Expecting daily bearish dragon to lead total 3 to 1.618 fibs , which is a level from weekly pizza pattern.
Total 3 bottom will be decided by a pizza formation. Expected bottom will be around Sept-Dec 2023
Bitcoin macro bottom may be decided by a macro pizza on RSI indicator. In my humble opinion for the pizza to work out in the greatest way, BTC should go lower on price but not making new lows on RSI ,thus bullish divergence of a strong variety will occur. Non financial advises just educational stuff :).
Currently BTC is looking neutral , following confirmations will give more info
Bit seems like wants to repeat the pattern which it did last 3 times , with breaking the raising support line. On Average after we break this key area , we got a 25-30% move to the downside. From moving average perspective BIT was rejected by EMA 55 once again. On the daily RSI we can see that Hidden Bearish Diverge is forming once again. On the daily MACD we can...
The Bitcoin Dominance looks like it wants to make a local low here , compared to the previous one it would be a Higher low and potential massive reversal to the upside can happen from this point. 1st Scenario (higher probability) BTC.D will break above 43,40% and thus confirm the higher low , which will lead to Altcoins bleeding versus their bitcoin pairing as up...
The Bitcoin Dominance hit the weekly support from the rising uptrend. For the 1st scenario a reversal is going on right now. (higher probability) For the 2nd scenario , a break to the downside will led to a massive Alt-season. (Lower probability) P.S. I would like to hear your toughs in the comments below, Thanks.
We may see a retest of ema 50 support shortly with possible entry's ahead of us. Testing the 950 resistance again and breaking it is inevitable. #BULLISH Trade safe.
$DGB moving in this pattern for 100 days now, resistance and supports have been hit on different occasions, price have been consolidated many times. It's gonna be sooner rather than later that we'r gonna see a possible move to the upside areas of 280-340 sats. I Remain #BULLISH Be safe, trade safe and use a stop loss.
Tron has done a Cup and Handle pattern recently, still low on volume tho. Are we about to explode ? Who feels Long on tron? TP1 240 TP2 273 TP3 311 SL 165
$Aion breakout is confirmed today , are we heading to 50%/100%? First target ahead 1569 sats , if resistance become support at this zone, we'r heading to 2k sats. SL if it breaks Support 1 @ 1040. Trade safe, Stay safe.
Basic overview on SONM project, is $SNM ready to move up? SL if it breaks kumo cloud (90 sats with confirmation) Your comments are always appreciated. Trade safe, Stay safe.
We'r moving good into the cloud zone, on the move to breaking the flag pattern. Short-term accumulate zone ahead 215-225. SL if it breaks down and confirm (no signs of it).