FOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN is not in a bear flag like others have posted. Bitcoin has been in this symmetrical triangle for about a month now and it broke to the upside in a bullish reversal. Bitcoin will climb to about $40k on this run before a correction possibly back down to about $25kishthen continuing its...
Hello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Good Luck. If its useful please like it as a support and follow me for next analysis :)
We have a perfect C&H pattern now breaking bullish on the COMPUSDT chart. We have high volume, green candles and bullish indicators... This is all pointing higher. The target is set at 45% from the current prise based on the chart pattern. There can be additional growth. Namaste. -- Disclaimer: All the information shared here is intended for learning and/or...
When looking at the weekly chart for USDT.D (Tether Dominance Index), we can notice a full red/bearish candle. We have a rising channel also breaking bearish: Together with a bearish harmonic pattern. The RSI is pointing straight down: One last signal is MA200, the black line on the chart. We can see it rising and we know that prices tend to gravitate...
FOLLOW, LIKE, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN Is in a clear Megaphone pattern. I believe the pattern is bullish and in continuation of the MACRO uptrend. On the fifth touch at around $80k at the end of this year we will see if Bitcoin can break through the top line of the megaphone and blast to $200k plus! This pattern...
This is the daily chart for ICPUSDT (Internet Computer)... It goes straight to the point, the signals: 1) Higher low; 2) Strong RSI; 3) Bullish breakout... Now let's look at the weekly timeframe which is the one I wanted to show you. We will use the TD Sequential with candlestick reading. These two do good together since the Japenese used to count the candles...
Good evening my fellow crypto-trader, I hope you are having a wonderful day. Let's look at IoTeX (IOTXUSDT) on the weekly timeframe together... We start with the major downtrend marked on the chart. This downtrend has been broken. Notice the long lower wick candle on the week of 9-May. This wick sets the low. We have a -9 on the TD Sequential after the low...
Hello my beloved cryptocurrency traders, supporters and readers... I hope you are having a great week. Let's start today with the Tether Dominance (USDT.D) index chart. Our focus now is on the next target/support. We see a 10% drop happening firts. A small bounce... Followed by another drop that will end at "C" or a total of -20% from the current price. ...
We are looking at the 3D chart for XECUSDT (eCash). This is a low risk setup. We can see a nice 170% profits potential mid-term. Where a stop-loss can be set at around 23%... You get a good R/R ratio on this one. This is not financial advice. Additional details on the chart. Namaste.
FOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN is in a symmetrical triangle pattern and is testing the upper resistance of the triangle. A lot of times these formations are continuation patterns which would mean more downside. Sometimes though these break to the upside and I think that is what is happening here. The MACD, RSI and...
Bitcoin is about to go high up if we reconsider the inverse correlation between USDT.D and BTCUSD... Let's read the chart. According to the USDT.D index, Tether Dominance is about to have another leg down; a major drop on the EW ABC correction. This drop can take USDT.D to 6.45% or lower at around 5.70%, this would equate to a price jump on Bitcoin to around...
This is yesterday's chart updated... The major resistance short-term has been defined at 8.02%, since we have an interesection of two trendlines and two rejections. The bias remains the same as yesterday. Bearish below 8.14%. Bullish above. We are bearish in general as we've been tracking this one and expecting a drop. We adapt to market conditions... We...
By Checking the 4H chart you will see an ascending CUP AND HANDLE Chart pattern that is completing it's self It is on of the cause that makes bitcoin bearish Also if you look in ''BTCUSDSHORTS'' The Ratio of Short positions in BITFINEX exchange is in a Strong support area. The sharp Decreasing wave after confirmation will be continued Until 17K
This is the chart that I have for USDT.D (Tether Dominance). 30-June sets the high and 2-July the lower high. This is a short-term chart. The marked candle 2-July '22 05:00 gives out a short/sell signals. The RSI trending lower to move below 50 gives out another bearish signal. We can also see a loss of the 10 sessions average support price at 7.92%... ...
Looks like we have the complete b wave of the ABC correction we mapped a few days ago. We can see EMA50 holding as support after a higher low. This is set at 7.58%; This level is very likely to fail. The RSI has gone bearish (below 50) and we have a clear lower high. The next target is set first at 7.02% followed by 6.37%. If we see straight down, as the chart...
Current Market Cap - 6.3 Billion Tether dominance has risen over %284 ever since the market peaked back in November last year. However, it is starting to show weakness after it made a higher high while RSI made a lower low. The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency We could...
Hello my friends, This is an update of previous analysis (blow link). Consider USDT market cap to help identify market movement, Everything is marked on the chart. Good Luck. If its useful please like it as a support and follow me for next analysis :)
This is the long-term chart for Tether Dominance (USDT.D) and we are looking mainly at an ascending channel. Each time the upper-band of the channel is hit we get a retrace/correction. The upper-band being hit coincides with an overbought RSI. An overbought RSI has always led to a strong correction. Just yesterday/last week, USDT.D closed with the highest RSI...