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╭⊱zCrypto Trading⊱╮

Question: can this chart resistance level of 57K-59K , price can be rejected down, not going into 60Ks?

Yes, thats the market , we can say that rejection area starting point from 57K and market can do a sell off by makers from any un-known exact price number between 57k to 60K+,

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╭⊱zCrypto Trading⊱╮

This is almost the same chart of #BTC, where target of first fall was given 49300 and it hit 49K & on some exchanges to the exact 49300 and then a bounce upward, which is in progress, now in this chart, the bounce resistance is around 57k-59K ; the 2 red lines , but seeing on grinding price actions and date till 9th/10th/11th of August, it can hit on higher side of 59k to 60k+ to 62k levels, so amended it in new chart and target is almost the same highlighted in both charts. Lets see how this projection will be worked out, if there is any change then it will be updated accordingly as market is the name of changing constant.

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╭⊱zCrypto Trading⊱╮

Bottoming timelines / Dates:

1) 19th of August to 21st august after aspect of Jupiter & saturn
OR
2) Mercury Retrograde ending on 28th of August
OR
2) Mercury postquel RET ending on 11th of september

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╭⊱zCrypto Trading⊱╮

saturn and jupiter aspect on 19th of august so it seems bottom of #BTC between 19th to 21st /22nd of august would be in place

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╭⊱zCrypto Trading⊱╮

still 58K is not out of picture yet , current price is turning RED again and can go down upto 53k/54k , this is now sideways action , range bound to decide further.

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╭⊱zCrypto Trading⊱╮

#BTC can surge upward to 57k-58K and thats the tricky part here , it can be converted to RUN upward again, technically so need to see how price reacts here

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╭⊱zCrypto Trading⊱╮

46800 is likely on the cards on next leg down. Lets see

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╭⊱zCrypto Trading⊱╮

zone 1 = break
zone 2= break
zone 3= holding
if zone 3 breaks then BTC is heading much lower , either a retest to zone=2 to zone=1 today date is 5th of August 2024, still in prequel Ret period. Tomorrow is 6th of August. This is very fast price action happening .

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╭⊱zCrypto Trading⊱╮

61200 and dropped accordingly and to the red dotted line zone.....

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╭⊱zCrypto Trading⊱╮

Pre & Post Retrograde periods normally of 10 to 14 days based on degrees , Mercury Retrograde ending on 28th of August and POST RET period will start , in which slow grinding moves downward/upward to stabilized #BTC where the bottom of same will be located. Cheers & Enjoy

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╭⊱zCrypto Trading⊱╮

#BTC exactly fall as projected in chart to 60800 region, on some exchanges 60600 now the tricky upward move , 61200 to come then its very tricky , either drop or can rally upto 62100 , as you can see in chart, it is going up to 65k/66k , that can come also with lower chance / probability for same so we have 3 rejection points of #BTC now to go further down into the 2 red dotted lines area56k/57k region

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╭⊱zCrypto Trading⊱╮

#BTC==>this is a tentative projection, we shall go step by step, 1st: A pull back can happen to 65k/66k level

2nd: price can test 60k and lower in range of 55k to 59K

3rd: in case of break of previous low , it can also test 50k+ or below 50K

so above are our 3 zones assumptions, also highlighted by lines, gray box, purple box as support areas. We will check price with respect to our calculated dates and may be closer enough to find the reversal point accordingly; based on calculated dates & price movement.

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╭⊱zCrypto Trading⊱╮

From 29th of August 2024 to approx. 11/12 September is postquel Mercury RET. that would be called as stabilizing /bottoming period as per astrology #zCrypto
Giving you dates so be patient and enjoy.

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╭⊱zCrypto Trading⊱╮

Releief rally upto 65500 approx. and drop continue

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╭⊱zCrypto Trading⊱╮

Though #BTC was unable to go above 70K+ mark and retraced down to approx. 62271. which is approx. 8k correction. The next likely target is 60800 region. Lets see

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╭⊱zCrypto Trading⊱╮

Question: What will cause the trend change on Technical grounds during the above projection?

If #BTC price manages to stay above 62k/63k, then we can say there are chances of reversal might be created. Then need to carefully re-evaluate the whole setup, timelines and need to avoid any trap.

(Pls note that i already projected that price likely to move upto the 60k+ region) , which is still far away)

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╭⊱zCrypto Trading⊱╮

if there is any change in trend & analysis on TA grounds then it will be posted in channel till then as per mentioned dates , need to see price action of #BTC. I shall share update once #BTC reaches till 59K to 61k/62k region.

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╭⊱zCrypto Trading⊱╮

#BTC Update: Projection of #BTC based on coming #astrology aspects and situation getting worst after 10th of August 2024 till the end of August;
#BTC can make a rally to 59500 to 61500/62K region , as per #zCrypto calculation to turn market sentiments on to shout for a BUY BUY. This can happen till the 10th of August / 11th of August but after wards, aspects are not good enough to hold the Price so price should tank down to lower side below 45K to 40k Region , based on various worst aspects happening in between.
Now the buying region starting marked at 38500 on chart till 31900, so price in this region will be a buy & HODL for next BULL /Upside rally to come after wards.

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╭⊱zCrypto Trading⊱╮

57K+ and slowly in rising channel moving upward with up / down moves..... not good price action

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╭⊱zCrypto Trading⊱╮

#BTC bounced upward as per the chart upto 56250. our range is around 55k to 58K, where 58K would be the trickiest part in the bounce. Still a good bounce from 49k to 56k, that is 7k bounce

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╭⊱zCrypto Trading⊱╮

zone 3 holding and pump upside as per chart, tricky move here, either going to trap remaining ones or break out technically, rally's high expected around 55k to 57k

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╭⊱zCrypto Trading⊱╮

Currently price is testing zone=2 that is around 52k=55k range, This is going to be extremely tricky as official retrogradation will start tomorrow. Lets see

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╭⊱zCrypto Trading⊱╮

BRUTAL Drop, but #zCrypto warned you way in advance with dates to remain safe.

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╭⊱zCrypto Trading⊱╮

so when the time will come ,and at that time where the price of #BTC, it would be helpful with the confluence of TA, Fundamental and #astrology to locate the bottom so the above projection in chart may fully hit or it can reverse from 52k or 55k , it all depends on that particular day to see everything in sync and then move forward to buy in with #BTC and Alts. for now its totally useless to shout for BUY

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╭⊱zCrypto Trading⊱╮

#astrology
does astrology really works with financial markets?
Mercury Retrograde date is 6th of August but many dont know that there is a period of PRE RET & Post RET , which also effects so given dates of local Top between 29 to 1st of August in Pre Retrograde period.

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╭⊱zCrypto Trading⊱╮

people were telling that bottom is in at 62k...while #zCrypto projection to next lower target has hit and #BTC price dropped to 60505.

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╭⊱zCrypto Trading⊱╮

that will cofluence the dates of venus transit to major place to kick start the upward movement

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╭⊱zCrypto Trading⊱╮

I shall post about when to get in.

#Non-sense-on-X

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╭⊱zCrypto Trading⊱╮

currently a relief rally upto 66K to 66600 is expected

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╭⊱zCrypto Trading⊱╮

#BTC under pressure , date 1st of August 2024

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