I see some shake outs coming and we could wick down to 21600 with 22400 a poc and 23k an easy target but I love the way 24K has held i see us creeping back to 25-26K. HOLD STRONG!
We may rise 4% to hit the imbalance area before dropping to the correction target.
- As we can see every time there was a btc halving event there was a bullrun, then within 12-18 months we had a cycle top! - Same to repeat again?
As with many other Markets, Crypto took a Dive as fears about SVB came tot he surface but as soon as ideas of safty came out, Look how it recovered. This is one of the MAJOR advatages of Crypto, it really is 24/7, trading any day and at any time. Some people Still cannot get their heads around that. Anyway, Look at the Volume that came in. thats shows Huge...
The crypto market has seen tremendous growth in recent years, with an increasing number of individuals and businesses adopting cryptocurrencies as a viable alternative to traditional fiat currencies. This has led to a surge in demand for blockchain technology, as it provides the foundation for cryptocurrencies and enables secure and transparent transactions. One...
Inverse H&S structure is forming on the altcoin market cap chart This right shoulder might push the cap much higher and result in a recovery Chart pattern analysis Daily timeframe
The chart speaks for itself mostly. PA still in long term descending channel, Wicked down to lower trendline and found support VRVP shows a lot of resistance above and not a lot of support below IF PA breaks out of channel Fundimentals right now are very Biased against Crypto and to many extents, unjustified. IT is the simple Fact that Crypto has been relent on...
#total2 I see an accumulation on the monthly chart and this is how I determine my possible roadmap.
Total crypto market by the end of 2025 will have +10 T
Psychology of a Market Cycle. Where is Crypto on the Wall Street Cheat Sheet!
Hello guys. This is an update of previous analysis (blow link), The chart is very similar to Bitcoin now. After breakout the trend line , I expected some correction as a pullback and complete the pattern then continuation of upward but this has not happened yet and the market needs that ,Consider it and monitor the price's action in the circles. Good luck. If you...
As we can see from the chart, PA has got above the neckline of the FTX drop and more importantly, is now using it very clearly as support while things cool off This line of support also happens to be the 236 Fib retracement line. Golden Cross on 500 / 200 MA MACD & RSI all in good shape to push up again. The Only thing is the StochRSI on the weekly, which is...
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. TOTAL MARKET CAP ANALYSIS UPDATE:-After getting rejected from the strong supply zone, it is now bouncing off the ascending trendline support, where the Ichimoku cloud is...
🛑 If the worst happens, we have a bull trap on this diagonal resistance. For now everything is normal, if it doesn't break the previous week's low.
If crypto total market cap is following wall street cheat sheet fractal: Capitulation (3AC/LUNA) created first low Anger (FTX implosion) created lower low Depression creates final low Prediction: we sweep the FTX lows from Nov/Dec 2022 creating an August 2015 style bottom in August 2023
Looks like PA is likely to come back down and test the Neck line of the FTX recovery, as support This is NOT a bad thing If we continue through the neckline, THATS a bad thing GOOD Things are the possible, Very likely GOLDEN CROSS with the 50 /200 MA on thursday - should lead to more positive Sentiment
PA is ranging while the daily MACD cools off, as it has now done. It could Drop lower and signs are it may well do so. RI is nearer 0 and may bounce of it if PA decides to continue to range and not come back down to test support on the neckline of the FTX Recovery ( Dashed /white line). What has kept the TOTAL PA up while BTC has been ranging are the lower cap ...