sometimes the market needs to flush out the optimism before it can move higher no doubt a seriously large liquidation of accounts the list of gone algo and position traders stopped at $42,000 support algo and position traders stopped at 200 DMA support algo and position traders stopped at 300 DMA support leveraged traders, leveraged traders, and more leveraged...
zooming out is bitcoin entering an endless bull market, like amazon? market corrections? yes. extended bear markets? possibly no. the possibility exists to hodl for decades for sure not financial advice
its nice to have cash on hand to buy the dips the dips are brutal if you just bought the previous high but if you have cash on hand the next peak will likely wipe out the pain of the dip not financial advice at this point do the dips even matter for BTC ? they all get wiped off the map at some point
historic macd divergence setting in the mother of all rallies should follow not financial advice
from the relationship of the 200 moving average / 350 moving average the bull market is still in force in the previous market the pullbacks ranged from 30-40% it seems that the seas are a bit choppier this time and the typical pull back could likely be larger than the previous cycle there is no confirmation for continued downside pressure at this point in fact...
possible break out tested the neckline could be headed higher ideally .009 would hold as support possible target .30
fresh fib channel for reserve protocol I believe there is much price discovery yet before the value of this network is priced in not financial advice
support at 50 WMA strong enough to move to a higher channel deviation if the bull market remains strong hifi finance looks ready for recognition of utility not financial advice
trend in tact for UTK utrust found support at 50 WMA support at channel bottom
trend still in tact supported at 50 WMA supported at channel bottom
vechain challenging the 1.618 fib channel level not easy to find assets performing like this. ask your financial advisor about vechain to see if it is right for you some people who trade vechain have experienced euphoria, depresssion, denial, shock and anxiety. trading vechain is not for everyone
matic to 30x from here breaking out of .50 resistance MACD coiled to explode take it or leave it the monster is unleashed not financial advice
will matic find support near the 50 period MA channel and the recent resistance broken? wait and see
a brief look at the chip chop chip and the price action could be headed for $30,000 but then $1,000,000 its all fun and games until someone calls it correctly! not financial advice lighten up also not financial advice
everything that was sold was bought up did you sell, or buy?
can you see what the difference is between a bear market and a bull market? its not complicated but there is that crowd of people who run around saying the sky is falling why do you think they do that? just a moment of silence not financial advice
matic has been brewing for over 600 days declining volume and rising lows the real breakout is yet to come when the 1.0 fib line is broken there are some serious targets out there for the hodlers
.60 resistance 200 MA support price squeezed between support and resistance should resolve to one direction or the other not financial advice high risk trade