The price is cheap tho. I believe most coin will pump when the super alt season come. I personally will buy more ADA at 1.50. Good accumulation zone

This post has been edited by mois: Nov 24 2021, 09:21 PM

Something worth to check on. Wykcoff distribution.

This post has been edited by mois: Nov 25 2021, 08:47 AM


Attached thumbnail(s)

Accumulation phase start after heavy dump.
Distribution phase start after heavy pump.

Very tricky situation at major support level 52k-54k. Because that area is heavy support and also the phase E. It could create a last bulltrap before the marked down process. At the moment, I dont see any sign of re-accumulation. See again next week. We bounce from 54k would be too predictable for most traders. But you know la whales, they always go against us. No free lunch.

This post has been edited by mois: Nov 25 2021, 10:10 AM

I personally hope we can bounce from 52k-54k area to make final 5th wave elliot. Need to see how is the price action if we arrive at major support level. We need to see some sign of smaller re-accumulation (1h or 4H). If we break below 51k, Phase E is playing its part.

True. The Composite Man (the whales) always win. Dont be surprised it is wallstreets billionaires doing . Such manipulation. They can copy 1 : 1 on wyckoff distribution chart. All the support and resistance is built by their money. We normal guy wait to be slaughtered

Wow BTC breaking out at the moment.

The volume look like trap. But who know last minute huge candle lol. If breakout is real, it will break the wyckoff Phase E event.

This post has been edited by mois: Nov 25 2021, 07:27 PM

It look like CZ is giving us discount. But yesterday price

This post has been edited by mois: Nov 26 2021, 03:54 PM

No idea. But from total market cap yesterday, they used 200 billion to pump and dump. Anyways, the wyckoff phase D is taking on,




This post has been edited by mois: Nov 26 2021, 04:34 PM

I didnt expect alt to hold this strong. I thought 5% dump in btc = 10-20% dump in alt. ETH not even below 4000 yet.

Welcome. But the Phase E is the scary part . I still hope elliot wave 5 can play its part and bounce. Then Phase E will invalid.

Mind to share what 2017 trend you talking about? Back then 2017 all is ICO season. Best. Whitelist time put 10ETH, after come out 2-3x

4H forming bullish divergence for btc

This post has been edited by mois: Nov 27 2021, 09:33 AM

Another chart to consider. This is S&P 500 weekly chart. Bearish divergence.

This post has been edited by mois: Nov 27 2021, 02:41 PM

We currently touching the Fibo 0.5 on Total market cap (very good retracement). I think total market cap is better indicator than btc price. Can see during 20october (btc 67k) havent touch upper channel. It is when 10 November (btc 69k) touch the upper channel.

Current market cap is sitting inside huge ichimoku cloud (meaning super big support). If this area also broken down, then bear will be in control.

If you ask me how big is the "support", well that area was the resistance that caused May 12 crash and September 7 crash. Such level resistance turned into current support.

This post has been edited by mois: Nov 28 2021, 09:40 AM

Just quick update on BTC chart. If today tidak jadi breakout, before December 6 BTC will need to break out from the falling wedge. Actually BTC havent touch the end of wedge, So I feel abit like trap today (I Assume only ya).

Personally, I will wait for RSI cross above strong + MACD Daily crossover to make sure we still in uptrend. If we break up, target price is whatever the time it touch the upper trendline(January).

However, If we break down it will be swift one and by mid December we will see 40k already . Oh ya if you guys think my chart full of annoying lines and make no sense, let me know so I can stop posting it here.

For the past 4 years. 3 years Decembers is in bullrun. Only 1 time is negative year 2018. To be fair that was bear market.
February May September usually disaster month

ETH is leading the breakout. Looking really strong if survive the retest. It broke trend line resistance + 4550 under 1 candle

I think it was ETH 2.0 news?

Total market cap is 1 inch away from breaking out. So close. If breakout, most of your alt will pump anyways. ETH consider big cap. Difficult to move 100% or 200% upward. Treat it as blue chip.