COMP looking like a great buy down here. Hasn't made nearly as big as moves as other major alts. Stop out on equity around 275. R/R is awesome
The daily chart of BTCUSD looks almost identical to the well-known "Psychology of a Market Cycle" graph. This graph shows the steps from optimism to thrill to Euphoria, and then the drop back to anxiety, denial, panic. This chart aligns almost perfectly with the BTC daily chart. As people are anxious, they are forcing themselves to believe that we will recover,...
I have noticed a repeated bullish butterfly harmonic from the 23rd of January 2021, which also repeats on the 11th of June 2021. Following the formation of the butterfly in January, BTC ran 126% from Point D. Could this be a possibility for the bull run to repeat from June? We shall see.
HBAR is sitting on large support and at the bottom of its range. Nearly unaffected by the BTC drops, HBAR is strong for the longer term and a great buy down here.