Clear 0.035 and expect ETH to melt up...
Bullish above $40K and super bullish above $44K.
Rejection from .786 and now breaking down from a rising wedge so i expect a retest of ~$1800.
DeFi is around $50bn, which is peanuts compared to its potential for disruption...this space is in the early innings and i expect another major bull run soon.
Short pause around $1800 (golden pocket)...levels to watch: $1858, 1944, 2042 then full send to $2500.
ALGO looks like it wants to melt higher...bullish above $1.40.
Keep it simple stupid...BTC touched .382, consolidated around the golden pocket and is now testing the .786 / downtrend line from ATHs. If we fail to move higher, I would expect a re-test of $54/55K (i.e., golden pocket), otherwise we should move towards ATH.
break/close above $1.05 and i'd expect a run to $1.50 with upside to $2.
forming and breaking symmetrical triangles since November 2020...if we get above $0.55, i'd expect a pump to $0.95.
Bottom trend line since mid-Jan converging with .618 fib...not a bad area to buy spot.
If we don't bounce here, expect a wick to 0.0275.
Don't need to overthink that area if we get the chance...i'll be buying for my long-term bags.
ultimately looking/hoping that $52K holds. if not, we'll get a further correction into mid/low 40s. we remain in a bull market even if we correct that deep so dips are for buying until otherwise.
big move incoming...both trend lines have been touched multiple times so i don't expect it to hold...which one will it be?
let's hold this resistance turned support line...
potential cup & handle formation...break above $1.50 and with full send to $2.
Just listed on Coinbase...chart mirrors ETH so expect a real pump if we clear $1.50.