Daily Forecast Analysis 8.2.24 From The Crypto Underground


What's goin on Traders,

Looks like we're in for some choppy waters ahead. The market's been giving us the rinse and repeat lately, and I'm starting to see signs that we're about to hit a patch of sideways action. Don't get too comfortable though, 'cause this consolidation is just the calm before the storm.

My crystal ball's telling me we're gonna break lower after this little sideways dance, but don't go panic selling just yet. I'm not seeing' us droppin' below that sweet 60k support. It's like the market's testing our resolve, seeing who's got the DIAMOND HANDS to hold through the turbulence.

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Now, let's talk about the bigger picture. As we roll into the end of summer, things are gonna start heating up, and I ain't talkin' about the weather. Keep your eyes peeled for some major moves coming in mid to late September, maybe even spilling into early October. That's when the real fireworks are gonna start.

Remember, this game ain't for the faint of heart. While we're in this consolidation phase, use the time wisely. Study those charts, fine-tune your strategy, and get ready to pounce when the opportunity presents itself. The market rewards the prepared.

Alright, that's the wisdom for today. Stay sharp, stay focused, and may the charts be ever in your favor. This is The Dark Sage, signin' out.

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TheDarkSage
TheDarkSage

Cryptocurrency Investor, Trader, Staker, Pooler, Farmer, Miner, and I am only sharing my opinion based on a modified Wyckoff Method and 20 Plus years of trading experience in Stocks, Forex and Crypto.


The Crypto Underground
The Crypto Underground

Welcome to "The Crypto Underground" ⛏️ – your go-to source for exploring the world of cryptocurrencies, daily technical analysis using a modified Wyckoff Method. DISCLAIMER: All of The Crypto Underground Posts are based on my opinions alone and are for informational purposes ONLY. YOU should not take any of this information as guidance or advice for buying or selling any type of cryptocurrency. I am not a financial advisor and anything that I say on this channel should not be seen as financial advice.

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