Let's be real, DOGE and SHIBA are shitcoins, but they're fun, especially when you notice that they move pretty much the same over time. In orange is DOGE, as you can see the similarity is huge, even more if you consider they are two shitcoins driven by a dog and some muskpump. So what do you see ? Yep, seems like it's about to go doooown if we break the 4245...
Here's one way to put it, BTC is the boss, and the boss doesn't follow charts or trendlines, we use them to translate his moves. I would say that we are entering the unknown, so what can you do ? Make sure you don't regret, of course BTC could reach 31k in the worst case scenaio but it is a matter of time until we truly know. Time is on our side so today I...
It's about to go down... But wait, before leaving this post, hear me out ! We bounced to the downside as predicted in the last post, we are now heading towards the 53k level, but before this, someone is waiting for us, the 75w EMA that might be a minor resistance which we might break through to then bounce on the 100w EMA. This one too might not be enough and I...
60k is holding us tightly, we could take the stairs up a little but if the blue trendline ( red circle ) rejects us, we could imagine BTC moving down to the next level, in the other case, if we go over the trendline, we will build momentum and consolidate the resistance between the 60k-63k level before a move to the upside. Time is on our side !
The 60k resistance is crucial, as long as we stay on top of it, we can bounce it the upper levels and reach the market peak steadily, if we break down the 60k, let's expect more volatility and uncertainty in the market despite not meaning the end of the cycle. HOLD ON !