💎Technical Analysis Summary💎
-Bitcoin is back above the 60k dollar and hitting as high as 62k dollars
-Only a few percentages away from making a new All-time high price
-The bulls have shown a strong move up since the breakout of 58k dollars
-For now, if BTC can hold above 58k as an immediate support area
-The chances to test the ATH level in the...
Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
The Total2 which shows us the total marketcap excluding BTC.
Looks bullish and we can see an inverse H&S formation.
The candle already broke above the...
Hello everyone 😃
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BTC has followed the April's fractal as a repetition to break above the major resistance ( $50427.56 ).
Now it has reached another major resistance zone and most of the indicators are overheated, Also...
Using Fibonacci time and identifying base structures we can use this tool to identify when the next top will be
0.618 was favored in the last bull run as a top point and will likely be favored again
This top aligns with June 2022, so we have a lot of the bull run left
I haven't assigned a top point because this could absolutely m00n, and just knowing the time is...
This chart suggests we are consolidating before phasing into phase 2 which is intensely more bullish than the recent bull market we have seen
This is under the assumption that price action repeats as it did in cycle 1, which evidence for this can be seen in the green circle and the current place we are in the yellow box
Using my other charts I estimate the current...
MartyBoots here. I have been trading for 14 - 15 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin & ALT Coins are Setting up for a HUGE bounce and we in CryptoCheck intend to make lifechanging...
This is the 4Hr chart analyzing the chart patterns present on the chart
Price is touching a strong support, price will likely test this line (solid line) and bounce upwards off it
This is for the altcoin market (TOTAl2)
Wedge structures are very common on this one
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Chart is daily time frame,
RSI is calming down and ready for next leg up.
We are looking to hit 1.68 fib, but may go beyond and visit 100$
I will sell 15% of my holdings at 80$, keeping rest for grandchildren.
When will we see TP1: Next 2 weeks.
Why will it...
Hi, this is mye new update for Total Market Cap Exclude BTC. This is the moment guys, we have now completed a cup and handle pattern, in the NEXT couple of weeks we are going to see massive gains in Total Market Cap. One thing we have to notice is that the gains from bottom to previous top is 132% and from the definition of cup and handle, when we break the all...
Just some observation from previous alt-season, when strong resistance was found in 0.236 of Fib chanel and then main pump begun.
Also similarities with touching 50MA and 200MA.
Still waiting for main leg up for altcoins considering, that top alts has not risen vs BTC.
Btw, here is chart dominance of BTC. Also decisive moment
Cap needs to break the falling resistance in order to move towards the eventual target of 1.80T.
Major levels of resistance are around 1.35T followed by 1.42T. Doing so would open ATH's for market cap.
Initial support is seen around 1.2T followed by 1.15T.
Many of my charts are suggesting a June 2022 end to the bull market
Similar price points can be seen at .618 and 1.618
The curved pattern is pretty cool to observe, I wonder if it will continue further upwards
We are currently in the green circle, a pullback after a bull run, preparing us for the bigger second phase bull run, which is plotted after the green...
Using True Strength Indicator to display similarities
Comparing last bull run to possible and likely future bull moves
Looks really good so far
Let me know through message or in comments if you would like a link to this indicator !