How long can you get before ETF announcements without getting circumcised 7000 times? The road to glory is paved with dismembered bulls. Some wobblers turning green, some levels making sense, some congressmen getting antsy. Y NOT.
2.6x xtz against btc in ~30 days. Based on fib level and slow grind down to previous high completing.
If the daily consolidates above 100000sats we could see a moonshot to those levels in blue.
This was drawn in July, I have little faith it will come to pass as illustrated here, but i want it off my chart, so here it is in perpetuity for you all to ridicule.
Lets see how it plays out, a rounding of the top on inverse ethusd.
If we are to follow a simple fractal move... We need to go down to the grey box to revisit the range bottom, then if we break the white line (top of range) we could repeat the previous bullish move (150% from ATH) to the yellow line. FA conditions are different this time, Master Nodes have locked up much of the supply, thus hastening price rises if there is...
TA position Neo is approaching the bottom of a big falling wedge which could break to the upside (it is nowhere near the top edge of the wedge at the moment though). We are now back to price support from its first rally. If we flatten or pickup up a bit here we will have a small bullish divergence on the MACD. FA bullish case for Neo If China softens to crypto...
So far ETH/USDT is repeating a very similar pattern to late December-early January. White lines are possible points of s/r in this move, Burgundy lines are repetitions of previous s/r points that have so far played out. Blue boxes are low bid buys, green box is breakout buy. Logically we would see resistance/profit taking at around 2000 however a fractal...