We have used the Supertrend indicator on Bitcoin (BTCUSD) extensively, especially on lower time-frames with great accuracy. This time we take a look on the 1W chart where the Supertrend has been green since the second trading week of January. Throughout BTC's history every time the Supertrend turned green after such an RSI rebound, the bottom of the Bear Cycle was...
On the previous analysis we talked about Bitcoin's (BTCUSD) emerging Golden Cross on the 1D time-frame and how it is clashing with the emerging Death Cross on the 1W time-frame. Well the 1D Golden Cross has been formed today and automatically draws our attention to the 1D Golden Cross of April 23 2019. This was formed just after the early 2019 rally begun. So the...
Update:
Bitcoin weekly EMA20❌EMA100 cross
Still record high negative DEMA indicator value with view to long-term DCA IMO ‼️
What do experienced BTC investors think... dear Crypto Nation ⁉️😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The...
Two major technical events are about to be materialized for Bitcoin (BTCUSD). On the 1D time-frame a 1D Golden Cross, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line), is about to be formed, while on the 1W time-frame a 1W Death Cross, which is the opposite, is about to be formed. So what do those conflicting formation...
The RVGI indicator❌cross just occurred🔵🚨🚨🚨👀
Look at the great entry points🟢for Bitcoin when these crosses❌occurred in the past on the US10Y-US02Y chart dear BTC and Crypto Nation💥🚀😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content...
I published the long-term roadmap for Bitcoin in 2022, but TradingView removed it due to language rules. Now I am sharing it again without any changes.
This is an updated version of the previous chart based on halvings again. Maybe the hype is wearing down for this cycle and the next 18 months will be a cool off period. And then about 6 months before next halving the hype starts up again. This would be near the beginning of 2020.
#bitcoin the 25.2k-23.3k zone is an important resistance area. If this region cannot be crossed, my expectation is that the 11.6k-9.8k range is the first target, but I will prepare for a decline that may come up to the 6.4k-3.8k range and I will make a gradual purchase in 2 regions and wait for 48.2k-43.2k
In continuation of our recent BTC-DXY cross comparison studies, we will quickly bring you today a trend-line that may have gone overlooked and can pose a real Resistance to Bitcoin (BTCUSD) in 2023.
As you see, if we exclude the March 2020 COVID crash period which is a non-technical irregularity, there is an underlying trendline on both assets, which on Bitcoin...
Bitcoin
We are out of the red cross❌phase since more than 2 weeks now 🚨👀
Chances of no lower prices than $15,563 are high IMO
Past false signal green crosses🟢consisted only of one cross so far
VERY bullish😎
Let me know your thoughts in the comments🤗
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Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research...
Lots of euphoria yesterday after Jerome Powell's Press Conference where he gave the markets what they wanted to hear regarding future policy and how inflation is under control. The rates got increase by +0.25% but on a lower rate than the previous meeting. This may just be the icing on the cake for Bitcoin (BTCUSD) as technically we are close to three major...
As we can see, Bitcoin is on a uptrend channel that expects price increases to channel ceiling and correction to the channel floor at a 2 -hour frame time.
The analysis will be updated if the channel fails.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
This is not the first time we look into the Super Cycle Theory, which is the idea that Bitcoin (BTCUSD) may have just finished its 2nd Cycle instead of the traditional notion of the Four Cycles driven by the Halvings.
It is however the first time we look into it using the U.S. Dollar Index (DXY) and our favorite CN02/CN20Y ration (Chinese Bond Yields 02Y/20Y). As...
It might not make much sense in the current mood because the majority of market participants expect either more downside or sideways price action for the next 12/18 months, but I feel the real surprise would be an upside move.
A strong move, forcing the many in disbelief to rush in mid-to-late on the way to an early top somewhere in the low 6 figures range.
I...
Bitcoin has formed a Head and Shoulders pattern following the break-out below the Channel Up and the MA50 4H.
Trading Plan:
1. Sell as long as the price is under the 23500 neckline.
2. Buy above the 23500 neckline.
3. Further Sell under 22300.
Targets:
1. 22500 (top of Support 1).
2. 25400 (representing a +13.10% rise, a norm during this rally).
3. 20500 (top of...
Update:
US Consumer Confidence Index by University of Michigan⚫️
Index with a bear channel breakout on the way up - needs to be confirmed above 65.2 dear Bitcoin and Crypto Nation 🚨🚨🚨
Exciting to see if a BTC🟠 #bullish run begins afterwards
Let me know your thoughts in the comments🤗
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Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial...
After some brief consolidation, a new buy signal has appeared off of the 23K level, but what is NOT obvious to the herd is the low probability. From the SWING TRADE perspective, this would NOT be a buy signal to capitalize on. There are two factors that emphasize this: level and wave count.
1. Level refers to support/resistance. At this time, Bitcoin is above the...
