$BTC yearly highs🔥🔥. Hold 38k and we see 40k in no time. | crypto_quant på Binance Square

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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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After that #DOJ news against cz and binance, crypto markets had a little correction as expected. $ETH is holding those 1900 lows (12h range) for now. if it retests monday lows, then we can expect that it will be going for those 2150 highs. While #AI_coins like $RNDR and $AGIX held their previous weekly accumulation/breakout ranges(3 and 0.27),had a proper retest in 4h tf and are going up for further continuation. Also, It's disappointing to see #FET had a nasty 4H break down of those weekly range. #Eth #RNDR #agix

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