Happy midweek,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been consistently red for 12 days and...
Possible top reached across markets - We get another
leg down, then we enter the mania phase which leads into
the Next Bull market. The chart has
confluence with others that
I will post
SOON.
Good weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used in support other indicators that we developed and released Open Source, you can find them at the end of the analysis.
Trend:
Kumo has been red for 91 days and is stable (now...
Good weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo has been green for 19 days and the...
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
Max lev recommended: 3x
Goodluck,
Doctor Hugo
SHIBA INU INVERSE HEAD & SHOULDERS (BASED ON CLOSING) #BULLISH
Since May 10, 2021 opening to today, formed a beautiful setup to explode!
I have a feeling we could moon a good distance! upwards to .00004 the previous high
I would guess then hit that resistance to fall down and form the handle, back up headed towards moon!!!
This isn't over its just getting...
Very simple idea based on ew an fibs. This move will take some time to complete so be patient. We also could stay around this level/range and correct for a "B & C" wave which I'm not sure at this time whether or not this correction has completed a,b, and c. Either way it will not negate this setup and i will be prepared to add more to my position in the event we...
Fantom's last cycle wasn't completed due to the sooner correction of BTC, so we are able to say that a cycle still remains & we should wait for the pullback •
⚠️ my technical analysis are mostly based on the e-waves plus Fibonacci and price action, you may not see them in my charts because it is hard to see the overall charts and candles
Finally seeing a drop... Still got a long long way to go though. Could get interesting if we start seeing the altcoin market pick up and when fomo kicks in, we could see some nice moves in the alt-coin market.
A little obvious on the title but ultimately sometimes you find when the dominance drops it's because of a Bitcoin drop. However, over the last 48 hours, satoshi values have gone up a little as Bitcoin dominance went down. We may find that more of that, people will get more into alt-coins and create further moves.
Looks like more possible bearish behaviour, be careful looking at catching bounces. Big run up and now with dominance in BTC high, not worth touching. Great run if you caught the last move.
The FA with Matic is really good with Coinbase listing and other listenings due to the Binance closure however it may mean nothing if the Bitcoin Dominance remains really high.
Don't jump on this based off news alone. Wait for the technicals.
With the links of Jaguar Land Rover... Is it possible we could get a push due to the FA and the hype on this?
Totally possible but at the momentum market is flat so may not get as much excitement as previous announcements like this.
Comparison of a same bubble structure between the Silver bubble and the total market cap of crypto (exl. Btc)
If alts don't produce a higher high around here, then new lows are to be expected, with a slow and long decling of several years.
Of course maybe a few alt coins will probably survive this pattern and will show a more bullish pattern than shitcoins and...
Hey traders,
Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick....
