market Cap could be another indicator of when the bull run of 2024 will start.
AVAX ran 5X Bulls are holding strong support but may retrace with Bitcoin BD below 30$
BLUR is getting ready for a strong BO above .65$ Some alts are following ETH and showing more strength than the others that following Bitcoin
This chart shows breakaway gaps and the timing of when and if they can be close . The notion that gaps are always get closed applies to most of the gap types but break-away-gap that is reated by excessive buy or sell volume in the market. The challenge with gaps is predicting the time __ time in the market is EVERYTHING.
It happens every time in history___ and charts tell the story. Bearish stick or sandwich however you call it but this is a very strong bear candlestick pattern.
Expecting 2016 tending scenario The very last dip and we are off to make new ATH 30K would be a GIFT before the long-awaited halving
It just broke major 22$ support. Next strong historical support 10$ ZEC is on the verge of getting delisted with Binance and just got delisted with OK, and you can see the selling pressure.
I am leaning more toward the idea that it is a bearish consolidation because we just closed the gap. Since things are likely more apparent with ETH, we can correlate it to Bitcoin when bullish ETF hype is still kicking. ETH I will be a buyer at 1700K$ levels Right now, my position with ETH and BTC is derisked.
My PT from the previous posts when we were in 30" hit I said then that 46K was given and 48K would be a Christmas gift. Well, this already has happened. Now, it is decision time that is based on every trader's strategy and how well performed in the 5 months of green (candles) I feel more bearish just because of 5 green candles, but IF we break above 50K, we...
If you look at the supply-demand ETH/BTC pair historical chart and BTC halving you will see the correlation with every halving and a bull run. There are ways to interpreted I always find the ETH/BTC pair as another "tell" or tool to reference the overall market trend
That probably is the only attraction, though I was surprised to see LUNC on the 2024 list suggestion from a trusted source that included some good, strong projects. I stopped following since the big short and when this thing taught me a few expensive lessons. Whatever it is, I grabbed some for a sport. Let's play it.
BTC is short at the support line March 2022 March 2023 It can break down our bounce, which makes sense when looking at the historical 12M chart and 46K candle resistance. We are at a time when we should expect a big break out of 60K resistance or break down with 35K and 30K support. The 17K gap is still open, and it's always on my radar for this or the next...