BTC - 1W update:
https://twitter.com/rektcapital/status/1176885094860185601?s=20
https://twitter.com/rektcapital/status/1176885094860185601?s=20
Twitter
Rekt Capital
$BTC - 1W The concern towards a weakening $9,500 support turns out to be a very legitimate one as $BTCUSD finally resolves its 90-day macro market structure with a breakdown The Descending Triangle is complete #Bitcoin #Crypto
Rekt Capital
ETH/USD - Fails the 200 EMA retest: https://twitter.com/rektcapital/status/1176491007606738944?s=20
ETH/USD - Retraces the entirety of its recent move, reaches the bottom of its macro channel:
https://twitter.com/rektcapital/status/1176886551323795458?s=20
https://twitter.com/rektcapital/status/1176886551323795458?s=20
Twitter
Rekt Capital
$ETH #ethereum Reaches the bottom of its macro channel, cancelling out its entire move of the past few weeks, nullifying any bullish momentum it had built up in the process $ETHUSD needs to hold the bottom of its channel to retain any semblance of bullish…
Rekt Capital
QNT update: https://twitter.com/rektcapital/status/1174737230235099138?s=20
QNT update - Overextended RSI foreshadows breakdown:
https://twitter.com/rektcapital/status/1176887973465460736?s=20
https://twitter.com/rektcapital/status/1176887973465460736?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant Though #Bitcoin's latest breakdown contributed to its bearish turn of events, QNT's overextended RSI turned out to be a very valid concern QNT broke down from its red area & is in the process of a potential S/R flip of red into resistance…
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BTC - 1M update: https://twitter.com/rektcapital/status/1157686268911935491?s=20
BTC - 1M update:
https://twitter.com/rektcapital/status/1176894843966185473?s=20
https://twitter.com/rektcapital/status/1176894843966185473?s=20
Twitter
Rekt Capital
$BTC - 1M #Bitcoin's price in the context of its old 1M range is relevant again given the drastic shift in the market $BTCUSD revisits its 1M range & is potentially flipping the Range EQ (~$8,500) into a resistance on the 1D If successful - lower range levels…
Rekt Capital
ETH/USD - Retraces the entirety of its recent move, reaches the bottom of its macro channel: https://twitter.com/rektcapital/status/1176886551323795458?s=20
ETH/USD - Holding the bottom of its macro channel
https://twitter.com/rektcapital/status/1177586074610294784?s=20
https://twitter.com/rektcapital/status/1177586074610294784?s=20
Twitter
Rekt Capital
$ETH #ethereum Holding the macro channel bottom well so far, producing some long downwards wick below it in search of liquidity While market capital has flowed away from $ETHUSD, the fact that it is holding here is helping that capital move into smaller $ALTS…
Rekt Capital
LTCBTC update - rejection from a key level standing in the way of a new market cycle: https://twitter.com/rektcapital/status/1176096516349530113?s=20
LTCBTC update - Higher Low in an area of historical demand:
https://twitter.com/rektcapital/status/1177591902646018049?s=20
https://twitter.com/rektcapital/status/1177591902646018049?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin Blue is an area of historical buy interest However, the demand here hasn't been as immediate & volatile as in previous cycles That said, $LTCBTC has formed a Higher Low on higher timeframes Keeping an eye on this blue triangle for now…
BTC 1M chart - Four months later and the same rules apply on BTC's Monthly chart:
https://twitter.com/rektcapital/status/1178382567348805632?s=20
https://twitter.com/rektcapital/status/1178382567348805632?s=20
Twitter
Rekt Capital
Almost 4 months later and the same exact rules apply to #Bitcoin's price action on the Monthly chart #Crypto $BTC https://t.co/GXIGcA3SND
Rekt Capital
ETH/USD - Holding the bottom of its macro channel https://twitter.com/rektcapital/status/1177586074610294784?s=20
ETH/USD - Rebounds +15% from the bottom of the macro channel, straight into immediate $185 resistance
Breaking $185 would be interesting as it could open up for a return to $200 and perhaps even a return to the 200 EMA so as to test it as resistance.
Until ETHUSD breaks past $185 - that's all for now:
https://twitter.com/rektcapital/status/1179018034201186305?s=20
Breaking $185 would be interesting as it could open up for a return to $200 and perhaps even a return to the 200 EMA so as to test it as resistance.
Until ETHUSD breaks past $185 - that's all for now:
https://twitter.com/rektcapital/status/1179018034201186305?s=20
Twitter
Rekt Capital
$ETH #ethereum Rebounds from the bottom of the macro channel for a +15% rally, straight into immediate $185 resistance $ETHUSD breaking up past $185 would be interesting (more about that in my Free Telegram https://t.co/6rq2ZDy6fK) Until then - that's all…
Rekt Capital
BTC update: https://twitter.com/rektcapital/status/1177267602701398020?s=20
BTC update - Bounces +10% from the bottom of the 1M range towards the Range EQ (~$8,500):
https://twitter.com/rektcapital/status/1179013199800279041?s=20
https://twitter.com/rektcapital/status/1179013199800279041?s=20
Twitter
Rekt Capital
$BTC - 1M Perfectly tests and rebounds from $7740, rallying towards the next immediate resistance that is the Range EQ (~$8,500) Unless #Bitcoin flips $8,500 into a support, $7770 - $8500 will continue to be BTC's playground for the time being #Crypto
Rekt Capital
BTC 1M chart - Four months later and the same rules apply on BTC's Monthly chart: https://twitter.com/rektcapital/status/1178382567348805632?s=20
BTC 1M chart update - New Monthly candle opens as green:
https://twitter.com/rektcapital/status/1179052407701065728?s=20
https://twitter.com/rektcapital/status/1179052407701065728?s=20
Twitter
Rekt Capital
$BTC - 1M #Bitcoin's new Monthly candle opens as green This shows that $BTCUSD was able to bounce from the bottom of its 1M range towards the middle of this range $7700 - $8500 will continue to be BTC's playground, unless BTC manages to break past 8500 resistance…
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LTCBTC update - Higher Low in an area of historical demand: https://twitter.com/rektcapital/status/1177591902646018049?s=20
LTCBTC update - Higher Low continues to hold:
https://twitter.com/rektcapital/status/1180107360804769794?s=20
https://twitter.com/rektcapital/status/1180107360804769794?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin The Higher Low of the blue triangle continues to be respected, which is a good sign $LTCBTC is simply coiling into the apex of this pattern, inching towards a stronger move with each passing day #Crypto
Rekt Capital
BTC 1M chart update - New Monthly candle opens as green: https://twitter.com/rektcapital/status/1179052407701065728?s=20
BTC 1M chart update - New Monthly candle sandwiched at the lower half of its 1M range:
https://twitter.com/rektcapital/status/1181214908584734720?s=20
https://twitter.com/rektcapital/status/1181214908584734720?s=20
Twitter
Rekt Capital
$BTC - Monthly View Over the past week, little has changed in terms of the 1M $BTCUSD rejected from $8,500 before revisiting $7,770 where it lately rebounded from Overall, BTC is still sandwiched in between the Range EQ and Range Low until further notice…
Rekt Capital
BTC update - Bounces +10% from the bottom of the 1M range towards the Range EQ (~$8,500): https://twitter.com/rektcapital/status/1179013199800279041?s=20
Twitter
Rekt Capital
$BTC - 1M Rejection from the Range EQ (~$8,500) before returning to the bottom of the Range ($7,770) On two previous occasions, $BTCUSD merely wicked towards $7,770 whereas now BTC is candle closing just above this level Needs to hold here to protect the…
BTC retraced -45% prior to Halving 1 whereas BTC has now retraced -44% prior to Halving 3:
https://twitter.com/rektcapital/status/1181219349983617024?s=20
https://twitter.com/rektcapital/status/1181219349983617024?s=20
Twitter
Rekt Capital
Bitcoin experienced a -45% retrace prior to Halving 1 before resuming its bull trend A -45% retrace for #Bitcoin right now would lead to a price of $7,650 $BTC recently rebounded from $7,770 yet again At the moment, things are looking quite similar #Crypto
BBitcoin tends to rally exponentially after the Halving
So from a purely ROI perspective, the short-term fluctuations in BTC's price prior to the Halving don't really matter
What matters is that your bags are sufficiently packed for after the Halving
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
So from a purely ROI perspective, the short-term fluctuations in BTC's price prior to the Halving don't really matter
What matters is that your bags are sufficiently packed for after the Halving
https://medium.com/swlh/bitcoin-halving-everything-you-need-to-know-4573dc5b528e
Medium
Bitcoin Halving — Everything You Need to Know
How does the Bitcoin Halving affect Bitcoin’s price?