Stage 4 still in progress with no signs of strength.
- Confirmed Reversal
- 🔴Dot
- Squeeze Breakout + Weakness Arrow
- Red Trend Bar
- Confirmed Reversal
- Above Track Line ( Hight Intensity)
- Above EMA 500
Testing Resistance zone with no signs of strength.
For now all red.
No good news to Crypto Market.
With all that is happening in the world at large, one could not expect anything else.
Stage 4 in progress with no signs of relief.
I can see a possible pullback to $23.3k ish and down again.
As far I can see this is not over yet.
$19k ish still my target.
- Confirmed Reversal
- 🔴 Dot
- Bearish trend bar
- Track Line turns red
- Track Line bounce
-Squeeze breakout + Weakness arrow
Quite honestly I don't see any signs of reversing the current downtrend situation.
Maybe a pump of relief and down again.
This can take weeks or even a few months.
Let's hope for the best but given the current situation in the world, at all levels, I have my doubts.
!!This is the moment!!
Can we hold?!?
- Confirmed Top
- Confirmed Reversal
- Red Micro Dot ( bearish )
- Confirmed Reversal
- Squeeze Breakout + Weakness Arrow Signal
- Weakness
!!This is the moment!!
Can we hold?!?
- Confirmed Top
- Red Micro Dot (bearish)
- Fake Squeeze Breakout (squeeze + reversal)
- Squeeze Breakout + Weakness Arrow Signal
We have entered the same zone as summer 2021.
As you can see in May 2021 (1) BTC bounced at the EMA 100 and is now (2) doing the same pattern bouncing at the EMA 200.
In May 2021 after bouncing on the EMA 100 we had an accumulation period where we reached $28.7K.
Considering this scenario, it will have to be repeated, which could take us two months until we...
