Slumach

Slumach

We've been ranging for past 4 months, since Nov 2024. Are we in a Wycoff re-accumulation or distribution? If we are in re-accumulation, we could break above creek without taking out the lows. There is another scenario where we take out the lows at 89k, grab liquidity and form a spring. We want to see daily candles closing above the last lower highs of the creek...

Slumach

Don't get sucked into the momentum yet. Just look at the same lines I have here that everyone else is drawing. Approaching the $8400-8800 level where we have the highest volume profile that we've ever had. The approaching price area has the highest volume of sales in btc price history. Hold onto your boots, I see a lot of people claiming the bottom is...

Slumach Updated 

Take a look at the red trend line that previously made contact on July 15th and Sept 14th acting as support. This forms the bottom of a giant wedge pattern with the overall bear trend line since btc 20k. With all time high shorts in the orderbook, oversold on daily RSI, it's a recipe for disaster. Majority of folks will burn, not Slumach. I don't see btc...

Slumach Updated 

BTCP fork approaches as BTC bears maintain! Exciting day as ZCL seems to bounce off heavy support multiple times following up with a bullish counter attack!