Asymmetry

2021-06-24 14:48:49 LTC/USD - Analysis! Price closed above the $120 level of support and area which has held up well over the past few weeks. We have resistance located at $150 with the double confluence of the counter trendline and the 0.618 retracement from the recent swing high to the swing low. A break above both these areas would be a strong bullish signal to target $200 following the break Open / Comment

2021-06-24 12:30:53 BTC dominance finding resistance at 48% Would expect dominance to move within this channel for the next few weeks. If we see dominance begin to fall and test the lower boundary, this will be GOOD for altcoins in the short term. To invalidate this scenario, dominance will need to break above 48% Open / Comment

2021-06-23 18:28:18 Everybody has been talking about BTC price being in a Wyckoff accumulation, but what does that exactly mean
Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market.
The emphasis of his method was to anticipate what the institutions will do compared to the average trader.

For example, more recently, we had a break of support which would have fooled the average trader for the price only to recover back to its original range.

In the current phase, we are supposedly in re-accumulation, which allows big institutions to re-accumulate at lower prices before the next move up.

IF this is a re-accumulation price, it should follow a similar pattern drawn with price, ultimately breaking the range and consolidating as support.

To invalidate this pattern, a break and close below daily support will need to happen Open / Comment

2021-06-22 18:36:14 Open / Comment

2021-06-22 18:11:20 Message @cryptochriss for VIP access details Open / Comment