1 more smooth landing for ETC
if true, it could tell BTC will go down somewhat, Lower Low or Low within the meme triangle is still unknown.
but i would see the real-time interaction once ETC hits the Blue Main All-time support where BTC will be
I was wrong on Hoping for a Capitulation. But I opened my mind to how all these Major Bullish News recently could be the "New Era" for Cryptocurrencies.
- Looking for Volume . Yes, Volume showed up Huge pushing the Bears underwater.
- Still quite significant amount of disbelievers who try to Short the Resistance before every Pump of the Level
- Once Bitcoin is...
"Real" Demand is Real ,but Balance Sheets of MM is dampened by Traders making profit from them.
That's why those target Tops sometimes didnt hit, hence Bottoms sometimes didnt reach.
Back to the basics is that, Bitcoin is an alternative asset. Still the Global Macro-economics is still the fundamental theory for "all" assets.
Until Global economics is on the brink...
Just touched Falling Wedge Support. IF BITTREX:NEOBTC repeats the Macro-cycle , then will range-bound within the Falling Wedge until Bullish Breakout.
This is still a problem to where within the FW of the last cycle is. Green Dashed Time or Orange Dashed Time ?
My hunch is Orange Dashed Time.