Alpha-Bat

Alpha-Bat

We are looking at probably a repeat of the last head and shoulder with a twist, the pattern will be short term due to rising head and shoulder, market should resume higher during weekday bar any russian bad news

Alpha-Bat

as describe on the chart anywhere .74 provides a nice entry and patter would complete at around 1 before any retracement.

Alpha-Bat

arrow 2 is falling volume arrow 1: one of the play i think from the chart is indicating a bounce from support in the very short term the price should fall to either the second or third support line, but should bounce back up

Alpha-Bat

this is one way to play this coin the two horizontal lines are support and resistance that may form a channel if moving accordingly, as trading volume is strong we are looking at a downtrend that should end above the support, if otherwise ape will move down much further

Alpha-Bat

Btc narrowing and approaching breakout by next inflation data I am on the short side but remain crypto bull

Alpha-Bat

Seeing how the market is moving up at the glimpse of hope from Russia's invasion to retreating for a peace talk, we might be entering a shorter(than medium) play of a bearish crab pattern that will lead to a short term high following on a medium term drop. the world is still in putin's hand on energy with EU, with German chickens voicing out against EU members...

Alpha-Bat

russian invasion is going to be longer than expected but they are not going to stop anytime soon, commodity will rise affecting the inflation outlook further hampering the stimulus effort hence poor stock/crypto market as a result, negative money flow drives price down further when inflation data next month delivers a worse-than expected outlook due to current...