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Alfonso Lazzarano
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BTC 88k
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#BTC update. The analysis made yesterday played out exactly as described. See attached post from yesterday. BTC has repeatedly attempted to break through it (e.g., at 98k, 97.8k, 97.2k, etc.) but without success. This is typical after a significant rise. What’s next? Not much changed, if BTC does not recover and hold 97.2k we are going to wittness lower lows. Looking at historical patterns, repeated rejections often lead to a retest of the channel’s bottom (around 89k in our case). The process unfolds gradually - dump - pump - deeper dump. Position yourself wisely. No one can predict the future with certainty, but the current indicators suggest a bearish trend on BTC. Supported also by the fact that BTC dominace is decreasing (actually 53%) while money is outflowimg from BTC and flowing into altcoins, this is the reason of the rise of altcoins. If you have questions, feel free to ask. I’ll gladly share my knowledge to help you avoid the mistakes I made (even some I repeated this year). However, I won’t make decisions for you; my goal is to guide and educate. Check my previous posts via the attached link to see how my analysis has held up over time. If you found this post helpful, please like, share, and follow for more updates. #BNB #SOL #Write2Earn! #BTC This is not a financial advise. DYOR
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#ETH update. It's not finished yet. The first targed has been reached. The analysis was right. ETH moved to the top of the channel (screenshot redline) 3800. If we have a closure 4h candle and the daily candle above 3800 we will see quickly 4000. A pull back is possible and normal. Finally BTC dominance is decreasing actually it is at 53%. It was important for the grooving of altcoins. Let's see where the market is going. What is your personal opinion based on analysis? This is not a financial advise this is my personal opinion. DYOR. #etherreum #ETH🔥🔥🔥🔥 #BNB #Write2Earn! If you like it please like and share. Follow for more updates.
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#ETH update. The analysis was right. ETH is moving to the top of the channel (screenshot redline) around 3800. I attached another screenshot, the first time the top of the channel was touched in march 2024. Probably ETH will pull back before braking the resistence. BTC dominance is going to decrease, actually it is at 56.06%. This is important for the grooving of altcoins. A good support is still at 3300. Let's see where the market is going. What is your personal opinion based on analysis? This is not a financial advise this is my personal opinion. DYOR. #etherreum #ETH🔥🔥🔥🔥 #BNB #Write2Earn!
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