Bullish Rounding Top incl. breaks to the upside versus downside.
- The upside move target nicely correlates with the previous bull market cycles where Bitcoin reaches 0.618 FIB level
- The downside move target will get us to the multi-year trendline from which we can potentially find a bounce towards the upside
I see lots of comments and conversations on social medial like Twitter and Youtube about selling GFAL now and buying back later for cheaper price. hm...🤔
In my opinion bottom is in on Polkacity.
The worst case scenario would be a double bottom. However, nothing is certain in the markets.
From probalistic perspective this time is the best for buy and hold.
Not FA, DYOR.
Polkacity was recently brewing a textbook wyckoff accumulation pattern.
Additionally, Polkacity team announced a token burn from BSC-ETH Bridge Wallet today (27.07.2023).
Let's see how this plays out.
Not FA, DYOR
Kaspa is currently following Bump and Run reversal pattern.
Pattern usually forms after excessive speculation that drives prices up too far, too fast.
Otherwise, one of the top projects!
Not FA,DYOR
Polkacity project have seen lot of downside since 12/2021 as all small cap gaming projects.
Recently the project got 7 figure funding from a VC firm, assuming the bigger plan will follow.
The current 1M$ market cap with ca. 300,000$ daily trading volume is already unusual for such a micro cap project.
Will it be a 1 Billion market cap project in the bull...
#Bitcoin struggles to get direction. The strong rejection from the price target of the symmetrical triangle confirms strong bearish pressure. The most important are of #BTC to confirm mid-term trend - see in the chart.
