BTC - 1W update:
https://twitter.com/rektcapital/status/1174626548789460993?s=20
https://twitter.com/rektcapital/status/1174626548789460993?s=20
Twitter
Rekt Capital
$BTC - 1W Blue diagonal continued to weigh down on price to force the breakdown from $10,000 $BTCUSD is once again near $9,500 - the level to watch Some wicking past $9,500 could occur but a 1W close above $9,5K needs to happen to stave off further downside…
Rekt Capital
ETH/USD - Reaches the 200 EMA: https://twitter.com/rektcapital/status/1174050216749740039?s=20
ETH/USD - Breaches the 200 EMA:
https://twitter.com/rektcapital/status/1174732335729823744?s=20
https://twitter.com/rektcapital/status/1174732335729823744?s=20
Twitter
Rekt Capital
$ETH #ethereum ETH breaks past the 200EMA 🔥 A 1D close above the 200EMA would confirm a major shift in market sentiment across $ALTS $ETHUSD is a leading indicator for Altcoins so a confirmed break past the 200 EMA will confirm a new phase in the #Crypto…
Rekt Capital
ETH/USD update - 1W macro range: https://twitter.com/rektcapital/status/1172955742539780096?s=20
ETH/USD update - 1W macro range trend reversal:
https://twitter.com/rektcapital/status/1174734020162330625?s=20
https://twitter.com/rektcapital/status/1174734020162330625?s=20
Twitter
Rekt Capital
$ETH $ETHUSD #ethereum - 1W ETH performs a trend reversal from the bottom of the channel and rallies +34% in the process #Crypto
Rekt Capital
QNT update (+40%): https://twitter.com/rektcapital/status/1173585545764790272?s=20
Twitter
Rekt Capital
$QNT / $BTC #quant Since reaching the green area, sellers have been eagerly selling here But dips in QNT's price are being bought up; the long downward wicks show this QNT is trying to claim this green area as a support It'll springboard higher should it…
Rekt Capital
LTC/BTC update: https://twitter.com/rektcapital/status/1174629762108743680?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin On the 1W, $LTCBTC looks have to have faked out past the resistance but there's no rejection In fact, buyers are still active here A 1W close above 0.0073 will show that this upward fakeout wick merely occurred to dispose of higher…
Rekt Capital
ETH/USD - Breaches the 200 EMA: https://twitter.com/rektcapital/status/1174732335729823744?s=20
ETH/USD - Retesting the 200 EMA as support:
https://twitter.com/rektcapital/status/1176077490302967809?s=20
https://twitter.com/rektcapital/status/1176077490302967809?s=20
Twitter
Rekt Capital
$ETH #ethereum It is Day 4 of the Ethereum pullback towards the 200 EMA Yesterday $ETHUSD managed a small downward wick past it, which got bought up This has translated into some small, single-digit gains across the Altcoin market ETH needs to hold here 💪…
ETH/USD - Fails the 200 EMA retest:
https://twitter.com/rektcapital/status/1176491007606738944?s=20
https://twitter.com/rektcapital/status/1176491007606738944?s=20
Twitter
Rekt Capital
$ETH #ethereum Fails to hold the 200 EMA and breaks down convincingly from it $ETHUSD will be looking to form a Higher Low on this latest retrace to retain some of the bullish momentum it had gained over the past few weeks #Crypto
Rekt Capital
LTCBTC update: https://twitter.com/rektcapital/status/1176096516349530113?s=20
LTCBTC update - rejection from a key level standing in the way of a new market cycle:
https://twitter.com/rektcapital/status/1176096516349530113?s=20
https://twitter.com/rektcapital/status/1176096516349530113?s=20
Twitter
Rekt Capital
$LTC / $BTC, #Litecoin On the 1W, $LTCBTC looks have to have faked out past the resistance but there's no rejection In fact, buyers are still active here A 1W close above 0.0073 will show that this upward fakeout wick merely occurred to dispose of higher…
Rekt Capital
BTC - 1W update: https://twitter.com/rektcapital/status/1174626548789460993?s=20
BTC - 1W update:
https://twitter.com/rektcapital/status/1176493501820936192?s=20
https://twitter.com/rektcapital/status/1176493501820936192?s=20
Twitter
Rekt Capital
$BTC - 1W The Weekly close confirms a stronger follow through on the rejection from the blue diagonal resistance $BTCUSD has reached the ~$9,500 area again Some wicking past $9,500 could be on the cards A 1W close below $9,500 would spell further downside…
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…
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