Skyito

Skyito

This again shows you that we are at the overbought area. I don't know if the price may go to 80k first, I am not a God but what I know is many indicators confirmed it is overbought. If you wanna sell all your property and wanna risk, it is up to you. Refer to my previous posts too. I don't invest more coz I only wanna risk 15% of my cash. I already bought some...

Skyito

For the past 2 posts, I have warned everyone to be cautious, chartwise look very bullish but many indicators are showing a reversal back down, so its 50-50% chance. Especially when I look at the 3-week chart, wave trend oscillators warning is very accurate for the past 4 cycles, wave trend in 3-week chart is showing some hints that it wanted to cross down....

Skyito Updated 

Yea! every market when its approaching to top, many youtubers will trying to hype you with all the daily timeframe. OMG! the last chance to buy BTC. BTC halving will make BTC go parabolic. You want to listen to them or respect the chart. I don't need to elaborate for this chart. Just use our common sense and simply look at stoch rsi in 6 week chart. What...

Skyito

Youtuber will never show you this. They will hype on daily timeframe showing bull flag pattern. They will tell you BTC halving and price will only go to moon. As a investor, I will never recommend people to hyped at the top. I may be wrong, price may go to 80k if we are lucky but the point is I will not hype when higher timeframe indicators show over-bought....

Skyito

Look at the 2 months chart, only 2 records showed top when stoch rsi touch the 100 value and marked as top. Current stoch RSI approaches the 100 zone, the orange line has yet to touch. At this point, I will not bet for BTC to go higher price. I expect sideway or fake out. If you want to mess with a higher timeframe and think BTC will hit 100k and if it really...

Skyito Updated 

Guys! I have posted on 5th Feb for the bullish signal for BTC. At this point of time, I have seen many youtubers started to hyped BTC is going to 100k or 200k. Of course it is very possible as my cyclic rsi indicator on 3 week chart value has yet to reach 98. I have highlighted in circle on the past data on cRSI, whenever cRSI value hit 98, it was top. I come here...

Skyito

Guys! Refer to my previous posts on 3rd and 5th Feb. I have been reminding all the bears to be cautious as we are in a very strong bullish trend based on data. Since then price has touched 64k region. I believe we will have slight room for upsize but you need to be very careful as it will trick everyone on the new all-time high. Based on the data, we are...

Skyito Updated 

Some YouTubers and experts still calling big A B C correction which will take the BTC price back down to 10 to 8k but I doubt so. Looking at this monthly chart, 1st: Monthly candle maintained above 100 HMA line in yellow as highlighted 2nd: Wave trend oscillator cross up and momentum still bullish + HMA 100 for wave trend tend green ( Bullish). Looking at...

Skyito

I won't be surprised if the price won't go back to 35k and maintain above 40k then break out to upsize to create a higher high to form a bearish divergence on week to form a short-term top.

Skyito

As I mentioned in my previous post, BTC has been struggling around 43k region which is a new resistance level. In 3 days timeframe, we can see that TSI bearish cross is initiating. By today, if BTC can't break back above 43.5 to 44k region, short-term bearish trend will continue. Just be aware of some fake out. In renko daily, as I mentioned in my previous post,...

Skyito Updated 

This is a risky trade. daily and weekly look bullish but I won't ignore lower timeframe either.

Skyito

Many people may laugh at me but I stand and follow strictly on my own TA. I posted few days ago that Renko daily started giving another sell signal + bearish divergence. The previous short trade was stop out as it was force to grab liquidity. If you are familiar with HMA indicator, 50 HMA is the king of resistance in any timeframe. Now in Japanese candle,...

Skyito

Since in my previous post, Daily Renko already confirmed sell signal, I am more biased bearish price action for the short-term. The daily candle closing below 39k to 38k will trigger further downside. Nothing to be greedy about, this type of correction is nothing in crypto.

Skyito

Correction signal finally appeared with bearish divergence. Let's see

Skyito Updated 

This is scalping only.. Not FNA. Nope Nope. Bull is amazing but let me catch the short wave

Skyito

I am shorting. Not Financial advice. I like this risk-reward ratio set up.

Skyito

My short trade is still open. Pretty much over-bought and wave trend divergence forming. Let's see what happen.

Skyito Updated 

Guys! I might say it is very bullish long-term. But But But!!! we should wait for the pullback in the daily or weekly timeframe. I will keep you updated.