Many knows the Halving cycle theory. What if I tell you that this theory is just a narative. In fact, it perfectly matched for crypto and for BTC itself. But it also matched with the busines-liquidity cycles. So, there is no difference between halving cycles theory and busines-liquidity cycles theory. They both same and it wont be mistake if we use both time...
While many think we are in a bull run, I strongly advise keeping an eye out for a strong bear market that could occur so we stay on both sides of the markets. My perspective on bitcoin is unchanged from the previous bear run; I strongly believe it won't reach new highs before reaching 10 k. I provided the bull run scenario based on analysis in case we want to...
BTC has consistently left exchange wallets since the Spot ETF approvals by the US Securities and Exchange Commission on January 10. Analysts at crypto intelligence tracker Santiment note that Bitcoin’s exchange supply is in a downtrend. This has happened alongside an increase in stablecoin supply overn the past five weeks. An increase in USDT reserves on...
#Near exhibits a promising trajectory following a breakout beyond the trendline and the key level at 3.039. Optimal entry is suggested upon a confirmed candle close above this level, Remember always use Stop-loss. Everything is on the chart
Technical Analysis: BTC in W ,is doing a wave ((1)) in black H1 - right side is turning down H4- right side is up D -right side is up Technical Information: Swing trader -In the short time is doing a wave (4) in Blue. After done is a short term buy opportunity. Position trader- BTC should start correcting within the next 2 months in a wave ((2)) in...
Based on my latest analysis using the Ichimoku system, I highlighted the levels that #BTC left behind without touching them. As a typical correction after forming a valid high, and seeing a red komu, BTC will see a correction up to 0.618 of the previous downtrend wave, and probably a hunt, and then continue its own way to $35k or finally hunting FWB:27K -$30k
Short Term: Dead Cat Bounce Long Term: Bearish Correction Opinion: BTC will be back in the 30s in a few weeks Bulls will get excited as they already have over a dead cat bounce Once structure is established price will push down When we go back into the 30s the bulls will finally give up Be patient bears
#Bitcoin: Broke the red resistance zone; looks like a clean break. My previous charts have been proven wrong; a close below $40,222 was supposed to trigger a bearish rally to the $32-$35k zone; instead, we bounced around $38,555 and closed back inside the channel with a close above $42,031 in the weekly, confirming a reversal in the short term. Though the...
FWB:IOTA is currently forming a wedge pattern. After a confirmed breakout of the pattern, a good entry could be taken. Remember to always use stop-loss. Everything is on the chart
NYSE:SAND is moving in a favorable direction after breaking out of the trendline. After confirmation of the breakout, a suitable entry opportunity can be taken, with a reminder to always use a stop-loss for managing risks.
#Super price movement appears favorable as it has been engaged in a range-bound pattern for approximately 56 days. An optimal entry strategy involves waiting for a successful breakout from this range, confirmed by a daily or 4-hour candle closing above the range. It is essential to incorporate to use of stop-loss.
The crypto after having witnessed a 77% crash between Nov.2021 and Nov 2022.,started on its recovery path. The structure i can best label the crypto would be a 1-2-i-ii at this moment from the 2022 bottom(a pessimist analyst will label it as ABC) . From here on the journey according me is only towards new highs. Wave iii of 3 comes at roughly the previous ATH and...
Crypto has been fighting hard to stay above the 40K level, demonstrating that the bulls have a slight advantage over the bears in terms of strength, however, the bears have a great trick up their sleeve; strong resistance in the 44.9K region plays in its favor. Let's go graph In the long term, things haven't changed yet, and we are on an upward trend. Note:...
Introduction: General overview of the SOL/USDT pair. Current context of the cryptocurrency market. Technical Analysis: Bearish Trend: Identification of key points in the bearish trend (lower lows and lower highs). Use of technical indicators such as moving averages, RSI, etc., to confirm the bearish trend. Significant Resistance: Precise location of the...
On the daily timeframe BTC bounced backed locally at 100EMA daily. Closing above 42k will be further bullish for Bitcoin to test 44k 48k and above. Falling below 38.5k will be bearish.
MYX:THETA is currently holding a crucial support level at $0.956 in its weekly chart. The potential bullish move remains intact if this support level is maintained.
The United States government's announcement of a planned $118 million Bitcoin sale has sparked discussions and debates within the crypto community. The planned sale comes in the wake of the Jan. 8 sentencing of Silk Road Xanax dealer Ryan Farace and his father Joseph Farace for money laundering conspiracy. While some express concerns about the potential impact of...
#Bitcoin weekly performance is turning positive as we head into the weekend, indicating potential bullish momentum in the market SEED_ALEXDRAYM_SHORTINTEREST1:CHNG NASDAQ:WEN NYSE:SUI #CryptoCommunity #Tesla