Im short I cant ignore the signals on higher time frame thats indicating we havent bottomed yet. 5th wave in the making. - Rsi broke to the downside on multiple medium-high timeframes - Huge bearish divergence - Elliott wave rule of alternation playing out here were our 4th wave is the more deeper and complicated correction wave. - 3rd wave hit the 1.618 almost...
Just an idea, Matic looking to close wave 5 soon. Next move is an ABC correction. (also depends if btc can regain momentum flipping R/S at 53.4k)
Clear wyckoff distribution is playing out. The level 54k was lost confirming bearish trend and most likely falling further where we can see an accumulation period ranging in the 37-50k levels before eventually going up again.
Sushi is ready for takeoff soon, im convinced we will see triple digits within this year. This is not just based on technical analysis but also based on the Sushi token that will appreciate in price due to the following catalysts taking place - Sushi multichain amm growing in volume, 0,05 per Tx go to the xSushi stakers - ShoYu soon releasing aka the OpenSea...