Living the alternative financial existence.Trader/investor, not social media guru. Here for the 2024 Halving. Trading since 2011. ๐ฌ๐ง ๐จ๐ญ ๐ฌ๐ฎ ๐น๐ญ ๐ช๐ธ ๐ต๐ผ
This $BTC halving year I'll do something different. Instead of plotting the quarters on a 12 month chart it'll be posted on the 3 monthly. Last years price action worked out perfectly. This year is going to be exciting with the approved spot #ETF and halving.Lets take that high!
$BTC retouches Supply and last weeks high point for a reaction. Price currently trading at the mid point area. This area has seen positive reaction previously so lets see #BTC
Second quarter done where $BTC saw the pullback from all time high. Halving completed and more #ETFs have been approved. I expect the upside to gain strength towards the end of this third quarter and continue into quarter four. Summer months are usually slow. Stick to your plan.
This $BTC halving year I'll do something different. Instead of plotting the quarters on a 12 month chart it'll be posted on the 3 monthly. Last years price action worked out perfectly. This year is going to be exciting with the approved spot #ETF and halving.Lets take that high!
$BTC saw a deeper test of holding Demand yesterday but managed to recover and close within the area on close. This area will become weaker and buyers need to step in to protect it or their next war with bears will be at the 63.1-61K area. #BTC
$BTC Since the retouch of Supply price action has been on the downturn. Price currently being held by retested Demand. If we can get a bounce from here then last weeks mid point is obvious target then holding Supply with momentum. Failure here opens up 63.1-61K area #BTC
$ETH gets a decent reaction from last weeks low point to retest last weeks mid point. Not seeing the momentum for a continuation in the early stages of the euro session just yet. Good news that #SEC has dropped their case against this project. #ETH
$ETH Holding Supply remains in place after another run up for retest. Price reacting on the retest of last weeks low point. Last weeks mid point and holding Supply are upside targets. More downside opens up the fresh Demand waiting at 3137 area. #ETH#Correction
$XRP continues to trade sideways along the Sept 2023 Demand area. 0.565cnts remains short term resistance. Lower area is from May 2023 which has had two wick tests this year, one in April and the other at the beginning of this month. Price has held strong here so far #XRP
$ETH closed below last weeks low yesterday. We now have a confirmed fresh Supply sitting around last weeks mid point. If price can reclaim above last weeks low I'd expect the the test of fresh Supply. We should pick up waiting short positions from there. Fresh Demand at 3137 #ETH
$BTC made the push up to retouch Supply for the reaction yesterday. Price action now back at last weeks low. 66K area remains key, if we lose that 63.1K next. Upside targets are to breach the holding Supply areas #BTC
$BTC retesting the previous reaction area and last weeks low point. Possible fresh Supply created on this downside move but daily close needed for confirmation #BTC
$BTC breaches previous Demand on yesterdays close. Lower area which held the retouch for a reaction remains key here. Price currently trying to reclaim last weeks low point with fresh Supply created on expansive move which sits at the mid point of last weeks price action. #BTC
@Ashcryptoreal This is #XRP price action since 2016. Pumps then dumps. That's all it'll ever do. Feel sorry for holders that think it'll do anything else!
@realXRPwhale This is a wallet that dumps XRP on a daily basis. I've been tracking this wallet and others that are linked to it for months. This wallet always dumps on Asia open which they did again.
$BTC shorts loaded up at holding Supply as price pulls back into a reaction area within the mid point of last weeks price action. Price currently holding above this area as weekend trades sideways #BTC
$BTC holding Supply retouched again and price stalling so far. Now trading above last weeks high point with a possible reaction area in the mid point of previous weeks action at 68.7K #BTC
$ETH Supply remains the preferred area for shorts. Had an initial bounce on retouch of a retested Demand but Fridays price action drove down for a close below last weeks low point, where price action is currently trying to reclaim. 3137 is currently a fresh area of Demand #ETH
$ETH previous week traded tighter but continues to fade at holding Supply for now. Price currently trading at mid-range after the push up yesterday #ETH