we all heard from youtube celebrity that this cycle is like previous cycle but with a simple math we see otherwise "feb to 17 nov in 2017" --> 755% vs "feb to 17 nov in 2022" --> 72% tnx mr Benjamin Cowen for give me new look at cycles
if we break our support for shib we can have a huge correction to the next support area now in market we formed a triangle and breaking it is imminent which way it will be broken is really depends on btc
if you are shocked from last 2 four hourly candle be aware that we have huge support at 57 58 area we made a wedge in 4h tf we know that falling wedge is a bullish sign and no need to panic but is we break down and 57 suppoet fail to we need to be ready to see what 20 week moving average doing so check btc chart carefully
after several day consadilation crv finally get ready to achive its target of triangle and double top in 4h time frame we formed a falling wedge which is a bullish patern also btc is doing ok and we are almost on a strong support
if you are into coin that jump insted of run you should heard of dodo dodo made a triangle in 1d time frame and ready to jump again so add it on your watch list and also watch for fakeouts
after the correction we had we formed a triangle over our strong support in 1h time frame . i bilive we can go to all time high without bigger dip
as we saw in several houre bitcoin hade a fast dip and many altcoin hade a huge dip like dot but we have to know that eth is too strong to have a free fall we are in a strong channel toward the upside we can put our sl under our channel
etherium formed a triangle in 1h time frame and break out toward all time highs is imminent
bitcoin now is sleeping in its 20EMA but once it wake up will make its decision to break triangle toward upside or downside.
we are forming a triangle we can still form the double top but if the triangle shape more clear 2 thing can happen? 1)break downside back to huge altcoin season of 2018 2)break upside and go to target of double top
after eth breaked its all time highs now eth formed a cup and handel and can fly upward much more
dot is one of the undervalue large market cap coin its heavy with good potential for growth it try a lot to break its triangle in 1d tf if we have a clear break out we can fly to 200 its better to trade it in spot market case the volatility is high and a shadow can kill our dream in future market
buckle up shib about to move we formed another triangle qnd move is imminante so be ready. also take care of facke outs
polygon after a huge move having a rest to get back to the fight to the triangle target. we can back into the purple zone the n get back up so i will use a order there in order to get back i matic again
if we close this candle over the falling wedge we can see another move of btc to the all time high
after a huge move now omi is in a falling channel and base of market condition and the value of asset it might raise from grave after hitting golden packet of its two upward waves. remember that if btc start a new rally it might never see its golden packets and after breaking its fibonacci channel it will go up so be careful and take omi to your watch list
if the lord bitcoin itself let the market matic is one of the coins that can have huge move in bullish scenario we will break the triangle to the the upside and continue our huge move in the bearish scenario we can touch the trend line and fly from there
as we all know we broke the 60k btc formed a head and shoulder and it going down how deep? it depend on market condition but the worst case in short term can be target of head and shoulder in 53k