playing devils advocate
*HYPOTHETICAL*
this one gives a better timeline analysis IF this is actually a bear market rally, and how + when bitcoin could will break out of the hypothetical bear market rally
this one is primarily so that i can save an idea without actually saving it.
welcome to criticism and debate
*HYPOTHETICAL*
this one gives a better timeline analysis IF this is actually a bear market rally, and how + when bitcoin could will break out of the hypothetical bear market rally
this one is primarily so that i can save an idea without actually saving it.
welcome to criticism and debate
Comment:
Currently the high is 18883
If the over bought and very close to 100 weekly Mfi has the same track record of falling about 70% would put us at 5664.
5564 is the last support that failed during the bear market. Funny enough we also blasted right though this resistance.
We should expect a hard bounce towards the trend line. If it can’t hold above trend line on a weekly and daily we will be seeing 3k btc again.
If the over bought and very close to 100 weekly Mfi has the same track record of falling about 70% would put us at 5664.
5564 is the last support that failed during the bear market. Funny enough we also blasted right though this resistance.
We should expect a hard bounce towards the trend line. If it can’t hold above trend line on a weekly and daily we will be seeing 3k btc again.
Comment:
I don’t think we see 15k btc for a long time.
Attempt to get above the trend line will be seen again at the horizontal line
Attempt to get above the trend line will be seen again at the horizontal line
Comment:
I need more sleep. The high is around 13883
-70% around 4.1k
-72% around 3.9k
(MFI weekly near 100 overbought)
(Look at my other analysis)
With a rally this high it could mean we break even lower than 4k
-70% around 4.1k
-72% around 3.9k
(MFI weekly near 100 overbought)
(Look at my other analysis)
With a rally this high it could mean we break even lower than 4k
i'm shorting this
Tp scaled order 7.5k-9k