It looks like we are going to be stuck in a channel for a little bit longer in July and early August.
If this is indeed a micro channel, and a bullish one at that, with a potential breakout with some positive news for the market, then watch out this are going to get crazy real fast.
Currently BTC is @9288$ and we got pretty decent resistance between 9.35k and 9.5k so we need to push higher for this channel to confirmed.
So about those mains, meaning like LTC, BCH, ETH, ETC, XRP, BTC, and few other.. i believe they are having been stabilizing well actually. Surely a sell was expected, but they have defended their sell offs, but honestly when looking for the last 3 month, price have been trading in range.
ZECUSD is holding $50 strong. ETH is holding $200 strong. BTC is holding and gaining on $9000 LTCUSD is holding $40 strong. BCH is holding $200 strong. ETC did drop below $6, but i have some serious, serious doubts it dropping further
I will be doing next set of TA for LTC, BCH, and ETH and other soon.
REMINDER: ALT season cannot start without TRON spiking higher, luckily, we already at 185 sats, and looking to hit 200 :)
__FRACTAL_DATES__ The trend of June 1 fractal lasted right into June 10th, it was enough to push ZIL, XVG, ADA and few other coins, up. July: 13. AUG: 22 __FRACTAL_END__
__REVIEW__ So once the trend broke, unfortunately main crypto leaders dropped, and that translated into descend across the market.
However, that was not the objective of JUNE's month - ALTs season in question. June had a few crazy rallies from ZIL, XVG, ADA, LEND,SIA and other. You can see all of the alts that i was either involved in or had TA done by request. Don't get me wrong i can;t catch them all. I do what i can. __REVIEW_END__
*LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
Thank you, _Ajion
Comment
⋅
Well, this is an interesting development, lets see if crypto has confidence in its valuation. Know your stop losses if need be.
Comment
⋅
Well, this didn't take long lol. To the moon my fellow cryptopunks. Fuck covid, hodl for life!!
Comment
⋅
interesting, something odd is happening. Weekends tend to be slow it seems. Monday shall be interesting.
Comment
⋅
Finally, mains woke up.
Comment
⋅
RIGHT, so.. Mains wake up and alts go puke.. not cool not cool, but hey FOMO is soooo strong damn.
y no XMR & DASH? 🐬 ... thanks for posting, I'm following! ♾️
Ajion
⋅
@IamPhoenix33, these are mains as well. They time is coming. I love dash, but I just haven't been involved in it lately.
IamPhoenix33
⋅
@Ajion, I am a bit of a trading noob but I will hodl my BTC & boss privacy coins to the edge of the Milky Way and beyond. 🌏♾️✨
Ajion
⋅
@IamPhoenix33, lol. Well hodl is name of the game, just be mindful of when and at what price u get a coin. Good luck. Stay strong. I'll do a ta on dash and xmr, this month.
IamPhoenix33
⋅
@Ajion, No fomo, no stress ... I'm playing a little with alts but not too much, just gradually accumulating certain up-and-comers 🙏🏼🕉️🐬