The first push of BTC to over $70K in this bull cycle, the risk was becoming overheated quickly. The BTI indicator risk was around 7 to 7.25 and some indicators (e.g., the NUPL) were getting close to triggering. Now the overall risk is at a much healthier 5.59. Continued chop in this area will help further reset the individual BTI top indicators, but ultimately,...
The community indicator and editor favorite "auto chart patterns by trendscope," is like the most convenient and intrepid practical indicator to find lines on chart without drawing in excess only to need to remove the lines all over again. Wow, this by Trendscope indicator is top shelf.
Cardano currency is in buying condition. You can use this analysis according to your strategy.
I expect this kind of movement from Ethereum in the next period when altcoins rise. My target is 12k in Ethereum, which has a 4-fold upside potential. In a possible pullback, the support level will be $2250.
Hello, we came with the analysis of the currency bnb, as you can see, the currency bnb is in a very good situation, if it can break upwards, it can grow very well, even breaking its historical ceiling.
In this chart, I showcase my major Bullrun Rings since 2016. As stated on the chart, there have only been 2 failures that still resulted in a major upturn into new ATHs. The only failed trigger since inception was marked in Nov 2013 (not depicted). This saw a close above the green ring and then closed below two weeks later. Prior to this date, 4 additional targets...
Hello, we came with the analysis of the currency bnb, as you can see, the currency bnb is in a very good situation, if it can break upwards, it can grow very well, even breaking its historical ceiling.
History doesn't necessarily have to repeat! I see a lot of history based derivation for the timelines and price as to when and how high or low bitcoin can sore. As exciting and adrenaline pumping as these ideas seem, the outcome will just be as good as any coin toss! The truth however is the "macro maze" above. I've taken sensible assumptions to derive on the...
Based on recent market trends, ETH has nearly doubled since its rebound from the bottom. Currently trading below a key resistance level, the question arises - what's next for ETH - Red pill/line: ETH breaks through the $2k resistance level, paving the way for a significant bull run. - Blue pill/line: ETH retests the $1k support level, followed by a continuation...
Solana attempted to be a layer 2 to ETH in the interim while ETH was building out proto danksharding. Narratives - 1. Base on ETH has began to garner a significant amount of capital. Solana's only value prop is memecoins. If a chain secured by Ethereum's base layer can do the same, what's the point of launching on Solana unless you're trying to run a pump and...
PT, the native token of the Phemex exchange (which I highly recommend for contract trading, by the way), has been on an impressive uptrend across higher timeframes since its listing on Spot six months ago and its recent entry on Futures just a couple of weeks back. Currently at its all-time high (ATH), I anticipate a correction on the 4H chart towards its support...
In this live trading session video,we look at our open positions on Etherum,EURUSD,closed positions on BRTUSD for nice decent profit, potential trades coming on Bitcoin,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
Each crypto cycle lasts about 4 years. The tops and bottoms of these cycles show striking similarities, often following a pattern that has repeated over the years. This isn't just coincidence—there are underlying factors that contribute to this consistency, making it vital to recognize these patterns in your trading strategy. If history repeats itself, we are...
Ada is at the lowest possible level compared to Bitcoin. You can use this situation with your trading strategy .
"Past performance is no guarantee of future results" - We all know this famous phrase... Nonetheless, Ethereum still has a very bright future in the next decade. *Why I'm bullish on Ethereum:* - Every competing "superior" and newer blockchain (Fantom, Avalanche, Harmony, ...) includes EVM (Ethereum Virtual Machine) Compatibilty. - These types of products that are...
We are considering a scenario of price movement for ARB. Currently, the asset is within a price range that attracts active market participants' interest. This interest is confirmed by the analysis of the volume profile and increased activity on the vertical histogram. The asset's price is currently below the resistance level at $1.2746, which is above the...
Local top matched random line from 2020. Trend-based Fibonacci extension along with other trend lines indicate possible retracement to $55,000 or $52,000 before retesting $69,000 ATH. I think there is a low, but existent possibility of BTC dropping to the $40,000 resistance if there is some really bad news somewhere.
CRYPTOCAP:WIF is the 2024 version of 2021 CRYPTOCAP:DOGE , except even better (wif a hat) similar chart structure strong advance up similar to CRYPTOCAP:DOGE , leading to ~3 month re-accumulation, targeting the same fib (14.618) which would be a 10x from here at ~ SGX:40B market cap ($42.069B market cap for the memes) would not fade the hat, this is the...