MatthewDixon

Whats worrying here is that #Strategy appears to be 5 clean waves lower, indicating the impulsive direction is down, though we might get a nice three wave recovery before the next major leg down.
Possibly bad implications for #BTC

I expect one of two main possibilities to unfold for #BTC
Both result in further downward movement targeting a potential Q4 low, but the large ABC 'zigzag' correction is far more severe.
We can trade the small countertrend rallies OR sell those rallies.
Divergences have been very telling along the way.
Currently we are still in a downtrend from the $BTC ATH

#DXY may have completed its Wave 4 WXY correction.
If so, the next move should be lower as inflation continues to ease and geopolitical tensions subside, allowing #OIL to soften.
That would provide a supportive backdrop for a #Bitcoin and #Crypto rally.
DCA looks increasingly attractive, in my view.

My roadmap hasn't changed.
I'm using this period to DCA into #Bitcoin while sentiment remains mixed.
I still expect some volatility ahead, but if inflation continues to cool and oil weakens, the macro backdrop should become increasingly supportive. #BTC #Crypto

#ICP price already reacting higher since yesterdays notification

Sometimes the best opportunities emerge when sentiment is at its weakest.
#ICP is testing support with RSI reset and plenty of room for momentum to improve.
A recovery toward the $2.45–2.60 area looks achievable if support holds.

#Litecoin continues to build a constructive base.
A break above resistance could trigger a 10%+ move toward the $49–50 region.
That would likely push RSI into overbought territory for the first time in weeks.
Momentum is quietly improving. #LTC

Nothing changed.
#BTC treading water, following our expectations to the letter.
Still targeting Q4 low for accumulation opportunities and at that time I plan to post top ten #Crypto Multi X assets

Weekly bullish RSI divergence has already produced a constructive bounce in #BTC.
I still expect a grind higher before a final corrective low potentially forms in Q4.
If that plays out, it could present one of the best buying opportunities of this cycle imo

Hard to call in the face of lower than expected #inflation numbers.
We will need to keep a close eye on economic data and geopolitical developments.
I’m still calling for Q4 #crypto & #BTC low

Check out this #OIL chart presented some time ago and see how precisely $OIL price is tracking expectations. So expect a decline now before a SERIOUS rally after the 5th wave down.
That should translate to higher for #Crypto #BTC etc before MUCH LOWER to a trough in Q4

Evidence still supports a meaningful Q4 low across crypto, but #INJ is one of the stronger-looking #altcoins that may hold up better than many if that scenario unfolds.
$INJ trend has improved and put in what looks like a significant low around $2.60–2.80 then gave us a possible five wave advance into the $6.80-7.00 area.
The correction back didnt make new lows but remained above the major Fib retracement zone.
That is much healthier than many alts.
Important levels to watch ...
Support
$4.57 (0.786)
$4.32 (0.618)
$4.14 (0.50)
Price has spent weeks oscillating around these levels.
That normall

#SOL appears to be showing the way at the moment, with a large Flat correction higher entering the final phase.
#Crypto will likely correlate

#BTC is playing out almost exactly as expected.
Probably undergoing a complex b wave before a little higher in c wave to finish correction, then we should resume lower

Just over 2 weeks until the next FED interest rate setting. Almost a 1/3 chance that rates will rise and this is weighing on risk assets #BTC #Crypto etc
Additionally geopolitical uncertainty continues and could flare up at any time.
Caution is warranted imo

Regular Bullish Divergence did its job on #ETH.
We may have a little more upside to come, but if Bearish Divergence develops, it could provide an early warning of the next move lower.
3,3,5 Flat correction could be cautioning the next impulse down
Trade probabilities, not certainties.

Regular Bullish Divergence did its job on #ETH.
We may have a little more upside to come, but if Bearish Divergence develops, it could provide an early warning of the next move lower.
Trade probabilities, not certainties.

Looking for the #BTC inverse reaction to #OIL
Geopolitical issues still being the main price driver in the absence of any major changes in the economic outlook

Here are my expectations for #OIL and we will likely see an inverse reaction for #BTC
So expect a very minor pullback on $BTC before another modest rally a little higher in line with our expectations laid out earlier