Trend Adjustment
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Tipping Target 2 and going this way and that has proven to Money Man that his trend lines were not on point. He has noticed anomalies appearing in ETH and BTC’s build-up in pressure. It is clearly time to update. Green Target 1 is so close, especially considering percentages that it could be ignored or acted upon with minor size. There is enough energy built up here for a 2K move without breaking a sweat. 50 000 has got many scared, but what a lovely situation a breakthrough would be. Added that the chart is whispering just that, spells big FOMO and a possible fake out on top (once the buying dries up).
Conclusion: This coiling can only last for so long before something breaks. Are we waiting for the futures to open or are we going to see a gap? Nothing is certain, but the chart is saying what the chart is saying so all that is left is the calculated doing. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further, Please follow if you see this analysis thread going somewhere you would like to know about.
Conclusion: This coiling can only last for so long before something breaks. Are we waiting for the futures to open or are we going to see a gap? Nothing is certain, but the chart is saying what the chart is saying so all that is left is the calculated doing. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further, Please follow if you see this analysis thread going somewhere you would like to know about.
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