$BTC
Today I've come up with detailed analysis on the crypto market.
USDT.D : It has hit the major Fibonacci Resistance (see 1st screenshot) and on the first reaction, we got a rejection. So, wait for today’s candle closing. If it becomes a Bearish Engulfing candle, then it must be a local top for this index.
BTC.D : This is the main culprit for alts' pullback. It's currently making a lower low and lower high on a lower time frame. This structure must be broken to give room for alts' pump. However, currently it’s also facing major Fibonacci resistance (see 2nd screenshot) and is on the way of making a bearish engulfing candle. So, wait for today’s closing.
BTC : The King has just tested the previous ath and the reaction was good. As long as it holds the level, we can expect a PO3 formation (see 3rd screenshot) to continue which should take BTC to $125k level.
TOTAL3 : The most important chart for alts. Here, it’s finding a strong Fibonacci support (see 4th screenshot) and the initial reaction was good. It's on the way of making a Bullish engulfing candle. So, wait for today’s candle closing.
All in all, today is weekend holiday. The real move will come tomorrow after market opening. So far so good, market is going exactly as planned.
