Cjbeneneet

Merry Christmas everybody! 🎅 🎄

$ZEC
Zcash getting a little frisky heading into the holiday on LTFs. Confirming this reversal and multiple bullish signals flashing. Something to watch.

Silver is also cutting the rug. Obvious shift in liquidity while the crypto market continues to look for footing.

More chop incoming, most likely. Bitcoin with a new shaded squeeze on the Daily.. again. Let's see how this plays out. $BTC

$GOLD has been the play with the crypto market so down lately. This is the latest stage 2 play with a new ATH hit yesterday.

$ZEC
FYI - Zcash broke free from this previous structure and sitting just between $425 - $450. Now, still sitting below the track line, I would watch for either further rejection or a retake of the track line above that $450 mark. There's a move still pending with this shaded squeeze still sitting here so keep that in mind - that's why we need a catalyst to show us which way.
Being so close to EOY, I would expect a rejection first unless we get a Santa rally surprise. Either way, watch for a move on the horizon. 👌

$ETH with a brand new shaded squeeze on the Daily. Watch out for this one, especially as we approach the channel's edge again. Personally, I would continue to expect chop and/or downward pressure, especially on HTFs, until we see a break of this channel.
Zooming in, the 4HR is in the middle of processing this shaded squeeze on LTFs, as well. Currently testing resistance around $3,057 and pushing up to test the 200EMA. Let's see if it can hold.

$ZEC
Heads up. Zcash trying to poke its head out from this wedge. I'm a little weary as we head into the weekend, but something to note either way. Looks like the 4HR broke out from this double-shaded squeeze after the BOJ news early this morning, and now it's holding just above the 200EMA and the $428 resistance.

$BTC with some wild price action on the 4HR in the last 24hrs. Crazy lol.
Local top, breakdown with a bearish reversal, then an immediate bullish reversal, which is now confirmed by the move back up. Holding just underneath the 50EMA.

$LTC dipping right here inside this shaded squeeze. Consecutive red dots and downward pressure still lingering on the Daily, but we'll see the bigger picture by the end of the day. I say that because look at the 4HR: when we zoom in on that shaded squeeze, it looks like we may have a possible squeeze fakeout. Shaded squeeze -> breakdown arrow below support -> then an immediate reversal candle. Now, we have to wait and see if that reversal holds and gets confirmed. If it does, it might bounce back above. Ultimately, just be mindful that a move is still in progress; whether that's a fakeout or a

$ETH is surprisingly still holding up well despite the market-wide dip. Even have a local bottom that's still holding here within this shaded squeeze on the 4HR. Now that I said that, I've probably jinxed it and we fall from here, but lol.
Just kinda chilling above this support level still, which lines up with the Daily track line. 50DMA is still plunging, but it's nearly caught up with price. Daily looks like it could lose the track line, but still waiting for a move either above or below this area.

$BTC has made its decision it seems, at least temporarily. Pushed back underneath and entered a double-shaded squeeze almost immediately this weekend. Watch for a further dip, especially with a pending move incoming. Even the 4HR looks like sheet.

$CRV is holding fairly strong at this support line here near ~$0.3880. Double-shaded squeeze on the Daily has been sitting here for some time, just biding its time as it approaches the edge of this channel. And the larger structure is just underneath with the bottom support near ~$0.31. Local bottom after local bottom so it's clear that this area is a huge support level.
Notice how everything is near structural lows as we approach the new year. Feels like things are gearing up for a shift and just holding until the time is right. All in all, just watch for a violent move in the coming days/we