we got a negative cross on hourly ichimoku. 30min wt has a trigger wave. its ending diagonal. in ideal world we go down more but probably wont happen. 535 zigzag.
id say its a short term top but thats eth. +lines
#coinstostake #thatsmycoin #lookatthatdailycandle
so we didnt see the blue fib (a to b extension) but we did bounce from the green(minor 1 to 2 extension) as you see. currently trying daily ema 50 but considering the resistence, rsi divergence and we need to make a b wave down, i dont think this is a place to long rn. we might be going through a zig zag 5 3 5 to see a deeper correction down to 35 k as a result...
we're under some voodoo rubbish magic but we should be fine 335 irregular flat is blue fib this is a legitimate ending diagonal so its target is a little more below but i heard btc doesnt like diagonals volume profile checks out with these levels halving was in may so we have approximately 5 months more before this bullrun ends check the red line michael saylor...
lowkey bearish on lower timeframes maybe, red line needs to be crossed