Cryptoinsightuk
Quoted from @Cryptoinsightuk on X
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I feel we are here.
We have touched our first dense liquidity area and have rejected a little.
Back on October 29th, it took us 8 days to correct 9% for $BTC from this level.
When we found our low and bounced, ALTs rallied.
We were here on $BTC.D:
Do I think think the structure will be EXACTLY the same? NO.
But do I think what comes following this move is an explosive move for $BTC and ALTs with the likelihood that ALTs out perform and start to take market share? YES.
Remember this is what happened with $XRP.
IF you want more or my thoughts as to what comes next for $XRP, please read my newsletter out later today. FREE as always
We have touched our first dense liquidity area and have rejected a little.
Back on October 29th, it took us 8 days to correct 9% for $BTC from this level.
When we found our low and bounced, ALTs rallied.
We were here on $BTC.D:
Do I think think the structure will be EXACTLY the same? NO.
But do I think what comes following this move is an explosive move for $BTC and ALTs with the likelihood that ALTs out perform and start to take market share? YES.
Remember this is what happened with $XRP.
IF you want more or my thoughts as to what comes next for $XRP, please read my newsletter out later today. FREE as always
I’ve been saying for a week or two now I thought we were somewhere within this pink circle.
I think today showed us exactly where we are.
I’ve highlighted below but will make it more clear tomorrow when I wake up.
If I’m right and this is accurate, the next major bounce / push to the upside for $BTC is where ALTs take over in terms of % gain.
If we are moving similarly to last October / November (I think we are), then $XRP ‘s next leg is imminent.
I’ve gone into detail on $XRPs next move and what I’m doing about it in tomorrows newsletter
I think today showed us exactly where we are.
I’ve highlighted below but will make it more clear tomorrow when I wake up.
If I’m right and this is accurate, the next major bounce / push to the upside for $BTC is where ALTs take over in terms of % gain.
If we are moving similarly to last October / November (I think we are), then $XRP ‘s next leg is imminent.
I’ve gone into detail on $XRPs next move and what I’m doing about it in tomorrows newsletter
Watching this $XRP weekly resistance level.
This could be the first weekly close we get above this trendline since our local top in January.
This coupled with the Bullish Cross on the RSI (as we touched on yesterday) is something to watch.
Nothing confirmed and I'd like to see some more volume come in, but it's definitely positive if we get this close. 2 Days 13 Hours to hold / push.
This could be the first weekly close we get above this trendline since our local top in January.
This coupled with the Bullish Cross on the RSI (as we touched on yesterday) is something to watch.
Nothing confirmed and I'd like to see some more volume come in, but it's definitely positive if we get this close. 2 Days 13 Hours to hold / push.
Full transparency I just sold some of my $REKT bag.
Making 60% in 11 days is sick.
I will add again IF we retest ATHs.
IF we don't send it!
Making 60% in 11 days is sick.
I will add again IF we retest ATHs.
IF we don't send it!
The first MICA-compliment XRPL Euro Stablecoin (EURØP) launched by @Schuman_io enabling;
regulated euro settlements, DeFi, and tokenized assets on XRPL.
regulated euro settlements, DeFi, and tokenized assets on XRPL.
🙏
EYES ON
$BTC.D lower high? Still have 15 hours to go but that is a lot of volume coming in.
No body panic
$BTC.D lower high? Still have 15 hours to go but that is a lot of volume coming in.
No body panic
Looks like people enjoy pain.
Shorting throughout the move up so far just adds fuel to the fire.
This liquidity box has grown significantly overnight
And here is a refresher of my thoughts.
$BTC you naughty naughty boy!
Shorting throughout the move up so far just adds fuel to the fire.
This liquidity box has grown significantly overnight
And here is a refresher of my thoughts.
$BTC you naughty naughty boy!
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