As you can see i predict a x4 increase in the altcoin marketcap during 2022 as i also predict one more leg in the equities makret including the Dow Jones. Complete euphoria moment for cryptocurrency
I'm really bullish on CRV, but this is still entirely possible here. I took a starter at $2.20 looking to add next week.
These days all eyes are on crypo premier BITCOIN. The coin has been in pressure since making double top on (68K). The bearish divergence was prominent at that time and bears took aways the game from there on. Earlier this month, on 4th Feb, Bitcoin finally manages to break above the falling trendline and price reached to 45K. The area was very important for...
If we're going to see alts continue to gain in dominance, it needs to turn around here. That's not to say that it couldn't ride the bottom for longer before it turns up, but we shouldn't see it drop much lower. Lose the channel and expect it to move down more before up. Bitcoin dominance looks like it's very close to moving down, having created a wedge here...
BTCD is in w4 barrier triangle, in which we are currently in the E wave. This is the final push on the weekly, since BTCD & BTC charts have not synced up with the BTC chart & ETH chart (also all altcoins) we remain inverted to BTCD & the E wave will likely push BTC down & also altcoins. Then E wave finishes & BTCD dumps into wave 5 which will likely be the bottom....
There is exactly a year now since Btc.D is trading in a downtrend. However, after reaching 40% back in May we have in fact a clear range between 40% and 50%. In mid-September, again, we touch 40% and we got back to 50% pretty quickly. The last drop takes a lot of time and is printing a falling wedge on our chart. At this moment we are hovering around 40% for...
CHART OVERVIEW - Celo / BTC (8 hour chat on binance) ANALYSIS - Celo travelled through a long falling wedge after breaking out and currently moving sideways within an ascending triangle. After a fakeout to the downside, spring off of support at 0.000094; Celo is now on track for more upside. CONCLUSSION - The chart shows key resistance levels, first challenge is...
the dominance of bitcoin is testing its critical support line for the third time, with a bearish hidden divergence in the peaks of the price action and indicator, I expect a break this time. what does it mean? 1. whole market crashes (high probability) the whole market crashes, but Bitcoin crashes harder and sharper than alt coins in this scenario, I prefer to...
This chart is meant to analysis BCH/ETH pairs and how historically the sell off occurred & continues. I am speculating a mean reversal soon based off EW & fib retracement levels. Also personally I know that when BTC finally takes off for $70k plus BCH will be turbo charged and can gain momentum against ETH. GL guys Big Mike loves you.
💎Technical Analysis Summary💎 BTC/USD -Despite the recent -10% move of BTC last Friday -Today, the bulls have managed to regain back above 58k dollars -This is good news because the key area is being respected -We have the previous resistance last September 7, Fib 0.5 and 100D Moving Average -These multiple key factors drive the price back up the previous...
I'll keep it short. BZRX/BTC Long-term Chart. This one looks good. I don't know if it can pump 2000% as per this chart but holding this coin when for the long term could be a good bet. They also have some good fundamentals. The price has been under this pattern for almost 454 days and it's breaking out of the pattern as we speak. The best buying level would be...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have reacted bullishly just above the Fib 0.5 level -This zone is a confluence of mini S/R flip last October 13 trading -I have plotted a potential descending channel coming from the swing top -If BTC forms any bullish reversal pattern within this bullish Fib area -In the coming days or weeks, we can expect...
As a follow up on my previous idea (see link below), the Gulden sat price has failed to retest the 200 sats region and felt back to below support of around 50 sats. The lower price in the 20 sats regions has been retested again after which the price soared +100%. I believe it is time we see a price breakthrough with the following sat levels to be...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin failed to hold the immediate support area at 63k dollars -After a sharp drop down to 58k dollar, the next potential support range -This fast move by Bitcoin suffered most of Altcoins and I got stopped of my trade -The market is not good recently so I didn't put heavy on this position -BTC is technically bearish in...
Bitcoin Dominance showing great amounts of hidden bullish divergence here signaling that the decline in alt coin valuation towards Bitcoin may not be over yet. On more thing to point out here is that soon we will be getting a golden cross on the daily.
First of all this is the first time I am sharing a chart on USDT.D I finally decided to share this strategy with you all:- USDT Dominance is a good index to keep track of Altcoin trades. It's inversely proportional to the growth in ALTCOINS and BTC in general. If USDT.D Pumps it literally means all the money from BTC and ALTCOINS are moving into USDT which...
Please watch out if this zone broke down price could reach the next red line support level in the chart so if brakes sell at the pullback before falling more.
TP1 & TP2 hits in the previous analysis. In the last bullish wave we can see a retracement down to the Fibo 61.8 level and also this area is our old TP1 and support zone. I think this is another chance to get 80% profit vs BTC.