Ethereum finally breaking out. Send alts to valhalla. BINANCE:ETHBTC BINANCE:ETHUSDT
The Fibonacci levels have been a wonderful tool in anticipating BTC pivotal points. If bullish which chart suggests it is. We will see a clean break from 100k and will act it as support to make the cycle top.
A fractal might come repeat itself. Technically, very very strong level we might touch again. Going below previous high at this stage could be create a cascade towards 10k-12k. Don't know what is gonna happen after that. Buy orders on fib extensions 0.5 downwards. Pray the Almighty.
Confluences: 1- D/W support level flip 2- Trendline support. 3- No free fall after NFP event.
Daily timeframe creating bearish pattern in BTC. Also, Eth creating a bearish pattern. Hate to be bearish but it is what it is.
Feels like a new buying opportunity for whales is incoming,