I dislike the word ''predicted'' but I said on 1 June a range would be build between 10k and 12k.
Anyone who actually trades knows the cycle and this was pretty obvious.But not many ''analyst'' here actually trade but make $$ from their premium memberships.
This is the range I was talking about. Sideways till beginning or mid October and maybe a fake out before...
Only take this swing-position trade if you see this structure develop over time. The ONE-BTC pair will add instability to the ONE-USDT pair.
High probability that Alts will moon around beginning or mid september based on my previous chart. Structure is everything.
There is a high probability that Alts will moon around mid-september. What you see here is the total market capitalization of all crypto excluding BTC.
If we see a bounce from this low-volume node (outer-extreme/outlier) it will return back the ''value area'' also known as interquartile range in statistics.
The probability of that happening is 69%.
I sold all my positions from $9721 entry price. Sold near the top when I saw the negative divergence on the 1 hour. Momentum lower while price was climbing higher. It didn't feel right.
Sideways consolidation - lots of chop - lots of market indecisivenes.
70% chance that price will return back to $11350
Nearing the end of the trend, negative divergence on the weekly.
Responsive market activity at Bellcurve 1 and price consolidates around the ''mean'' Most likely scenario.
Initiative market activity at Bellcurve 2, value trades lower to bellcurve 2.
sentiment = greed
consolidation near resistance which looks to me like distribution.
Bullish pennant narrative is trending.
I could be wrong but I wouldn't long it
However I would scale in at $9500-$10000 if we retest it.
The fundamentals for Harmony one are looking good.
Java implementation of ethereum protocol from a quantative perspective I would hold. I bought at seed and yes I am shilling my own interest but none the less this looks like a good trade.
There is a obvious divergence with Harmony, wouldn't be a bad idea to scale in.
This is not the bitfinex chart. I don't trade on bitfinex - different volume profiles.
We won't break $5800 this month
Top for december January- Feb $5200
Check previous analysis.
All my top (ceiling) predictions were very very very close. Fibonacci for gauging ratios. Volume profile for accuracy.
$5200 floor (for now)
golden ratio 61.80%