At the moment, 50k-53k is a very critical level for $BTC in order to determine whether or not we'll move into a bull run or not. Another rejection and bobos will have a field day seeing no one happy for Christmas this December.
I've laid out a couple of scenarios for BTC:
-We breach the trendline and make a higher high and complete a wave 3 target...
Yesterday price dropped down below 200 EMA to the support zone. Later, it moved back up again closing above EMA and within the previous candle's range.
This pinbar has three supportive factors making it more significant than any other.
► It breached 200 EMA, yet it closed above it confirming the dynamic level to be a support.
► Opened and closed within the...
Hi ,In this video I will breakdown the reasons for the current Crypto Dump and and discuss about the potential outcomes of this event!!
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Idea for VIX:
- Testing my new Heisenberg's Uncertainty Bands indicator (HUB).
- Whenever price (time factored out) breaks out from the 5th Fibonacci level, it signals that greater volatility is approaching.
- As price becomes more certain (buyers and sellers agree to a level or trend), the uncertainty range of price contracts, and the...
In my opinion cryptomarket,will bleed huge. My fundamental analysis: NYAG needs documents from $USDT within 90 days, USDT market cap still rises as they print money, but in my thought at some point they need to redeem and burn their tokens in order to get their documentation in place. Every crypto (altcoin,bitcoin) graph draws head and shoulders on the chart, I...
many people still thinks we're in a V-Shape recovery , but it's a K-Shaped recovery in progress right now.
which is one of last thing you want to see in a major economy.
dumb money goes into many worthless tech companies and spike their market caps at unbeliavable levels. (just like before 2000 dotcom bust)
on the otherside industrial sectors are not showing any...
Has been very interesting to watch how BTC performs now on All Time High.
Here we have a nice setup. Ready for both moves up and down.
Fear And Creed Index 95 and have been on or close to extreme creed for more like 1,5 month ;D. So we are going to see a drop. The question is. Is it in a week or after another month. Use caution!
Bitcoin broke ATH...
We see that price has come back down to the 19.1386 support level.
If price finds support and moves up we could see resistance at the 19.3352 level.
If price breaks through this support and the next support is at 18.9059 level AND if price breaks through this level we could possibly see a big move to the downside.
In this analysis, based in our problems on the society, United Kingdom, Europe and United States on this week have bad news!!!
Now, we see in H1 timefrmae at the moment, we could have a good signal to put in long position to buy Gold. There's a nice opportunity to invest in Gold!!!
Maybe, Gold want to formed a shoulder...
Big Tech has shown strength in a consolidation zone for a month. After taking pause along with its FAANGM buddies, MSFT may make a significant bullish move toward Election Day. The Bearishness of Election may be already priced in. Despite very negative headlines all month and especially the last two weeks, these folks are still unfaced!
Microsoft is hitting higher highs and trending upward. Even though we have an upward trend, we are due for a higher low. I predict this higher low will hit this week with a low of $208. I will be posting daily candle stick segments to link to this publication. With election uncertainty we can expect some market volatility and we should be expecting to see some...
Bitcoin might be forming a triangle or possible double top pattern, huge breakout is coming by early october. But since it is very correlated with the stock market, we have to monitor closely on both market structure to identify the breakout direction, if bitcoin breaks and close below the 20 Week MA (140 Days) then it very likely could fill the CME Gap at 9.6k or...
Here's what we know for BTC: There are some similarities between the charts in February, right before COVID, and the charts now. Last time we dropped this far below the 200MA on the 4hr chart was February 26th. On the highest volume during the drop we were about 275% above the volume average.. When we dropped below the 200 MA on September 3rd, volume was about...
Here's what we know: We got to the top of our regression channel and just like every other time sold off at the top. QQQ volume was up 199% vs 50 day volume average today, giving it the highest daily volume since March 23rd. We undercut the regression channel for the first time since April 6th even though we bounced back today's wick was the first wick below the...
Since 5th of June to today - ascending tunnel formation built out of higher highs and higher lows creating the shape of a tunnel going up.
The range to sustain the pattern is 1789 - 1825.
A break below 1789 with a 4h close, will allow for further decline down, as a first stage to 1760 hourly support.
A break above 1825 with a 4h close, will allow for target of...
Waiting to let the market decide on July's trend.
Alts don't seem to care so much right now.
I think the interest farming thing is leading the people holding through dips and probably buying more.
Everyone's moving their BTC to wrapped BTC on the ETH blockchain.
Seems to be increasing the M2 of BTC but since this is the first ever Defi cycle no one knows if...
With protests and covid fears taking place in both the United States and Australia, as well as the stock market connected to each currency plunging recently, we can lean more towards the side of a sell. We are seemingly in a state of consolidation right now but another retest of our 0.70000 James Bond Area doesn't seem too likely. Jobless rates in the US will stay...