I still prefer to follow plan B's halving mechanism considered cycles, since the mechanism is legit and still working there. I updated my existing graph based on the current market, expectations, fears, and future.
BTC Bear Flag is Failing...? Check RSI breakout testing long resistance. MACD is looking for a cross and has space for struggle. price is fighting to stay above $38 sup. institutions are looking for a way to get in. governments are fucking the whole system.
#ZincirGezenDAO I've been hacking on usable blockchain projects for real adoption. Trying to find the proper network to use among friends. TBH Zil is one that literally has the possibility. It is scalable, cheap, green. I believe this is just a possible price potential explanation, even though I can take profits if it works out, I will essentially keep ZIL to use...
You can check average Coinbase Listing Effect analysis from link below. I believe this is not priced in yet. I know CEO spoke about their full doc application. So here is my price prediction that will hopefully win %91 or even more. I am allocating $100 for this bet. Afterwards I am planing to sell $100 worth, and keep remaining for eternity. edit for visual pleasure.
This is how I expect BTC to move until 14th of Feb, which is my birthday (world around the sun, yaay! / valentinas day, boo / lupercalia, haa?). Let's see whether stock2flow model and cycles model will be a gift for my birthday, or not (: In any case, for friends who came here, please read about #blockchain as technology to prepare yourself for next ...
BTC is ranging, this can extend even further. I'm just assuming it will retest 42k to decide which way to go. This whole range is great for Grid Trade, area is 34.5k - 43.4k.
As you can see from graph 48k - 32k is BUY opportunity. In past many pullbacks during bull run happened around %33 and 2 weeks long, BTC did %20 within 3 days, so we got more time to stay calm and wait for better buy opportunity. I will be watching for 64k until the end of March.
This is what I will watch until March. Sup and Res are already obvious. Name it consolidation, or anything else. Nice opportunity for area trading, great opportunity if falls more.