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The crypto market may be bottoming but...

Güncellendi

But a crash may be first.

Another crazy scenario of mine about the crypto market.

I believe we might be looking at a redistribution range after the giant distribution range. And this is a potential outcome. Make this range an accumulation range and go.

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And what if BTC already bottomed and it will only test 18k while alts are getting massacred to bring down the market 40%?

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This easy -18% on ETH/BTC for example.

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LTC is one of my favorites. I insist that this chart is bearish. For now at least.

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BNB. What will it do after this weekly candle that looks like a rejection?

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This idea does not suggest "buy buy buy when TOTAL hits 580B" btw. It just says pay attention there.

See what the market does for a few days at least. Does it look like it's gonna be a spring? Is the market strong in spite of the fear of the masses?

If you are out of the market right now, consider buying your favorite coins very slowly around there maybe.

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Market is bearish. BTC.D is bullish. Might be an interesting week.

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Another example. One of the stars of the rally. This is not a pullback. This is distribution. It's dangerous.

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Last piece missing? Maybe.

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If this is a true bottom, it is unlikely imo but anyway, we should see way longer accumulation than this. I'm not interested even with hedge positions yet. The top is strong. A quick up thrust will be a UTAD imo.

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Which makes more sense?

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That's why I'm saying looong reaccumulation is needed. Either that or the natural outcome is crazy reversal imo.

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Short-term TA:

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I'm not sure what's going on to be honest :D 1.618 extension is the resistance for now. DXY is bullish. Either this was just a lower high or a blow-off top is coming.

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All I know is that I'm not interested.

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Good to see there is still no trend. Simply 3rd blow-off.

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This is not bull market characteristics. You just need to scroll to left a little bit to see what a bull market is.

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Wow what a pullback. I'm impressed. Buy the dip lol.

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Inflation peaked narrative is getting destroyed. It was bullshit anyway. Crypto will wake up.

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UTAD until proven otherwise.

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I know it's different. But the idea is the same.

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Here is a bullish chart. 108 looks obvious.

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open.spotify.com/track/4VqGRYxeWXLGtZLOywd1uB

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Let's have a dose of reality.

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1) What

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SOL to $29 pls.

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MATIC to the moon. It's gonna be very cheap shorts hehe.

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I am not a trader.

open.spotify.com/track/5QD28FqaM3jTfsqWwvRZwv

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Here is a bull case.

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Correction to the rally. consolidate on a demand line. Failed h&s.

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Ot not failed h&s. Depends on how you measure.

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19.300-19.500

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Makes sense, doesn't it? 19.300 -> 29.500 -> 31.500 and it makes the big decision after that.

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Don't let them deceive you with non-log charts like 'Oh look how much we are down. This move is nothing bla bla.' No. We have a monster distribution range and we are automatically looking for redistribution. Period. Invalidate this and we will have talk about bullishness.

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We just need to smooth this out somehow to make this a good top.

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open.spotify.com/track/2EmEXCi8ue7p5Xqmqz10kW

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Some meaningful ranges.

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The Bollinger Band says it all. Unfortunately we are going to $-1167 :(

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Buıt that's good news. Because negative price means seller pays you. Not the otherwise.

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What is it doing?

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Fun bait on ETH. Distributors.

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This ETH chart is screaming 'I am distributing on you.' Looks so obvious it might be wrong lol.

Feragatname

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