CRYPTO 4 LIGHT
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πŸ’Ž Crypto4light official links - https://t.me/crypto4light/3197
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Its just a beginning =) $XCH Roadmap.
https://roadmap.chia.net/tabs/14-q1-2023
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Today found 2 interesting things on chart. And its blow my mind.πŸ”₯ Which never seen before. Also never seen some way in twitter.
Based on FIb we can use FIB Trend Based FIB Extension. (not retracement)
Two Variations. (depends of how banks count impulse)
1. Impulse from top to 42K. Based on this trend you can see how price react on levels! And now we found resistance exactly at 0.618 level. Based on this level around 1 level it was the bottom and look its crazy 1 level 15000.60. So now my plan with top for 2023 around 31686 and 35628 will be TOP. And this fib will be done.
2. Impulse to 32917 and also levels relevant and in this case we found resistance exactly at current price 0.23 lvl an if we start move down it means we have a room to drop to 14875 and final capitulation 10618.

Conclusion! If we will see BTC over 26-30 it means 1 FIB is correct and we passed bottom if not be ready to see BTC at 10K🀯

And its one more confirmation all price movement programed before...and market move by algorithm
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Sp500 same story. Monthly extension. Touched 0.78 lvl. And we broke 0 level. So if this fib valid the plan with equal low around 3679 in September can play out if not and we see collapse road to 2975 is open. In next months we will see confirmation this ideas.
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πŸ”΄Market Mood
Bitcoin - $23,919 (-2.1%)
Ethereum - $1,646 (-1.2%)
BNB - $309 (-1.3%)
XRP - $0.388 (-2.3%)
Cardano - $0.380 (-3.1%)
Polygon - $1.339 (-4.7%)


Bitcoin dominance - 42.3%
Market capitalization - $1 trillion
Capitalization of DeFi - $49.78 billion

Index of fear and greed - 53 (Neutral)
Useful indicators for analyzing cryptocurrencies from an investment perspective - FREE

➑️ MVRV Z-Score is an indicator that uses blockchain analysis to identify periods when bitcoin is extremely overvalued or undervalued compared to its "fair value". In 2 words, is bitcoin currently expensive or cheap compared to its past price trends

➑️ RHODL Ratio is a metric used in cryptocurrency analysis to measure how long people hold bitcoin before selling it.

➑️ Net Unrealized Profit/Loss (NUPL) is a metric used in cryptocurrency analysis to measure the degree of profit or loss that investors are currently experiencing with their holdings in a particular cryptocurrency.

And here is the site where you can study all the indicators for free - https://www.lookintobitcoin.com/charts/
🏦Weekly timeframe "Take profit" indicator.
Take profit line 33920. The previews idea what I posted yesterday in play. All signals on screen by Trade on Indicator
$btc
Buy line now on BTC at 17073$
#bitcoin
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🟒Market Mood
Bitcoin - $23,479 (+1.2%)
Ethereum - $1,636 (+2.2%)
BNB - $307 (+1.3%)
XRP - $0.377 (-0.4%)
Cardano - $0.365 (+1.0%)
Polygon - $1.269 (+0.4%)


Bitcoin dominance - 42.2%
Market capitalization - $1 trillion
Capitalization of DeFi - $49.45 billion

Index of fear and greed - 50 (Neutral)
#news
πŸ“°News for this week which can affect the price. πŸ”΄πŸŸ’
#news
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