Flyingblackcat

Flyingblackcat

Let's see if that holds or not but I don't think it's gonna work and indicator shows weakness

Flyingblackcat

as long as we are above green areas we are going up

Flyingblackcat

Even though we witnessed the bear market we didn't witness BTC taking over market like the others bear markets but to keep in mind there are so many remarkable events on eth which determines BTC dominance. Breaking out 39 will lead to mega rallies while breaking out 49 % will lead to extreme bear market and beginning of next bull season which is %90 possible when...

Flyingblackcat

We've just hit strong support level and stochastic RSI is about to give buy signal which works most of the time as you can see

Flyingblackcat

Looks like dxy lost its momentum, can't do higher highs any more and wants to retest monthly support area (105.00). If we lose the grey area then we're going down to 105 to retest monthly support otherwise we're going up to 115 but there's no strong breakout which can claim that area.

Flyingblackcat

We're in bull market again if we can make higher high and break that downtrending line otherwise we will keep going down. In my opinion we will see ranging market for a month then go down but let's see

Flyingblackcat

Three things to keep in mind : We're retesting broken support , we almost hit strong level in BTC dominance and we have to break ribbons because as you can see it works fantasticly

Flyingblackcat

We might see short liquidation to 22.000 depending on dxy.

Flyingblackcat

We will see the last correction on the grey area then we are going down to 0.95 Invalid if we break the green area

Flyingblackcat

We can't go long on spx unless we break that blue area.

Flyingblackcat

Which one is going to happen? Do you think that it will retest 58.00 area or mega rally will happen ?

Flyingblackcat

We are high likely going to test the yellow zone as long as we are not above the white zone. We need to break that white zone if we want to see upside movement. If the yellow are is broken then we are bearish.

Flyingblackcat

-Decreasing volume -Overbought rsi -Bearish pennant -So many people fomod'in and thinking that bear season is over