Sampler_Trader
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Hahaha hold on, here comes the melting
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BTC RISES, ALTCOINS FOLLOW. BTC BENCHMARK OF THE ALTS
Skyrexio
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BTC Dominance: We Warned You And It's Happening
Hello, Skyrexians!
A lot of hating comments we received under our recent $BTC dominance analysis. Now we sure that market always go against the crowd. This is the super valuable experience and we want to say thanks to all haters. Now let's update this idea, try to understand the structure on the wave 5 drilling into lower time frame.
Let's take a look at 12h time frame. We can see that after the spike in the wave 3 price retraced with the ABC zigzag and started the new wave 5. Waves 1 and 2 inside this wave have been finished. Wave 2 reached exactly 0.61. Now we can measure wave 3 target. 1 and 1.61 are the potential target. The most realistic one is 64.7%. Then we expect the wave 4 and the last leg up into subwave 5. Always look at the divergence on the Awesome Oscillator to measure the trend end.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
A lot of hating comments we received under our recent $BTC dominance analysis. Now we sure that market always go against the crowd. This is the super valuable experience and we want to say thanks to all haters. Now let's update this idea, try to understand the structure on the wave 5 drilling into lower time frame.
Let's take a look at 12h time frame. We can see that after the spike in the wave 3 price retraced with the ABC zigzag and started the new wave 5. Waves 1 and 2 inside this wave have been finished. Wave 2 reached exactly 0.61. Now we can measure wave 3 target. 1 and 1.61 are the potential target. The most realistic one is 64.7%. Then we expect the wave 4 and the last leg up into subwave 5. Always look at the divergence on the Awesome Oscillator to measure the trend end.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
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As expected, the support region was respected, where the bulls absorbed the fall, precisely in the 50% Fibo region represented by the blue line. This is represented on the 4H chart. We have an average of 34 on the face, but it does not affect the rise. And we also see a fair value. However, since it is a 4H chart, I am not worried.
Now, based on the daily chart, we see the continuation of the upward movement. It is firm and determined.
On the weekly chart, we have not even started the effective rise. There is a lot of growth ahead. Do not liquidate your Spot positions.
In the images, we have the possible targets of this cycle. #galagames #GALA/USDT #GALAtothemoon #TopCoinsSeptember $GALA
Now, based on the daily chart, we see the continuation of the upward movement. It is firm and determined.
On the weekly chart, we have not even started the effective rise. There is a lot of growth ahead. Do not liquidate your Spot positions.
In the images, we have the possible targets of this cycle. #galagames #GALA/USDT #GALAtothemoon #TopCoinsSeptember $GALA
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#gala The fact is that the correction was healthy, finding support in a 50% fibo region. We can see that the region is being absorbed. And the buying flow is back in. Now we have to see if the volume will confirm it. Next targets see photo. #GALA/USDT #GALAtothemoon $GALA
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