Technical Analysis and Outlook: Bitcoin surged above $21,000 on Saturday for the first time in two months as the crypto rammed through our Mean Res $17,000, Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100 throughout the week. The price action signifies a completed Outer Coin Rally of $21,200 (Not shown - 60 min chart) and significant Key Res...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 As per my last educational post like 2 months ago, we might be in Pattern 4 => falling correction after a bearish impulse, leading to a bullish reversal. BTC rejected the lower bound of the green channel and traded higher. 📌 However, for the pattern to get activated, we...
This is the million dollar question. This has been a topic thrown around from time to time. Will Ethereum pass Bitcoin, Blah Blah blah. This is the first time I feel there is any evidence towards it. Let's take a look, as do believe that this could happen either before the next bull run or during the next bull run. Ethereum for the time is showing strength...
Monero has pulled back to 100EMA resistance where a rejection would make sense. ⚡️⚡️ #XMR/USDT ⚡️⚡️ Exchanges: Binance Futures, ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 5.9% Current Price: 149.70 Entry Zone: 149.65 - 157.95 Take-Profit Targets: 1) 133.15 2) 117.65 3) 102.10 Stop Targets: 1) 171.05 Published By:...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we know that BTC has been slightly bullish trading inside the red rising broadening wedge pattern. BTC is currently sitting around the upper bound of the rising broadening wedge acting as a non-horizontal resistance. Moreover, the blue zone /...
Technical Analysis and Outlook: Bitcoin bounced closer to our Mean Res $17,000 throughout the week. The retest of the Key Sup $15,850 is a toss-up. This puppy may break from the current position to create upward action to Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100.
FTX crash delayed the market but was what was needed for the bottom confirmations. The market tends to reverse, the bears will be waiting for the train and will lose the chance to buy at a super discount. The market for the next few years has great highlights for DEFI. The Future has arrived, decentralized exchanges will value 1000x.
Today I leave you with a rather interesting comparative analysis, introducing the much-studied and used concept of market capitalization dominance, in our case of Bitcon versus the rest of the crypto market. The graph structured by TView gives us in this case a percentage of market dominance, that of Bitcoin against altcoins, ideal for establishing migrations...
BingX’s Bitcoin Chart In the first trading week of 2023, the market was still consolidated with extremely low volatility and trading volume. Bitcoin's volatility has hit record lows one after another, and a new round of changes is brewing. The probability of Bitcoin's upward turnup still exists, but it needs to wait patiently for market confidence to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. ETH has been slightly bullish trading inside the rising channel in brown. ETH is currently sitting around the middle of the channel, which is a no-trade zone to me. 🗒 So now, we wait... As ETH approaches the upper brown trendline and blue resistance, we will be looking for...
BingX’s Bitcoin Chart Bitcoin has hit the resistance level of $17,000 twice in a row, and it still has not successfully broken through. At present, Bitcoin has risen and fallen back, but there is still the possibility of a rebound in the short term. If Bitcoin starts a rally, its sustainability will be crucial. This determines whether Bitcoin can break through...
BitFarms is a nice little company hidden in the space with very few employees. Could make a moonshot once CBDCs are forced unto the world. stayu tunes to find out.
Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst. 122 out of 500 days done. I truly appreciate your continuous support everyone! Let me know if you like the series, and if you would like me to change or add anything. Always follow your trading plan regarding entry, risk management, and trade management. Good...
BingX’s Bitcoin Chart blog.bingx.com Bitcoin rebounded after stepping back on the support of $16,000, but whether a bottom structure has been formed still needs further confirmation. If BTC continues to rally above the $18,000 resistance this week, the market’s optimism will rise further. We also need to watch the $16,000 support level. If BTC falls below this...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. LINK has been stuck inside a big range in green between 5.0 and 10.0 and it is currently sitting around the lower bound (5.0) so we will be looking for buy setups. For the bulls to take over, we need a break from a short-term perspective, we need a break above the last...
Technical Analysis and Outlook: Bitcoin decanted closer to our Mean Sup of $16,400 throughout the week. The retest of the Key Sup $15,850 is a high probability at this time. The upward movement to retest newly created Mean Res $17,000 extending to Mean Res $17,800, Mean Res $18,500 is pending on the hitting Key Sup $15,850. However, be aware there is the...
BingX’s Bitcoin Chart Bitcoin is up 0.36% over the last 24 hours and rose to an intraday high of $16,660.00. The largest cryptocurrency continues to trade between $16,500 and its 20-day exponential moving average (EMA) of $16,822, suggesting investors are still not active. If the price turns down and slips below $16,500, the selling could pick up pace and the...
I don’t know THings are looking awfully interesting rights about now? End of year… I have been saying there could be a massive cup and handle forming into 2023 if a bottom single is forming? Even if we do strike a little lower we are splitting hairs at this point DCA safely DYOR… Trying to time the market is everything at this point… could we go to 10k, that s...