mister_dukester
even though in the 4h a clear supportive trendline was forming which indicates a support at around 95k (still) which was already tapped previously. the value area high of the recent big upmove sits at around 95k. looking at the weekly view it is important to look if btc now is consolidationg between the past weeks high and low, or if it pushes through further....
FET doesn't give much weekly indicators but there can be a channel assumed in which the upper end (channel top) is a current resistance indication of parabolic rises in the future and the lower end (channel bottom) a support indication. if we follow the channel top towards end of 2025, a price of roughtly $5 can be assumed. of course trajectory and upside are...
As stated in the weekly view of my previous post it looks like it will consolidate but respect the bottom trendline and prepare for a further move up. zooming in into BINANCE:FETUSDT in the 4h shows us a few things. - we got rejected from the current major resistance since the flip in june 24. - a horizontal resistance mixes with a upwards oriented trendline...
MEXC:LAIUSDT currently looks primed for a big break out. symmetrical triangle consolidation, above 50% fib and primed for a breakout + ideally a retest of the triangle which corresponds with the golden pocket of this local scenario. up above the next target point would then be the 161.8 which is also the VAH of the whole year. My take, as of now, is that it'll...