if analyzing based solely on time and location, then if ethereum is able to sustain and hold its valuation above approx $2K, then there is potential for a measured move to play out with a conservative target at approx 15K. If there is a tail whip blow off top, then the measurement can exceed higher based on fib expansion towards approx 28-33K. if hypothetically...
Price has not even tapped the bottom of this macro range and market is long term bullish? im predicting a retest of red fib line before break back down.. never lose perspective of where you are in the market.
Rising wedge inside and n the h4 frame, inside a bearish pennant on the D1 time frame.. expected key targets I’d like to see play out at the important levels…
Bullish and bearish thesis.. key levels and targets id like to see play out in confluence with orange ring, and red rib line. lets see if bids come through at approx ~19,800. will flip as invalidation target if price breaks below...
hoping to see push in price for potentially a final retest of the Orange ring.. If price pushes up, it will depend on how much open interest gets squezed on late shorts, i would still expect a retest of support and a projected invalidation to break below.. if rejection is rejection is immediate, on at least a daily candle looking to enter below 18K..
Bullish and bearish thesis in confluence with previous data points, and current market conditions...
expecting Bitcoin to price a volatile median between the orange and white fib rings.. high risk trading zones but with high profits if executed properly on lower time frames between the targets until an open interest squeeze.
How I'm projecting BTC price to play with respect to Orange Ring, as well convergence with year long resistance line. something to consider... BTC always, ALWAYS, has bottomed on the same fib line (GOD LINE), where market peaked... 64K was the actual cycle top.
looking to see this impulsive move play out above white ring before breaking down after liquidating late shorts. Key targets im looking to place shorts
Key level, Rings, targets, and important events to consider.. Predicting a volatile move up above white ring to liquidate late shorts followed price breaking down to two scenarios headed into the remainder of the year before we retest 20K in 2023
price has been respecting these fib levels, and Rings for months.. feel confident publishing this. I stand by the date with destiny for a retest between the two white highlighted fib lines.. arrows marked to show line where we topped as well as major down trend resistance... probability is higher for a reflexive move down to retest before springing into a bull...
publishing just to see how this plays out in thsi structure based of fib lines
Bitcoin comparison to US 10y treasury yeilds (inversed). BTC and risk on assets close to bottom but not there yet. 10 year treasury yields (inversed) bottoms and takes off before Bitcoin follows..
Internet Computer D1 Chart- Looking at a potential reflexive bounce for a double top before retesting 4.60 for a double macro bottom. Key fibs levels and rings with targets id like to see play out..
Zcash macro support and and resistance fib levels. still a potential leg to the downside.
ZEC/USD Key support and resistance targets on the H4 chart.. if purple line flips as resistance, expecting approximately 20% move to the downside.
Internet computer projection on the H1 Chart.. where I took a scalp shorts after confirming resistance w/ respect to purple fib line.. Green targets are potential entry point area for a long scalp on the lower time frame.
#ICP H1 Chart. key price targets id like to see play out into the weekend on the lower time frame.. If price can hold support above purple line and, could very well blow past $9 target... I would like to see a daily candle close to confim #internetcomputer #DFINITY