Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work.
Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration.
The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our...
RSI is at a new low according to that chart, volumes are declined and price is starting to simmer.
A lot of people probably didn't fill their bags expecting some 11k target (sounds a lot like the 2018-2019 prayer for a 3k break to 2k) .
This may give some tailwinds involving FOMO from said partial filled bags.
THE BIG ISSUE IS...its touching the monthly 100 day...
Yes the FTX stuff is going on but just seems very timely. Had to share.
Probably just hoping to find a bottom and looking for any string to pull.
Hope you and your families are doin well!
Thanks.
Its time. Let's get it over with. I've accepted it. Break a little more greed and lets move on.
RSI looks like it has another good drop, volume is low.
Dunno where to tho, I can't imagine breaking 10k. But who knows.
Macro is kind of in control right now. At least in my opinion
No confidence with $eth lookin like either a huge success or giant mess.
Has a...
Failure to make new highs. Volumes low. Macro pressure. Tapping support with persistence. I hold some still.
But we will see.
Love $waxp still.
Let me know what I'm missing. I appreciate your time.
Still could rebound on the hourly. But looks rough. Probably a retest incoming.
Not sellin anything tho.
What do you guys think...?
Y'all have a good day
The Ichimoku shows a slowing down but the cloud looks solid. Maybe the Tenkan can retake its place and keep moving Hopefully a bounce off the Senkou and a better ATH coming compared to those few weak pushes previously.
If we dip bad..will it be a 40kish test of the 20MA?
Thanks for popping in. Comments appreciated.
Hope you and your families are doing great!
Looks like selling volume is falling, tapping the long running trend line support. I do feel like we are going to retest the lows again for sure. I do not feel optimistic about returning to this trend line again any time soon. I'm normally not very bearish and I do hold maybe a percent or two in AT&T . SO we shall see.
Hope y'alls families are safe and you guys...
Just a quick look at this moment we are in. I have a feeling we are heading up, but of course...Bitcoin does what it wants. Hope you and your families are doing well. Y'all be safe.
Still regardless, still feeling good about the overall long-term outlook. Cautious in the current realm.
Any tips of insight is greatly appreciated. I'm still pretty noob compared...
Should I up or Should I Down. I feel like within the next few months, #btc will come to a decision to either break resistance or lose our long standing trendline. And with the flood of longs last week that was the highest in a year+, I think #btc is finding some footing. Just my insight and thoughts, I am feeling like we will see a push past 10k. If it were to...
