The BAT has been doing its best on the 4-HOUR AASTER chart, nearly 20% up from the harmonic pattern's bottom reversal (officially called PRZ - Potential REVERSAL ZONE).
I'm big on volumes, always, the volumes show SMART MONEY intent, and nothing is confirmed with those fat and nice green candles, prefferably with a stealthy OBV support in the background.
And I can't see any strong bars to confirm the reversal, instead, only the usual weekend ones. Red flag for me. It screams caution. I missed the very bottom entry, at $1.01, no chasing, despite TWO buy signals flashing independently on my chart (one of them being an early ELLIOT'S WAVE impulse detector type).
And the GOLDEN ZONE from below is always strong resistance.
As far as the infamous #DeFiLlama #Drama - ASTER is back on the aggregator, which might have been a catalyst to re-ignite an UPTREND soon.
Since it's Sunday i played with my chart a bit, to show where the 'fake volumes and fees' delisting event happened (5/6 OCT), it caused a LOT of FEAR and doubt. The 10/10 collapse compounded the decline but this thing has been holding very well.
I'm expecting either a final quick sell-off to $1+, or a quick rally towards $1.5+ for the ultimate attempt to break into a rally. All depends on
BTC either closing below the 200 SMA/109k, or above.
💙👽
I'm big on volumes, always, the volumes show SMART MONEY intent, and nothing is confirmed with those fat and nice green candles, prefferably with a stealthy OBV support in the background.
And I can't see any strong bars to confirm the reversal, instead, only the usual weekend ones. Red flag for me. It screams caution. I missed the very bottom entry, at $1.01, no chasing, despite TWO buy signals flashing independently on my chart (one of them being an early ELLIOT'S WAVE impulse detector type).
And the GOLDEN ZONE from below is always strong resistance.
As far as the infamous #DeFiLlama #Drama - ASTER is back on the aggregator, which might have been a catalyst to re-ignite an UPTREND soon.
Since it's Sunday i played with my chart a bit, to show where the 'fake volumes and fees' delisting event happened (5/6 OCT), it caused a LOT of FEAR and doubt. The 10/10 collapse compounded the decline but this thing has been holding very well.
I'm expecting either a final quick sell-off to $1+, or a quick rally towards $1.5+ for the ultimate attempt to break into a rally. All depends on
BTC either closing below the 200 SMA/109k, or above.💙👽
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.