We know when people chill that's mean sell signal and when people panic it's a buy signal
RSI Indicator on the sell signal range
Soon we going to head back to the first correction 29700$ , except going back to 30200$ and then going back to 29200$
After that with the indicator we can decide if it going up trend or down trend
Because the shake candle going to...
We gained 40% in the past two days
The day RSI and the 4 RSI above the normal rate
We going to have a bad correction soon and once it is complete we going to face a 138 million unlock tokens
Forgot what cheers posting of apt going to 8$ and focus on fundamental news and technology we have
First a massive correction and second the 138 unlock millions tokens
Be careful
Why I'm saying that apt going to visit 2$ or 3$
Because we have 138 million apt going to be unlock after 20 day , that's mean what!!
Go to Google and type apt unlock schedule if you don't believe it , soon the shorts going to dump it so be careful
Ethereum classic looks attractive for whales 🐋, why ?
Look at the price 15.80$ at 2.3B market cap
The future Ethereum classic can raise to 40$ before the bull market, after bull market starts, the price can go to 80B market cap, it's mean 500$ , the average for next bull run for the market cap can reach between 40B to 80B , it's mean 250$ to 500$....
Ethereum classic one of the most popular and bullish coins
We right now at the end of bear market
No one knows when Bull run going to start
But we can predict it with our previous data
I think 2024
On last bull run ethereum classic gain 772% and the break out was 21$
I'm expecting the break out for next bull run 41$
And if we can take the previous run
It...
Yesterday on my analysis i said after 25300$ we going to 6800$ then to see more we have to test 26400$ but we failed and i said the stop loss at 26200$ and we saw the price went to 25800$
Now I'm Certainly sure we going to 24000$
Hope I'm wrong but I'm trusting my analysis and i won't regret if it pump by any news
Inter price 24000$
Target to 28300$
We broke 26400$ support and it's now resistance
With current average, we won't be able to break it again and go to 27400$
The maximum price we can see is 26400$ and then we going to visit 29800$ support again
Why I'm trusting my own analysis, 2020/2021 bull run , you can see the trend line was broke , on that time was the real bull run
And if you go back to 2016/2017
You will find the same scenario happened
Now we are just inter the real bull run I'm pretty sure
My only advice is to AVOID AVOID using leverage, the swing price will get your money away from you, ...
We going to visit the RESISTANCE 28300
If there any good news while bitcoin trying to break this resistance we in the boat
But if bitcoin could not break the trend line we going to test 23k support line
Good luck
All this analysis Based on RSI 1D chart
First resistance line 26600$
Second resistance line 27400$
Main resistance the trend line 28300$
Forget what happened rn
It's not the first time bitcoin didn't break the support line
Rather than panic now
There a bounce on bitcoin to 28000$
On each break there a bonuse that traders make profit
Use it as advice and make some profit
And if you all believe we going below 20k then we going to dump it at 28000$ and break the support line of 20k
Then it will...
Tip 1 at 26500$
Take 50% profit
Tip 2 at 27000%
Take 30% profit
Tip 3 at 28000%
Take the rest of the profit
It can bounce to 28300$
If it doesn't flip it then we will gonna heading to 23200$
Set the stop loss at 25800$
Yeah , i know in crypto, traders though are so carefully and most the traders analysis that we may visit 20k and 11k
In you'll thought we though will touch a trend line and go back , but it didn't happen
I was doubt about it because 32k it's a strongest resistance in whole bitcoin chart , so logically bitcoin need to reduce the rsi and grab the huge liquidity...
This is not a financial advice
But I'm confident to enter at this level
Because the RSI AT 13 and you hesitate to decide inter and think it will go lower
Rsi never went to 0 lol
We have been in correction state for the last 6 months after 3X
And we touch the strongest support line a month ago and we headed to 8.32$
Now once we touch a 6.5$ support zone , Buckle up because it can moon at any time to the number 1 and then we may visit 2 and 3
