lucasdiaz9

lucasdiaz9

Btc market cap dominance reached a low point around January 16 when it started what it seems to be a trend reversal with a almost perfect retest on the on the 200 ma. If btc can regain 10% 20% of its market cap dominance this will confirm investors are excited about btc again and a lot if the meme coins shit coins will hopefully be gobbled up and flushed out of the market

lucasdiaz9

Link retesting previous resistance turned into support. Bullish divergence building up. If btc is able to push higher this should confirm the break up for link

lucasdiaz9

MVRV ratio is been below -15 for the last few days is a great buying opportunity. Finding support above this trend line would confirm the recovery. Of course as long as btc doesn't dump

lucasdiaz9

ETH broke the $1300 level to the downside and came back up pretty quick. If ETH gets a candle close above $1320 on the 4hr chart a big move to the upside is more possible. it could dump some more depends on the volume,RSI is going back up on the 1hr chart keep an eye on the 4hr chart as well for RSI levels.

lucasdiaz9

ETH finding some support on the 0.236 level but if it doesn't fully break the 0.5 level upwards in the next day or two this downtrend is most likely to continue

lucasdiaz9

not sure if im doing it right but it seems there is a couple corrective waves left before the impulse waves kick in the next uptrend.