Hi. Hope you all are well.
Price analysis
Considering the Arnaud Legoux averages, I can see the strength of the trend within the price chart itself.
What we have?
The average of 32 (green) has crossed below the average of 64 (blue), and there is now an expansion in width between these two averages.
And the average of 128 (white) started to slant down.
This...
Daily Chart Update (03 Feb '21) : Check note pinned directly on graph for details on the action.
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Weekly Chart Analysis (04 Jan '21) : Check note pinned directly on graph for details on the action.
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In my biased view BTC might be somewhat bullish until the autumn of 2021 and than maybe somewhat bearish until the autumn of 2022. That will be the moment when I might consider to entry the game.
My lazy prediction is based on Volume Weighed Moving ALMA with some smooting (white line) and some past data (using bayesian ARIMA approach, but with quite low credible...
ETH since the significant pump has been bouncing off the 200 period ALMA.
We are currently squeezing hard on the 4H.
If we break out of this ascending triangle a strong uptrend is expected.
However, if the 4H chart closes below the 200 ALMA for more than 2-3 candles then it would plummet.
Stay safe, traders.
