As I had pointed out in my BTC idea, I believe we are in a distribution phase. BTC will pull the rest of the market down along with it. Where there is panic, there is opportunity. NFA.DYOR. Placed buy orders around $128. Can change, as PA develops.
Simple chart, will this play out and trap bulls? Not financial advice, DYOR.
A simple idea. Not financial advise, DYOR. Will SOL retest $138? Try to get in the bullish zone of $160, fail and find bottom at $86?
Hi all, simple chart, simple explanation. We are in a rising wedge. Daily closes must stay above around $66.2k for bullish continuation (2 days at least) AFTER a retest of $65.3k . Otherwise if this fails with daily closes below $66.2k after the retest of $65.3k . I see a falling wedge in the making, highlighted key areas I think there will be...
Hi all, a further extension to my idea as PA has developed. In simple terms: Daily close below $64.8k = bearish, 50k area would be the eventual bottom (not a bad thing if you want to purchase cheaper BTC) Daily close above $65.8k = new ATH
Simple chart analysis. An extension to my previous chart but in a lower TF to show in a different perspective. Please message below on your thoughts. Not financial advise, my own thoughts, DYOR.
BTC will retest $53k area, to be rejected, forming a triple top scenario. Price target $48.4k.