These six statement from january/february summarize my thought on early 2022, is coming true but this continues to be my macro view. Probably bottom will be longer , we are going to see some relief here at 34k, looks like a local bottom and tomorrow around 15pm utc we are going to bounce again as usual on monday recently.

But btc price will go lower probably a deviation to 26k and eth to 1600$

This is probably one of my favorite chart/TA for me

https://twitter.com/criptopaul/status/1484536846243799041?s=21&t=oGPiXE8JXLno1EFZjupDPA

26-24k for ethereum equals to 1500-1600, where we could see large liquidations and huge short squeeze / deviation, commons fake breakout

Expecting a bounce and some relief today in few hours when Usa stock market will open.

But as said in bear market every bounce is momentary, we continue to see lower lows, its a fact.

Takes time before building a solid support and a total trend reversal o, patience is the key , do not be hasty and emotional.



Even a big bounce between 36-38k would not be a trend reversal at this phase.

https://twitter.com/criptopaul/status/1481304854765129731?s=21&t=qOoxQ7VNar9mlHJw6jR8nQ

How identify a new accumulation phase again and its support. Decrease in volume in an area where buy pressure begins to be good and greater of sell pressure finallu and start of HH and LH on the chart.

Need months.

Noodles indicator... i was waiting for you.

2016/2018/2020/2022

Will history repeat itself?

#Ethereum is behind 10% of #btc  by the chart. It means $eth will recovery of lost ground .

For understand $eth is where $btc was at 33.500$

$Eth has always delay moves like in bull market, first $btc pump then eth will overperform.

This mean ethbtc will dump soon.

Be ready for the worst scenario on eth.

For who didn't understand Luna Lfg 42k btc wallet started to move his funds
(https://bitinfocharts.com/bitcoin/address/bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q)

And sending 32k to okex, probably to defend the peg for UST

Can i add it to my collection from 2021?

https://twitter.com/criptopaul/status/1474380220144799745?s=21&t=vapSTaZ8lJq1KWJMy84euw

Talking back about this indicator, i built it in 2018 bear market based on atr, volume, rsi .

Was just born for help me for identify trends exhaustion phases where panic sell start from retail investors so low volume, this mean where large investors has already did their moves then retail investors start to panic sell just where large investors start to buy again. Its just how we can able to see divergence on chart for example (rsi rise-price drop)

All my TA studies are based on Wyckoff theory:
https://school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method

I think basing TA on trendlines is misleading, just because bid and ask are horizontal levels, knowing how to identify areas of accumulation, expansion and distribution is the key imo.

This can only be helped by comparing as well PA , market strength and volumes after expansions or large movements at the bottom.

For finish, this indicator is not magic, helps me find those accumulation phases, but building a bottom pattern can be very long. That’s why I think we could still see 26-28k for btc and 1800-1500 for eth like