👩💻 #REVIEW BITCOIN
I wasted my day analyzing the market hard 😑 Now here are main thoughts.
First of all, red Fibo retracement is key. If #BTC price ever trades below 0.382 level which is around $59700, this correction becomes a legit downward movement. This is super bad for bulls and basically delays bull market for months!
Thus, I don't think that with halving in a month anyone would like to dump there! This $60k area becomes the ultimate support and a great buy zone. Also note how #BTC bounced off 0.5 Fibo level, this indicates its importance!
Gameplan is simple: #BTC forms lower range at $60k - $65k, or #BTC comes back inside blue range. So best buys are $60k and acceptance above $65k! Never short this market, as we are still in big bull market!
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The price is above crucial support right now, blue zone is for buying!
#BTC has visited the lower bound of the range! Note that wicks below the blue zone are fine, especially during weekends!
Читать полностью…As I said yesterday, range may be wider! Now it's quite obvious that our range is bounded by blue resistance level and 0.5 Fibo.
The reaction after the dump was impressive, quick jump back to $70k means that there are plenty of buy pressure here! All in all, I believe this accumulation is the last chance to buy #BTC below $70k!
Now the things get ugly. #BTC made a quite remarkable red candle, the price is below the crucial blue level.
Thinking short-term this is quite bad, as alts got hit and most likely the dump will continue. However, in long-term this correction is a healing one! Sideliners have more time to enter #BTC "cheap" and the bull run itself will be longer than without this correction!
Ultimate buy levels are at $60k - $61k 👌
Remember that while #BTC is above blue level, bulls are fine! Only a convincing close below would invalidate the buys.
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#FIL is on the verge of breakout! The price is ready to leave bullish pennant and make new highs!
I am buying here and adding in the blue zone!
Zooming in, even 1h candle closed way above crucial blue zone. I think #BTC bulls are fine!
Читать полностью…👩💻 #REVIEW BITCOIN
For the first time in some days the review is straightforward! Right now the priority is up only, but if #BTC goes back below $70k, $60k is next.
Easy gameplan: hold until higher or sell at $69k - $70k with the intention to buy back at $60k.
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It's time to rebuy #MANTA! The correction is in process, most likely we'll get one of global retests before going higher.
Blue zone is for buying, my targets are on the chart!
As transactions on SOL blockchain are much cheaper than on ETH, ARB and other popular chains, I believe that popular meme coins will be built on Solana! Mine favorite one is #TOAD 🐸
This is Playbux incubated project, which already means bond with Binance labs. Moreover, this project has partnered with Gotbit Hedge Fund (this fund took part in #MYRO, #SOLAMA and other massive x10+ pumps).
The chart is great: two days after the launch, the price is ready to exit a huge falling wedge! I buy a bag here, will wait at least until #TOAD is listed on CEXes! Right now you can buy it on Raydium
👩🚀 #REVIEW BITCOIN FRACTAL
Now here are my thoughts on mid-term #BTC development. I believe we'll stay in a range at least for some time!
The range may be a bit wider than I've drawn but this doesn't change anything: rangebound movement is accumulation. Alts may finally have a breather!
I think that mid level around $65k will be crucial for this range. If #BTC dumps and trades below, we are heading down to $60k. However, if the range goes like on my chart (above 0.5 Fibo retracement), I believe we won't see $60k ever again!
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Let's try our luck with #PEPE! I am not really into memecoins, but this one technically looks fine, broke and retested the bull flag!
I buy here and set some orders in the blue zone, my targets are on the chart!
It's almost impossible to guess the next local top during price discovery. Still, it's interesting to gamble about that!
I really like how this Fibo retracement looks, it predicts #BTC local top at $78k!
Time to pay attention. Several low timeframe candle closures below blue may cause a liquidations cascade!
Bulls must get #BTC back above $70k, otherwise this $73k move becomes a fakeout!
#BTC is still at $72k level, funding continues to cool off. No reason to call this a fakeout so far ✍️
Читать полностью…