Hello Traders, RWA AKA tokenizing "Real world assets" will be one of the next major breakthroughs in the fintech industry. From the team at FLOKI Coin they've created Tokenfi's TOKEN cryptocurrency which handles all the payments for tokenizing assets on all of the major blockchains. In the last couple of months the team completed thorough updates to bring...
### RSI Analysis on TOKEN from Tokenfi #### Overview The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is primarily used to identify overbought or oversold conditions in a market. Generally, an RSI below 30 is considered oversold, and an RSI above 70 is considered...
**Technical Analysis: Bitcoin (BTC) Daily Chart** **Current Market Situation:** Bitcoin (BTC) is currently trading at a critical support level, with the daily chart indicating a high likelihood of a reversal in the near term. The Relative Strength Index (RSI) is hovering around 30, signaling that the cryptocurrency is approaching oversold territory. **Oversold...
⚠️ Bitcoin's potential bear trap above $60,000 amid uncertainty over FED actions. Bitcoin's price bouncing back above $60,000 raises concerns of a bear trap. Market fundamentals, specifically FED actions, adding to the uncertainty in the crypto market. Speculating on FED decisions is risky, but their transparency can impact market sentiment. ⚠️ Implications of...
- Bitcoin has experienced a significant drop below $60,000 for the first time in a while. - April has historically been a green month for Bitcoin in an election year, but this year it was red, showing a deviation from history. - May is also historically a green month for Bitcoin in election years. - Bitcoin has never played out more than two consecutive downside...
As you can see on the USDT dominance chart using the pmarp indicator on the weekly time frame USDT dominance is on its way up. This is a great sign of capitulation within Bitcoin. There are is now many millions of dollars worth of outflows for Bitcoin ETFs. The IBIT ETF has not received any new inflows for two business days and other ETFs for Bitcoin have...
The Viz cheat sheet indicator reveals that if the Vix closes above the upper Bollinger band ($19.01) during the next 5 days that means the Apple stock price will increase by 4.11% to $174. Currently the Vix is around $18. I've tested this indicator the Vix cheat sheet before with quite impressive results.
## Bitcoin Poised for Surge? RSI Hints at Upswing Technical indicators on TradingView suggest Bitcoin may be primed for a rise in price. The Relative Strength Index (RSI) on the 2-hour timeframe, which measures price momentum based on 14-minute intervals and volume, currently sits at 48. This value indicates that Bitcoin is neither overbought nor oversold,...
On the reverse pmarp it show blue and that means a lot of buying has occured. That is a good sign that things could get to $38,000 to $42,000 in the weeks ahead. On the four hour the overselling has occured and now it's time to buy anywhere down here. Please try to stay in the game until the overbuying occurs. Be careful and trade safe.
there was a significant drop in the price of Bitcoin as it experienced a sudden decline of $1000, bringing it down to $35,344 by the evening. This downward movement caught the attention of traders and market observers. The Relative Strength Index (RSI), a commonly used technical analysis indicator, also signaled a bearish trend, further supporting the notion of a...
From the makers of "Floki" cryptocurrency comes Tokenfi. Tokenizing assets on the blockchain. Currently Floki has a 335 Million dollar market cap. All that money can easily be transferred to Tokenfi's Token and that is what is currently happening. They are using that money to pump Tokenfi. TokenFi's Token cryptocurrency (TOKEN) is a native token for the TokenFi...
Is it all speculation? Do indicators work to make profit? Can you scalp bitcoin for profit? These are all things you will find out by giving me a follow. I will see in in the coming videos to explain.
Ethereum may go down to $1000 but that is too far fetched. On Bollinger Bands it's a good setup. The price action went above the midterm level while the BB consolidates and looking to move another leg up. Maybe down to $1290 and up to $1360? A note on Bitcoin - If we get down to the $18,100 price level on the daily we can see that Bitcoin will be ready for...
Hi everyone Today I'd like to let you know that you should follow the gbpusd and Dxy charts. This will tell you when the price of Bitcoin goes up or down. When gbpusd goes up and dxy goes down you will see the price of Bitcoin goes up. This is because the US dollar loses momentum this means Bitcoin will gain momentum. However when you see gbpusd goes down and...
Hello everyone, VIX closed above the upper bollinger band today September 21st. The Vix Cheat Sheet indicator says that the maximum loss over the next five candles could possibly be 5.36%. It says there will be barely any gains until the next ten daily candles are reached and only then will there be a gain of 1.36%. The last few Septembers have all been blood red...
Hello, At this time you may buy Bitcoin below the lower indigo band of Bad Ass Bollinger Bands and sell above the white upper band. In the future you can come up with your own trading strategy by looking at the BBB indicator and finding the points on the indicator where buying is optimal. For instance like I said now is the time to buy below the lower indigo or...
Hello my dear trader friends, The VIX Cheat sheet indicator on tradingviews works when the bollinger bands indicator for "VIX" are at the very top. When this happens the VIX Cheat sheet indicator works at its finest. Now is the time that the bollinger bands are at the very top on the VIX chart. So when we use the VIX cheat sheet indicator on bitcoin we can see...
According to the VIX Cheat Sheet Indicator the Nasdaq will lose around 2.64% within the next 5 candles. NASDAQ has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. There is no support in the price chart and further decline is indicated. In...