NIce name but the chart says it is going down in the near future. stop 13.51. if the trade is right high probability we will end up right around purple line.
Very agressive buying when the smallest of alt windows open up. Soon to be 10. Hunters volatility funnels all over the place
Hunters Volatilty funnels within funnels in this range plus traditional lines test and retests we are ready
Local neck line as tight stop. After impresive run from btc in may crash second relative high might be in. if we assume tha here a continuation pattern developing. lately strugling to go up forming descending triangle. ready to underperform capitulation to 0.43 i do expect after btc completes run to 47500 ish and takes a rest. a speculation with half ready...
Might be ready to run if not now. one small low and then we we will try again.
IN a choppy way we might grind next two weeks but red rain is coming in the very first days of september. the latest. Alts will get smashed as well properly. Look for coins that have reached their local tops and starting to bend or forming some sort of reversal structures. Be ready.
I look at this and I cannot imagine that BTC can stay on top of crypto when the main goal of BTC is reached - introduce mases with concept of digital money. Question stands whos gonna rule after next cycle? As that famous conversation in a tv show. "Jack,this was always the future, hard cash is fading (..)"
Nothing really to say because it is a very telling chart . Never really paid attention to it but it all there once you pattern it through and recognize some sort of key levels. and at the end you put btc chart on top of it.
Been a nice run if we look at daily. i would say that we are going to pop the wedge to get late suckers in and then we should take rest for a week at least and kill those late gunners.
I would say we will get a small alt season before btc will take it back as it did last year when started climbing up . Last year around this time De-fi was the thing is it NFT this year?
Small fractal continuation break out. if you hold it for your dear life or till christmas then stop might be down to shis small fractal channel. If your are patient there is a chance you get a pullback. Target is simple fib and previous action zone. Intend to run some of it up to whatever the price in the bull peak is going to be.