Looking for a little dip back into $0.23 to build a position for a rally ingot $0.31
Look to identify ALTs that show institutional sponsorship Bullish xxx/BTC Bullish xxx/ETH = Wealth Creation
Looking for a reversal into 0.00540 We are still in Alt season pt 1 ETH will outperform BTC Most ALTs will outperform ETH
LOOKING TO BTD IF PRICE DECLINES INTO THE $450 PRICE REGION UPSIDE TARGET = $800
I believe the low for this cycle has been in since March Price confirmed this after the break and retest above $0.23 Historical patterns show money should flow into ALTs, beginning with the majors, after we see some profit taking on BTC Once $0.35 is broken itll act as a springboard for a continuation higher to test the $0.47 pivot A monthly candle closure...
Link looks primed and ready for the next leg higher Checking LINK/ETH I expect link to also outperform ET and other Majors $33 is an arbitrary
Lets study how price interacts with the ascending trendline A very common theory for retail is that these Higher highs and Higher lows signify a bullish trend Pair these lows with a trendline and we have ourselves a classic buy However I believe price should break down lower into the $105.030 level Pair this with Bearish DXY and we have ourselves a solid...
Anticipating a rally back into the $1.1950 level to clear early shorts out before the eventual drop below $1.1700