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@tausen

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@tausen
Pretty confident in the market view 🎯
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@tausen
$BTC 🚀 🔞
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@tausen
Here's a quick update on $BTC: It's time to monitor the 4-day timeframes. I see the bottom at 57-58K and am fairly confident that it is forming the next leg up 🔞
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Check this out! I'm getting onboard with an offering on OKX Drops. Join us now. @okxweb3 https://www.okx.com/web3/marketplace/launchpad/event/layer3
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First, check the horizontal blue lines on the price chart. Local tops are consistently very close to each other, around 5% lower each time. However, when you examine the bottom, the RSI drops almost 50% every time and fails to recover simultaneously. $PENDLE appears to be done. Ask yourself a simple question: Why buy? I personally don't see any reason. But if you do, don't worry; go your opposite way 🔞
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I drew a blue line replicating the green Bollinger RSI. It consistently crossed below the 50 RSI level from local weekly/4-day peaks. In my opinion, we will be in a downtrend for the next 2-4 weeks, followed by a significant upward movement 🔞
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$BTC - no comments needed 🔞
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@tausen
Six months ago, $BTC showed bearish divergence, yet it recently hit an ATH. A year ago, it was $19,500. Technical Analysis (TA) is overrated. Were there any negative news? Nope, so why the drop? 🔞
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