averkie_skila

averkie_skila Updated 

I had to include a one-hour chart because under the circumstances, my favorite 8 hours doesn't say much. So, EMA crosses on BTC/USDT and second red candle on monthly SPX chart are very bad for bitcoin. We have known this for a long time, and those who are new to this market can now feel it for themselves. Don't ignore SPX and EMAs death crosses (it's first of...

averkie_skila Updated 

The usual story. EMA 100/200 crossing. And here result. I opened a short position. Ah yes, look at bitcoin dominance. It found support and it's going up.

averkie_skila

Market is afraid of the Fed meeting on Wednesday. On 4H already has all three death crosses on it. We are waiting for development this process. Pray for those who insist on growth.

averkie_skila Updated 

We already have the first EMA (20/50) cross on the daily chart. However, in doing so, the wick has bounced off EMA200. That is this? This is a squeeze between the averages. And also we have a contradiction between daily Stoch RSI and VFI. There will probably be a retest of lower boundary of the old channel where a rejection will occur. I will let you know...

averkie_skila Updated 

I don't trade SPX and only see it as a tailwind to be reckoned with by any 'crypto-captain'. There is every reason to think that this wind will not be blowing in our sails in December. If you are one of those who think that the crypto market is not dependent on SPX I ask you not to bring that opinion here, you will not be understood here.

averkie_skila Updated 

Specially waited for candle to close at 12H. I don't like this picture for entrance. Obviously, there will be a lot of resolution at the 50-49 level. And the outcome of that level is far from certain. All the arguments are in the picture.

averkie_skila

Those waiting for the alt-season please take this carefully. Also, the SP500 got a shooting star this month. This is always serious for the entire crypto market. On 3 December the FED will slow down dollar printing press. This is also a weakness factor. Manipulation is possible both ways.

averkie_skila Updated 

There is not much to comment on here. This movement is caused by bitcoin being sent at least 54K.

averkie_skila Updated 

The bitcoin did not need to allow a death cross at EMA100/200 at all for it to go to 54K (at 4H charts this is not a weekly event, but a once every few months event). At the very least it's a 49-50K retest I'm starting to think. But the case could take a more serious turn. Ah yes, out of the rising channel it fell out. Shit, I'm drawing the obvious stuff.

averkie_skila Updated 

On 8H chart, the lines have started to move into the bearish half. We will soon check to see how this divergence works out. But I am taking a short position on some alts. As they will fall harder. Maybe this really is the last fall before the rise for now. But there is intrigue as to where it will stop. I am not conclusively convinced that 54K is a full stop....

averkie_skila Updated 

This will happen automatically if bitcoin goes even lower. And it is highly likely to go down. I have seen the launch of many projects before. It's not always the expected events that translate into a price increase. That was the case yesterday. Yes, I had already successfully shorted yesterday.

averkie_skila Updated 

These tricky manipulators and market hype (which the shorties love so much) have already been recognised by me. Let's take a 3 day timeframe (same logic here as my choice of 8 hour frame, more reliable than 1 day but faster telling than 1 week). We see divergence on the Stoch RSI and a recent volume down signal on VFI (thanx LazyBear for). I believe there is an...

averkie_skila Updated 

8H chart carries ambiguity for me. I haven't placed orders yet. If it penetrates top channel boundary, long. If it fails, short. Bitcoin would be better off correcting to the 56-54-52 thousand level. Then there would be more certainty about all the other coins.

averkie_skila

There are irrational grounds besides indicators. The big profit should be fixed when the market is hopefully buying. It's been too long since we had a REAL SEKIRA. But even the 54,000 level is generally a very small correction. But I don't take it upon myself to say that right now I see a big hike down. But the tenkan-sen retest on the 3D chart usually looks like that.

averkie_skila

People are so sweetly enamored with the rising alt-market that this picture in general seems very dull and safe. Yes, we have some chance of the diagonal (and there goes the EMA200 as well) being rejected. But I don't like the fact that this diagonal test will take place in conditions where the candles are already trading above the cloud. It is a completely...

averkie_skila Updated 

Hey people! I waited and looked, yes, it's not going down as fast as I'd like. I got some new targets. I switched to the 1H timeframe (I don't work with it too often, and found something interesting). I understand the excitement of playing long, but the overbought is monstrous. There is a slight possibility of a hit above 200, but then I will look for new...

averkie_skila

1. It is possible that at some point Bitcoin will rise suppressing all alts. Bitcoin dominance is no joke. 2. It is possible that Bitcoin and Ether will grow together, suppressing all altcoins. Find ETH D chart. 3. I can't say yet how serious this golden cross of the indicator lines is, given such a long extension of the cloud sideways. Have you thought that we...

averkie_skila

Domination ends its fiddling in place and begins to gobble up a share of altcoins.