My opinion on SXP future price action. some horizontal move for accumulation phase expected for few days or weeks, then uptrend.
If t's right what 'they' bulls said about BTC will reach new ATH in 2022, then probably this is what will be played. If isn't, then it's the start of winter of crypto market. BUT, meta is still warm and hyped, mainstream adoption used by governance and society seems more close, and btc spot ETF perhaps will come out somewhere Q1 2022 will be catalyst to reach new...
t's time to correction to make another rally, AND/OR it's just distribution phase if #BTC $BTC can't hold above 50k.
Basically taproot date was the LPSY. I do hope this is just a spring
buy 7.1-7 or 6.8-6.6 SL: <6.5 Target: no target can fullfil our greed
I still bullish on BTC midterm, 100k$ btc still seems realistic. But technically, Bitocin "MAY" hit peak in this zone. ending it's bull run as it is in this year. or at least, diminishing growth. Because only good sentiment on the social media atm, perhaps it's truly the end, OR maybe we could see some legup until 16 November taproot, then redistribution phase...
expect huge pump on BitTorrent Chain launch news on 31 oct. Tron ecosystem coin rarely show huge price action in normal time ( TRX , BTT , WIN, SUN, etc), but when pump comes, it's always huge. And I think there's a lot late investor and hodler who bought from the last peak, so we can expect big target. Technically, we bounced back from lowest Bollinger...
If there's possibilities of BTC going bull run until 2022, there's possible to FIRO starting to moon based on historical pattern data. Fib trend based timezone used. once FIRO breakout this is gonna be huge. Firo lelentus update also not being played yet too, Not financial advice
Total altcoin market cap exclude BTC and ETH has broke 1.0 fib levels, BUT total crypto MCAP almost reach 1,0 fib levels when BTC was in ATH. There's data about there's less 'crypto tourist' atm but the mcap has reached previous resistance, which makes me wonder, does the altcoin legup still there? or the 'big player' has took profit and leaves us losses because...
it's just a speculation based from my previous study. Automatic rally after selling climax. SL accordingly
i applied fib timezone on: early accumulation phase to AR. taproot will be applied on November 2021, and what's interesting that there's a line on fibonacci timezone around november. I guess September-October could be reaccumulation/redistribution phase of btc. Perhaps it can be end of SOS (sign of strength) and continue to bull, OR bearish market correction for...
SL if it's close below support trendline the fib channel is made up
the pattern say's so, SL if drop below respected support trendline
SnD and fib channel used. The fundamentals good, the TA graph good. So i think it must be going well, perhaps. Or maybe it will just going to be another boring accumulation
CKB has done 29 days of downtrend since last support break in 38 sats, if it's hold 26 sats support, likely to bounce to 31-33 sats zone, then it's likely to reach 40 zone sats if whales start to accumulating. I don't think it's redistribution phase since it's down very much since last bull months. SL if it's close below 25 sats. USDT pair buy setup on link below...