TOTAL3 looking short-term bearish. Possible Doom narrative to come for final shakeout before ALT season begins. My guess is that we will also see a correction is BTC and crowd sentiment drops but BTC.D rises. Then we get a higher high in BTC.D and BTC explodes higher (just as the crowd gives up on BTC). This BTC explosion will be followed Alt season number one....
Here is my theory and this chart is a perfect example. I believe that all the coins that have already hit their 702 retracement of their MARKET CAP are going to extend to their 4.23 EXT of their MARKET CAP. This is a price chart of GRT. Even if GRT extends to the 4.23 of its MC ($2.66), it will not reach a new ATH. So why is that - its due to inflation. Still,...
Fantastic narratives around NEAR and fantastic chart. Is it an AI coin - i guess so but I don't even know what that means. Anyway, it has high development activity (one of the few). In the chart - we've ABC'ed and found support at the .236 (beautiful). We continue up hard during the first alt season but be prepared for a daunting correction before we make a final...
History of TOTAL2 and BTC. Looks like short-term bullish trend on BTC.D to 55-56. May correlate with rise in BTC price followed by a retracement and ALT season. What do you guys think?
Looks like there is at least one more push up in BCH. Tons of confluence at 1050 USD. We had a massive triangle breakout followed by multiple ABCs. Also BCH/BTC looks fantastic. Will meet massive resistance at 1050. If we can get past 1050 and flip the resistance to support we could get out of control - but I wouldn't bet on it. Also take a look at BCHG - will...
Symmetrical Triangle Breakout on BTC with higher probability than break down. I see many people looking for 53-57K - it will be difficult to test those areas but its possible. Also the crowd is generally wrong. With the order blocks stacked around 60K it will be difficult to break that level. Crowd sentiment on the current stock market and BTC are short term...