ChandruKumarR

ChandruKumarR

BTC Cycle Mid Tops are co-related with MVRV-Z Indicator and Fib level 0.618. Here I have marked all the Fib level 0.618 with MVRV mid top. Have a look how it aligns now? So BTC local top was 48K and started to retrace like all the previous cycles? If so, how low it can go? Or We still in bullish trend?

ChandruKumarR

RNDR breaks the uptrend and towards down now. Also MACD flips bullish to bearish in the next two candles and its been downtrend so far. But Ecomillionaire Trend looks bullish. So wait for confiramtion on Purple/bearish sign.

ChandruKumarR

RUNE has formed Head and Shoulders patterns which is usually the more sell orders. And it's below the neck line. EcomillionaireTrend also turns Grey. I would wait for purple/bearish to short. Keep also in mind that BTC.D is down which means BTC money flows to ALTs.

ChandruKumarR

ETH looks like broke down from the bull trendline. Its about to retest the line and break down further or break above the trend line again. Closely watching the trend.

ChandruKumarR

In the last cycle, BTC local top was at Fib 0.618. We haven't reached the 0.618 level yet. That's BTC 48K to 49K. Should we expect similar local top? Or these Fib levels doesn't matter at all

ChandruKumarR

KAS 6H trend has turned bearish. Probably wait to flip bullish back to gold to enter again. Note: 1D trend is still gold.

ChandruKumarR

BTC hasn't closed full candle above the resistance. Then the bullish scenario continues.

ChandruKumarR

BTC to retest 44.3K level and then boom to 48K or straight up to 48K or beyoooonnd 48K. What if 44.3K don't hold and comes down? Anything could happen next. With ETF approval hype, BTC can go beyond 48K. if it gets approved on 10th Jan. Can't predict anything. But we can react to the market.

ChandruKumarR

CHNG to retest that support and might continue the uptrend

ChandruKumarR

Azero broke out the downtrend and at support to retest.

ChandruKumarR

A candle close above the resistance can lead to 48K resistance.

ChandruKumarR

BTC forming the wedge. If breaks above the wedge and resistance, we would see 48K. Or if it breaks down, then 39K or 40K. Then more down I guess.

ChandruKumarR

Kaspa broke out of downtrend in 6H timeframe. Ecomillionaire trend is in Gray. Looking forward to trend change to Gold.

ChandruKumarR

BTC November Cycle - Bitcoin follows this November cycle theory. Green Indicates the accumulation year as bear market ends here and market starts to slowly rise up. Blue Indicates the pre bull/preparation year where cycle local top will be in June. July or August. Gold Indicates the peak bull run where BTC reaches its new ATH at the end of the year. And Red...