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Crashing structure between Bitcoin 2019 and Bitcoin Cash (BCH) looks nearly identical. Will see what happens from here, but i am 90% shore we will see a breakout from here in the next week/weeks. I am not a financial advisor so non of this should be taken as a financial advise. Be well.
Like majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time. If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can...
With the recent capitulation eth has not set a new major local low like BTC did. Chart is behaving oddly similar to what btc correction looked like in July 2017. Back then we made a new ATH, then had an initial 50% correction (like we did in May - July 2021) then going back up, barely setting a new highs (green marks) before going into a second capitulation, that...
It is nothing better to see than a bigger market cap coin going parabolic and therefore becoming a leader amongst altcoins. Zilliqa chart is looking extremely similar than a lots of alts, one of them is DASH. I've copied / pasted and properly adjusted ZIL chart to the DASH so that all the dips are in the same timeframe. You can now see how similar charts are....
The geopolitical event has helped gold to set a new all time high (what would probably happen anyways at some point). Right now people are very scared, and are fomo buying commodities like metals, oil, gas futures, and so on... right at their all time highs. Think about it... they make retail investors sell equities at their local bottoms to FOMO buy commodities...
I've noticed that with the recent BTC price pop, it has formed simmilar pattern as it did when btc was topping on a larger timeframe. Patterns look identical more or less, and is a blueprint for me to say that we could have another small pullback that could even take us a bit lower but not by much. 29k technically will hold as most of the shorts that were opened...
👉Hindcopper is making same patterns again and again. 👉Flag is broken now wait for the retest to get positions. 👉 Market view- Bullish. 👀Keep an eye👀 Overview ✔️ Technicals ✔️ Financials ✔️ Volume ✔️ Fundamentals ✔️ 👆Follow for more alerts👆 😊Happy Trading 😊 Note:Patience is a key to success. Disclaimer: This is my personal analysis for educational...