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…
Rekt Capital
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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Rekt Capital
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?
Crypto moves fast
But that doesn't mean profits come just as quickly
People who bought the BTC bottom in mid-December 2018 only started seeing real returns in April 2019
That's 4.5 months
The BTC investment you make today will likely make an impact months down the line
But that doesn't mean profits come just as quickly
People who bought the BTC bottom in mid-December 2018 only started seeing real returns in April 2019
That's 4.5 months
The BTC investment you make today will likely make an impact months down the line