Based on the TD count and 60-day cycles, we can effectively identify tops and bottoms in the market. Currently, we are in the second half of a 60-day cycle, with the potential for another 3-5 days of upward price action before we see a rollover into the early January cycle low. Stay cautious and monitor the price action closely as we approach this key turning point.
With BTC now in the window of a 60 day cycle low and election approaching that are my levels i am focused on for now. If now hold 68k i tend to 62/63k for now. Great place to position for all what is about to come. Real party probably in december. If we get any sort of liquidation candle buy it.
CRYPTOCAP:BTC Weekly view. Light blue again. First sign of strength after 6 months of exhaustion. Bulls want to speed it up here to turn breath fully positive again. RSI holding above mid is good. Soon october 23 vibes.
Taking a closer look at the INJ/BTC chart, it's one of the few coins holding above its previous cycle high while maintaining a strong wave structure. Market breadth and RSI are carving out a solid bottom, signaling potential strength. In my view, among mid-cap coins, INJ stands out as one with the highest upside potential for the future.
Every market moves in waves, and decoding these patterns can provide a significant trading edge. Using my custom indicators, I analyze market breadth to determine whether a move shows true strength and can be trusted. Currently, the candles are printing dark grey, signaling a lack of conviction. As such, I’m holding off until we see a break above 62.5 with...