Alfonso
btcusdtperpHello my comrades
1. As you can see in the bigger picture (weekly time frame)
The price is currently at the end of the wedge (purple line), which in itself is a good support because it overlaps with several areas of demand.
2. Below is the last support which is between 29920 to 28870. If it is lost, I have to give a new analysis.
3. Most importantly, the dollar dominance chart is approaching its resistance level and this will cause a positive market reaction.
4. Although the level of 34242 has disappeared, the candles are still rising in 4 hours.
We can see a Short squeeze
zecusdt zecusdtperpIf the monthly candle is also closed
Depending on the style of supply and demand, there are two important levels of return that are indicated by a rectangle.
And the figure on the right shows the fractal that we are completing monthly
It is better to look for return signs at 75 and 61 prices
wow long Alfonso?Hello dear ones, according to Alfonso setup, we may be able to get a one-hour confirmation time here for Wow Long. Because in the larger timeframe we have encountered a valid demand zone. In addition to the technical data within the network, it shows that the whales are collecting. This is not a financial recommendation.
BTT Bullish Trend Accepte !!Based on Mr. Alfonso's method (supply and demand levels) analysis is done in daily time. Accordingly, its strong uptrend is confirmed.
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