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
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)
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
$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
#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