rerezz

rerezz

Quick update you can see how 7.09% resistance falls down with a strong weekly candle this resistance level is so important you can see the fake-outs daily & weekly at the related idea, you could see it as a double-top neckline there is a high chance to continue going up and forming a big double top /1-2 months from now there are reasons...

rerezz

Let us look to the last eth chart first this idea is active I'm sure we are in 3rd wave from the 5th this idea fails if eth back above wave1 (~2030) I will give this scenario a 10% chance to playout be careful trading here zoom out eth movement could be more aggressive so after hitting the targets we need to watch carefully. if there's any...

rerezz Updated 

you need to watch the last update to have a better idea this is just a short-term. cuz we are already here let me show you how a bullish reverse flag looks this is not how a bullish reverse flag should look watch the related idea

rerezz Updated 

this is just cleaner chart from the last update as I said before I think that we are forming wave 2 from 5 so need to be careful trade on spot only THIS IDEA FAIL ABOVE THE LAST HIGHT ~25200

rerezz

that's another scenario that could be the most bullish one but there's a problem with the wave C it looks much more like wave 3 watch btc rsi related idea I may talk about this later

rerezz

as I share before I think BTC is forming the second wave from the 5th /fail if BTC goes above the last hight I will share the scenario in different time frames short-med-long term Daily frame Weekly frame One of the possible scenarios on the monthly frame all the scenarios will become much cleaner soon

rerezz

good bounce I think eth is building wave2 from 5 so be careful if eth goes above the last height ~2030 the bearish scenario failed don't forget the bearish H&S zoom out image

rerezz

a closeup look at the chart check the related idea for a long-term chart

rerezz

DXY has a target and he is moving towards it ~112 will be strong resistance but I don't think the price will stop there /RIP S&P check all my other DXY ideas bigger frame

rerezz Updated 

As I said before if the last low hold BTC will go up and that is what happens need more time to give accurate final targets of this bounce Related

rerezz

Related idea

rerezz Updated 

I think we will have a nice bounce from here failed if the price goes below 19540 usdt.d could go to those levels then backup strongly

rerezz Updated 

Quick update BTC is still bearish we can see a double-top pattern closing daily or even 4H under 18964 will active the pattern/the first target ~16K be careful

rerezz

Waiting for wave 5 BTC definitely could go up actually his late eth took all the lights but he could at some point reach 26-28 BTC must do divergence between wave 3 & 5 RSI bottom YOU MUST WATCH THE RELATED IDEA TO UNDERSTAND MORE

rerezz

ETH is going crazy ngl still wave 4 but it's not perfect wave 4, wave 4 fails 100% above wave 2 around 3500 but for me, I don't wait for eth to go above wave 2 if it fails around 0.786% fib then it's done if eth go above wave 1 peak 2150 that's also a red line and tell us to check the chart more about the RSI he must not go above wave 2 and then...

rerezz

just a zoom at the main chart I published before still targeting 112

rerezz

This is how I see BTC short-med-long term as you see in the chart above I think BTC is in its 4th wave mostly reverse around 0.38 fibo =~25700 I put other levels the price could reach in this chart down, you can see the whole wave + the parallel channel In this one, you can see the double-top and his target, reclaiming the nick-line is...

rerezz

THIS IS JUST AN UPDATE FOR A RELATED CHART The current rise is a belated reaction, even in a bear market there will be bounces here and there still bearish for me, I will make a new chart soon to explain why