A beaten burrito, still worth eating. lol.
The markets do not look good. This feels like the bull trap to consolidate Bitcoin in. I'm paying attention to some alts like AGI, POA, ETC, and TENX. There's a lot of low coins right now so it's best to be prepared with some bottom hunting in the next couple weeks and potentially months. I do not believe we'll be bearish for over a year so i'm looking out towards the 6 month period.
I'm still expecting the ultimate low will come when Doge reaches 20 satoshis, then history should repeat itself.
0.236 and 0.618 reversals drawn to show a likely bearish target for ethereum.
This chart shows several concepts. I can identify Ichimoku clouds and Fibonaccis. We also see a "Head and Shoulders," another common terminology. I have yet to understand the relevance of Ichimokus, but if you're interested, it is a topic to research!
I'm more attentive to the Fibonacci levels and paying attention to 0.618 and it's inverse.
By @ retrorecall from TradingView
There are many informative charts on Tradingview, though I try to post the specific charts I find most relevant. I will draw more charts when I really need to reposition personally. At the moment, I still want to hold my Bitcoins.
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