Bitcoin looks to be confirming a Bullish Bat Harmonic. I am still long from my $398X entries and do not plan on closing anytime soon. Very short term, 12H looks like we can retest $6.4k support next week open will allow for bearish price action but not by much
Earlier this week we had a liquidity hunt to $4.4k however that was the last time to enter with minimal...
If this is confirming itself to be a fakeout into a "V" reversal back into the bearish channel, than the wick up to $9k was confirming the UTAD bearish setup in which it signals the market has reversed
DASH has always been the predictor for the alt market. and this chart says It's time to start scaling into alts,
DASH is the only coin/chart that presents an accurate golden cross on the main EMAs
There is much more upside potential in it than falling below current support levels and making new lows, however this is all under the basis that the true golden...
Is NEO relatively a good entry at this stage?
Unclear at this point, however it 's a bit early to start buying when we break out of the structure at the 0.236 and quickly return to the "support"
The 0.236 is a fib where most shorts place take profits/cover their positions, however it is sometimes used by algos to prevent them from profiting any further on the downslide
There is a lower percentage chance of this happening opposed to a bullish test of $200 however this is the BIG bear case
Notice how the retracement of the "C" wave at $100 had no front-run/algo activity indicating they flipped long at the 0.886, this indicates that this was a liquidity hunt to stop out shorters
Ethereum overextended pump was shortly chopped back down after pilling liquidity pools from short positioned traders. Fisher transform on the daily says we topped
We can now assume with calculated certainty that 0.786 is stating that a good short entry would've been from 165+ since we will be revisiting the "support" around the 0.618 at $147
As you can see the...