DXY keeps consolidating around the local top area, forming an ascending triangle - the breakout will be crutial therefore this remains to be monitored. Either breakout will lead us to the according major trendline. Considerating SPX being oversold and VIX consolidating - it is likely for the Dollar to take a pause and go for that correction much needed soon....
SPX has bounced as predicted, but the strength wasn't there - it went even lower before retesting the local top, but now parameters are looking great. Trend Exhaustion is very low on H4, Highs&Lows and Momenter are also on the lower part of the graph - and most importantly - RSI is totally oversold. Upcoming NFP could be a trigger to push the markets up next week.
VIX has hit my target and is now consolidating in that area. The index bounced off of a major long term trendline without retesting the broken wedge. Further consolidation could result in a push up until that higher long-term trendline. Market is possibly also awaiting tomorrow's NFP results before moving in any direction. Stay tuned until tomorrow and we will see...
IT already broke the wedge, we are waiting for BTC to get out of this consolidation so we get the long awaited small bull run of hope, before the final countdown. Want me to analyze another asset ? DM me or comment your suggestion.
BTC is still slave of stocks - or even worse - But it may be because of the trend line restest here on the chart. Other than that - many hidden bullish divergences and I expect Crypto to come alive to retest the daily 200 ema in the near future. DXY, SPX, VIX and BTC analysis agree with this perspective aswell.
DXY is playing with us again, although a small push up doesn't scare me. Big hidden bearish divergences on TrendExhaustion and RSI, Even if we pump a bit higher, we will come down as drawn before. Patience.
So this start of the week isn't the most bullish, but you want to trade what's not on the chart yet. Checking H4 indicators, TrendExhaustion and RSI signal a hidden bullish divergence, meanwhile the price does new local lows - I expect a bounce to 22' (at least) in the near future based on that. Another Signal comes from the Divergence Spotter ("L") which...
So we've reached our goal almost exactly at around 26 - and all of that without retesting the broken wedge. Expecting now that pullback before the crash - this would bullish for stocks and crypto. This week could be pretty green.
Top of the Mornin'! Everything you need to know is on the chart - I remain bearish on the longer timeframe, but for now - I'm going to hop on this scalpable bounce up to around $57k area. Cheers!
Top of the Mornin'! So the prediction about the rested of last lows was nailed - now I expect the price to bounce up to 55-58k area by mid march. Hard to say if the momentum will drag the price higher, we will see how the price behaves there - but I'm expecting this to be a dead-cat-bounce and we could revisit yesterday's levelss afterwards. Cheers!
Top of the Mornin' ! Relying on the behaviour of BTC/USDT.Dominance, we can confirm the main trendline supporting the bull run, that I have been mentioning for a while now - It means we could crab our way till mid April and then see first meaningfull pumps. Cheers!
Not much - Hidden bullish divergence suggests move up - possibly a strong wick up - bull trap - and then down we go.
Top of the Mornin' ! So we touched the trendline that supports our bull run - and I don't think we're ready to go through it yet - therefore we begin our rally to 40k - and the real deal will happen between 40 and 42k - if we bounce from it - we're going to low 20's - if we break it - we go for 67k again and form a possible triple top (or cointinue up). But for...
Top of the Mornin'! Today I bring sad news. The weekly is amazingly bearish... For starters: - Whole Bitcoin's lifespan we were in a bull market - what we called so far "bear markets" were retracements from big deviations after parabolic moves - ofcourse the scale and length of it makes it look like a bear market - but it actually wasn't. We were on the bear...
Top of the Mornin' ! Bullish divergence on daily suggests upside to the price. Based on all support and resistances - I've drawn a possible trajectory that would lead us to a fakeout. The fakeout can trigger buy orders and could push the price higher - even to 60k - and then it will start going to 30s. Long for now, bearish long term. Cheers!
Top of the Mornin' !! This is a crucial one. Bitcoin has been on a long-term bullrun with no bear market - only retracements from strong top deviations. Always double topped ! We did it this time aswell - I'm not expecting new ATHs before retouching that area which would be crabbing on 40k area for a long time, or revisiting 30-31k area. Cheers!
Top of the Mornin'! So we crossed the Bull Run Main Support. I officially am a bear for bitcoin until we cross it back up. Until then - Let's trade! So here is my near-future suggestion - we touched bottom of the falling wedge again - so now the price will bounce up to the top of the wedge - bullish divergence spotted also confirms that move. Then we see if we...
Top of the Mornin' ! My targets of the bigger wedge stay untouched - but judging on a lower timeframe now, we have a descending channel that is willing to retest that main supporting trend line. Indiactors are reversing to the down side so I expect it to wick down below 45k and from there start going up. Bulls won't give up the bull-run. At least not...