Most momentum indicators( RSI , MACD , e.g.) show bullish divergence on the 1H timeframe.
SFP(swing failure pattern) worked out.
The price moves in a descending channel . There is the accumulation process under the channel's midline.
I expect an upward movement in the coming days.
In the chart shown, you can find all the key levels and resistance zones,...
For the mid - term (1-3 months), I think the Bitcoin price will move in the descending channel . BTCUSD had reached the premium zone by Fibonacci for bears and felt impulsively by 20%. Following my global vision, which you can see in the previous publication, I assume a planned decline to 39-40K in the short term(till 1 month). Then there will probably be some...
Let's start with the fact I started making forecasts on TradingView a long time ago. Quite quickly (in a year and a half), I became the TOP-1 in the TradingView authors' ranking. This rating was removed in yearly 2021. They promised to do something more interesting. We've been waiting for a half year. The details are in this...
Bitcoin dropped briefly below $40,000 for the first time since August.
I will looking for buys after bullish confirmation - for me it will be 5-wave + 3-wave structure which will show impulsive bullish formation.
This combo will allow us to buy in safe zone with fine stop loss leverage.
Yesterday I've took few risky...
As I said earlier, the following global scenario is played out:
Speaking locally, I said that we will break through 50k and all stop losses and liquidations were there. Therefore, we have grown to 52.7k:
We saw a drop yesterday.
After an impressive breakout, the next leg now follows (there was also the simpler ETHBTC play where buyers have succeeded and are ready to play the next deflection).
On the ETHUSD side, buyers have created a chance for Q4 to attack the highs. Sellers did not want to hold...
The maturation cycle has four stages of an asset’s life.
Stage 1: Basing Area (Consolidation)
S1 is when nothing noteworthy is happening. It can last for an extended period, from months to years, and is caused by a poor overall market environment.
Stage 2: Advancing Phase (Accumulation)
The transition from S1 to S2 may begin with little or no warning. There are...
Hi, this is a more local analysis of the Bitcoin situation.
After the recent falling, many are wondering - what's next?
And nobody will tell you what happens next for sure, but I will give my suggestion about the upcoming movement.
Making predictions is an unfortunate business. As you understand, I am engaged in this business. For me, it is about studying the...
#BTCUSDT Exclusive TA Update :-
$BTC Hit our entry zone very Fast.
Almost our Both entry zone filled.
0.5 fib $41288 filled ✅
0.6 fib $38540 Waiting
Hope guys It will also filled soon.
Now Tight your seat belts for Bitcoin Megha Pump.
Hello my friends!
The current situation tells us that we are halfway up in terms of time. Even though many are bearish, that has nothing to do with the overall bullish situation. I remain convinced that around 30k was/is the bottom. The current price action is a classic consolidation. And many are trying to push the price further down with bad news to buy...
BTCUSD down about -8% from today opening, dragging down whole altcoin markets.
Bitcoin opens today in weaker structure than I thought. Shape obviously looking like H&S and 42800 neckline may not hold much...
Bitcoin always drag altcoins more % down than itself. Dominance chart confirms the idea. So be careful, especially if you took alts during recent period of...
This sideways shitshow is just without an end, wonder if its because of the holidays maybe?
Alts were pretty weak yesterday, getting sold pretty hard once again. ETH made an okay bounce today but also nothing special. BTC made one of those moves again, i showed a week or 2 ago as well (they did 3 of those then). Confirming some whales are still Fing around with...
Sellers have given up the pivot, and after clearing FED, buyers are eyeballing pressure towards $46, $49 and $58 above.
A more solid representation is our long-term chart in BTC, but GBTC is also playable.
With sellers showing a lack of necessary tenacity, and...
Bitcoin price roll down -18% yesterday and now settle at 42800.
This week I see price action within sub 44800 range, before any major breakout will happen.
This time alt market will face short-term pullback, so we might get a good trades.
Keep your eye on global markets, correlation between crypto and stocks are back to high levels (chart...
Bitcoin approaching target of previous updates, now chasing 50K target.
From daily charts expectations was shared here and we can expect small move upside.
From mid-term perspective I will expect price to calm down, probably we will see 44300 or pretty close to it.
Hash Ribbons officially gave a buy signal after one of the longest capitulations in its history. In fact, this indicator was added to the favorites of 10,000 people on TradingView.
What do you think about this indicator? and share your favorite indicators with us
Best regards EXCAVO
The books show significant cluster of orders between 50 and 52k. Right after up to 60k not much (for the moment).
Which implies that a move very fast towards 60k could happen if we break 52k.
Swaps trading consistently above spot BUT similarly like in the previous bull run from 10k. We have Binance and OKEX perpetual swaps trading bellow.
This implies that...