Price is currently ranging and forming a big triangle at the highs. My expectation is for both bulls and bears to get rekt before making the real move towards the end of the month
A channel top + 1.133 Fib extension is a common rejection zone. If BTC rejects here for a correction, I'll be looking to long these 2 areas of support
Honestly I doubt this will happen but SPY has re-entered this macro daily channel and may dump with TP @ channel midline and TP2 at channel bottom. Just posting this for my own notes to see if it plays out. Personally I'm not taking this short and wouldn't advise you take it either
I've outlined 3 targets to catch bounces if BTC correction continues to the downside. Each target is primarily based off the CME BTC1! gaps fills that usually result in a significant bounce. Each of the 3 targets also happens to line up with significant weekly support lines as well as Fibonacci targets taken from the market bottom and most recent weekly...
NEOS Coin is sitting at relative historical lows. A recent bullish TK cross, combined with price entering the cloud, healthy RSI and volume spikes signals beginning of an up trend. NEOS historically blasts through the red cloud in this type of set up. Good entry point today @ 0.000399 and great risk reward ratio @ 11.38. Mid term Targets: 0.00057468,...