๐จ IT MUST HOLD ๐
Alts excluding stables is at a critical level..
โจ $TOTALES has retested the Major Support zone where it bounced from in 2024, it must hold here or there will be a capitulation ๐ณ
The fight is on!
โ ๏ธ LET IT FORM ๐
Carving out the $BTC floor..
๐ฎ A Higher Low forming in the weekly RSI is often an early sign a bottom is getting close, price can still drop before a bounce but it shows a new phase is coming ๐ง๐ป
Patience.. let a Bullish Divergence form ๐
โ ๏ธ RETEST ZONE ๐
The downtrend wonโt last forever..
๐จ $ETH against $BTC has swept below support and is now retesting it, the same setup in 2021 led to a major rally ๐คฏ
Can it reverse from here?
๐ฎ CAN IT HOLD? โจ
Only a matter of time..
โ ๏ธ $ETH against $BTC is at an area of potential of support whilst it remains in a downtrend, a reversal from here followed by a rejection can trigger a long ๐
Patience pays!
โ ๏ธ OLD ATH ZONE ๐
Slammed down to a key level..
๐จ $BTC is now retesting the old all time high, this is a highly liquid zone, bulls need to hold this level to avoid more downside ๐
Big few weeks ahead!
๐จ NEARING THE CHANNEL ๐ณ
Still a magnet it seemsโฆ
โ ๏ธ $BTC has been trading within a channel for the past 8 years, the channel low has acted as support and this cycle the mid-channel resistance was the top ๐
Is a test to come? ๐ค
โ ๏ธ THEREโS THE TEST ๐ฏ
Critical level has been tested..
๐ฎ $BTC is currently teasing the 200W EMA which is coinciding with the previous cycle highs, bar the last cycle every other cycle saw the bottom here ๐ค
Can it find support or will it break below?
โ ๏ธ MEETING SUPPORT ๐
The pullback continues..
๐ฎ $BTC has pulled back since rejecting the 200D EMA, it is now meeting a strong support zone.. Can it hold? ๐ค
Time to show up bulls!
๐ฎ BREAK ALREADY ๐
Look closely..
โ ๏ธ $ETH against $BTC broke its parabolic arc, declined and has pulled back. This Rising Wedge breakout is coming.. when it does a major dump will occur ๐
A dump is good when the chart is upside down.. ๐
๐จ BIG MONTH AHEAD ๐ณ
May saw Bitcoin rejected the 200D EMA and declined sharply ๐
โ ๏ธ Aprilโs monthly reclaim is hanging in the balance, bulls need to avoid this becoming a fakeout/deviation or bears will push $BTC lower ๐
The fight is on ๐ฟ
โ ๏ธ LEADING A REVERSAL? ๐ค
History doesnโt repeat, unless..
๐ฎ Every single time $HG bottoms against $GOLD and reverses from this Lower Low Trendline an explosive move in $ETH occurs ๐
Will Copper drive a reversal in Ethereum?