In the past cycles, the BTC price has been sky rocketing post election. We are a day away for election. Hoping the cycle continues as is before. Alts are nuked down as BTC is bit down not breaking ATH. Hope its just a retest of some support and we moon again.
FTM Has formed massive IHS and looks like ready for break out. EcomiiionaireTrend is grey. Buying at Bullish/Orange change.
Bitcoin is in parallel channel like earlier. The trend change and break out is a good entry point for long.
CRYPTOCAP:BTC - The support and resistance play. This play is most likely. The range should break out to be bullish here!
6H trend is getting weakening. When it turns purple, its time to short. Might take more time become bullish/orange. Keeping an eye on it.
HBAR long Idea - EcomillionaireTrend is bullish. If BTC behaves well and not nuking, i see a good result here.
FET - EcomillionaireTrend is bullish now. Great time to enter. If BTC behaves well, I see straight to 20$/FET. NFA of course. But I speculate.
KAS is already on bullish trend as per EcomillionaireTrend. Long at support if you missed the immediate trend change or broke out.
RUNE is in buy range as per EcomillionaireTrend. Also in previous support range has been broken up and towards 50$ IMO. Trust the trend.
FET broke out and ecomillionaire trend is about to change to bullish from grey. 3x entry till bull market ends.
In short term, If US02Y spikes then BTC nukes a bit. So expecting a nuke by tomorrow or anytime soon. BTC to 35K is still in play with previous cycles retracements to 0.318.
BTC is at 42K from 38.5K. I would wait for at least 6H trend to turn bullish to take position. Will have to wait and watch.
BTC Cycle Mid Tops are co-related with MVRV-Z Indicator and Fib level 0.618. Here I have marked all the Fib level 0.618 with MVRV mid top. Have a look how it aligns now? So BTC local top was 48K and started to retrace like all the previous cycles? If so, how low it can go? Or We still in bullish trend?
RNDR breaks the uptrend and towards down now. Also MACD flips bullish to bearish in the next two candles and its been downtrend so far. But Ecomillionaire Trend looks bullish. So wait for confiramtion on Purple/bearish sign.
RUNE has formed Head and Shoulders patterns which is usually the more sell orders. And it's below the neck line. EcomillionaireTrend also turns Grey. I would wait for purple/bearish to short. Keep also in mind that BTC.D is down which means BTC money flows to ALTs.
ETH looks like broke down from the bull trendline. Its about to retest the line and break down further or break above the trend line again. Closely watching the trend.
In the last cycle, BTC local top was at Fib 0.618. We haven't reached the 0.618 level yet. That's BTC 48K to 49K. Should we expect similar local top? Or these Fib levels doesn't matter at all
KAS 6H trend has turned bearish. Probably wait to flip bullish back to gold to enter again. Note: 1D trend is still gold.