We provide a theory, we don't believe that this is the end of the cycle for altcoins. A correction will bring back an opportunity for altcoins.
After all the small investors new coming money, all this noice and the hyperextension The fib levels that should be looking for is 0.5 and 0.68, price etc does not matter at this point.
When rsi hits 28 we are getting ready for new leg up. The local support level is in place.
Sharing and waiting for your opinions and ideas about weekly and monthly trend on PAGXusdt pair.
A retracement is needed after this exhausting run, we may see lower price and test the previous levels.
We are on a path to 0.04$ or can it break the 📉 24h macd rsi and buy volume are on the downside.
The Fib levels I've been using from 10 Nov. 2022 till local top 8 Jan. 2024 and inverted H & S bullish from shoulders line up, bearish from neck line down.
Is golden cross gonna take place on DXY 200 ema? Short continuation for crypro..
After 15th of Dec Market players have to decide, alongside with any news and general market movement!!
Between uncertainty and waiting for a judgement, testing the local ascending channel!!
We have been riding an impulsive 5 count wave, and we needed some correction, its time to have a 5 step correction.
On daily timeframe , RSI hasn't take a rest below 45 level since 7 feb. MACD also need to touch baseline and dive below it. ETH's continuation in a paravolic correction that will last till Jun.
If we drop and pass through 105.8€, that is currently acting as a safe net, price could retest 98€ or even lower supports. ;) EMA indicating further drop, EMA 8 has passed EMA 50 days ago!!
After we 've formed a double top, we wait MACD cross south the baseline and continue to decline, EMA 8 cross EMA 50 and rsi decline also. That would signify a price fall incoming!!
After a long waiting period, we follow an uptrend channel, we entered when we hit 102.75 € and pass trough at 123.6 €, maybe its time for a short time pause and some price consolidation.. If you find it interesting, give it a like and follow my ideas!!
I have been following this trend weeks and months ago. The buy and sell targets are not new and still in play. If we pass through Buy target 6, we must continue a downtrend, if we brake out of Buy target 7, maybe the winter ends!!