CHRIS_Crypt

CHRIS_Crypt

with history analysis on 2018 halving event. We can see BTC hard dump -70% from 20k to 6k. and then a dead cat bounce and go to recent ATL at 3222 which is ~80% Now we go back to previous data. looking at the weekly bear flag model, the stop should be located at ~13k which is 80% off at ATH 69k(Red Price Range). with considering day chart, it also shows that the...

CHRIS_Crypt Updated 

Recently, all the previous trend was exploded like Defi, Gamefi. So based on the GMT, I would say it is one of the ponzi scheme that you are not going to recover your loss by P2E. I would say this Move to Earn Business Model is over and we can see a massive dump will be seen and sent those coin to the hell. Position: Short at 2.06 CL: 2.35 TP: 1. 1.18 2. ...

CHRIS_Crypt

Since the range has been breakdown. bear flag has completed the flag movement. The whole crypto market shall strictly to hell with next support at 19k-20k with mining cost support and the 2018 ATH as the support. I am not recommending on opening any position except opening a long or sport order on 20k range once it starts a strong bouncing.

CHRIS_Crypt Updated 

In previous trade, I am pretty confirmed right now is that this range will be our bear flag range. so BTC shall be P&D inside this range until a breakout we can see. If you are looking for short, I would recommend you to put a short position in on the top of this range which is around 30.8k with 31.7k as CL. If you are looking for long, I'd prefer you to long...

CHRIS_Crypt

BTC has tried break down the range but failed. and we can see a accumulation in previous weekend in green zone. the big fat green candle is going to reach the range top. this massive buying power showed that we almost confirm the 2022 ATL has been reached. To confirm the end of the bear-run, we shall see it breakout the range at 30.8k and reach high as...

CHRIS_Crypt Updated 

So we can see BTC has broken out the VCP in previous day but it rapidly recovered and back to the VCP and the BEAR Flag Range. In Short to Mid Term, I am definitely sure that BTC shall break out the VCP reaching higher. I am not 100% ensure the Bear Market is over since the Bear Flag is still valid right now. BUT, it is a good chance to open a long position...

CHRIS_Crypt Updated 

As mentioned in previous idea that we are hoping a strong bounce will be formed in 26K and back to 32k or even higher. But since the last trend has been rejected. So we can consider the large timeframe of Bear Flag is still valid that a 2nd round dumping will start soon. As we can see the BTC has break the trendline and try to reach but failed. we can see if BTC...

CHRIS_Crypt

Actually, ENS has better performance as comparing with BTC that it formed a new range of Bear Flag. But since BTC is still working in the bear range, so I am not sure that ENS will be the only one survive or not. Will see. But Web3.0 application shall be the trend of cryptocurrency in the future and there is no doubt. So, I will keep an eye on this coin if the...

CHRIS_Crypt

So currently BTC is moving as a accumulation period with increasing buying pressure. and we can see the breakout shall be formed in the future. But based on the bear flag in Day Chart, I am still not looking positive on this trend. So here is my thought, BTC shall breakout soon and reach 31.7k / 32.2k as the bear flag high and then drop back into the...

CHRIS_Crypt Updated 

So we can see BTC has closely reached the previous Fib at 1.618 25.7k and make a reversal on it. With considering the End of the Terra and "Done" Kwon, we shall see a slightly recovery on BTC and alts. so I may target the 34.3K range would be a resistance area that BTC may drop back, if it breakthrough, We may consider the Yearly low was formed in...

CHRIS_Crypt Updated 

Since Luna has built a domino effect with UST causing a massive dump and reached 12.63 which is way over my expectation in previous idea in private (24$). We shall see the next reasonable support would be 11.65, 8.44, 3.91 & 2.63 I would recommend to wait until the bottom has formed and bounced to get in during the halfway of pump. Not suggest to open short or...

CHRIS_Crypt Updated 

Currently BTC supported at 30k. but we can see it is forming Bear Flag in 1Hr Chart. we can see another round of dropping in the future. but recently we can see the BTC is moving in range between 32.5k - 30k. Once It break out 33.6k we shall see a long term reversal from the bottom. Position: Short at 32.1K CL: 33.6K TP: 1. 30K 2. 28K 3. 26K We may see it drop...

CHRIS_Crypt

Currently, BTC has bounced due to the FOMC. but the BTC trend moving is still following bear flag phase3. We can see BTC may bounced due to the news up to 42.8K / 41.2K But the trend is still moving down as it planed unless the BTC bouncing back to the range but I think it is hard to see. and based on the history, everytime ETC bouncing rapidly. the crypto...