There is no use for this token, and more and more bearish. The coin has no use case anymore. Short till 10c
fundamentally this coin is useless now; dont expect any pump
1 ~ overvalued in bear market, this token is 2.1 b and hasn't dumped much compared to other tokens who did mostly 90% down across the board 2 ~ descending triangle (bearish) 3 ~ descending triangle resistance retest (bearish) 4 ~ crypto market no power for relief rally (bearish) The possibility to go down is higher in my opinion
Scenario 1 Scenario 1 is we make cup and handle above 19k, then back to near ATH next year, this is possible since rsi is already oversold, but, btc.d shows more dump can come since alts are overvalued Scenario 2 is we retest 9 to 10k then resistance around 30k. It would make most sense, but I think we got a good support at 19k. I am getting this data from...
Descending triangle and rsi above 70, easy short for 40% profit
A massive descending triangle is in the works like I said since January, this resistance was broken twice but quickly led to a massive dump afterwards of more than 30%
Descending triangle and strong resistance now, wont break easily. we will see a 20% relief rally then market breakdown
Rsi bearish divergence.... again Also very high rsi in sell area
..Which is exactly on top of the descending wedge support. I dont think we will see 40k again after this for a long period of time
What made BTC go this high? People bored at home because of lockdown looking for dopamine rush People who didn't enter crypto thrown their savings money Stimulus The endless pump of stocks But now all of this is ended! Once we dump below 40k I don't expect to reach it for a couple of years
In about a week or so we will see capitulation. We have had 2 years of bull market, now its time for 2 years of bear 2016 2017 bull 2018 2019 bear 2020 2021 bull 2022 2023 bear
Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance Pattern looks incredibly bearish. We always dump before halving the cup is drawn too big, it should not break the previous support of 462b btc 19k bottom, maybe scam wick to 13k expect 2020 highs of every altcoins, and some...
Bull market is over. My initial analysis was this. However, as BTC held 33k I gave it another chance for a LONG. What a waste of time. It's done, once break this triangle it's game over for a year or more.
bull run is over guys!!!!!pumps getting weaker and weaker and the chance of crash more and more immiment. id hope for 52k or even 46k but seems like the bears have won
People are bearish and scared. Don't panic! Everything is OK!
Everyone and their grandparents are bearish. To lift people's mood I made a 'what if' 100k prediction. Enjoy!
Long good alts like LUNA LINA FTM AVAX, Layer 1 etc, good luck Chance that descending triangle will be invalidated is very low, so down for btc.d
It is easy to say 19k and 28k and instill fear into people. It makes sense. However, the chart shows there is big BIG pump coming! Don't get shaken out.