I believe that there is no more than one week left before the denouement, a maximum of 2 weeks. Either the altseason or a big drop in altcoins. As you can see, both dominance charts confirm this.
If we take the liquidity from the bottom of the sideways movement and return to it back. Then we can safely expect a goal of $1. As you can see, we have broken the structure on the 1-day timeframe. Therefore, I still expect a more red scenario where I can safely go long.
At the moment, I am considering 2 scenarios. 1) If we take the liquidity from the bottom of the sideways movement and return to it back. Then we can safely expect a goal of $1. 2) From the current value, we will immediately go to the upper limit, then at least you can set a stop loss in a safe zone and wait for the denouement at the upper border of the sidewall.
Liquidity is accumulating from below and above. On the weekend, it is likely that we will not go out. On Monday, we will definitely take liquidity in one of the parties and if we manage to take liquidity from below, then I expect a gradual scenario, which is indicated on the chart.
Nothing has changed, I am waiting for the scenario indicated on the chart. There is absolutely no reason for a short, I have already said that this requires the scrapping of the structure and confirmation, which has not yet happened.
With the successful breach and consolidation above the trend line this week, the dominance is poised to sustain its downward trajectory. In this scenario, a potential altseason is anticipated, albeit in a more nuanced and compact form. Upon reaching the 48% threshold, a strategic move would involve securing 50% of portfolio positions. This proactive step...
Please note that liquidity has been withdrawn from both sides of the sideways movement. For now, I'm giving priority to longs. Potential zone - $50,000 - $51,500.
Bitcoin cooled down all the indicators and most importantly, we did not see a seller on the market. I see only one scenario in the potential of February, this is further growth due to bears. Potential zone - $50,000 - $51,500
Many people are waiting for the growth of altcoins, which does not happen in any way. Judging by the dominance, we are drawing a rather interesting and very working formation - 3 vertices or 3 drive patterns. Also, if we use classical technical analysis, then the dominance in the area of 57%-58% has a large level of resistance, which should meet us with a...
To commence, the analysis holds merit only under the circumstances that Bitcoin experiences a decline to $38,000, followed by a rebound to the $45,000 range. This condition stands as the pivotal prerequisite for the execution of the proposed scenario. Upon reviewing the chart before you, it becomes apparent that a substantial number of long positions have...
It looks like all the other altcoins. In short, we go to the 0.5 zone with corrections. After the accumulation set, we go to update the local high.
Let's consider two scenarios that I find more likely than others: 1) If we maintain liquidity above 40,200 without withdrawing, there's a possibility of reaching the liquidity zone at 44,500. 2) Alternatively, if we choose to withdraw liquidity, there's a chance that on the same day, we could still reach the 44,500 zone. In either case, the swift...
For a potential downward move, Bitcoin ideally should have around the 44,000 - 45,000 range to maintain price equilibrium. The absence of a return to the 44,000 zone following a Bitcoin decline from current levels is considered a bullish indicator, suggesting the removal of weaker market participants. Conversely, if the chart's projected scenario materializes,...
The ATOM has been consistently following an upward trend since 2019. The certainty of a new cycle for ATOM is still uncertain. However, by considering that the asset is not experiencing a depletion but rather undergoing a shake-up, we can speculate that a pattern similar to the previous cycle will unfold. This pattern typically involves an initial phase of...
As evident from the chart, a robust divergence pattern has emerged on the histogram, and this trend is reflected across various indicators, signaling that our prices have reached a pinnacle. While it's uncommon to witness a triple divergence, typically a correction follows two, and currently, we find ourselves in this precise scenario. There may still be...
The asset has recently reached the 0.618 zone following an impulse and is currently undergoing a correction phase. Anticipating a correction to the 0.5 zone to address the price imbalance, I foresee a potential return to this level. Looking ahead, attention can be directed towards achieving goals in the vicinity of $22.
We have removed liquidity from above, we return to the 0.5 zone from the momentum. After correction and reaching the zone, it is necessary to focus on Bitcoin.
The structure has been broken, HH, HL, but HH has not yet been fixed Fibo: Prem. Level + closed the imbalance Bottom: Breaker Block Bullish Breaker Block on Top Entry point, at the current price Take: $11.2 and $11.9 Stop: $8,7