Welcome to advanced Tothemoon analysis!
Well I did something) The estimated Tothemoon model.
This is an example of how you can use the fundamental Bitcoin metrics along with simple proportions and drawings. And without any H&S, gartleys and butterflies. Okay, I'll tell you briefly what I've done.
1) Cost per Transaction ( $/Tx , miners revenue...
Personally speaking, I'm not panicking about the imminent death cross for BTC.
Every time I look at the current price action for BTC, I immediately see the same top that was put in, in 2019.
The RSI as well as the bar patterns seem almost identical.
Volume has followed a very similar path as well.
With that being said, BTC seemed to be recovering in early 2020...
You have any hesitation above the chart
Have any glitch on the nzdchf weeklieas chart ? i hope traders can properly indentify my charting glitch !
CADCHF will be gone moon !
#CADCHF Where will be arrived?
CADCHF BULL prive movement prediction ready i believe that .
CADCHF mine own perspective so what's your opinion on the nzdchf price movement please comment...
Buyers continue local ascending movement from 29150$
All sales were bought out in a range of 37650-39775 $ after which the price moved in a new trading range of 44200-47200 $
In order to ensure the demand for the asset during the week additional 4 Billion USDT(Tether) was issued.
We can expect that the buyers will want to sell their purchases...
Sure, these times are different; although I like (these times) Like every other time I see something I like ;)
More institutional investors invested in crypto;
A crypto got attacked by a regulator with disastrous effects;
Fiat money is printed like never before;
The world seems to be in chaos; (What seems to be, is, to those to whom it seems to be. Said W....
Desde el punto maximo de BTC el 15 de diciembre de 2017 existe una fuerte presion de los osos en XRP, sin embargo despues de haber pasado 3 a;os en una direccion totalmente bajista y con la llegada del nuevo halving el 26 de mayo de 2020 es solo cuestion de tiempo para que XRP haga una reversion y los toros tomen el control del mercado hacia una tendencia alcista....
Looking at the previous four year cycles we can spot a pattern that shows the price shooting up the year after a halving.
2013 - 5,428.70%
2017 - 1,336.41% (1/4 of the previous post-halving rise)
Assuming a similar progression, we would see:
2021 - 329.16% (1/4 of the previous post-halving rise)
The assumed pattern, shown on the chart, tells us...
Let's talk about Bitcoin.
The asset is moving between two zones:
$17600-18245 Buyers Interest Zone
$18800-19420 Sellers Interest Zone
In case if the scenario, which was used by market-makers in May will repeat, the price can test the level of 18800$ collecting stops of buyers and those, willing to short. After that, we might see the...
After long attempts to pass the resistance level of 18800 $ Bitcoin went into a correction to the support levels.
As we can see, the trend's acceleration ceased as a result of breaking the trendline growth from 15800 $, the price fell under the MA100 by 1-hour timeframe and formed a downward trend on the indicator RSI.
Now we can distinguish...
The monthly candle for BTC/USDT closed with the victory of bulls just like in July earlier this year. It is safe to say that Bitcoin entered and continues to move in the bull trend. I would like to bring to your attention three ranges of consolidation in the current year which resulted in gains:
1) 6600-7450 $ in March-April ;
2) 8910-9900 $...
Initial 6 months after each event, the % gained over length of time is eerily similar.
There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result.
As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
Price action of BTC seems to be following the Wyckoff Reaccumulation schematic. Granted, distribution, accumulation, and reaccumulation all look similar, but considering BTC is pumping hard I wouldn’t bet on this being the time.
Second, @IncomeSharks tweet pointed out that the OBV is forming a consolidation pattern, as it has when correcting in a bullish...
1. Sign of Weakness @ 11100, range low support
2. Upthrust After Distribution @ 11900, H&S distribution resistance. Also parallel ascending channel TL resistance
3. Distribution, LPS, and Major Sign of Weakness at key S/R of 10750
Textbook Wyckoff Distribution so far. Check out this link to a...