I keep trying to prove myself wrong as a good analyst should, but I can't seem to. 10K or lower just makes sense...
This chart is pretty self-explanatory. Head and shoulders pattern has completed and with current Macro-Economic conditions worsening and tightening, I guess this truly was one of those, "Buy the rumors, sell the news" events with the Ethereum Merge. Not only this, but we are consistently trending down, making a series of lower highs and lower lows. The trend...
Here I used the COINBASE weekly chart. In my last post I used a BTCUSDT chart because the S&R levels are much clearer. (Maybe because more people used USDT to convert to BTC & vice versa). Here are more reasons why the sub-12k zone may be the maximum pain for BTC. Since the ATH @69k, BTC started an ABC correction as wave IV & has recently failed to hold 20k. Much...
This post looks at the following items to assess BTC possible upcoming cycle accumulation ranges, next cycle bottom and historic lowest price possible: * Cycle Bottom Indicator & CBI Extensions * Log Chart key support and resistance levels * 200W SMA (Simple Moving Average) Historic Cycle Bottom Support * Historic Cycle Accumulation Zone * 300W SMA...
Inverse Head and Shoulders: The two targets represent a Unlogged & Logged projection from the Head to the neckline. Giving two vastly different results. To meet the 100:1 doge:hex ratio could signal which seems outrageous. But during a prolonged bear market. we can definitely witness a Doge at a Penny. And the premier store house of value reach a Dollar in the...
Solana appears to have slipped key support with the failure of this rising trendline of support with a descending triangle structure. Given the stage of the market I hope for some overperformance but the fib retracement levels are where the technical non-greedy places to take profit are. Linked idea is catastrophe planning for a bear market.
I only own #HEX
awesome. maybe time to rest?? but dips are aggressively bought and coins are exiting the market supply
Investors and traders are people with emotions, fears, and biases. To overcome the uncertainty of every aspect of daily life, they need things that give them a feeling of safety. Assigning a specific "label" to events, objects, or other people's behavior helps everyone categorize what happens around us to fit our mind schemes. When trading, often happens the...
LITEcoin is the right coin. (no maxi... reliable and cost-effective digital store of value) I try not to be emotional, but ya like old gf... litecoin is always there :)