🥳 Hope everyone's doing great today, this won't be a long idea but wanted to at least get something quick out so here that is for you ladies and gentlemen, thanks. Below is a quick TA chart to visualize stuff:
🥳 We fell below my 0.77 level which I indicated was a strong support and once that happened we slipped down to 0.72-0.71 roughly, finding support at...
It's a busy chart so, here's what I'm thinking :
Early in BTC's bull rally was a large amount of chatter about BTC's dominance that propagated and peaked over time (from $500 to $20k, or November 2015 to November 2017). We've crested that initial euphoria of discovery and are diving into a new stage of discovery and investment, for a new crowd, that may propagate...
OKBTC may have just broken out of a falling wedge coinciding with a bounce off a fib level (50%). This coupled with the upcoming birthday announcement could mean OK may retest earlier highs. Like most new events in crypto, this will probably be a sell the news situation where we will see accumulation until the announcement is made.
Entry: < 5600-5700
TP1:...
