barring any black swan events - now that we have the new ETH release forthcoming, the bitcoin halving in the future, and the bear market behind us (fingers crossed?), this is the trend - we'll see some stops and volatility at the major support/resistances for trading.
I'll just be holding for the next year or two. Less stress!
I'll just be holding for the next year or two. Less stress!
Comment:
Little Cup and Handle in there - 3700 range will be a bit of a rejection at first, followed by a rocket ship
Comment:
We've got the advance pumping! My current view is that the top will be between the daily SMAx3 and SMAx5. I'm eyeing up that 10-14.5k zone. With the new market dynamics of liquidity into crypto, we may have a dual push this bull cycle, which means we have a top that's short of the 10k range, with a secondary push later in 2024.
That will likely be somewhere between SMAx2 and SMAx3.. it's pumping the x2 now (red line).
That will likely be somewhere between SMAx2 and SMAx3.. it's pumping the x2 now (red line).
Comment:
Can also see on the weekly it's above the EMA21. That will lend itself as support through this bull cycle. Buy any retest and breakout off of that orange line