BTC.D Bitcoin Dominance starting to break its trendline support If the strength bounces up and finds rejection on previous trendline Expect a bearish move down to 44 Dominance level Altcoins may perform strongly during the downward action
There are 3-4 indicators currently pointing towards a potential breakout very soon. - RSI touched the oversold area. - RSI decline has been broken out of - Sell pressure is declining - A falling wedge breakout that appears imminent I'm not trading NANO however my suggestion for a stop loss would be best below the wedge at around 0.0000940. The falling wedge...
Wabi looks to be correcting in a Bullish ABC pattern trying to break free from the massive triangle top trend line. With BTCD looking weak and my W5 prediction on BTCD of 35% in Aug /Sept I would expect a move like this based off my bias. GL guys.
IDK guys everyone wants $1200 ETH Im just seeing bulls. ETH/ BTC getting W1 going IMO
The smaller H&S pattern did originally start to break down as I expected but the bulls were hiding on the 4h and now we are still inside of this larger H&S pattern that I have outlined with a target of about 41% . The LTF on most crypto currencies look weak here especially with the 4h chart still showing another push to BTCD. We have SL in place on all trade...
as you have seen in my previous charts of icp prediction is was accurate to Support & Resistance. Now the support is $33 and Resistance is $37. For such more info. do follow.
TVK is an NFT play that has shown incredible volume off the recent lows and is now consolidating after a strong first leg. The "Bot" long setup fired on TVK overnight. Harmonic AB=CD continuation trade. The entry on this setup is technically 614 Sats. Any dips below that are above the 499 invalidation level are fair game. Will look to lower trendline pennant...
Welcome to this quick update, everyone. I got many requests for analyzing the Altcoin Marketcap BTC has been acting strangely these days and I am more of a TA guy rather than the fundamentals. TBH Fundamentals play a very major role in Crypto. But charts always give us a hint ahead of the news, doesn't matter Bearish or Bullish . Let's get straight to the...
DASHBTC on the daily timeframe since the price's recent bullish impulse, market has provided us with a correction to the 0.618 fibonacci and formed a new higher low, now we are expecting the continuation to the upside. On the 4hr timeframe we are waiting for a 4hr close above this level of resistance then IF we see a 4hr close above this zone on the retest we will...
If my current count is correct then we should be finished W4 ABC correction and BTCD will head down to finish W5 around 35% with a possible alt coin moon shot 23% making a 5th w extension. ;)
Bitcoin dominance is moving higher here in a strong 5 wave impulse the dynamic is also lifting BTC. So BTCD down everything down BTCD up BTC up equally & alts up but not as strongly as big Daddy BTC. Full analysis in my newly created group.
We see that the ratio Cardano/Bitcoin or ADA/BTC it's bearish as Bitcoin take strenghten in the trend. That it's a clear signal that we would need to sell our Cardano coins to get Bitcoin and conserve our Bitcoin power. I sold today 10,566 Cardano coins and get 0.45 BTC (Bitcoin). This it's a bearsih signal if you look ADA/BTC. If you have any doubts, that it's a...
Possible Head and shoulders pattern forming on 4H. I would say buy into alts on this next 4 hour push in BTCD if you didn't already buy when BTC & Altcoins crashed previously. IMO
What a run the last couple of month's, who followed me on here knows i've not been sharing any analyses for a long time. that's because I didn't feel the need to do it, we we're in full bull run and I was enjoying my gains. buy since 3 weeks I was cautious in the market and it was justified. Bitcoin had been flirting with the daily 50 MA for a while and so in the...