btc is coming to a major pivotal move either up or down
this is the same pic but zoomed in - strong resistances at 29,750 30,900 32,900
look at where btc is getting squeezed in! if btc happens to break up, it is going to be a major pivotal point i suspect. and if it breaks down i see it coming down to 23-24k and then see what happens
take a look at AVAX RSI on the weekly. looks like a clean breakout with a re-test so far as support. i think with all the bearish calls and all the "we are definatly going into a recession" calls i honestly believe the bottom is in, but dont see new ATH any time soon. i believe we will just range in the HKEX:18 - HKEX:40 area for awhile with everything...
Bitcoins Monthly RSI..... looks beautiful :) but who knows
just what im looking for on Bitcoin's Mac D on the daily
USDT.D. playing out pretty good right now, got the bounce we were looking for along with the rejection so far with STO RSI being overbought. looking for continuation to the downside....
just keeping my eye on USDT dominance..................
the DXY is showing bearish div on the weekly and monthly timeframes at a point where major resistance is. will this be the top for DXY so other "risk" assets can start bouncing back? or do we just see the DXY keep climbing due to uncertainties and troubling times and will the markets just keep falling?
unfortunately it looks like BTC still has a little lower to go. i am looking for BTC to bounce here, see if it breaks around 37200, if it does it then has a major resistance at 38.5-40k. Overall i see BTC coming down to test the 30300 to 31k area and then we will have to see what everything goes on with the XRP case, FED talks, Bidens crypto report, and all the...
this is BTC monthly RSI, almost at the bottom of the trend line, we break that then ill go bearish
ETH to BTC is just about to finish its retest of the breakout, now we will see if ETH will rip again and outperform BTC like it has been doing, or do we go into a bear market and BTC outperforms as they both fall....
i think this chart will show how BTC will outperform ETH in the coming days/weeks, will come back down to retest the top of the breakout and then we will see what happens
still looks like BTC is on its trend line and still looks like it will be ok but we DO NOT want to daily close a candle below 39k let alone 37200!
AVAX has always been one of my favorites, looks like it's about to show another reason why...
ETH looks good right now, if the market were to turn bullish i see it outperforming BTC also
ETH looks good right now, if the market were to turn bullish i see it outperforming BTC also
we do not want bitcoin to start closing candles below 46k-45300 ... potential short squeeze coming?