Technical analysis by Sinsuci about Symbol BTC: Buy recommendation (12/5/2023)

Sinsuci
[BTC][BTC.D][TotalCrypto]

BTC :No divergence monthly / weekly, still bullLittle bearish div daily, but trend is strong would see another last pump to 38k before breathing a bit (if no close under 34k : worst case retest 30k)BTC dom :Daily : fake local bottomStill bullish, maybe a retest on 51,3% before going 55,5% (should create a weekly div)Monthly target is still ~60% (spike test) and minimum 57% (close)Total Crypto market :If the crypto market really does an ascendant triangle we're nearly at the top of the retest and what we're seeing on the overall market is just a deadcat bounce...If we close above the resistance we should live an other hypercycle that at least bring an ATHSeeing no div, another pump to 1,306T / 1,448T should come (maybe a daily retest on 1,284 or 1,269T)A deadcat bounce would mean death of crypto wich doesn't match the timing of ETF approval + the constant ATH of BTC's hashrateThe next cycle should be the last one for almost every cryptosBTC dom :Total Crypto market :BTC :target of 38k reached early followed by a huge rejection (narrativ ETH ETF annouced, ppl migrating and getting scared)Total Crypto Market :Perfectly touched the 10y resistance and also got rejectedAs planned the market is breathing a bit (killing some retard high leverage and installing doubt to everyone...)If we close weekly as a gravestone doji we should be bearish (nearly 1,3T), now the market still looking bullish (lot of fuel in USDT dom)When getting a look on alt dom we're nearly an alt season but the TCM needs to break it's main resistance in order to do soMood : Stressed afLot of coins seems to have weekly topped (SOL, AVAX, LINK) and are looking for a retest (ex : SOL ~48$)"Other" crypto dominance have breaked it's main resistance which should lead to an alt season but the TCM isn't totaly bullTOTAL : 4H inverted cup handle, retest 1,366T or a bit before (break in order to retest our huge rising triandle resistance or definitly bear)BTC dom : Daily, near the bottom but need one more leg (~51,6%)BTC USD also doing an inverted cup & handle, which correspond to thatUSDT dom : cup and handle (6,92%)Others dom : Bull 4h + daily, we retested the breakout, send it to 12,95%Bought some LINK at 13,9, double top or 18$ if bullishMissed the AVAX breakout, looking for an entry, going 21,6Looking for an entry point on SOL aswell, going 68$The pump should not stay for a long time, people will FOMO and the market should dump if all the cup and handle are effectiveTiny updateTOTAL : Daily bear div, looking that the level is kept for monthly close on the resistance2 weekly doji + this daily div doesn't look great, should visit 1.27T or 1.18T if accompanied with a bad newsLooking shit, no great signal :*BTC.D : still aiming 51,37%*USDT.D : still aiming 4,8%*Others.D : weekly div (not proper), should retest of 11,8%-11,38%Would be fun to have a flash crash as a bear trap before entering in hyper cycleI'll try to entry on MATIC around 0,71 and hold for a long timeTotal :Broke its resistance, bull afBTCUSD :Next stop 47-48knoelshack.com/2023-49-2-1701798850-image.png Others dom :looking shitnoelshack.com/2023-49-2-1701798967-image.png USDT dom :Bottomed or will break its bull channel ?Bear : Spike to 5,6% then close on 5,8% and bounce (top BTC 48k then correct)Bull : going to at least 4,8% and decreasenoelshack.com/2023-49-2-1701798886-image.pngBonus, my cheatcode for timing top / bottom of BTS's cycles :Soon top, maybe a huge breakout of a "6 years" bear market or going back to 20k with a red 2024 ? I'm betting on the most bull hypercycle we've never seennoelshack.com/2023-49-2-1701799000-image.png Bonus² :I'm overexposed on DOGE, betting on a Musk movenoelshack.com/2023-49-2-1701799027-image.png