Cryptodreamer88

Cryptodreamer88

Hi friends, I haven't done a BTC analysis for exactly 1,5 months, this is because it makes no sense to analyze something that hasn't given important signals in these 2 months. The last analysis so far has proved to be correct and in fact it is following what was the option number (1) LATERALIZATION followed by an important drop, option (2), this makes me very...

Cryptodreamer88 Updated 

ATTENTION! Yesterday exactly what we told each other happened, now it is a very very important moment, I would say the most important! The NASDAQ, even if lately it is little related to BTC is in a situation that has not occurred for 13 years and consists in the risk of breaking the 200 MA on the weekly TF, this could happen when the markets reopen. It also means...

Cryptodreamer88

Hello lads, I wanted to do an analysis to share with you what I saw in the chart and I consider it seriously interesting, they are signals that can determine the strength of the supports also for the future and tell us if the current price begins to approach the minimum phase. So let's start with a Weekly TF, the trendline shows that up to at least 30k we are in...

Cryptodreamer88

Hello traders, I leave you an update on BTC, I am very satisfied with how the last technical analysis went, it is really a powerful tool! So .... we are still in a very dangerous phase, probably one of the most decisive and I will explain why. I left you the screenshot of the graph to TF Weekly and as you can see we bounced exactly, amazingly, on the only cluster...

Cryptodreamer88

As I said last time guys, BTC is in the most dangerous Bear Market phase to date. As you can see we are on the support created by the Shadows on the Weekly chart, always around 30k, with the difference that before they were shadows and today we are with the body of the candle at these levels making the price normal and not oversold. The danger is that below this...

Cryptodreamer88

The technical situation for NASDAQ is not the best, we have a lot of bearish signals and I think that can easily happen given the macroeconomic situation and interest rates that are keeping the entire economic sector on its toes. From the weekly chart we confirmed a head and shouldersand had the Neckline break on May 2nd, perfectly retested with a green candle and...

Cryptodreamer88

Since the last analysis my idea has not changed, as mentioned there was the possibility of seeing the green up to the maximum threshold of 33k and so it was, stopping for now at about 32.5k, but from the global situation it is probably nothing more than a physiological rebound. I say this because before we see a reversal signal we need to strongly break the 32k...

Cryptodreamer88

Little has changed since the last analysis, we have not found a rebound but we are lateralizing by creating a strong trading area between 28.5k and 30.5k. The situation is dangerous to say the least, this "rising wedge" has been created which does not bode well as statistically we are faced with a pattern that is broken most of the time to the downside and could...

Cryptodreamer88

I hope I'm wrong, but we could be at the start of a fake Breakout next week and then descend into the abyss towards 20K !! This is a purely technical analysis, valuing only the data provided by the graph, they are always substantially BULL but I cannot exempt myself from the clearly BEAR data. As you all know, breaking a MONTHLY TREND is the worst thing that can...

Cryptodreamer88

Good morning everyone, the situation is not the best and I want to anticipate an analysis involving the TOTAL MARKET CAP since unfortunately, as you have seen, LUNA has raged heavily on the entire market, creating panic throughout the crypto ecosystem. the dominance of BTC has grown because I believe that the funds that were on LUNA have been moved to asset n1 in...

Cryptodreamer88

BTC confirmed this week that it does not want to follow the trendline which was still slightly bullish, confirming a red candle that completely breaks the trendline hitting 35.2k, a price that we have not touched with decision since January. On the weekly only one positive thing can happen that we all hope for, the fact of seeing a false weekly breakout which...

Cryptodreamer88

BTC is one step away from BEAR MERKET, I'm sorry to say but these are the facts! On the weekly we broke the trend line with consistent volumes that have never been violated since January. The only hope for the BULLs is a 37k rebound as I said at the end, but they have to find the strength to go beyond 40k to find the hope, it's the last hope! Opening the chart of...

Cryptodreamer88

Over a weekly time frame we are supported at the bottom of the channel which coincides with the trend line which makes it an important support. If it breaks this downtrend channel, a false breakout could occur near the last support at 37k. Also broken the 37k if we confirm a lower weekly we are in a probable bear market. If we stay positive and expand the chart...

Cryptodreamer88

ETH presents a weekly chart with a TRENDLINE still bullish and compared to BTC it has a bit more strength. For now it seems to follow the six-monthly cyclical analysis of a few weeks ago and I will be curious to see how it continues, if it follows this cyclicality we should reach 5k between June 1st and June 15th, this is what I would like to see. For now on the...

Cryptodreamer88

BTC is still inside this slightly bullish channel and momentarily bounced perfectly on the wedge's BOTTOM leading us to face the resistance of the 42 / 42.5k point tested several times. On the weekly I would like to see what I drew using the FIBONACCI tool (what I would like to see), remaining on a purely technical analysis now on the Daily we have created this...

Cryptodreamer88

BTC features a very clean and tidy chart on Weekly. We are inside this channel and hit bottom and then rebounded through today leading to the formation of a (technically) bullish Hummer candle. Following the weekly chart are bullish, main support 40k. The TF daily always touches the Bottom of the channel now we are facing the resistance of this cluster which has...

Cryptodreamer88

Personally I think the graph is very clean. On the weekly, it broke the wedge at the end of March and then re-tested the upper zone of the wedge used as support along with the 30-period moving average. I want to see a nice rebound in prices and take us to 2.4 trillion. As you can see, the graph that runs from the beginning of May to the beginning of September 2021...

Cryptodreamer88

If we follow up on the previous idea (go to last analysis) for now we have fully hit the Bottom at 42k. If we confirm the Higher low at 42k, I believe that the Bulls can push back the price on the top of our wedge at at least 46 / 47K. I used FIBONACCI to understand how the price could evolve proportionally, and it is very interesting to see the precision and...