Hello my dear cryptocurrency trader, good news we are sharing with you today. Looking at the linear scale on the weekly timeframe for bitcoin, a major downtrend has been broken. This is the downtrend that defines our bear market. While the action taking place after this break has been weak, simple sideways consolidation, we have another signal that goes in our...
Upgrading strategy article PART II... LONG bitcoin with clear time perspective. We've integrated hundreds of books. Lots of material knowledge. A new level of awareness in the physical plain. A higher state of being. Can be shared. You can benefit by reading only. Deep breathing - during & after. There will be corrections and retraces, completely normal and...
Ok... Are we in? The current shakeout isn't likely to last long. We are open to seeing it go further until 20-Dec 2022 but believe otherwise. We are open. Even before it is completed you can apply strategy in PART II. Bitcoin is set to grow in the form of a relief rally or upward correction, name is irrelevant, until February 2023. Reaching this date in the...
Today bitcoin is moving above EMA50 for the first since the early November breakdown. EMA50 is a very important level and we use it to gauge midterm bullish potential. Moving and staying above this level can signal 1-3 months of relief rally ahead... Not so fast, it all depends on how the market reacts tomorrow after the Feds meeting but if there is a crash,...
If we calculate a 2 years long bear market, we should see bitcoin's bottom confirmed by April 2023. Normally 3-4 months before the 2 years are complete, to allow some time for the recovery phase when we switch from bearish to bullish. So around December 2022/January 2023. We are very close to the bottom... Do something like this... Secure some profits RIGHT...
Inflation is the keyword and we know how Bitcoin reacts negatively to the Fed rate hikes and inflation statistics nowadays. But... The CPI numbers will be revealed 13-December, the Feds meeting happens 13-14-December. This will affect Bitcoin and all markets negatively as it has been doing in the past but we expect a fast, strong and swift recovery right...
The Graph vs Bitcoin (GRTBTC) is breaking out of a strong downtrend confirmed by the RSI, volume and EMA50. EMA50 because it moves above this level today; Confirmed. RSI very strong at 60+; Confirmed. Volume breakout with two consecutive days green... Confirmed. The down-trendline is also the upper boundary of a major falling wedge. Another strong...
What a beautiful early start to the weekend... With the cryptocurrency market starting to turn green. EOS is one of the classic Altcoins projects and a "safe-bet" for the long-term. Here we are looking at it vs Bitcoin and we see solid growth potential. We have a perfect falling wedge pattern which is always bullish. This falling wedge pattern ended in a low...
We know how the whole Bitcoin Cash is going to take over Bitcoin sage ended... We don't know who owns what, whos winning or whos losing. We support cryptocurrency, we like the concept, the idea, the innovation, the freedom it gives and also the alternative that it is. More cryptocurrencies is better for us. More Altcoins is good for us, for the end-user, those...
My dear cryptocurrency people, the worlds future money elite, smart and wise, ahead of your time... That's what you are, ahead of this game, smart, beautiful and strong. Let me tell you that with all this chart reading, technical analysis, calculations, predictions and guessing, yes! much guessing... We can forget something really simple. The Bitcoin bottom can...
We can see Bitcoin and the S&P 500 Index detaching around the 5th of November, a month ago. This is an important development because while the SPX moved higher, BTC went down and hit a new low. The TradFi market is not looking good in the mid- to long-term. Seeing this two detach is positive as Bitcoin cannot be bound by the decisions of the Fed. Bitcoin is...
For the first time in its history Bitcoin is trading below MA200. Bitcoin has never traded below this level since its inception until the year 2022. MA200 normally marks the bottom of the bear market. Let's look at it from a different perspective. You know how a resistance level needs to be tested as support once conquered before any additional growth can...
Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July. Today this pair moves above EMA50, after a higher low with a strong RSI. Using the Fib. extension tool we extracted the following targets, short- and mid-term. The easy target is set at 48% around 0.00040180, followed by a higher high compared...
Loopring has been in an uptrend for almost 3 years vs Bitcoin. As I mentioned in the Decred vs Bitcoin (DCRBTC) article, higher lows lead to higher highs... Now, for LRCBTC the low was hit around January 2020. And we have a very strong uptrend/bull market, higher highs and higher lows ever since. We are looking at the action that has taken place recently since...
We are seeing some early action on the Bitcoin chart pointing towards higher prices... This is something we have been expecting and went LONG 10X (See below): The question we would like to answer now is about the potential targets... How far up can Bitcoin go on this bullish wave? We can see the first, easy target set at around $21,500. This is an easy target...
So who was long? Alot of people put their longs in before the dump. Even Crypto Face. How many times does this have to happen before we learn that we are still in a bear market BUT near the end. It didn't break above the top purple line and was getting bearish fast. That's what you have to look out for in situations like this. We knew it was about to do...
It is true we have not seen the bottom of the bear market... But its getting close. Just as we had to prepare for this bear market; We prepare by withdrawing, saving and taking care of all paperwork. We also have to prepare for the bull market by making a plan now detailing what we will do when the euphoria is in full force. How will you approach the next...
This is a nice chart, completely different to all other altcoins... Let's dive in. Ethereum vs Bitcoin (ETHBTC) managed to move and close above MA200 (conquered) back in July 2022, at this point the bulls gain control of the chart. From September through October MA200 is tested as support and holds. Really high volume shows up late October to confirm this level...