Crypto Knight
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πŸ’° #BTC is testing the confluence of neckline of Double Top + EMA 200 on weekly🧐

We are going lowerπŸ“‰ Wait for a break downside!
πŸ’° #BTC #Bitcoin

One more weekly chart with a bearish picture🧐

Solid breakout off the Rising Wedge formationπŸ”», + we have an end of a bullish trend (Elliott Impulse Wave is over)

Most likely we revisit 19250$ - 21650$ zone for a more accumulation! Buy the dip hereπŸš€
LONG #SXP - Lev x10
LONG #MANA - Lev x10
πŸ’° $SOL

Expecting #SOL to retest 13$ support zone in short-termπŸ“‰

πŸ”»Rejected off the confluence of 26.70$ resistance zone + 61.8% fib
πŸ”»Broke below the confluence of EMA 50, 100 & 61.8% fib

Brake below 20$ will serve an additional confirmation for the bearish case🐻
#TOTAL Crypto Total Market Cap vs. πŸ’° #BTC Halving 🧐

Previously it took 791 Days of accumulation before we started the Bull RunπŸ“ˆβ˜οΈ

Currently we are accumulated for only 448 Days β†’ Assume we will see more correctionπŸ“‰ before the Halving 2024 and $840 bln MC Level will be retestedπŸ”»

As well compared to previous cycle we started rally 50 Days before the Halving 2020, which means we now have a room for more price development🎒

🟒The nature of Price Action is very similar

History does not always repeat itself, but it often rhymes🀌
πŸ‘Ύ #Altcoins Market Cap

$Alts still have room for more downside

Previous bear market #Total3 dipped -92%πŸ“‰ Currently we are only down -74%πŸ“‰

Prior Structure: Distribution β†’ Dump β†’ Consolidation (range) β†’ Dump

Current Structure: Distribution β†’ Dump β†’ Consolidation (triangle) β†’ now it's step 4 πŸ’β€β™‚οΈ

Think we will get a better chance to accumulate altcoinsπŸš€πŸ˜œ
πŸ’° $BNB #BinanceCoin 4

#BNB is only down -72%πŸ“‰ Now we are sitting at the confluence of $225 major demand zone + 0.382 fib extension🧐

The range looks to be a re-distribution (can be confirmed by the breakout below the mentioned confluence)

I expect a more discount on BNB πŸ“‰

🎯 1 Target - 0.5 fib
🎯 2 Target - 0.618 fib
Now it's time to fill the lower gapπŸ“‰

[ $21250 - $20300 CME Gap ]

Gaps are being filled with a probability of 90%βœ…

πŸ’° #Bitcoin CME