On the one hand, this was a needed mini selloff, likely liquidating more leverage out of the system and resetting funding rates. BTC trying to hold $68k and ETF money still goes brrr... Will money flow slow, or we get another big push up Monday? Lots of buy order blocks around $60k up to GETTEX:64K and the crypto day traders are shorting now with that target...
Crypto was weak today on the surging dollar. We saw altcoins and BTC selloff. A massive intraday bounce has occurred but will the support level hold. Crypto equities saw a bullish buy from the lows.
Bitcoin has put in a nice reversal off support! Its tapped this same support level twice & held. Some BitcoinDominance is being observed.
Welcome to our video where we talk about the best way to spread out your crypto investments. We'll break down the key ideas and important things to think about when deciding where to put your money in the ever-changing world of cryptocurrencies. If you have any questions Feel Free to reach out!
Sorry about the mic fuzz at the beginning. Leave your questions & thoughts in the comments. To sum up: Bulls to regain control until the start-mid November at 30k levels Bears to very quickly take over at those levels This aligns with analysts' timing predictions of a heavy recession start. Considering DXY likely not being stationary, 30k is a rough...
For the total cryptocurrency market cap, a death cross between the 21-week and 200-week moving averages on a weekly timeframe suggests that the market might be entering a period of extended bearish sentiment. Traders and investors might interpret this as a warning sign that the overall trend is weakening and that further declines could be expected. However, it's...
Look at the weekly timeframe and your indicators to find future divergences that could set up for entries. Bulls are going to get destroyed in the next 12 months.
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out, as well as determine key zones of support and resistance. You do this by drawing up trend lines on the chart, from a...
Looking at the total crypto market cap to see where in the distribution phase we are at.
Quick summary of my opinion concerning BTC's next movement
I have noticed that the more I pay attention to the media the more things don't make sense. Somehow these charts signal that the crypto market will grow and rise. But then also when I look at the stock market S&P500, there are signs that things might improve and the price will increase even though inflation is still in the house. SO, we have gathered that the...
Bitcoin is now reaching out the strong resistance zone which is the alignment between the resistance trend line and the golden ratio level. Let's see what will the price reacts because it's a huge resistance zone.
I tried to draw comparisons between the crypto market and Newton's laws of motion: First law: In the crypto market, a cryptocurrency's price may remain stable or continue to move in a certain direction unless acted upon by an external force, such as a major announcement or market disruption. This is similar to Newton's first law, which states that an object at...
chart is comparing total crypto market cap overlayed with btc what im trying to show is the historic trend of where we were compared to right now
Better to be out of the market wishing you were in rather than being in the market wishing you were out. Share the Love so we can help more people. DON'T PICK BOTTOMS!
Hi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 Bearish market rallies are meant to look like bottoms -...
Hey guys, its been a while so thought id break down the charts on BTC and TOTAL + TOTAL 2 and my perspective and bias on the current price action
Warning in all asset classes remains. Better to be out of the market wishing you were in rather than being in the market wishing you were out. Share the Love so we can help more people. DON'T PICK BOTTOMS!