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crypto_quant
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$AVAX had a perfect retest at around 21.5 in 4h timeframe which was it's previous weekly resistance . Hoping for continuation towards 29.
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AVAX
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-2.16%
95
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$BTC yearly highs🔥🔥. Hold 38k and we see 40k in no time.
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If $BTC holds 38k and form a new 12h range. I think we continue higher. It just need to close above 38k for the next 12h candle and we see 42k anytime soon. Hopefully #BTC do this and gives a window for small alt season.
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$MDT . The short was on cards once it rejected 12h range. But unfortunately it was very difficult to time the trade, since it pumped 20 percent just before that violent dump.
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$FET , #agix , $RNDR and $DYDX . They have almost same structure . Broken those weekly accumulation ranges after staying there for 12-18 months. Retested after that Bitcoin dump. Had a strong bids at those yellow lines , Resistance became support. continuation for another leg upside now. Same pattern, different charts...
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$BTC and $ETH needs to reclaim those Monday highs(blue line) for any upward continuation. Meanwhile most of the alts are bleeding slowly while bitcoin failing to reclaim Monday highs . De-risking altcoin longs until further strength confirmation is not a bad idea here . Looks like, Only Juice left here is Building spot bags of strong alts like #dydx , #FET , #RNDR and #agix , which broke their weekly accumulation ranges recently until further invalidation .
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