Certainly took it sweet time but #Bitcoin finally filled the gap
NOT TOO LONG AGO WE STATED THAT THERE WAS SOMETHING WRONG WITH #BTC BUT COULDN'T PINPOINT WHAT IT WAS.
Over the last couple of weeks we've been saying that sell volume has been more prevalent than buy volume for $BTC.
While it wasn't heavy it was still interesting to see sell volume picking up....
Hi everyone!
I know that there are not many people here who use the Future, but our goal is to always look for new information, in this case, it is possible, after the rally, an approach to the GAP. I don't know if we can close it, but knowing that the market will try to do that is already something useful, right?
I don't have the crystal ball yet (Amazon is a bit...
We're @ the MOST important level for BTC since we stated long ago that the 24k level would be an issue.
Now we're closing in to the 20,500 level & IT MUST HOLD. If that doesn't hold we're looking @ a gap fill & possibly lower. The next level is 20k.
#BTC is entering oversold territory. We have mentioned previously that we were almost there.
Interesting enough...
There's two distinct possibilities here for crypto, Bitcoin topped or it will go sideways to coil for the next big move to the upside, likely for 7-8 weeks, or a few more months...This is not the type of juncture where you wanna be heavily involved, and if you are I would consider hedging with OTM puts for 8 weeks, or selling calls OTM for that long.
Shorting is...
Saw nice looking DOJI last night on 4HR $BTC but it lacked volume
On 1Hr today we can also see some signs of recovery with some buy volume beginning to come into #BTC.
IMO the $SI fiasco should not be an issue per say. However, we see regulators encircling like vultures over the crypto world & that can leak over via regulation.
We noticed yesterday that many...
Bullish case: golden cross, CME gaps at 29k and 35k.
Bearish case: long-term bearish continuation on OBV, CME gap at 20k, strongest area of support between 9.3k<->11.85k.
$BTC has lost a lot of steam lately
Breaking another trend, yesterday
#BTC Sell volume has been decent, big chunk of the buy volume is GONE
We now have a BEARISH moving avg crossover
If we bounce @ any time the dotted line is eventual target
Even #altcoins are dead
#crypto
we could break up and continue to move higher but i would assume IMO that we will continue accumulation for a while as big players begin building based for the upcoming bull market.
The RSI is holding above its ema, Watch for break below the RSI's EMA
here is my chart with a bunch of draws and add-ons
we will see where this goes over the next few hours maybe two days
I am entering at 22000
and pushing to 24500
or this chart will be crap... lol
here is my chart with a bunch of draws and add-ons
we will see where this goes over the next few hours maybe two days
I am entering at 22000
and pushing to 24500
or this chart will be crap... lol
Everything looks good that we have climbed to the 4th hunting peak. Now the bulls are waiting for increasing short positions and waiting for the perfect moment to jump on the 5 up train. I think after this event, if it happens, we should continue to monitor the market and its psychology, because the paper hands will take everything as possible. Next I believe a...
2/2
As you can see by CURRENT TREND the moves are getting LARGER
Intraday $BTC has that bear flag formation BUT daily #BTC trades along that current trend
IMO daily > Intraday
#bitcoin going through consolidation phase
Will know direction soon, likely higher
#crypto
MANY #altcoins look like they want to BOUNCE
Previous post was for #altcoin that are LEADING & likely going higher once $BTC changes direction, if/when
Taking quick look #BTC BEARISH FLAG
30 Min & 1Hr confirm
INTRADAY = Not huge moves, usually
Hello everyone,
I am excited to share my first post and my analysis of Bitcoin futures on a daily chart frame. Based on my analysis, I believe that Bitcoin may be on track to fill the gap at 28,740$, however, there are some important factors to consider.
One of the key indicators that supports my analysis is the Relative Strength Index (RSI), which is showing a...
The previous discussion on the trend of Bitcoin has been largely validated, and it is currently oscillating within the second interval. At this point, it is important to exercise patience as there is limited downside space at the bottom. However, even with a good grasp of the trend, profitability is not guaranteed without sufficient patience and good operations....
According to news from Russia, the unified digital currency between Russia and Iran may be implemented before the end of the year, which means that the bilateral local currency settlement between Russia and Iran has taken a big step forward and has reached the threshold of a unified digital currency. Not long ago, the Central Bank of Russia announced that it...
