The nightmare variant of #btc correction on monthly TF is a repeat of 2021-2022, where a double top was formed on hays and then the price was rolled down hard.$BTC
If it happens again, but with a smaller amplitude, we may see a decline to 45-40k$, thus forming an ascending triangle and a push to ATX and then a shot to 100k$.
Looking through the channels, I saw that many people are expecting an alt season/Trump's victory/Growth of 100k+ , but as we know, the market is doing exactly the opposite)
No one knows how things will develop further, but clearly there will be a surprise factor. $BTC
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🔹 #Ethereum looks very optimistic at the moment🐃 Massive Cup and Handle Breakout and Bull Flag Pattern🧐 We now have a bull flag breakout and supply zone crossing above $2600.🔥 If the breakout of the $2600 supply zone is confirmed, then the next stops will be 🎯$3050 and 🎯$3340 Supply Zone.📈
Despite my expectations, #BTC did not give us a fall and maintained a bullish structure.🐃
We are currently breaking out of the bull flag.🔥 With this bullish momentum, we could see a rise to the 0.236 Fib - $57K.📈 #TradeNTeel #Write2Earn #BTC
📈 Seems 💰#INJ Follows the growth cycle PERFECTLY 🪙#SOL
The charts for Solana Q3 2021 and Injective Q1 2024 are completely similar:
- Horizontal consolidation that lasted 2 months. - Growth after consolidation - Three touches of consolidation level during distribution after pumping.