Nah. Accumulation schema, right?

Updated

Ok, probably standard accumulation, see schema.

Wyckoff accumulation schema. IMO I would be patient.

Trade active

nice rejection

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FTX collapse makes this idea more accure. Maybe we gonna see spring in this large bitcoin accumulation (twitter will be like "btc is dead, invest to alts", but this is wrong).

I am not saying anything about price (against fiat), but what I want to say, BTC could be better investment (not trade) than other coins.

BTW. risk management first.

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Todays pump confirms me in capital moving to btc.

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thanks for all the fish

schema 11 & 12

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13 in the play. Everyone was expecting alt season, but I dont

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yellow upper band (1) of accumulation tested successfully, now its time to fly

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todays drop is nice retest 1.5 support of accumulation

next target is 53.47% if 1.5 holds

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53.47% on the horizon. Do you know what will come next? Reaccumulation.

Chart is inverted, I hope it will help you identify source of bars pattern.

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*Correction: the last two updates were in normal scale by mistake, the original uses a logarithmic scale. So the target is around 54.6% of the original idea chart which has almost reached. Sorry!

Anyway, as we can see alcoins started small alt season :)

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I love this Alt season. (Many people believe that we have entered the next bull market cycle).

btw. BTC.D nicely rejected 54.6%. ☝️ Reaccumulation in progress.

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What does it mean? Stablecoin dominance is near the bottom (or it is bottom).

My idea is one last leg up (TOTAL = 1.861T, you can imagine what TOTAL3 could do) and then final 🐻 bear market, or...

Don't be fish!

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TOTAL = 1.861T touched. Alts are starting their euphoria show!

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Did you enjoy alt season? I did.

But now we are very close to the bottom of stablecoins (Volume is rising, stables are oversold) - stablecoin dominance (chart above) can drop to range 4.58-3.51%. Then it will be blood ride.

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How do you enjoy the bloodbath?

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Here is story about big picture (open to see updates). Be prepared. 🛡️

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Look closer to at BTC.D 👇 and the comment (Oct 20, 2023) above ☝️

Trade closed: target reached

BTC.D was rejected from the golden pocket (at 61.45%) with confirmed very high volume. Now it’s time to let BTC.D rotate and enjoy alt season!

2 days ago

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sodae

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