I have frequently shared my analysis with you guys, it's a great honor to share knowledge of what I know and what to expect,
If you have a basic knowledge you will understand that market will always follow a pattern sentiment and manipulation only affect the length and depth of the impulse or correction then followed by panic sell or buying FOMO which affect further but the pattern will always be clear of what to expect $BTC bitcoin dropped to 97k but now it's within 98k-99k range, is it over yet? well I'm not sure since capitulation will follow soon people will start to panic sell and we might see slow bleeding (not guaranteed though) when the dip arrive, the pattern will change and give us rewards of holding the below figure was before the drop as I did explain in my previous posts, I will keep you updated
Nobody believed me when I said this, no one commented or liked this post
but everything went as expected even beyond the expected outcome. $BTC dropped as expected and other currencies were hit hard like memecoins $PEPE $TRUMP #Dogecoin
It was Unexpected #MarketPullback , but the dip has arrived and was the last shakeout
Alts died for them to rise again, btc dominance is now at 62.39% let’s hope it will fall more for #altcoins season to start
Ben_quistar
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As I said it here, it’s slow bleeding towards the support of 98-99k $BTC which it might break and go more below to maybe 94-95k $BTC support
Just be ready, we still have tomorrow’s correction to endure, don’t get liquidated
As I said it here, it’s slow bleeding towards the support of 98-99k $BTC which it might break and go more below to maybe 94-95k $BTC support
Just be ready, we still have tomorrow’s correction to endure, don’t get liquidated #BuyTheDip
Ben_quistar
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I have frequently shared my analysis with you guys, it's a great honor to share knowledge of what I know and what to expect,
If you have a basic knowledge you will understand that market will always follow a pattern sentiment and manipulation only affect the length and depth of the impulse or correction then followed by panic sell or buying FOMO which affect further but the pattern will always be clear of what to expect $BTC bitcoin dropped to 97k but now it's within 98k-99k range, is it over yet? well I'm not sure since capitulation will follow soon people will start to panic sell and we might see slow bleeding (not guaranteed though) when the dip arrive, the pattern will change and give us rewards of holding the below figure was before the drop as I did explain in my previous posts, I will keep you updated
As I mentioned earlier, even though it didn't happen on that day, the decline in Bitcoin $BTC is currently occurring. Let's hope it doesn't fall below 99k. You shouldn't have panicked and sold at a loss.
Additionally, I mentioned in my last post about $PEPE that it would drop below 0.015 and that you should buy the dip, but that you shouldn't hang onto the meme coins for too long since it will dump worse. Instead, take your winnings and wait for another wave, which is currently happening. Those who payed attention won’t be surprised with what is happening
Why is it happening? That’s a good question Here are some facts that I think they have contributed
1. Most people didn’t expect the fall since POTUS is crypto fan, and he has sign for strategic bitcoin reserve. But in real sense, did you think they will buy crypto at high price? it has to be lowered
2. In every impulse there is correction, I explained in my previous post that wave 1 has been formed already and market is trying to form wave 2(elliot waves)
3. Every Monday is a correction day, it can start as early as Sunday and extend to Tuesday. You should be aware of that
imo this is the last dip, after this you won’t have another dip Avoid high leverage and trade with amount you can afford to lose, DYOR
Ben_quistar
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Today, POTUS Trump will speak at the World Economic Forum in Davos at 5:00 PM CET (4:00 PM GMT).
This might not go as expected, maybe market will panic and go more red. imo, just stay out of high leverage to avoid being liquidated
Keep an eye on $BTC and $ETH charts market will be very volatile, meme coins are dumping harder than them. By the way I see it, we might have 1 more dump just don’t short, wait and buy the dip
Let’s hope $BTC don’t drop beyond 99k
Remember DYOR markets do go the way you want it to be
are these two waves look the same? though $PEPE has no clear momentum for now, I think we might be on the same position as we were back in late April last year, even RSI indicator draw the same pattern. if the pattern really repeats itself then right now we are in consolidation phase(shown by the arrows), the only difference is that this one takes longer than the previous wave we might see upward push very soon one thing to note, avoid FOMO cause #meme_coin volatility is high, and they dump the hardest, don't get caught in the middle if you want to buy now its the chance or wait for the dip (below 1500)
or maybe $BTC 101k was the last dip?, I drew that second elliot wave day before yesterday, thought it will take one more day to reach 101k or below but unfortunately it did today.
so do you think wave 2 is formed already? and we are chasing wave 3
Today, POTUS Trump will speak at the World Economic Forum in Davos at 5:00 PM CET (4:00 PM GMT).
This might not go as expected, maybe market will panic and go more red. imo, just stay out of high leverage to avoid being liquidated
Keep an eye on $BTC and $ETH charts market will be very volatile, meme coins are dumping harder than them. By the way I see it, we might have 1 more dump just don’t short, wait and buy the dip
Let’s hope $BTC don’t drop beyond 99k
Remember DYOR markets do go the way you want it to be
Today, POTUS Trump will speak at the World Economic Forum in Davos at 5:00 PM CET (4:00 PM GMT).
This might not go as expected, maybe market will panic and go more red. imo, just stay out of high leverage to avoid being liquidated
Keep an eye on $BTC and $ETH charts market will be very volatile, meme coins are dumping harder than them. By the way I see it, we might have 1 more dump just don’t short, wait and buy the dip
Let’s hope $BTC don’t drop beyond 99k
Remember DYOR markets do go the way you want it to be
I hope you remember this, $BTC it did went down to 90k just a little below my support zone literally touched the floor of my support zone, thought it did sooner than expected so I have no idea if it will go even more below or it is the last deep
if it proceed going down the support zone, lets all hope it won't go beyond 88k don't get shaken out, buy the dips
Ben_quistar
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$BTC this is my TA, the market follows elliott wave theory, if you zoom out to 1D you will see, I used heikin ashi candle pattern to reduce noise, in my opinion we might see upward movement soon, but many will be shaken out and many will be trapped (bear trap) DYOR
maybe will keep going down to the support level, or below it then begin upward rally be aware don't use high leverage, better trade on spot
as I said here, the support holds pretty well, maybe we see consolidation in next few days then finally be able to break the resistance imo, $ADA has a potential of creating many new ATHs
Ben_quistar
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Bullish
#CryptoMarketDip this is what I drew before the market went down, as we can see $ADA after hitting the resistance level it went down for correction and now is trading at 0.92, as long as it doesn't go beyond support level I am bullish in this trend. So imo we can see little more dip or maybe consolidation before it goes up again to the resistance level. but be careful and trade wisely
$BTC this is my TA, the market follows elliott wave theory, if you zoom out to 1D you will see, I used heikin ashi candle pattern to reduce noise, in my opinion we might see upward movement soon, but many will be shaken out and many will be trapped (bear trap) DYOR
maybe will keep going down to the support level, or below it then begin upward rally be aware don't use high leverage, better trade on spot