𝕄𝕒𝕣𝕜𝕖𝕥 𝕊𝕥𝕣𝕦𝕔𝕥𝕦𝕣𝕖 𝔹𝕪 𝕁𝕠𝕠𝕡
—————
No ALT szn yet ••• Total ex BTC & ETH
3d total chart
• after every collapse, we get a consolidation phase (bear market) → white
• price broke out from the red rising wedge (bearish pattern) & even the target of the wedge hasn’t been reached yet
• green → resistance + broke out + retest
• Confirmation:
- daily Pivots (yellow) + the second pivot is lower & we r in the retest phase
- low volume (blue line)
- RSI showin clear consolidation
- aggregated spot CVD → in its lowest form = no one is buyin BTC itself, let alone others
Conclusion
• min one more leg down
• any pump is liquidity grabbin (liquidity driven market)
Stay blessed ••• Joop
—————
No ALT szn yet ••• Total ex BTC & ETH
3d total chart
• after every collapse, we get a consolidation phase (bear market) → white
• price broke out from the red rising wedge (bearish pattern) & even the target of the wedge hasn’t been reached yet
• green → resistance + broke out + retest
• Confirmation:
- daily Pivots (yellow) + the second pivot is lower & we r in the retest phase
- low volume (blue line)
- RSI showin clear consolidation
- aggregated spot CVD → in its lowest form = no one is buyin BTC itself, let alone others
Conclusion
• min one more leg down
• any pump is liquidity grabbin (liquidity driven market)
Stay blessed ••• Joop
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.