With only a few days remaining this month, the monthly chart on Bitcoin is setting up to be very bearish:
As price action has gone up, Market Cipher B is printing a red Sell signal on the 1M chart, signaling a macro top reversal.
If this monthly closure confirms another macro top, bearish divergence will confirm on RSI (top half) and Momentum (bottom half).
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Bitcoin indicates a bullish sentiment as it rebounds from the Fibonacci 0.382 level at approximately $51400, suggesting an upward trajectory. The presence of green dots on the Market Cipher B indicator reinforces this outlook, indicating increasing bullish momentum. If the upward momentum continues, we could see a test of the $52000 resistance level, aligning with...
Same verse as before, just on a week chart. I have turned on MarketCipher A and as you can see the yellow X on the week which could signal a potential retest of support before a reversal to the upside.
If you look at the 1week & 2week time frames they are not great if you are a bull, this is about the best I can see on a 3hour time frame, we have bullish divergence along with money flow getting shallower, may the best I can see would be 28K, if we get above the 200 ema BUT don't bet the farm on it, trade safe, cheers.
Providing you guys with this trade set up, possible short and long position. I expect xrp to get to that POC confluence with a .386 before we come down drastically. That .886 fib is really important has previous range POC at about .3235 as well as some liquidity there. What i want to see on my indicator is momentum curving to the upside creating that bullish div....
Hello everyone,
for anyone who is a fan of Crypto Face's indicators, Market Cipher B has been showing the development of a Bullish Divergence on the higher timeframes. 'Weekly' timeframe in the current chart.
On the weekly, it seems as though both WaveTrend's are preparing for to cross. This is an extremely bullish indication. I think it's definitely something...
CAT can possibly just make a double top. The 3Month looks like it has the potential to pump it up a bit more. Looks like it might print a green dot on the Oscillator the Vwap is going up. Its also creating minor bearish divs on the 3 month. The weekly looks like it could print a bearish div on the Oscillator money flow looks week too. As traderes we should be...
Deeper Network DPR Crypto I had this program Market Cipher for about a year or so. I decided to start using it now for DPR to see how things will play out now. Lets see what happens now. You can see over the past year on this Daily Chart how there graphing programs work.
Bearish News: Eric CMO is apparently only doing his job for Deeper now on a part time basis...
call TITLE
BTC/USDT LONG
call TECHNICAL EXPLANATION
BTC bounced from the range low. Momentum indicators are telling me that BTC is oversold. And there is a BPRO divergence that is about to play out imo. I consider this as a risky trade, therefor I will enter this trade with a small capital. For a higher probability trade, I would consider to wait for the hourly...
As shown by the white circles on the bottom indicator on the screen (stochastic RSI), you can see how every time we have been in these overbought regions. A red dot signal on the top indicator (Market Cipher) has always occurred, these two signals have indicated very bearish patterns reliably every time its occurred on the weekly time frame. That does not mean...
I believe bitcoin will repeat previous price action movement (shown with blue circles). This can only happen if price can break and claim the first level of resistance (bottom purple box), from their it make continue to come up to the resistance level at 46500-47000 (top purple box), or it may reject at the 44500-45000 resistance level (middle purple box)
BTC 4H is looking very nice here. We are seeing momentum start to slow down here and give it time to cool off and put in a higher low so we can move higher.
Wolf pack ID is showing bullish strength and the RSI,STOCH and SVWAP are showing us a move down is inevitable here.
Time to look for more entries!
Hey guys,
BTC Daily chart is starting to look like we may turn around here, this was some classic Market Maker tactics, dumping the price at the sight on any bad news.
Massive liquidity grab here, if anything was learned here it's that you always need to lock in profits.
Or the market makers will take them from you.
We did initially reject the Daily bearish...
Hey guys and gals,
It's been a little while I've been very busy with my group and trading a bit!
As we can see from BTC we have clearly broken out of this long down trend and we broke out with VOL giving me confidence we will continue higher.
We briefly dipped into the weekly OB before reversing and breaking out which confirms that we were being manipulated out...
