When your fake guru is $90,000 off a December close. It's time to have a serious look at your technical analysis. Although everyone wanted 100k for Christmas - the logic and reasoning was simply missing (can't even say it was flawed). The roadmap pointed out the move, with sound reasoning behind why we where likely to go up, down, up and back down AGAIN ....
BINANCE:BTCUSDT has been underperforming lately, falling into the $40k range once again. The stochastic is starting to show bullish momentum, and 40k is a massively important structural area, but at the same time we see a death cross ensuing as the 50 MA dips below the 200 MA. If this 40k zone holds, Bitcoin and the rest of the crypto market could potentially...
BITSTAMP:ETHUSD The slow down in volume from the most recent parabolic move is an indication of the baton changing hands. Most of the early entries during Sep/Oct run out are going to be cashing chips or dollar cost avg out... Therefore this is why I believe we're going for the big CENTURY pullback. 2nd Impulsive Run Stats Lasted 217 days - Volume of 72Mil...
Looking through the chart, with repeated cycles of Bitcoin, you would most likely predict another -80% of the crypto giant. Using the 69k high, -80% reveals a drop to the 11k price of 2019 high. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
My previous 15 minutes Ethereum sell entry was perfectly played out.This is another entry for weekly close. Stop loss moved to breakeven for previous sell entry and partials taken. This is 1:4 Risk to Reward trade.Close with full volume,because my previous sell entries are still running.
Bitcoin (BTCUSD) has all but invalidated the most bullish PURPLE setup that was discussed in our last update that had us looking at a nested 1-2,i-ii setup in both BTC and ETH. While officially, that would mean that we are in the GREEN alt pattern (not shown) which calls for an ending diagonal up for our final 5th wave, the RED alt pattern has become SIGNIFICANTLY...
Polkadot (DOTUSD) invalidated its nested 1-2,i-ii setup that was our primary PURPLE pattern by breaking below the 25.75 support. While that is unfortunate and makes the bearish RED alt pattern more likely, the new primary GREEN pattern now identifies our 55-top as larger subwave(i). And that means our standard overhead targets for DOT have risen substantially...
Ethereum Classic ( ETCUSD ) spiked down HARD along with the rest of the crypto universe between 12/3 and 12/4! The whole sector crashed so hard, in fact, that many technical supports were broken with ETC being no exception. Breaking below the 32-38 range means that ETC has pulled back LOWER than the origin-point of what we were calling the Subwave (i), so the...
Currently Bitcoin is currently below trending support and now forming what looks to be a bearish channel. I do not have much faith it will break out in the near future. Although BTC has fooled us and pumped before, I am just not sure it will this time. It looks like BTC is rebounding from its most recent dump and can soon hit resistance and fall again. I am...
This is a quick update on my previous Ethereum video! The price hit the zone I had mentioned in my previous video and bounced from it, I think there is a fact that no one can deny: Ethereum chart just looks more bullish than bitcoin! This is a factual statement! Ethereum dominance is more bullish than bitcoin dominance! I think 20k target is available for...
Holly molly! So bitcoin crashed from 54k all the way towards 42k in a single daily candle! This is a huge crash and over 1B positions in futures market got liquidated! I will share my thoughts on why this happened? and How we should handle this in coming months? I can summarize the video in one sentence: do not try to predict markets, rather try to react!...
Hello everyone...dark day for the crypto market. The analysis of today will go through a couple of scenarios and my plan depending on the following BTC price action. I believe this is one of the best videos I have ever made. Hence I suggest you watch it. I hope this will help you have a better idea of what is going on and have a better plan! Remember, these are my...
Major cryptocurrencies have been falling due to fears over a new mutation of Covid-19 that may be more transmissible. There are fears it could evade vaccines which brings the possibility of further restrictions and lockdowns. The sell-off in global markets did not stop BAT from hitting a new all-time high. Basic Attention Token was up 40% at one point before...
This is a different point of view to Bitcoin. Every one talking about crypto crash, Biggest correction ever, Elon Musk tweets, China and whatever.. I want to show a different analysis on the market. So fasten your seat belt a watch the video. This is my first time making a video because I found a lot of data in this analysis, that if I put it into a usual post you...
@BitFink 😁👑😘😍🙏🏿👌🏿 i found something i learned from you!!!! Thanks a lot not a trading advice do your own ta thanks.
In this video I break down my crypto watchlist for this week as well as the current conditions on bitcoin in the beginning of the video. If you found this video helpful please make sure you like and follow for content like this every week. Also please note that this is not financial advice. Comment your questions and Good Luck! My Watchlist: www.tradingview.com
Double Top pattern is formed on Crypto Total Market Cap.
Seems we have experienced a double top recently on the charts, followed by a trend and a support break. Watching RSI very closely for a break of the 50, but at this stage it looks like the retest of resistance at 2.199T hasn't gone well, pushing back down to 2.04T. Right now, if we don't clear this 2.199T level, I'm expecting a landing zone around 1.81T as a...