Mmcrypto
Crypto Regulation & Retail Protection Continuing FarceWhile the Securities & Exchange Commission continues litigation against Ripple $XRP and Library $LBRY, retail gets REKT by "influencers" peddling their wares.
$VPAD & $KASTA were developed/introduced by some of the most well known YouTube & Crypto influencers in the market.
Each having dumped on the influencers' followers and the Crypto market.
18,800+ "cryptocurrencies" and climbing.
Regulatory agencies like the SEC & CFTC are way behind the power curve and will continue to fall behind the remainder of the year as the administration looks to have "policy recommendations" in 12-18 months.
BITCOIN TRAPThe video above shows a detailed explanation on what the BTC/USDT is up, we would have the pump to 43600 afterwards at which wew would fall from there straight down to 33k. If we get some reactions from 33k, we would have a double bottom but if it does not hold it which i expect it not to hold, we then head to 29k for the double top.
Bitcoin Critical TimeBitcoin has to stay in the falling wedge which it has successfully re-entered after a breakout to the downside and also the level of $41000 is a critical level to look out for, within a few days Bitcoin has to cross this level to nullify the effect of head and shoulder pattern which is formed in the las 6 months.
Also it is to be noted that when the last time Bitcoin formed a head and shoulder pattern( having a negative price target) a new high for Bitcoin was seen.
Insane Bar pattern Found. HUGE 911 look asap BITCOIN emergency Watch what MM crypto says. "Technical target of 20k for breakdown of "H&S"
www.youtube.com came out today as of 1/10/22
and what this guy says watch what he says about the h&s youtu.be
Im seeing a pump/bulltrap to 47-52k according to this bars pattern. At this point I would take profits and stay safe in USDT if you are in profits. If you are in losses, even at 47k + then i would consider cutting losses. (NOT FINANCIAL ADVICE) You do you, I'm simply giving you a heads-up that has a huge chance of playing out.
Don't forget, bitcoin for 2021 is in a rising pattern.
Stay Safe.
Dash Breakout Dash just broke from the Descending Triangle in which it was moving since May 2021 having two price targets :-
1.) 360 /TETHERUS
2.) 500 /TETHERUS
Also, it has broken from the rising wedge it created since the end of September having an immediate short-term price target of 275 /TETHERUS.
DEADLY Accurate levels from Monthly log. Spider LinesThis chart's support and resistance was inspired by Crypto Face's spider line drawing method, I took candles from the monthly time frame and toggled 'Log' and drew the lines all the way from the first BTC monthly candles. I took every Monthly candle and drew extended rays, first point coming from the top of the first candle low candle of each cycle, second point on the top of nearest ATH at the time. By rinsing and repeating this process through the whole duration of BTC's lows and few ATH candles, this chart was born. You can clearly see that price action reacts very strongly to these levels. You could solely rely on this chart, but it would be best to pair with other TA in my opinion. I have not tested this with other cryptos just yet but I plan to in the near future.