Osemka8

[ $TAO ]
To not keep this only for subscribers, as I'm sure lots are uneasy, I'll say that this structure now looks much better than it did before.
We've missed the weekly demand zone with A wave and there was an abnormal sell volume like 2 days ago as the price was chopping in B wave.
Now we've hit:
- 200 EMA 4H
- weekly demand
- lower part of the channel
... in a perfect local ABC with some FUD on C leg. I remain of the opinion that one impulse is missing. To at least $440 is what I'd say atm.
Also went for a long here.
Let's see if TA > FUD

[ $TAO ]
To not keep this only for subscribers, as I'm sure lots are uneasy, I'll say that this structure now looks much better than it did before.
We've missed the weekly demand zone with A wave and there was an abnormal sell volume like 2 days ago as the price was chopping in B wave.
Now we've hit:
- 200 EMS 4H
- weekly demand
- lower part of the channel
... in a perfect local ABC with some FUD on C leg. I remain of the opinion that one impulse is missing. To at least $440 is what I'd say atm.
Also went for a lomg here.
Let's see if TA > FUD

We've entered "Extreme fear" on Jan 30th and have only seen two days in "Fear" (index above 25). That's total of 65 days in Extreme fear since.

[ $VELO ]
We've now closed the weekly outside the RSI resistance for the first time in a 1,5 years. Here we'll find out if our macro analysis is correct or not.
This would be the start of a higher trend shift and would continue for a few years.
Structure is clear, support was clear, now we'll only know in hindsight if confirmation was correct too (

Macro inflection point on alts. Which way, bros?

Long or short?

Bear markets start with altcoin weakness against $BTC, not when bottoming against it

Lines the bulls and the bears have drawn to come to the same conclusion that the price is going to accept lower or much lower from here.
But there's one big difference between these two situations. Anyone?

One last quick plunge lower? $XRP could be telling that story

Monthly volatility on $BTC has never been this tight
Periods of Bollinger bands squeezes typically produce expansions in volatility, when it gets released. Now it depends in which direction.
If to the downside, then crypto goes to literal zero. So careful what you wish for and which side you're on