azbest5

azbest5

Whales have accumulated over 48k BTC in the past 6 days. This is the largest position they held since the beginning of August at least. There is a high probability that a supply squeeze could take place as well as a short squeeze. MACD divergence indicates a possible move higher.

azbest5

There's a likelihood that the break of ascending wedge will see this pair plunging about 6-9% into the support zone. Also, please be aware of the topping crypto market cap at 2.4T.

azbest5

Guys, brace for an impact. Wave 5 in progress now. We have broken the trendline support for the second time now (dotted green line). Price action (so far) confirming further downside. Expected bounce from 20k up to the resistance trendline (dotted red line). For the Fibonacci retracement, we have hit the 38.2% level. Unfortunately, we were not able to crawl up to...

azbest5

There is an H&S pattern forming on the 4H timeframe which would mean further downside. Please also note that there's an incoming dead cross on the daily frame. The good news is that inflation is taking off which should be good for this market.

azbest5

Looks like we will be testing the recent lows and possibly making new lows. HODLers beware!