My take is that we are experiencing a mini bear market ala 2021 May ~ July. The general price behaviour is very similar and I think this is consolidation and accumulation before continuing the macro uptrend. The vertical orange lines denote matching PA and RSI on the daily. I’ve sketched out the areas that I think are rhyming with each other. I believe we could see a retest of 40k like we did of 29k in July. I’m buying now and will keep buying as I don’t think we see sub 40k for more than a wick if that.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments