*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only*
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An update from my last chart dated 8th April.
Since all Crypto hinges on the beast that is BTC whether we like it or not, need to be keeping a close eye on this.
There are several different schools of thought such as Gann, Elliot wave or Wyckoff, each tech method anticipates varying results. End of the day, it's very tricky to predict what is on the blank white space ahead of us, so all we can do is share our nonfinancial thoughts, calculate probabilities and be aware of possibilities.
We are still getting some incredible volume, over the days/week, so there's still gas in the tank for this bull cycle. While volatility is at it's highest still after last week's dip, it's still best practice to enter this space with caution or wait til the dust settles.
We need to break the $40K resistance region to continue uptrend, or it's possible we take another dip lower before an epic bounce.
As always, stay safe, watch for volume. Do your own research. This is not Financial Advice.
Good chat.🤖
My last chart dated 8th April:
============================================================
An update from my last chart dated 8th April.
Since all Crypto hinges on the beast that is BTC whether we like it or not, need to be keeping a close eye on this.
There are several different schools of thought such as Gann, Elliot wave or Wyckoff, each tech method anticipates varying results. End of the day, it's very tricky to predict what is on the blank white space ahead of us, so all we can do is share our nonfinancial thoughts, calculate probabilities and be aware of possibilities.
We are still getting some incredible volume, over the days/week, so there's still gas in the tank for this bull cycle. While volatility is at it's highest still after last week's dip, it's still best practice to enter this space with caution or wait til the dust settles.
We need to break the $40K resistance region to continue uptrend, or it's possible we take another dip lower before an epic bounce.
As always, stay safe, watch for volume. Do your own research. This is not Financial Advice.
Good chat.🤖
My last chart dated 8th April:
