BTC.D - Do or Die (ALT's vs BTC Season)
On the previous idea shared concerning BTC .D, it was noted that BTC .D would try to find support on the Purple Fibb'Circle and ride it up.
It played out that way, and BTC .D has been flirting with fibbonaci circle (purple), as well respecting the Blue Fibb Circle, finding rejction there.
IMPORTANT APEX is what we are all anticipating for!!!
BTC .D's ways are tightening for a Pivotal Shift coming up with the red trendline resistence to find rejection or breakout
- white trendline support+purple fibbonaci circle, and a key support-resistance level to find support for a breakout.
In case BTC .D does not recover inside Purple Fibb Circle Ring and loses it's uptrend of money flow , this would indicate an Alt Season or test the Bitcoin buyes while falling down with BTC .D in the mean time.
In case BTC .D jumps back above into the Fibb Circle and starts Blasting, Bitcoin's price should be followed to know how to swing trade your ALTS, because if it falls against USD and rises on BTC .D, man oh man, Alts will be in trouble
Till the next one, TRADE SAFE <3 !
-Note that this is not Financial Advice.
Please do your own research before partaking on any trading activity based soly upon this idea.
Do your own research with your own diligence
It played out that way, and BTC .D has been flirting with fibbonaci circle (purple), as well respecting the Blue Fibb Circle, finding rejction there.
IMPORTANT APEX is what we are all anticipating for!!!
BTC .D's ways are tightening for a Pivotal Shift coming up with the red trendline resistence to find rejection or breakout
- white trendline support+purple fibbonaci circle, and a key support-resistance level to find support for a breakout.
In case BTC .D does not recover inside Purple Fibb Circle Ring and loses it's uptrend of money flow , this would indicate an Alt Season or test the Bitcoin buyes while falling down with BTC .D in the mean time.
In case BTC .D jumps back above into the Fibb Circle and starts Blasting, Bitcoin's price should be followed to know how to swing trade your ALTS, because if it falls against USD and rises on BTC .D, man oh man, Alts will be in trouble
Till the next one, TRADE SAFE <3 !
-Note that this is not Financial Advice.
Please do your own research before partaking on any trading activity based soly upon this idea.
Do your own research with your own diligence
Looks like ALT's Party is about to begin.
Technically at this particular moment BTC.D is free-falling while Bitcoin is recovering from 57K dip that came from the NATH of 67K, giving room for ALT's to recover much faster thant BTC in price terms against the USD
Key Levels below are the yellow dashed lines for BTC.D to catch a Bounce.
The Pivotal shiftpoint of Fibb Circles when the headline idea was released, broke to the Downside making some of Alt's to gain crazy and make New all Time Highs
TRADE SAFE