Man you act like you got your first big profit and don't know how to handle emotions.
Читать полностью…V shape, consolidation range or not (this could mean a LL). Then break 100k, meanwhile pamp the F ALTs xD
Читать полностью…Binance launching BFUSD, promising APY 'will never go below zero'
Binance: $94698.10 ℹ️
Vol: 44,202 BTC | 4,276,725,923.68 USDT
Low: 94400.00 | High: 98871.80
24h change: -1.701% ▼
70.6% is an algo fib, so it tamed the price, but it seems under consolidation (some correction) before it resumes trend up again! Then it's a hold for 2$ before a solid correction if doesn't get through. That will depend of the market/bitcoin.
Читать полностью…Plus, 1h and 4h charts aren't that rock solid while BTC is on the line! So it will follow BTC, if reverses up here, all fine, if not, then ADA should go down as the others.
Читать полностью…I don't know which pattern ADA is following if any of this, better pay attention to Bitcoin and #TOTAL2 (ALTs index).
Читать полностью…This is 23.6% a stupid solid resistance! A rejection at first poke wouldn't surprise me at all, or go through and find support above (bullish behavior). In this case it will make a new ATH.
Читать полностью…Reaction on previous high ✅
PS: Bitcoin doesn't have a breakdown on RSI, making this PA a potential bearish trap.
Another thing is that there's also more potential down (if it isn't a bearish trap / fakeout - price already broke down the channel / rising wedge).
- Daily OB hasn't been retested in that case and would hold the price at 90k - 87k.
One solid scenario going down is further consolidation on the 88k - 99k range, that's the more likely scenario - it consolidates under a bullish pattern giving ALTs a relief to pump until it's Bitcoin time to break up again!
For the time being, this will work 💪
#BTC
This already doesn't look like a descending channel / bull flag, but it should be going to retest previous high and luckily reverse there.
Otherwise, dropping that 93k area, it's going to 88k or below.
Those fibs are from ATL to ATH, take this ones....
It should reverse trend up before or at .89$
If doesn't obey to that OB blue box, then it could print a bull flag, but will put it in danger...
Читать полностью…I said this algo fib would tame the uptrend, it gave a lot of dip buys, but no solid correction, so it was worth being in... But don't ignore the fib above!
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