BTC bulls are clearly loosing some strength and momentum here after failing to breakthrough the 50k level at the 0.2 FIB, we poked a wick above here slightly but it was not enough! we had a nice close yesterday with us slightly above the R2 resistance but couldn't keep the momentum going, now we are seeing a darth maul candle as i like to call it and aswell known...
Bitcoins continuing to push up towards 50K with another touch of the level last night, however we seem to be really struggling to get up and above the R2 resistance from the pivot points, we are currently a hair above this level but we will definitely have to watch this going into our daily close! If we don't get a close above 50K tonight or even tomorrow my...
Bitcoin has been pushing up very nice recently with us almost touching 50K, we didnt quite make it and we are getting held up by the R2 resistance level from the pivot points indicator. We are still looking very bullish especially on the upcoming weekly close same goes with our upcoming daily close. gonna be honest i would love to see a drop or pullback here to...
Bitcoins looking very bullish coming to our weekly close tomorrow, we are seeing a month long of higher highs each weekly candle and a very close push to 50K. I previously said in a TA awhile ago i think we would see a 50K BTC before we really see a decent pullback and i honestly switched my view because i didn't think it was going to playout but now we could be...
Bitcoins starting to curl to the downside as i predicted would happen at some point, we are coming up on a very key level which is support at 44.5k, we have already wicked below this level and since then have come back up but what i will definitely be looking for is whether we close our daily above or below this level. I feel like a pullback is due for btc and the...
Bitcoins been running up hot recently but it looks pretty clear we are running out of steam here which is nothing unusual, we are seeing a couple doji candles right now and they lean to the less bullish side of green candles, day isn't over yet though we could see a further decline in todays candle going into close. Remember though pullbacks are necessary and...
Bitcoins dominance is coming down at pretty fast rate and we are passing multiple important supports that we needed to breakthrough, as you can see with my path drawing i hit it pretty accurate with the 1-2-3 move to the downside i just had the timing/timeframe a bit off. We have pushed through multiple supports and we are now passing a very important one which...
Bitcoins pullback may be coming sooner than we thought or atleast i thought, i've thought about it for a bit and came to a likely scenario, if we think about how the major crypto players and whales move markets we could likely assume that we have to be in for a pullback before we takeoff back into our ultra bullish cycle, now a move like this (which is very...
Bitcoins dominance has been pretty stubborn holding this support level at 45.74% but i think in the coming days we are going to see a decent sized drop in BTC dominance, we have wicked below this support level and are slowly coming down trying to push through it, lower dominance will be key for altcoins to really start exploding, same thing for BTC, we saw low...
BTC has flipped longer term resistance back into support and we are pushing up towards that 50K level , i think we are going to see a push upto here but it is pretty heavy resistance so i wouldn't be surprised if we saw a bounce that turns into a pullback, as you can see in my drawing i think we are going to touch 50K but then come down to the green support we...
Bitcoin has been continuing to push upwards after having a few day cooloff, we have pushed right through the R1 resistance and what im looking for here is a hold for daily close, this will look super bullish if we can pull it off! Im looking for a push upto the 0.2 FIB level or aprx 50K, i think this level is definitely achievable but the thing will be can we...
Btc's dominance has been falling recently along with BTC price action and the more we fall lower and lower the more altcoins will start to explode, as we can see today already BTC is down nearly 3.5% and ETH (leader of the alts) is up around 7% or more. Now looking at the path btc dominance is on we are approaching the 45% support level like i drew with my semi...
Bitcoins dominance level is on the fall once again after i thought we would see it happen a bit earlier but none the less this is positive for the market overall! We have actually passed a very crucial level here that could bring us an overall trend reversal, we have crossed the pivot point and if we can secure a daily close here we have a very good chance of...
After Bitcoins beautiful runup i talked about the possibility for a cooloff day or a few and i think we might just be seeing that now, also it looks as we could see a bull flag forming which in most cases ends up swinging to the upside after the flag is completed. For this to be true we will need to see wicks or touches on the support and resistances, following a...
Bitcoins went on a beautiful run after i predicted we would see 28k before we see 40k and now we are sitting right below a very crucial level for BTC, at some point in the coming days we definitely need to break through this 40-41K level or the 0.3 FIB. A break and hold of this level will turn my sights fully bullish as we have been stuck in a sideways trend from...
Bitcoins moving up quick after i predicted we would see 28K before we saw a bigger move up to possibly 40K and that just about happened perfectly, we got the bounce a little over the 28K level and we have been pushing up since! Now what i think is likely is we could see a little breather day maybe even a slight red candle but it looks like we are ready to keep...
As i have shared in my previous TA's i expected a drop to the 28K level before then coming back up as shown by my drawing and we we're very close to hitting that exactly! Now taking a look here we got a possible upcoming rejection for BTC, Looking at the bollinger bands we are fast approaching the midline on the bands and this is for the time being resistance and...
As i was talking about previously btc has begun a slight pullback out of the bottom of the wedge and we got a bounce today around 30K which has held us up so far, we could still see that 28K level i was talking about before, there is still lots of bearish momentum pushing us down. There is a chance that we start to recover but i wouldn't go that far yet especially...