There are about 3 parallel channels we can find on this chart from log, to auto and even a much larger channel from decades past that all line up to today. I am using this channel as my first line of Resistance. Rejecting this channel on the multi year time frame. Bearish divergence on the weekly / monthly TF. RSI & MACD have rejected the MA after a...
Although we do not have many CRYPTOCAP:BTC bear markets to backtest, we do have 2 that we can review. If we are following the 4 year cycle like many have referenced, then here is what you can expect for the rest of this year. When we get 300ish days out from the halving, we always see CRYPTOCAP:BTC decline quickly by 50ish % or or decline for months going...
Matic ranges here before either a break out or break down. Look at what happens at this pink line anytime we break below... We usually test resistance once before the bear flag breaks down or support before breaking out. This is likely headed down when you correlate it to RSI/AO/MACD and etc Two ways to enter. When macd is about to cross (on 4H), AO is red...
i shorted this from the top. Held onto some shorts too long and could of made more profit, but did great. These targets below are where you can swing long.. take profits quick.. max 2x leverage is being used on my end. it allows larger stops.
We rallied hard to 31k. We got stopped in our tracks and now we are having lower highs and lower lows. Overall this is the chart i am watching. Looks like we have a channel its honoring, we deviate above, come back in and deviate below. Next step looks like we could easily deviate below. We break 26k area and 23k area is next.. after that you can see what areas...
This is a swing trade. You will get a bounce of these levels , unless volatility disappears. Otherwise, i expect to buy long term holds later this year or start of 24. I will time it with the stock market bottoming out. For DCA I want to buy rose at .02 and lower (100m mc).. From that to a 5bn mc its a 50x and from 50m its a 100x. Liquidity in alts is at all...