Hi guys, welcome to the last post of my quick hyper bearish series. Without any special comments, I have just cleared up some geometry in previous charts and here it is. To all bulls out there, please, stop comment about bottom is in and other nonsenses! I do not care! Thank you! Take care! -DP-
Bitcoin Crypto vista.. my first crypto analysis
Hi, my first ever publised idea, hope you guys like it...This chart looks simple to me, dropping to g-cross and to the strong fib level at one time, comment with your ideas. Targon
Bitcoin is here to stay, that´s my believe. A huge global financial fatality is coming, the mother of the bubbles, the Bonds, is ready to burst. The 247 trillions global debt is insane, governments, banks, corporations, and individuals are borrowing at a rate that they may not be able to repay, or only pay the interest of these debts. Developing countries, which...
Network Value to Transactions ratio measures the dollar value of crypto asset transaction activity relative to network value. This is a simple way to compare how the market prices one unit of on-chain transactions across different networks, together with Ichimoku are the only indicators that anticipate what´s next. A professional/institutional trader in Bitcoin...
Hi guys, here is my updated PURE SPECULATIVE 2 year "crystal ball" prediction of the price of bitcoin. I see potential capitulation not sooner than second half of this year! Take care! -DP-
Bitcoin may be making a healthy correction which will last longer than expected. If the triangle where the price is trapped get broken to the upside with a wick above 5250 the correction is pretty much over, but what it looks is a triangle wave 4 before the last wave 5 down making what it could be the first impulsive wave of a corrective ABC from the last high at...
Hello, this is our point of view on BTCUSD, we wait for a retest around 4.600$ support zone, after confirmation we go long. We hope you enjoy our analisys. Have a good day!
Unless we see today new highs, my vision is that this pump has come to an end. Although I have not sent the signal to my private group yet, I opened a small short position right from this point which I may close if we go up at around 5200. The thing that we closed yesterday daily candle above 200 EMA is not meaning that we have left the bear market at all....
After the last technical analysis we did on the Bitcoin where we predicted the increase from 4100 to 5000 it was time to try to figure out what to take next. The Stochastic clearly shows us an O verbuy that means that the bitcoin will fall but will remain in a rising trend. The Fibonacci Retracement helps us try to know where to place our TP, in the case we...
If you are suffering from FOMO today with the big move in bitcoin, don't panic. The price action will re-trace back to 4647 level, where I expect a lot of pending orders are waiting to be filled. The next entry level to buy will be around the 4400 level (the 25% fib), so don't feel you have missed out. This will also be a retest of the prior range, which started...
This is amazing, the market is still holding the price at the huge resistance, the top of the triangle where we are trapped since December 15th. While I´m long in some alts, I´m still very bearish on Bitcoin, I just´t want to be short whenever the whales decides that is the moment to dump BTC, and that moment is getting closer day by day. Bearish divergences all...
Otherwise extended sideways ranging between $3700 and $4100 until the end of July, where a break from the green meme triangle would see crazy volatility and either a similar push to $6200 or worst-case drop to pink descending support line.
As expected not much happened during the weekend. On Saturday I posted in Telegram about the downwards move that we will have today, and how we need to be patience. When there is no liquidity whales tend to stay away until big walls show up. Since the rally that the altcoins had the sentiment in Crypto is bullish, many are still buying and that´s what the whales...
We haven´t see any breakout during the past days, no any further strength in any indicator. While there is no indication of change of strength, is better to stay out of the market, however after a few tries of a breakout consolidating which never happened, now is the proper moment to enter short. The best view that I have so far is that this is the leg b of a big...
As you guys could see, all my ideas use to be short since are safest in this bear market, but this time I want to make some profit on what I think is the beginning of the wave B in this ABC down to 6500, so basically this is a continuation of my short idea just with a quick stop to gain some pips in the next green days that are coming. I placed a long order at...
Hi guys, Bitcoin and Ether are printing exactly the same pattern, so although I´m short in Ether, I´ll focus the analysis in Bitcoin since what happens in Bitcoin will happen in Ether. In my previous ETH analysis I was debating wether we are making a symmetrical triangle (which definitely is not) or an ABC from December 15th. So there is another chance as well,...
BTCUSD seems have 4200 barrier, while about 3700 is price balance and support level. When confirming break levels (up/down), potentially seek next levels i.e 5000-above or 3000-2500 Let's see by the end of March ;)