#BTC
Bitcoin needed a Daily Close and ideally a retest of the ~$83400 level (red) to break back into the ~$83400-$87k Range
And even though Bitcoin Daily Closed above $83400, price failed the required retest and broke down as a result
This period closely resembles the mid-September breakdown from $77k (orange circle) in the previous fractal
$BTC #Bitcoin
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#BTC
Bitcoin performed a 3-Day Close below the series of Lower Highs and rejected from this Downtrend (black)
Price has since dropped back into the orange region for yet another bout of retesting
The month-long series of Lower Highs continues
$BTC #Bitcoin
#BTC
Bitcoin has been able to hold the ~$82500 area despite a bearish-looking Weekly Close
With this rebound, price will be looking to revisit the 3-day Lower High (black)
Breaking this month-long Downtrend would likely see price try to challenge for a break-back into the blue-blue Range
Failure to breach the Lower High (black) and that Downtrend would continue and likely send price for another retest of the orange region
$BTC #Bitcoin
🟢 ethereum:0x0f5d2fb29fb7d3cfee444a200298f468908cc942 — KEY BREAKOUT SETUP
$0.080 support tested.
The downtrend and 1D 200 EMA at $0.090 are the key resistance to break.
🚀 A confirmed breakout could open the door to a potential 50%+ rally.
#MANA#MANUSDT#Decentraland
$PONS has been bleeding for weeks, but the chart is starting to get interesting.
Still early to call a reversal, but this is the kind of setup I like to keep on my radar.
NFA!.
$NEAR - Near Protocol
NEAR continues to move sideways within the black-black Macro Range ($3.79-$5.97) while successfully retesting the Macro Downtrend (blue) as support
After such a run, NEAR would benefit from some additional consolidation within this black Range to catch a breather and see a cool-down on some overextended metrics
#NEAR #nearprotocol