Big Picture Zoom out : Weekly time frame
BB Mid Channel breached (Wait for weekly candle closed. If we lose it, Exit Game)
RSI Major key level = 56 (Expect a reaction here. If not ? Exit Game)
Bearish scenario :
Insane bubble
Distribution pattern
Bearish divergence (Price Higher high & RSI Lower high)
BTC dominance danger zone 40% to 30% (End of Alt season)
Shitcoin top = top signal
Economic context : Stock market dump, Inflation returns, Covid19 consequences
Laws and regulation
Short 1st target : Fibonacci 0,6 = 42 K
Bullish scenario :
Bull run isn't over
Falling wedge is bullish
1st retest of BB Mid Channel in a bull market its normal
Coordinate FUD to shake weak hands
Healthy correction 30% in a bull run
Range consolidation (accumulation pattern)
No blow off top yet
Large adoption by institutional
Bitcoin is a hedge against inflation
You Do or You Die ?
BB Mid Channel breached (Wait for weekly candle closed. If we lose it, Exit Game)
RSI Major key level = 56 (Expect a reaction here. If not ? Exit Game)
Bearish scenario :
Insane bubble
Distribution pattern
Bearish divergence (Price Higher high & RSI Lower high)
BTC dominance danger zone 40% to 30% (End of Alt season)
Shitcoin top = top signal
Economic context : Stock market dump, Inflation returns, Covid19 consequences
Laws and regulation
Short 1st target : Fibonacci 0,6 = 42 K
Bullish scenario :
Bull run isn't over
Falling wedge is bullish
1st retest of BB Mid Channel in a bull market its normal
Coordinate FUD to shake weak hands
Healthy correction 30% in a bull run
Range consolidation (accumulation pattern)
No blow off top yet
Large adoption by institutional
Bitcoin is a hedge against inflation
You Do or You Die ?