Learned about IPDA recently and I think it's pretty interesting and makes a lot of sense. Interbank price delivery algorithm is what it stands for and it's not my idea but someone recommended it to me and I did my research. It only further confirms what I already suspected, we've entered an accumulation zone and the fear and manipulation is real lol. Don't let...
Feels like a bear trap, weird pattern repeating? I think so and if Mama BTC goes up then alt season will blow our minds
Eth has fallen into major support and almost into the golden pocket of the current trends fibonacci. It may take a week or 3 but I think this is the bounce zone. There may be a wick or two lower but fear is so high (15 currently) I don't think we will spend too much longer here. Maybe I'm a stupid contrarian or maybe we're establishing higher lows before the...
Look back at the history of the pair and you see that .08 is major resistance that has acted as a rejection zone multiple times. Now that eth wallets are at an all time high, BTC dominance is falling and technically ETH/BTC is in an uptrend since Sept. of 2019. If you're like me and you believe in lengthening cycles and that the bull market is still on then this...
We had 6 touches at 40k in 2021 that either acted as resistance and support. Most recently as support in Oct. 2021. I think we're revisiting this area of support and preparing to blast off to new all time highs. The VPVR shows significant buyer support all throughout the 30-40k range. This makes me very skeptical that BTC can go to 20k in this downturn. I...