This analysis will be taking a look at the total crypto market cap "excluding Bitcoin".
The Alt coin market topped out at 1.5 Trillion Dollars before crashing down to about 700 billion and I do think there is still more downside to go with a fairly long consolidation in play. The question is where do we bottom at the previous all time high 534 Billion Dollars...
Here are two possible routes for bitcoin:
V Shape Recovery (Grey Bar Pattern)
The Covid crash of March 2020 saw a price crash 55% and took about 70days to recover . I have taken the bar pattern from the first leg of the bull run to show a possible path for bitcoin , now historically the final leg of a bitcoin bull run has a huge momentum increase so it's...
I took the 2017 fractal pattern from the first big pullback of the last cycle and added to this cycle showing a top on October 25th 2021 very interesting. Now that we hit 30000 ,we have three confluence points that create this bottom support line that puts together the final piece of the puzzle.
The Date can be narrowed down between late October to December...
Hi guys, today we want to analyze bitcoin and cryptocurrency market
After bloody month (May) Bitcoin is now in a sideways and consolidation phase and everyone is waiting for Bitcoin to come out of its compression
We also have a symmetrical triangle pattern and a box in the 12h timeframe, which as you can see price compressed between the 40k resistance & 33k5...
'3 Price Note' Are You See Yet?
Today is 17 June 2021
5:05 PM (My Local Time)
Today I Will Show You
About 'Price Note'
BLUE, GREEN, RED
That I Mark Some Price for Play 'LONG' This Day
So What Do You Think #BITCOIN
They Can Go Up Or Not?
Remember ! Play Safe
And We will WIN together.
Last Night at 01 .00 a.m. at Thailand
I said to bro
BTC STUCKING IN DOWN
You can see Blue Big Line that I wrote.
So What do you think about?
I dont know how long this down trend
dont suggest buy/sell point
BUT I KNOW
"They're Going To Continue Down"
Give me a Comment if you want
My Name is Duang from Thailand
P.S. Sorry for my bad english...
Based on my analysis a couple days ago, I shared that Bitcoin price might be forming a Double Bottom pattern.
Based on today's movement we might see Double Bottom is in a play, since it's also breakout the Trendline on H4 Timeframe.
Bitcoin needs to retest the EMA 21,34,55 before it can confirm its upside momentum.
Disclaimer: This content is not a Financial Advise.
I have been following May 31st Fib Time Zone for weeks now and today is the day, will we see that shift in momentum? We are currently in a triangle and we need to break 2/1 Ratio to start moving higher. We can also see bullish divergence also forming on the daily RSI. I will include all other May 31st TAs...
Currently, ETH's latest recovery is about to touch the descending trendline and eye 2000$. 2000$ is a major psychological zone, it's a midpoint of a current parallel descending channel and overall a spot a lot of traders are looking for. The minor drop further is inevitable and it's our choice to capitalize on it. You can hear everywhere - "Buy the dip", but how...
Tron used to be one of my favorite cryptos due to their mission of lower transaction fees. As the overall crypto market crumbles Tron is also approaching a major support zone where we can add some coins to our portfolio till a certain level indicated on the chart. Wait for enough confirmation to make sure the support is rejected and the price isn't planning to go...
RSR is a coin that I have been holding for a long time waiting for it to moon but its simply lost its momentum not sure what's happened with this coin but very weird patterns since march 2021.
Hoping 2/1 ratio is not broken , this is project I really hope does well not just to make money but to help people world wide with inflation its nice to invest into a...
The weekly RSI in the 2017 bull run touches about 53 time and time again before heading back up to higher highs. right now things are looking like the last bull run , we are going down to the 21 weekly moving average and weekly RSI is touching 53.
After many ups and downs we have finally received news of the major catalyst that we have been waiting for and which will send Doge over $1! Coinbase will begin trading Doge here in the next 6-8 weeks which is going to bring in many new buyers and will allow crypto people to transfer their other coins easily into Doge. I have no idea how high this could send Doge,...
Bullish divergence confirmed on the daily , short term target would be most likely to the fib level at 52500. As you can see on the Daily RSi we still inside this triangle, been following the RSI on the daily now for more than one month still no brake to the upside.
Fib time zones give me the date May 31st , could we finally brake this triangle on the RSI this...