I trade crypto for the last three years as my main source of income. Take it with a grain of thought but this is my analysis

/u/Gullible_Location705Cryptocurrency News & Discussion https://ift.tt/eA8V8J

My take is that we are experiencing a mini bear market ala 2021 May ~ July. The general price behaviour is very similar and I think this is consolidation and accumulation before continuing the macro uptrend. The vertical orange lines denote matching PA and RSI on the daily. I’ve sketched out the areas that I think are rhyming with each other. I believe we could see a retest of 40k like we did of 29k in July. I’m buying now and will keep buying as I don’t think we see sub 40k for more than a wick if that.

https://www.tradingview.com/x/F34MEFvw

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