MrRik

MrRik

avg entry TAO $238 Thoughts? 1/2 - on Daily, looks like consolidation, trying to break ATHs. If we cool down we might test prev ath as support, then continue. - on 4h, big bearish divergence which indecates down could be the next move. Although could be invalidated if RSI makes HH. IF .. THEN - IF we continue higher, my first sell target would be 575$ - IF...

MrRik

SUI had a nice run, price discovery. While Aptos at 1/2 of ATHs. SUI also jumped over Aptos in terms of FDV 15b vs Aptos 9.7b. Aptos had big involvements with FTX maybe that's why sellpressure and underperformance. In terms of chart: - ATH - Low --> FIB 1. beautiful retracement to 0.25. 2. bounce to 0.618 got rejected 3. tested 0.5 as support 4. now...

MrRik

avg entry TAO $238 Thoughts? 1/2 - on Daily, looks like consolidation, maybe test prev ath as support, then continue. - on 4h, big bearish divergence which indecates down could be the next move. . IF .. THEN - IF we continue higher, sell target of 575$ - IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.

MrRik

This fractal matches my idea about how Ethereum and the market will perform in the upcomming years / months. As you can see there is a good amount of confluence in major trend lines and levels, as well as the time horizon matches the usual crypto cycle. What are your thoughts on this chart? I definitely see this as a chance. Maybe we do a last push up, but...

MrRik

Using a fractal from earlier this year, we see BTC following the same PA as it made earlier this year. Takeaways - Bitcoin making HTF HH HL - Bitcoin chilling an consolidating in the fib golden pocket (0.5-0.618) - 50% retracement but keeping bullish structure in tact - potential bullish divergence - Macro trendline may serve as resistance for the rest of the...

MrRik

Last time we saw a daily candle like we're having now, BTC dropped 4,5k the following day. Shopping day tomorrow? Who knows..

MrRik

Last time we saw a daily candle like the one today, we dropped 4,5k. Shopping day tomorrow?

MrRik

After testing twice, will badger break out?