Thought this one was worth showing. Think most might have seen it already, but this is the area were are in now. Reason why i said, we need to see volume increase during moves up, well this is why. There are a lot of similarities to why Bitcoin should drop from current levels, but i do want to show a few differences.
1) The move from 38x to 4030 was a buying...
HISTORY DOESN'T REPEAT ITSELF, HOWEVER THEY ARE OFTEN ALIKE.
A famous sentence with which I'd like to start this analysis. My first one after a long time on TradingView, my first one of hopefully many analyzing crypto, forex and equity markets.
What have we seen on Bitcoin? We've seen a huge breakdown of the floor in November, after that a few rallies upwards...
Still a fight going now, volume is increasing slowly as well which is a good sign for the bulls. We can say now, the fractal is might not be in play anymore, because the drop out of that channel failed and those other 2 attempts (red circles) failed as well. As i mentioned yesterday, what looked like a typical Bart move (so making a push up but even even bigger...
What we should mostly focus on in this chart is the pattern of Bitcoin's Bull Cycles. Those have started with very sharp bull runs but decrease each time as BTC becomes asymptotic (diminishing returns). As for the Bear Cycles, although they started as sharply as the bull runs, they tend to stabilize and follow an identical structure.
Applying the decelerating...
Hello guys playing around Bitcoin dominance and discovered it was filled up with lots of bear flag which each break leading to huge altcoin pumping. Presently we have another flag that is about to break we should keep an eyes on this as it will surely lead to another huge pump in alt market.
Enjoy your alts guys as they pump.
Please leave me some like if you see...
With the Australian dollar trading lower following RBA meeting minutes early Tuesday, the H4 candles eventually reclaimed 0.71 to the downside. The next stop on this timeframe is seen around 0.7079, a 50.0% support that fuses with channel support extended from the low 0.7003. Further to this (black arrows), a nice-looking AB=CD bullish pattern also completes...
Description: One year from now this will turn out to be true! Will you be a real one? And have my back when the SEC comes for Loops?
Timeframe:Next 14 months. Pointed out all the main action. Now you have zero reason NOT TO become filthy rich in life.
Indicators used: "Come on man"
Shout out to: My accountant for setting up LLC's with numbers that barely match.
XAUUSD reversed off its resistance at 1311.2 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal swing high resistance) where it is could drop further to its support at 1298.14 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed off its resistance at 98% where a corresponding drop could occur.
Just yesterday, the coinmarketcap published a new rating of projects. The results are set on a scale from 0 to 1000 points and have the corresponding letter grade.
With the help of the rating it is impossible to fully evaluate projects and compare them. When analyzing a project, you should definitely conduct your own research.
Their rating will allow you to...
The market is going to form a double top chart pattern. If so, we should expect for the downward movement to 1300.00 level at least and watch for the price action in that zone.
If the price can drop below 1300.00 level, for confirmation the double top chart pattern as a reversal one the price will need to break the local swing low. It will give a signal that the...
As BTC gets closer to the essential MA200 test supported by the MA1400 on 1D, I have come across a new support level level, which has been missing from key analyses out there.
It is known that the Halvings historically signal the start of the new bull market on Bitcoin that escalates into a parabolic run. What we have been missing is that since the Halving the...
XAGUSD is approaching its resistance at 15.52 (61.8% & 100% Fibonacci extension, horizontal overlap resistance) where it is could reverse down to its support at 15.23 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 98% where a corresponding reversal is expected.
EURGBP is approaching its resistance at 0.8609 (100% Fibonacci extension, 76.4% Fibonacci retracement) where it is could reverse down to its support at 0.8539 (horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
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