Fall below $690 and this is almost certainly invalidated. Sell volume really slowed today and a nice amount of spot and call buying supports this area to be a stronger support than most think. I think we do a small dead cat back over $800.
After a 20%+ drop from $51, $LK is looking extremely poised to come back towards that ATH. Can't say if it will break it or not, but with phenomenal growth prospects, this opportunity cannot be missed!
Volume is decreasing, strength indexes topping out, and worldwide economic failures make this an even more likely scenario to play out. Stopped out with a close above 295 and looking to hold for the next few months. $VIX calls could also be a play. Now is not the time to buy.
Looking at previous alt cycles and $BTC current movement, I think now is the time to buy alts at these double bottoms they are forming. WAN is a coin that never saw it's prime in an alt rally, so I believe it to soon blow everyone out of the water. Down almost 95% from USD highs. Time to buy, SL under 750 sats. Little risk, lots of possible reward.
Here are the two possibilities in terms of what the MAJOR supports are showing. We need to bounce from here, then retest, then we can make a move into a new bull market. Unfortunately, if this support doesn't hold, we'll be taken into the 3000s and probably not end until we hit 2800 or so. I see that as highly unlikely, but since we've seen no capitulation and...