Looking similar to 2017 but BTC.D looks much more bearish.
Still very neutral patterns at the moment, could face a rejection and go for major dump but it is impressive how price is consolidating. It looks more like a bottom pattern than the 2018 consolidation pain before dump. Will see.
Expecting some minor DOGE recovery before further bleeding to the downside
Looking at more downside before new pumps, BTC is looking semi bullish so it might take the attention from alts for a bit unless it collapses.
Interesting RSI and channels dont last forever. Two ideas for scenarios. BTC is looking somewhat strong but is really in the end of a distribution. Could break up could break down.
Macro view with maximum realism. Late to the party type of thing.
Watching this fractal. Looks like the chart being printed is a macro wyckoff distribution.
So as sanctions etc. will probably shock the market, once can hope for a COVID style crash followed by a new bitcoin pump as sanctions may give motivation to prop up crypto prices, as they are tools likely used by certain entities to bypass such.
Getting ready for a nice dip where BTC can be scooped up 10k a piece to hold for 2026 for a projected 250k.
DOGEs weakness is materializing. Risk reward trades in this area favor shorts whenever RSI or MACD decreases as we can expect price to further decrease. We are getting closer and closer to a capitulation crash of 50-70%.
Might be one of the biggest short opportunities since back in the day. Barry Silbert is playing DOGE the way he did BTC in 2018.
The future of france is looking oddly similar to other charts seen in 2017. Getting trapped under a MA that can last for years.
Considering that ETH is an altcoin and maybe the most overvalued of all assets (with NFTs, staking scams and other money vacuum-cleaners tied to it), it will suffer the most in a huge crash. Remember 2018 when Katy Perry painted her nails with altcoins as the market was nuking? Well, this year we got a super bowl commercial as a top signal. I would argue that this...
Here is some history on prospective bubble stocks with no real usecase being broadcasted on Super Bowl: en.wikipedia.org It is now soon time for a massive shave off the market as one of the most iconic bear market confirmation signals have been made. DOGE did not even see a substantial pump which also displays how weak the altcoin market is exponentially getting...
Question: Will risk-on assets be prioritized during a fear of WW3? Would it hypothetically invite hordes of new money? Cyber crime targeting banks and the financial markets are also increasing. I think this is a macro top for the time being. Alts have shaved about the same percentage amount as the confirmation of the 2017 macro top. Gonna look to buy during the...
Not financial advice. DOGE is about to suck in its last buyers before dumping hard. If resistances are broken to the upside, or a very compelling bullish pattern is printed, I will flip bullish . The way the market stands now, it looks extremely bearish and ready to continue bearish consolidation before going further down.
No bullish development, and the major bear trend is still dominating DOGEs entire price action. Would flip bullish if we are to go above resistances, but seems very dark.
Not financial advice: DOGE is trapped under a plethora of strong resistances that never really served as solid support. In addition, it keeps being rejected by the 20DMA (Orange middle band in Bollinger channel). Many analysts would tell you that it is going to break out of this structure and pump to the upside. Unfortunately, this huge descending triangle is a...