Slowly & steady Tether added 5B$ marketcap since the bottom 17k at Nov 2022.
It is definitely from Smart Money.
#LDO is the most bullish for me.
In my view, It should outperform BTC.
The expected gain could be up to 5x-10x in coming months.
Been consolidating in 2-3$ in past 40 days, which is also accumulation zone for HOLD.
Similar cases: #FXS #RPL
#BTC
Weekly closed as Bullish inside candles.
The best case is BTC will print a huge green bar this week.
The normal case is It might take another week inside the group bar before continuation and the retest could be at 22k5.
The worst case is Bulls are invalidated at 21k4.
Just noticed about it from first days of Feb.
It is very interesting. It is bullish.
easier to understand is you should focus on BTC chart only.
The noise from DXY and Stock market is not correlated to crypto.
Just wonder you have to confess the amount first or they will open your Binance account to check lol?
Читать полностью…Performance for weekend positions:
#DOT +10%
#LIT +10%
#EOS +10%
#PHB +10%
Reminder
Scalp Target for BTC is always 2%
Scalp target for Alts is always 5%
If you want to see more targets, need more risk and patience.__
Remember Microsoft Hype was the catalyst to kick off Rally 2019.
What is the catalyst for 2023?
Where will Crypto 2023 go ?
Just only one pattern can explain briefly about what might happen.
Classic Falling Wedge Pattern
#LIT chart is one of nicest chart in my view.
ascending triangle/ descending triangle is my favorite pattern.
If you have stayed with Rose long enough. You would understand how I often compared Bitfinex is the FED of Crypto. The scheme QE|QT of FED is like the action of FED of printing Tether & burn Tether.
current situation is like early days of 2019. There is early sign that Tether marketcap is added slowly.
Just ignore the factor of BUSD fud recently and we don't actually know what happened behind. Just trust in numbers. Tether marketcap is going up slowly as the way FED prints money. The result is 📈 🫡
After reading this analysis, don’t try to react as high leverage boys.
Check Sushi chart at 2020 season, in the oval range, there is a huge wick down 40% before a real breakout
Bulls confirmed fully if an 4hourly bar closes above 25k3.
Target 28k
We should trade level by level.
Not really interested in any new entry today
The only coin to watch & looking for buy is XRP
To begin a new week, It is recommended to read this
A research paper from the Federal Reserve Bank of New York
This is very important from this point. It is like a turning point of crypto market.
We had whole year 2022 effecting by macro factors & Dxy strength.
but now the decouple is happening❗️❗️❗️
https://www.newyorkfed.org/research/staff_reports/sr1052
how much % do you have to pay tax in your country ?
they ask In total volume trade or total profit ?
The favorite pattern in 2022 is Descending Triangle with Big Shorts.
The favorite pattern in 2023 is Falling Wedge + Ascending Triangle.
Simple is best.