Boxes in red should remain unbroken to continue bullish momentum. Are we going to witness some relief across the board as Mr. Powell has given some reassurance to the markets by saying a recession is highly unlikely in 2022.
Everything is in the charts. Really tryin to simply as much as possible. We have just crossed ema 8 w/34 and this has confirmed pst 3 reversals. Let us see how this plays out, imo we are at a make or break range, back below 40k is really concerning especially with macroeconomic and political factors.
very nice to see that if this does layout, 64k will be an area to retest later on, take this as food for thought, history often rhymes but never repeats. #Bitcoin has been in an up trending channel since 2013, this chart is on the monthly.
the eth/btc pair is currently testing the support simultaneously while btc d is on resistance. let us see how the market reacts. indices are also dropping, stay safu.
OGN hasn't moved much compared to other alts, it is a good rr with 200%+ to the ATH. If BTC keeps the upward momentum, OGN should follow as well as after it breaks the resistance of the flag it is forming.
Be careful, If the bitcoin dominance continues its uptrend, it might be hurtful for your alt coins in the short term. keep an eye on the dominance chart and monitor your alts closely.
Could this play out? Let us wait and see. bitcoin has relatively held well, thanks to the bulls who are gobbling up all the lows. I am still bullish EOY and am hoping to see some ETFs approved in October
in the short term, the dollar has broken resistance but let us wait for more confirmation from the market and see what the US's next move is. The dollar can have a negative effect on stocks and crypto if it continues uptrend.
what looks to me like a repeating bottom pattern. I believe lots of users will migrate from binance to fix as binance is under lots of regulation and ftx has more options for trading. I do believe in a somewhat lengthening cycle but hopefully we'll see soon nice returns in 2021.
some of my support resistance ideas.. I don't expect that we drop any lower in the short term or medium even. September is a slow month and link can surprise us all with some independent movement as it has before.
