I expect the 0.618 retracement to hold in the immediate term.
While the Coinbase partnership is exceedingly good for 0x long-term, in the short term the market is still bearish NFTs and tech stocks. I’m expecting a reflexive rally to move back to the $1.06 – $1.17 range.
https://blog.0x.org/coinbase-partners-with-0x-to-power-new-nft-marketplace/
Bitcoin Cycles and TA: 4/28/22 Bitcoin / U.S. dollar BITSTAMP:BTCUSD Majorcycles We have a Death Cross in a few hours. This by default will make me bearish , but I see a possible fake out […]
Analysis: BiSwap(BSW) Breaking Out; Keep an Eye BSW / TetherUS BINANCE:BSWUSDT Trader_ph BSW has been consolidating for a while, but now it has done a breakout of the triangle pattern and the 0.236 Fib in […]
Current bull patterns to watch Bitcoin / U.S. Dollar GEMINI:BTCUSD DrDovetail This current purple bullflag…of which probability is increasing that it will at least do a breakdown fakeout and send a wick to retest the […]