testertje777

testertje777

Actually used ETC's market structure 2018-2021 to visualize what could be waiting for the crypto class of '21.

testertje777 Updated 

Entry targets during potential pullback: - 44K - 41K - 37K - 35K Fakeouts to the upside are still possible. I'd rather be patient.

testertje777 Updated 

Simple idea. Note that I didn't keep the timing of the market in mind. This can develop over a longer time frame. A wick below the uptrend to the lower 20s is still possible in order to provide liquidity. As long as it's a wick and the daily closes above the uptrend, this idea stays valid.

testertje777 Updated 

Guess what? We are trending, but you didn't hear it from me.

testertje777

I like to put things in perspective. To me it's a rhetorical question obviously and I DON'T think this was a bull cycle, rather just the beginning of it. Have you done your homework too?

testertje777 Updated 

- In case of a bullish continuation I can see the 20 USD resistance break to the upside, the next Fibonacci targets are: 38 USD, 62 USD, 85 USD. Reversal area will be 4-5 USD in that case. - In case of a bearish continuation and a longer term consolidation of Bitcoin, I expect Band Protocol to seek for the lowest support levels (alts do bleed out during a bearish...

testertje777

Patience might be tested for another few weeks or even months. But the patient one will be rewarded. The EMA ribbon is getting tighter and a trend shift is on the horizon. This market looks bottomed out, what's your take on this market structure?

testertje777 Updated 

Keep it simple.

testertje777

Sometimes things can be crystal clear.

testertje777 Updated 

In case of a bullish continuation and a wave 5 together with bitcoin, this could lead to a 3k-5k in price considering the fibonacci levels. It is not certain yet that a wave 5 will follow. If bitcoin does not manage to proceed with a wave 5 during the next month or two, this idea might get invalidated.

testertje777 Updated 

Band Protocol has been very volatile the past months and hasn't made any upward moves in general. In the bigger picture this has been a consolidation phase. When things get frustrating, a reversal signal is nearby. Indicators also don't lie. This is the time to start dollar cost averaging and riding a huge run during the months to come.

testertje777 Updated 

If this retest holds, it will be a bullish signal in the longer run. Fundamentally, we also have N3 mainnet on the horizon.