Again, huge buying pressure from the 1.8T zone (previous resistance now tested as support + confluence with the 21 Weekly EMA & 0.5 fib)
A flip of the 2T resistance into support & the next logical target will be the previous ATHs zone
2) $BTC
Looking at the monthly candle (closes today), we can see that there has been a lot of indecision in the market (huge wicks up & down).
Switching to a weekly timeframe, we can clearly see strong buying pressure at $40k & weekly closure in the 21 EMA zone (kinda bullish)
$BTC
While looking at the daily chart with a little bit more attention, I saw a falling wedge forming (Typically a bullish pattern that could signal a change in trend direction).
I’d like to see a breakout from this pattern & flip of the $44.5k zone
Beginning of…
3) $QNT
We got our needed correction.
Even the best projects can’t just go straight up without a retracement.
We just got a double bounce from the 61.8 fib.
Maybe too soon to say that but I really think that the bottom is in.
Hope you bought the dip.
4) $ALBT
What can I say?
Currently one of the most undervalued project in the crypto space, not even close.
This is a giant that will wake up soon.
Double bottom forming on the previous breakout zone & 61.8 fib
I’d like to see a strong bounce from here.
(Bought the dip)
5) $DAG
Pretty disappointed by the recent price action, to be honest.
Clearly some smart whales want to fill their bags even more at these bargain prices.
Currently testing the 61.8 fib zone, let’s see what happens.
I don’t see it going any lower than the grey zone.
Bounce!
6) $HTR
Same for Hathor.
Disappointed..
Currently hanging between the 61.8 & 78.6 fibs…
I wanna really see it holding the $0.6 support zone.
Strong bounce needed.
Don’t panic; price will catch up with fundamentals.. only a matter of fucking time!
7) $ZCX
Sitting again on this beautiful demand zone (& 0.5 fib)
If you were waiting for a “buy the dip” occasion, here you have it.
Q4 will be explosive for this project.
No doubts.
8) $LCX
Do I really need to chart this beast?
I did some DCA yesterday when it was testing the support zone.
Let’s say you’ll make a lot of “paper profits” in the upcoming Altseason.
But if you don’t know when to exit, you risk losing it all when the bubble pops.
Don’t play dumb games.
Here’s how to spot market tops using my favorite indicator👇🏻
QUICK DISCLAIMER:
This is not the only “indicator” I’ll pay attention to when looking for the right time to take massive profits.
The best way to beat the market is not by focusing on a single “signal” but by creating a system with various “indicators” and looking for confluences between them.
I’ll share some other tools I use in future threads because today, I want to solely focus on the most powerful indicator in the history of mankind:
HUMANS (more specifically, NPCs).
Do you think I’m joking?
I’ve never been more serious.
I’ve been in crypto since 2017, and I’ve weathered multiple cycles.
What continues to fascinate me is the limitless power of using NPCs as counter-indicators.
Here’s the playbook — basically all you have to do:
> Get interested when they lose interest.
> Lose interest when they start to get interested.
> Buy when they start to sell.
> Sell when they start to buy.
Being a contrarian and using NPCs as a reference is like having a cheat code.
I’d go as far as to say that if I could choose only one indicator, this would be it.