Breakout played out similar to what I thought it would, albeit a few candles later than I thought. Breakout was very strong though(Grayscale announcement). I expect a retrace to the .618 area which would be around $29. That area should hold considering the strength in the market right now. Dips are being bought with ferocity. Not sure why that would change now.
If we hold the .618 I personally expect fireworks and to test ATH within a week. If it breaks down then I will just watch BTC to help predict my next entry. As always, this is just what I am thinking. I personally day trade based on this data, I scalp in and out a few times a day. I can have as many as 70 trades in a day on active days or less than 10 depending on volatility. I have a day trading account account(several) and then my HODL bags I do not touch, EVER. I see people all the time trading and losing coins that would bring better gains just HODL'ing for a year(more preferred). STAY SAFE
**I can chart anything by request as well, using any Indicator/trend analysis you desire. Just shoot me a message. I post LINK because I personally hold 20,000+ on my cold wallets. I believe in the project and it is just getting started
If we hold the .618 I personally expect fireworks and to test ATH within a week. If it breaks down then I will just watch BTC to help predict my next entry. As always, this is just what I am thinking. I personally day trade based on this data, I scalp in and out a few times a day. I can have as many as 70 trades in a day on active days or less than 10 depending on volatility. I have a day trading account account(several) and then my HODL bags I do not touch, EVER. I see people all the time trading and losing coins that would bring better gains just HODL'ing for a year(more preferred). STAY SAFE
**I can chart anything by request as well, using any Indicator/trend analysis you desire. Just shoot me a message. I post LINK because I personally hold 20,000+ on my cold wallets. I believe in the project and it is just getting started