Since 2013 Crypto went through 3 major bear cycles. Let's compare the current drop in Market cap to past bear cycles. 2015: In 2015 Crypto market-cap crashed from the All time high of 8.9B to 2.1B High: 8.9B Low: 2.1B Percentage Drop: 76.4 % 2018: In 2018 after a crazy bull run and mainstream attention, market cap dropped from 761B to 91B High: 761B Low:...
OMiseGo price has been moving in a range for more than two weeks since April 11th, channeling from 4.20 ~ 4.90. This is a good movement because the longer the ranging channel, the more reliable the breakout. Therefore, our task now is to wait until the price breaks out of the range. After a breakout, we will then enter appropriate entries to chase the trend. An...
On the H4, with price expected to reverse off the ichimoku resistance and the resistance of the stochastics indicator, we have a bearish bias that price will drop from our entry in line with the horizontal overlap resistance and 38.2% Fibonacci retracement at 3147 to our take profit area at 2885 in line with the horizontal swing low support and 61.8% Fibonacci...
Following on from my previous post regarding LUNA. We can clearly see this is now in an ABC correction after having completed wave 5 to $118. LUNA is now trading below the ML of the green TC and also under the ML of the red TC. With the impending DC starting to converge I expect a breach of the green TC to the A before a bounce. However this would take us to the...
Bitcoin took another dive after flirting with the $45K's. We were encountering choppy trading with thin volume and the Kovach OBV has completely leveled off confirming the ambivalence. We do appear to be seeing support just below $45K, but if this does not hold, there is a vacuum zone back to $43.8K. We will have further support around $42K and $40K if the...
Btc price is currently doing compression(in my own point of view), i am waiting for 50500 to sell and previously at 51100 there was an Engulfing sell in that region putting more confirmation to me that this is a strong selling zone, i also sight a selling imbalance at 53800, price might need to get to this price before it massive sell.
Just an idea and trade at your own risk. Bitcoin is bullish on the daily and weekly timeframe. Bitcoin broke a triple bottom pattern on the daily timeframe and retested its neckline with next first target 55000 and second target 70000.
This could be our bounce zone for a macro double bottom… this a GANN study DCA Safely assuming Btc does correct to much more, 36k ish would be lowest for btc and Macro Double again
Bitcoin has been moving in a broad rising channel on the weekly chart that started since the April's peak. Recently, the price bounced on the support line of the rising channel. This pullback came in line with the primary bullish trend as the 20-week EMA is still moving over the 50-week EMA, which indicating that the bull market is still intact. The appreciation...
For the 5th part of the macro analysis series, we are going to make a deep dive into Bitcoin. However, before we get into it, we would like to make a little summary of all the previous parts of our series, in regards to the way that the Bitcoin could be affected by factors outside of the crypto market. In 2021 inflation rose significantly in the US, as it did in...
Traders, I recognize that not all of you want to watch a long TA vid with me droning on and on about trendlines, trading patterns, price movement, etc. etc. Personally, I am a big fan of BLUF, Bottom Line Up Front. Just give me the quick and skinny and I'm out. This could come in the form of bullet points, headline items, or infographs and charts. Video time...
to the moon! COINBASE:CROUSD buy , sell, buy back!!! from under $1 to over $5 sel!!!! buy back $1.5 and below, and ride to $10-20 consistently TAKING PROFITS ABOVE $10
ADA is forcing the top of the blue channel, if it breaks the channel, its target may be 1.30, if not, it may come back towards its target 1.00 I'm using Fibonacci circle , Fibonacci levels , Fibonacci channel to create this analysis so Dont think that this is just figment ❤️👍🏻 Please support me with LIKE / COMMENT ❤️👍🏻 DISCLAIMER: This post does not provide...
Potential cup and handle forming in the daily. BTC is still in a range and DENT is holding pretty well above previous lows. DENT is ready to pump hard in my opinion, the macro structure is there, we may need a bit more of volume but I think the future months looks pretty good for this project.
Huge bullish pennant on the weekly, we've been building this structure for the whole year, and you know that the longer we take to break the structure, the harder we pump. My target is five cents minimum, I think we could go way higher than that considering fomo and the news DENT has for the next year. Trade accordingly.
Not financial advice.. With major ICE airdrop news coming any day now, and BTP just around the corner, now is a great entry point in my opinion.