This setup support will be challenged by Ethereum and an infantery of alts hiding behind it. Let’s watch how BTC Dominance will interact with this crazy bunch... How many attempts before it drops below 65,4? And where will it drop to?
This makes me extremely bullish. And I don’t even like Ethereum. Eth is going to steal bitcoins halving show and make a mountain on the chart.
With confirmation if we close this week above the 100 wma!
Looking at the stochastic and the candle forming we might get a bullish close over the critical 1.11 level. Check out this market structure. Strong fundamentals is what I see...
ADA price wants to break resistance. Lets cheer for ADA!
If we get a strong bounce of the trend line next month, our target could be 134 B once more. But how likely is this bounce? Trend line looks slippery...
Last candle made me redraw this triangle. And the stachastic was not ready to drop yet. In these market conditions this is crypto showing muscles! Compared to the bollinger ma and closing rate this apex is too long. ADA should break out sooner.
Sunday’s close went lower than I forecasted, erasing the 12 countdown. We still had a reverse hammer though. Dominance is sloping down with the 200 wma. Let’s watch 65,5 level!
BTC Dominance about to go down significantly if we believe the TD and this weekly close. Note that the daily stochastic rsi on ALL crypto/usd pairs point to a global pullback. This next move down should tell us what alts to position in. Get your stable coins ready, guys and gals!! Look for value and don’t overdo it. But my instincts tell me the next TD 9 will be...
If price closes over 21.7€ in the following weeks, forget buying XPT at last weeks prices for a while (for ever?!). Anyone who believes this is not money from the GODS, try finding it and then buying it at a regular premium.
Lets zoom in and notice the 9 printed on the daily sequential a couple of days ago, hitting setup resistance but finding support on the 200 wma. Will we see a 1 to 4 correction going over the weekend into the 13 TD weekly countdown next week pushing back below an upcoming cross of the 50 and 200 wma? This could start an alt push, probably led by ETH. Short btc.d...
Is ETH setting up for a trend reversal and suiting up to crash bintcoin’s halving party?
Ascending triangle after capitulation (?) with price in apex meeting the bollinger ma. Bollinger is closing and ADA wants to pop or drop. Stochastic might have some push left so I am calling a pop against my instincts...
BTC dominance gaining from this cross seems logical but hell, why not call a rejection and an alt rally next week based on the weekly td 13 countdown. Can this be a fifty/fifty with the halving in sight but a low btc hashrate?
Papercrap selling + industrial crunch The GODS are setting up a merchants table for humans in difficult times. I have no idea what they'll be doing with this crappy fiat but I admit I couldn't care less!
This would be an elegant pullback for silver, don't you think?
BNB seems to get strength from his favorite trend line although last bounce was more of a stumble. What do you think about BNB's momentum? Time to double up or chicken out?