can tell you waht the rest of the year will be looking like but you probs want to consider you position in both scenarios. Given you dont know what teh market will be like in 6 months, but i do know the fed put up rates to burry people back into debt and US saving is back to zero, so they can now get back to dominating the other countries as per usual. Which...
If so its pay day for the ALTs. Probably bigger and better than ever before now with the support of the government who fully intends to harvest the fruits of the bountiful taxable income generated from the crypto space.
Would be nice to see it break out and give BTC a run for its money. If the amrket is being controlled then it would make sense to try to create a healthy balance by allowing the alts to grow and establish/propagate your market before you try to pick the fruit/chase the capital gains tax.
Looks pretty good to me. If btc has a pullback that looks like it might mindfuck everyone into shorting, then rest before it continues up, in that time this can develop further if btc dominance continues to chill out. Should BTC get a serious move the the upside the alts will get rigidy rekt probably resulting in this bnbbtc structure creating a bigger bull flag...
Someone knows something qbout this one as a huge amount of volume just went into this. Looks bullish patter
Over all looking promising with a potential short term trading trap. See what happens. Nice setup while sentiment is sleeping and also fomo centric I subscribe to @Kazonomics for the most accurate trading information available in the market.
Tech leaders need to pump in order for this to
Not financial advice.
Dev Video HPPOT - Another look at the market.
Couple of things couple happen. Semi swing trade position. Just a video for a mate to talk about what i see happening. Also on the monthly, it looks like there it a fair bit of resistance for the next potential wave to get through which may just result in a double top on the higher time frame. who fucking knows, time will tell! Even if im wrong, Im still very...
With more negative events to unfold I am counting on the S&P to further crash, aligning with TA that may act as confluence factors