The market has two main cycles, bear and bull or up and down. GREE and RED.
Once one cycle is over, the next one starts.
This can remove a lot of the complexity of buying and selling.
So, can we make a case for the bearish wave to be over for Filecoin vs Tether (FILUSDT)?
If the bearish wave is over, a bullish wave follows... But we can have bearish waves...
Finally... After so many days...
Bitcoin is reaching the end of the period of doubt that we've been seeing since last month... Some people can call it doubt or uncertainty because they are not certain, we call it consolidation/accumulation because we know what follows... A bullish jump.
2023 Will be a year for the record books... The world once more, again, will...
We read charts and we read signals.
We like to look for/spot reversals because if one is successful at spoting a trend change or breakout before it happens the chances increase for higher gains.
When buying near support levels/bottom prices, the risk is always small (very tight stop-loss) while the potential rewards can be great.
Look at Theta Network...
This is the climax of the bear market, there is nothing to worry about.
The same game, it all remains same...
It goes up it goes down.
It goes down, it moves back up.
The negative and the positive always go hand in hand, they cannot be separated, they are one.
Out of every crisis, many opportunities grow.
In the past, when we last saw this type of crash, the...
As we have a new low many people are already wondering if the bottom is in, again...
Patience is key.
Wait for the weekly candle close, minimum.
The same goes for today, short-term.
Once a move starts to develop, it takes time before its final form shows up.
Since we've been expecting a major crash like this one for many months, we can say that the bottom is...
We are going to be looking at something very simple today, so please, allow us a few minutes of your time for entertainment.
(1) MA200 has always marked the bottom (this time it will be different).
(2) Looking back at Bitcoin since 2015, MA200 being tested as support always leads to a recovery...
(3) This is also the first time that Bitcoin closes below MA200...
We can spot many bullish signals developing on the weekly Bitcoin chart.
Let's review them together.
1) Adam & Eve bottom pattern.
2) Rising trading volume.
3) Trading above EMA10.
4) Very strong RSI (above 50).
5) Higher low (Sept. vs June).
6) Bullish candlestick pattern (10-Oct. week).
7) 3 Consecutive weeks closing green (first time since Oct. 2021).
I can...
Technical analysis is great.
Having these charts available to us is an amazing tool that can help us predict the future.
We can make better trading decisions if we learn to decipher the data/codes coming from these charts.
What is the daily Bitcoin chart saying?
What does Bitcoin has in store in the coming weeks for us?
Please, allow me to entertain you for a...
Bitcoin is moving above EMA100 today for the first time in 100 years... Which is fabulous news.
We will easily see $24,000+ first followed by some more... And then more.
IMPORTANT: Be aware of fakes and impostors.
Please, always do your research before sending money to anybody using my name. I will never contact you first nor add you to any channel.
Thanks a...
It is not easy to trade Bitcoin or cryptocurrencies, it is not easy to trade Altcoins if you are not in it for the long-term.
There are many groups, people/entities & more competing at the same time.
We traders and retail buyers/investors are at the biggest disadvantage, the exchanges are trading against us.
I know everybody knows this but there is a solution,...
We continue and this time Fantom (FTMBTC) is the altcoin pair at hand.
There are always so many signals and indicators to look at...
But the strongest of all signals is the market cycle.
If you can learn the market cycles you can know when everything will recover/bounce/move up.
Keeping track of the market cycles, once on a bullish wave we can also figure out...
Good afternoon my fellow cryptocurrency trader, let's have a look at Bitcoin on a different timeframe today.
We are looking at the 3D (3 days) chart and we have some interesting signals...
Support us with your LIKES and let's get started!
---
First, notice the candle on 22-January 2022.
This is a reversal candlestick in the form of a hammer.
This candlestick...
Here we have the weekly timeframe for Bitcoin as promised.
And we go straight to it... Feel free to hit LIKE before we get started! Thanks for your support!
---
Bitcoin Weekly | Looking For A Bottom!
The first data point we need to consider is the break below $20,000.
$20,000 is the famous 2017 All-Time High and also the main support level that was being...
Some people are wondering if Altcoins will recover or when will they recover and so on...
Cardano is already recovering and remains printing higher highs and higher lows since Mid-May.
This is true for ADAUSD and ADABTC.
( Check the related ideas below for a full leveraged trade for the ADAUSD pair )
Here we can see the inverse Head & Shoulders...
This is the last one for today, DASHBTC.
We have a descending channel and also a support level turned resistance;
Once these two are taken out, DASHBTC can grow strong.
The stage is set.
We are bullish 100%.
Thank you for reading.
I know it is a lot to take in.
I hope you are enjoying the content.
Namaste.
Here we have the weekly Bitcoin chart and now we enter the relief rally.
From May through July 2021 a support level was created.
This same support level was challenged this May (2022) and prices actually went below it but on a wick.
The past three weekly candles all wicked below the ~$29000 May - July 2021 support but only to recover and close above this level...
While now it is easy to see Bitcoin going lower, at the moment that isn't the case.
We are still trading above our local support, around $27,777 on this setup.
This is marked with light blue and red dashed lines on the chart.
As long as Bitcoin stays above these levels, we expect a short-term bounce to around $34,000 to $38,000...
If Bitcoin moves and closes...
