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#FLOKI/USDT breaks the diagonal trendline and looks heavy in 4-Hour TF! FLOKI breaks the PWL $0.000217 support level. The local resistance level is PDH $0.00025. The next support level is $0.0001615. Wait for a retest to short #FLOKIUSDT. #Memecoins #BinanceLaunchpool #BullorBear

#FLOKI/USDT breaks the diagonal trendline and looks heavy in 4-Hour TF!

FLOKI breaks the PWL $0.000217 support level. The local resistance level is PDH $0.00025. The next support level is $0.0001615.

Wait for a retest to short #FLOKIUSDT.

#Memecoins #BinanceLaunchpool #BullorBear

Aviso legal: Se incluyen opiniones de terceros. Esto no representa asesoría financiera. Lee los TyC.
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5 PHASES OF BITCOIN HALVING 1. Pre-halving period Approximately 15 days remaining until the Bitcoin Halving in April 2024 Historically, any deeper retraces that occure during this period tend to generate fantastic Return On Investment for investors in the several months after the Halving This upcoming period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin Specifically, there is a 30-day window or so where a deeper retrace could occur, between now and the Pre-Halving rally which we will discuss next 2. Pre-Halving rally Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue) In anticipation of the Halving, investors “Buy the Hype” in an effort to “sell the News” Short-term traders and speculators “Buy the Hpye” several weeks before the Halving in antcipation of making a profit, contributing to a pre-Halving retrace which occurs only a handful of weeks before the Halving event itself 3. Pre-Halving retrace A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle) In 2016, this Pre-Halving retrace was -38% deep In 2020, this Pre-Halving retrace was -20% deep This Pre-Halving retrace can last multiple weeks, making investors to question whether the Halving was a bullish catalyst on price after all 4. Re-Accumulation The Pre-Halving retrace is followed by multi-month re-accumulation (red) Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving 5. Parabolic Uptrend Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green) It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs. #HotTrends #GALA #pixel #BTC #PYTH
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