as an update to the chart i posted yesterday warning of the impending BTC bear market...I believe we are still on track. ATH should be in soon followed by a rapid and steep selloff. If you're still in BTC long, consider closing your position and buying the bottom. I believe we must correct down to the lower channel support before we BULL RUN to $12K
Looks like Ethereum has established a bullish channel. Found a top/resitnace near $470. now heading lower to test support. Keep an eye on the 0.618 or it may dip slightly below like before into the 0.786
Take some stress out of your decision to buy, hold, or sell..when you look at the Ethereum big picture, you can see we just entered a new bullish cycle. Its not to tale to get in..in fact your still early. Based on this Time cycle chart, we can expect the Ethereum Bull run to extend into the first week of january!!
Crypto charts move in patterns.. The challenge...
looks to be repeating the previous double top cycle on the 4 hour. Bulls be careful, its a TRAP! The only question is how low will she go? bounce of lower channel or dip below like last time. either way I closed all my log positions