Good morning traders, As expected, Bitcoin went to the 25k - 26k area. An important price point that was on the horizon for a very long time. There's a strong case to be made that this is the bottom, or at least, A bottom: - Historically, only once BTC went and stayed below the 200 weekly ma; - the week S1 pivot is also a historical strong support; - last week...
2022 have been a bad year for BTC. for now I see it as the last chance for buyers to stand up. Price of BTC has been breaking all major support almost, all the market are bloody red. however I think BTC can start an up movement in one condition which is a weekly close above the blue channel and last week close turn as fake. only after that we may see some positive...
I have 12 potential setups, my top 6, and I answer "have we bottomed"
Looks to good to be true, but this is just another failed attempt to try and break resistance @ $11.50. If and when it fails we will see $9 inevitably. But on the upside that would be our final destination. Good luck! Just my opinion
Based on the history of BTC, we should have just completed the correction phase, which does not imply that we have found a Bottom. Furthermore, based on the proportion of the red candle and the "recovery" period (usually characterized by a bounce and double low, then bounces and closes above the last low), the real "recovery" of BTC will take place around as at...
As far as I know, no one saw that previous crash coming thanks to Terra Luna. However XRP has reached the bottom of my triangle that I had already previously drawn out, I do believe that 0.33 cents will be XRPs bottom! Congrats if you didn't freak out and held strong through the crash, best of luck to you all.
Ups and downs could be pretty huge and dramatic, but if we look at them from the bigger perspective, they aren't that important. BTC has been slowly moving down thru these MA lines just by going sideways. And as we can see good buy zone was always between 1st and 2nd line (for the long term of course). The best buy zone would be below the 1st line. Will we get...
If we don't get back to 30k and stabilize things, we'll go to 23k or something Not a financial advice, don't rely on my professional-made deep analysis
Following the principles of vibrations, and the concept that market repeats patterns, here is analysis on BTCUSDT. Bitcoin started downward spiral from 10th November 2021, the high price of 69198.70 USDT crushed all dreams of people who kept an order for short at 70KUSDT levels, nevertheless, few made it possible and quickly booked profits. Most of CT influencers...
ES/SPX 12 May 2022 The current implied volatility is at 32.6%/year So that converted into daily is 2.05% The opening of today was 3939 So based on that our channel is going to be compressed within TOP 4020 BOT 3860 with a probability chance of 86.9% based on the last 1049 candles From volume point, current POC is around 3930, so I believe initially the 3.9k...
Could this be the bottom? we should achieve our breakout by next week.
CMF: Hit MFI: 3 points from floor RSI: 2 points from floor CCI: Hit Additional updates: S&P Bollinger Bands 1D: Historically leaving these bands meant we were close to the bottom in BTC. S&P RSI 12D: Historically hitting ~44 meant we were very close if not at the bottom (currently 47.25). BTC DVDI 6D: We've started getting red candles on the 4D, so we're getting...
A 2 year scenario projecting the financial crisis of 2008-2009 into the future Chart (W, LOG): Stocks: The averaged futures for SPX, NAS and DJ were weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com 200MA, 50MA, and 21MA Today's price and date: at the intersection of the cross. Financial crisis:...
I believe the markets have bottomed. AAPL is a great buy back at the demand zone fo 150$ area. Last year there was a yuge 50 million buy at 150 - nice retest of that institutional entry point. Enter a small postion in the 10 Delta Weekly 3 DTE Calls @ .21 the 165 C for 5/13 NOT advise, my own oppinion. #sizekills
BTCUSDT Opening long position around this area. Major trend is down. First resistance is 37K, also is the monthly open. Depending on news this week will assess upside targets.
As part of my overall DCA program I have to buy this support. I know everybody is calling for much lower prices but I am compelled to add to this support. Sorry bears.....
Current expected movement from IV = 3.4% At the same tim we estimate with a 85.7% confidence that the volatility for today is going to be below 3.67% for this the market will stay within TOP 35300 BOT 32750 All of this being calculated with the opening value candle of today or yesterday close daily candle From the funding rate point of view, the shorts have to...