Melonmusk007

Melonmusk007

As Bitcoin recovered in late July it managed to conquer (break and close) above EMA100, this is strong resistance every time. As a strong level is conquered, it needs to be tested as support before the initial move can continue. If BTCUSD can stay above $45900 (MA200), we can expect higher prices next... But if it fails to hold up, we are definitely going lower...

Melonmusk007

ETHEREUM is in a Dip FIB's retracement After reaching target, There will be a slide to lesser support zone located below $2750

Melonmusk007

Hey everyone... here's my thought. Make your own assumptions and interpretations

Melonmusk007

BTC My analysis time for 2nd wave bearish I think BTC will be on the dips before the pump back to 50k and beyond

Melonmusk007

My analysis BTC will dive below 42k after a stop at 52k. but there can be more neutral-bearish movement for BTC before any other major leg up.