jslozzy

jslozzy

courtesy of @BlockchainBacker. looking like we're prepping for a short alt-season very soon. let's see how it plays out. market is overly bearish right now and it sets the stage for shorts to be wrecked and to have one final push here to around 50-55k ish. NFA lets goooooooooooo

jslozzy

Looking for retest of summer lows or if it goes deeper, then somewhere near the last ATH of $20,000. BTC was just rejected off the bull market support band as stocks are falling AND the dollar is in a bullish trend. Def not lookin good. NFA this is here for my own reference and for entertainment purposes

jslozzy

This looks like big reckage to me! Predicting the bottom to be in beginning of April-ish. NFA this is just for my own reference

jslozzy

I'm a huge crypto bull but I think this bubble just popped! Looking for it to retest the summer lows of last year, or the prior all time high.

jslozzy

Does look as if it's hitting a double resistance right now. However, it also looks like it's about to rip REALLY hard. Difficult to say, it depends on what BTC / stock market does tomorrow. I'll keep an eye out for a little dip but if not, ITS FOMO TIME!

jslozzy

No clue what's gonna happen here. I personally think it might break out aggressively... I mean cmon we've been in a down trend for months. Only logical that it goes back up now. If it does go back up, alts will go ape shit... or, we could have a gnarly fall. NOBODY KNOWSSSSS

jslozzy

I see pretty damn clearly a huge potential resistance zone around 40k. It was used as support multiple times and is now that we're below it, it most likely will act as resistance. I don't personally think it goes above that any time soon... could be wrong. I also see a massive double top on this chart. Seems the FUD has really hit the markets now and there are...

jslozzy

We had a lot of green months there in early 2021 / late 2020. I think we need some red months now. maybe Jan, Feb, March sideways/down, then April full send to andromeda. NFA

jslozzy

That we just chop hard as fuck now. Lmao..... It's gonna tease us and confuse us. This is what the market does, it never does what you expect.

jslozzy

Honestly, on this weekly view, it looks like we need to cool off. And I am a huge, HUGE Ethereum bull. But let's be real, we are up, what, like, 10x plus since the beginning of this bullrun? This thing has gone on a fucking tear. I do also see the narrative of risk-on assets, NFTs, Fed printing money endlessly, etc etc. And I think we could go higher, for sure....

jslozzy Updated 

This is not financial advice. This idea may not age well, as I am a monkey typing on my computer about what the future may hold. I have a bag in this too, so I am biased. In fact, I encourage you to fully disregard me. MANA DECENTRALAND TO THE MOON! But in all seriousness if bitcoin holds its support levels I think this can continue to rip.

jslozzy

Not saying it WILL do this, but I think it's easy to underestimate how out of hand things could get. Let me know what you all think. Take care.

jslozzy

Volume has steadily been decreasing over time, waiting for a breakout. We have a very sexy cup and handle as well on this macro chart. Also, in the past few days, we've been seeing very steady and solid accumulation, which in my opinion is a sign that people are expecting something to come and investors are loading up. One other thing - SushiSwap is releasing...

jslozzy

Idk what's in store for this cycle per say, but there's pretty much no chance this doesn't go to $10 at some point. Lots of new money AND big money flowing into crypto, especially into projects like these that actually have utility and potential for actual human engagement. This pump has been insane... lmao