As we said before major support now is 0.5 Fibonacci to 0.61% Fiboancci level and currently price is touching this support zone so we can expect a rise and pump there if the support hold.
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very good chart,agree with u im waiting for 16200-16600 zone, it's will be perfect for entry
SwallowPremium
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Wow amazing job, thanks for sharing!!!
Crypto_MD
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Great Idea. Check out my Onchain analysis.
birarakisarap
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dude! you are long since 30k and you always fail.
ferGOD
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Investor Psychology - Not Just Another Crypto Air Pocket
The big market story of November 2022 was the sudden “epic unraveling” of the cryptocurrency exchange FTX. It fits a long history of post-peak reversals among exchanges. The speed and depth of FTX’s collapse are vitally important, as it foreshadows the character of the coming third-wave decline in stocks. Many observers have drawn comparisons to other infamous corporate frauds in the wake of the dot-com mania peak in 2000 and the housing bubble peak of 2006-2007. The two most compelling comparisons are to Enron, an energy trading company that went bankrupt in December 2001, and Bernard L. Madoff Investment Securities, which dissolved in December 2008 when its founder Bernie Madoff admitted to fraudulently misrepresenting client returns for at least 17 years. Like FTX, both firms were trading enterprises that were considered modern-day wonders of financial engineering. All three were built around leaders who burnished reputations as clever financiers through the peak of their respective bull markets. At a gain of more than 374%, Enron stock’s three-year rise into September 2000 reflected this status. By the standard of the final Grand Supercycle highs of 2021-2022, however, it was a piker. The bottom two graphs on the chart show the surge in the price of tokens issued byFTX and Crypto.com. In less than a year, they rose more than 2200% and 1570%[b/], respectively.