Mags
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Mags
#Bitcoin holder since 2016 🚀 | Crypto Trader & Technical Analyst📈 | Finding Chart Patterns / Fractals💎
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#Bitcoin is loading up for somthing big..
Price is testing the upward-sloping trendline from $15.5K bottom for the third time.👀
Price is testing the upward-sloping trendline from $15.5K bottom for the third time.👀
#SOL against USDT looking absolutely trash with a H&S pattern exactly at resistance,
while SOL/BTC just tested monthly support.
Can we run it back to the range high?🤔
while SOL/BTC just tested monthly support.
Can we run it back to the range high?🤔
#Bitcoin failed to hold above the 300-day MA for the first time in this cycle.🚨
Since the bottom, BTC has taken several pullbacks before each leg up.
Every time, the price dipped slightly below the 300 Daily MA it quickly reclaimed it, followed by another leg up .
This is the first time where price broke down and attempted to reclaim the 300-day MA but failed to hold followed by a major rejection & continuation.
Since the bottom, BTC has taken several pullbacks before each leg up.
Every time, the price dipped slightly below the 300 Daily MA it quickly reclaimed it, followed by another leg up .
This is the first time where price broke down and attempted to reclaim the 300-day MA but failed to hold followed by a major rejection & continuation.
#Bitcoin - will follow the same playbook?
i) Shakeout
ii) Breakdown below 300 MA
iii) Retest & Pump
During each correction, we see a flash dump till the 300 MA, followed by a breakdown, quick recovery, and a retest before another leg up.
The 300 MA is currently at - $103,874
i) Shakeout
ii) Breakdown below 300 MA
iii) Retest & Pump
During each correction, we see a flash dump till the 300 MA, followed by a breakdown, quick recovery, and a retest before another leg up.
The 300 MA is currently at - $103,874
#Bitcoin - Chart patterns don't work anymore? 🤔
Meanwhile, BTC followed the script perfectly breakout, retest, target hit, rejection.👀
Meanwhile, BTC followed the script perfectly breakout, retest, target hit, rejection.👀
#Bitcoin - this time its different 🤔
#Bitcoin is trading below the 300 Daily MA again.
Last time price dumped below it we saw a nice V shaped recovery.
Last time price dumped below it we saw a nice V shaped recovery.
CT decided to follow the whale with 100% win rate.
The market nukes, and now the whale is sitting at a $17M loss from $32M in profit.
Current position :
- $5M loss on ETH
- $12M loss on SOL
- $200k loss on HYPE
The market nukes, and now the whale is sitting at a $17M loss from $32M in profit.
Current position :
- $5M loss on ETH
- $12M loss on SOL
- $200k loss on HYPE
#Ethereum - The last hope
#Bitcoin is still holding the trendline support from september 2024.
The price needs to bounce here, or we could see a deeper correction.
The price needs to bounce here, or we could see a deeper correction.
$ASTER is up +34%
7 days of downtrend just got engulfed by a single 1h candle after a tweet from @cz_binance
7 days of downtrend just got engulfed by a single 1h candle after a tweet from @cz_binance
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