DrMomeX

DrMomeX

CakeBTC is in the trading range area and my idea is on the chart !

DrMomeX

Everything is explained on the chart! right now BTC is ranging between those two area ! i see the bottom on 18k !

DrMomeX

Right now CakeUSD built a Bullish flag pattern with break out of the channel prise could rise at least as high as the channel's width !

DrMomeX

Greetings crypto people ! As we all know when this positive divergence happen on the chart that means the price already reached the end of descent and we can expect to start new ascending trend soon !

DrMomeX

As all of you know already , if the ascending triangle pattern happen in the downtrend channel then there is more than 60% possibility to reverse the trend and break the triangle up!

DrMomeX

everybody out there think this is happening but "NO" when the price is low and people say it's gonna to go lower , YOU BUY ! and when the price is high and people say it's gonna to go higher you sell !

DrMomeX

Scenario number 2 : BTC could get ranged for a moment then we could see "Spike" Market Cycle consists of 3 phase : Spike ! Channel ! Trading Range !

DrMomeX

Hi communty ! actually i thin this channel is really valid and based on this trend line , there is 2 scenario possible ! 1 - After retesting the 17.5k - 19k support line price starts growing again an the next bull market will start after one good green candle close upper than the WEEKLY EMA 200 ! ( maybe a good place for buying) 2-if the price break the bottom...

DrMomeX

Cake broke downtrend an complete a retest from here price can rise up as much as width of the broken channel , then if a break happen arounf 0.0003 resistance we can expect touching 0.0008 again in longterm !

DrMomeX

But i think BTC is back in the falling wedge again !

DrMomeX Updated 

As you see right now Bitcoin touched very strong trend line and also price is on Fib 0.618 ! everything is obvious ! Time to fill up! "NOT FINANCIAL ADVICE"

DrMomeX

BITSTAMP:BTCUSD PUMP or DUMP !? Actually Price Action think it is time for Bulls to kill Bears ! but anyway cheers !

DrMomeX

1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!

DrMomeX

1000 Euro in 2008 = 1600 USD 1000 Euro in 2022 = 1060 USD And if you bought 1000 Euro of BTC in 2011 now you would have : 689.65 BTC that worth $20,689,655 ! So Dear Mrs LAGARDE what is the reah shitcoin?!

DrMomeX

Right now BTCUSD in Monthly timeframe is on very Strong RSI Support ! Last time btc was on this support it jumped from 3500 to 64000 ! so what do you think !? FUDDERS WILL LOSE SO BAD SOON !

DrMomeX

Right now BTCUSD in Monthly timeframe is on very Strong RSI Support ! Last time btc was on this support it jumped from 3500 to 64000 ! so what do you think !? FUDDERS WILL LOSE SO BAD SOON !

DrMomeX Updated 

With this new fixedterm staking till now PS semi-burned about ~74 Million cake tokens ! And also Pancakeswap is going to redesign tokenomics of CAKE token so they can burn even more tokens weekly ! Then what do you think !? ^_- And if we talk technically as you can see price is in uptrend channel and after this panic sell off it is now going to create a reversal...

DrMomeX Updated 

MY advice : DONT LISSTEN TO FED SEC EU and all the f**king FUD MAKERS ! BTC is the FUTURE and now FIAT is Afraid of IT ! Because FIAT is real shit!