El_Morenito

El_Morenito

Many of us got excited recently when a huge BTC move made all alts go with the flow a gave a scent of a possible bull run, The signs however are somewhat mixed, lets see: Plenty of buy orders since august in this range, The RSI shows a break in the trend, beginning with a bullish divergence and the volume looks solid, and the MACD has already crossed on the...

El_Morenito

Rsi Broke the trend a few days ago, EMA 50 broken on the daily timeframe, macd was just testing on the weekly to bounce back down, TOTAL2 shows similar beaviour revealing money flowing out, BTC.D shows BTC dominance to increase, whilst BTC dips in value, Stock to flow model shows begginning of exhaustion. distribution can still be happening, so short term can...

El_Morenito

The TOTAL2 Market chart is for one of the most beneficial for all the altcoins as Standard TA applies, There is a saying that goes "when the sun rises its for everyone" The principle here has to do with cash flow and looking for the market as an overall, the transition is less volatile due to the high volume, just imagine a big ship that needs to do a sharp turn,...

El_Morenito

RSI Support has broken ages ago, its exhausted, nest stop 2 usd. all the way to 1.19 . My doubt was if it would break the RSI 50 line. This is i confluence with the TOTAL2 market inversion approaching, and also the BTC.D (published my analysis a couple of days ago. It can still invert but from the volume it has i highly doubt it.

El_Morenito

The dominance chart is one of my favourite charts because it pretty much dictates where all the alts are going. BTC has had an AMAZING run since last December, and now its time for alts and BTC to dip. The support level that is tapping and has yet to hit (should hit in the next couple of days or so) is the same of 2018, The second tap usually signal an inversion...

El_Morenito

I've come to grow a big fan of the Ichimoku cloud associated with BB, RSI, and sentiment. In this chart we can see that BTC has broken over the Kumo cloud on the daily time frame wich is a good bullish sign on the long run, However this does not exclude a short return to a lower level but to yet bounce again remaining over the cloud. However BTC may not even...

El_Morenito

Whilst the bullish feeling is still maintained by an uncertain uptrend sentiment, for me, this sentiment will increase gradually since BTC is bouncing off the 200EMA line on the daily timeframe. However, it could be performing a H&S pattern after hitting the 100 EMA as a dynamic resistance in the 47k area on the way up, and continuing this rally on the downtrend...

El_Morenito

#dammit #wherethehell #altseason #fakey #prank #KCS

El_Morenito

So we've been enjoying a wonderful ride down memory lane with an explendid alt season, However the dominance chart shows us that we are approaching a strong resistance Level on the Fib retracement. piercing this level brings us closer to test historical. In The BTC chart the 4h timeframe reveals that diagonal support has been broken, the 200 EMA have crossed all...

El_Morenito

The dominance chart for BTC indicates that the alt season is on and imminent on many coins, this in conjunction with the ETH Berlin Fork and BTC correcting to 54k, means that alts can see a huge surge. The diagonal line is the support for 2018 which means that alts are likely to go above and beyond their value in satoshis. support lines are where we should see...

El_Morenito

Sushi seems to have broken support from the line that was held since January, opportunities may arise for the next leg up from a lower support; Higher volume is tangible since product developments are expected throughout this year, also because bitcoin is yet to fully complete its expected cycle. Trade wisely. #BTC #SUSHI

El_Morenito

For entertainemnt purposes only// BTC D FIB test. After that it either drops sharply or it keeps climbing for testing on higher ground. #firstpublishedidea