Having started the month and in turn the year with high volatility, it is time to look at Bitcoin on the long-term charts again. The current analysis is on the 1W time-frame and it is a comparison between the 2021 sequence and the fractal of mid 2019 - mid 2020.
** The RSI **
The 1W RSI of the two, if divided in legs, are virtually identical. Even though leg...
Hello,
Welcome to this analysis about Bitcoin on the 2-day timeframe perspective. In recent times Bitcoin has shown up with highly bearish encounters to the downside to form its preliminary low at the 40.000 USD level. Nevertheless on the other hand simultaneously the utility of Bitcoin increased and many important technological developments in the Bitcoin field...
This is a really simple Bitcoin study on which I calculate the remaining days of the current Bull Cycle we are in based on the Top, Bottom and Halving of each Cycle. These parameters are effectively used to distinguish the Bull from the Bear Cycles. Tops are obviously where the Bull phase ends and Bear starts, while the Bottoms are where the Bear phase ends and...
Bitcoin made a bounced early this week and it appears to be following the bottom formation pattern of my most recent model:
As I showed on that chart, the Falling Wedge of September entered a bottom sequence after its last flush on the 39600 Support and as the...
The recent times were turbulent for Bitcoin, a massive volatility move resulted out of the fact that the FED released its protocols of the last meeting in which a decision of a possible decrease of their balance sheet which is currently 8.3 Billion US-Dollar was made. There was no action behind this statement made so far nevertheless we have seen Bitcoin heavily...
It is not the first time of course that I compare the current market lows to the lows/ bottom of June - July 2021 (look for my previous studies, there are many on that subject). However it is the first time that I do so by using two unique indicators the VMC Cipher_A (courtesy of vumanchu) and MarketCipher B (courtesy of Crypto_Spike) with some adjustments. I've...
As 2021 comes to an end, we can make a review of how the year went and attempt to project how 2022 might be like for Bitcoin. In this attempt, I've charted BTCUSD (orange trend-line) against the U.S. Dollar Index/ DXY (green trend-line) and the S&P500 (blue trend-line).
As you see, based on the correlations of those, BTC can be divided into phases of Bull...
This is a direct reference and extension of my "Rally kickstart test" analysis I've published two weeks ago:
As you see, Bitcoin did indeed find Support and closed a 1W candle above the 1W MA50 (blue trend-line), which completed the first condition for the new parabolic...
Long-term charts tell the truth. Especially on Bitcoin they tend to be particularly accurate. Its historic long-term patterns on the logarithmic scale have never been invalidated to this day and show that each cycle shares more characteristics than not with the previous ones. I don't need to re-post the countless log charts on its historic growth curve that...
On this study I will look into one of my all time favorites, the comparison of Bitcoin's cycles and how they way they converge or diverge from each other can give a meaningful interpretation of current movements and a projection of future price action. In particular my focus will be on the current Cycle (the 4th historically that started on December 2017,...
A lot of talk is being made lately about whether Bitcoin has made its peak and is entering a new Bea Cycle or not. In a previous long-term article, I've introduced the concept of how BTC behaves when new ATH is made without previously hitting the former Cycle Peak. On today's publication I plot alongside those 'Triangles' idea the 2Y MA Multiplier indicator in...
Basically after yesterday's fall, Bitcoin is as close to the 2021 bottom fractals as it can ever get. Even though I've made similar comparisons in the past, it might be a good time to refresh them, as this analysis will show that Bitcoin currently shares many similarities with both the late September 2021 bottom but mostly the late June - July 2021 bottom...
Hello Community,
Bitcoin is in a pivotal range building up within recent times into the New Year 2022 and history has shown that such a pattern will lead to a devastatingly high-volatile breakout sooner than later, most often in times when people least expect it. Therefore it is necessary to be prepared on upcoming volatilities and look at how the market can...
Many members of the community have asked me to look into greater detail at the popular analysis I made about 10 days ago that partially looked at Bitcoin's RSI pattern on the 1W time-frame in relation to the current market structure and that of mid 2020:
Well, you...
💎 ADAUSDT on H4 after breaking above the major resistance and the descending triangle it has been making HHs and HLs . it is expected that after breaking above the resistance it continuers to go higher
💵 Invest Only 5% of your Portfolio
🎳 Entry now or from 1.483 - 1.383
☕️ TP1 1.618
🍺 TP2 1.754
🍻 TP3 1.912
🍾 TP4 2.072
🍷 TP5 2.220
🍸 TP6 2.400
🍹 TP7
🎁 TP8
🚫...
This is not the first time I use the Pitchfork tool on Bitcoin and certainly it won't be the last as despite not being a popular indicator among traders, it has proven to me how effective it can be, even on the long-term at projecting Bitcoin trends. Last time I published such an analysis was on May 21:
...
💎 BTCUSDT has broken above the major resistance and also we can clearly see an ascending triangle. We can expect that the price goes higher.
🎳 Entry zone 43184.75 - 42382.00
☕️ TP1 44180.00
🍺 TP2 45470.00
🚫 SL 42382.00 - 41984.00
Good Luck 🎲
Check the Links in Description and if you LIKE this analysis, please support our page and Ideas by hitting the LIKE 👍...
Some big support/break plays for this pair this week!
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and...
