About meI have been investing for over a decade mainly in currencies, but have taken more interest in crypto over the last five years. I post frequent analysis, on both micro and macro perspectives.
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Bitcoin has found support overnight after a brief period of consolidation. It has also broken our macro resistance trend line that was labelled in the analysis attached. From this, we have a long position for the day to retest resistance. Please follow me and check out my profile to show your support.
Bitcoin has broken macro resistance which means there is a strong chance of a relief rally towards 17-18k. If we are able to secure these TPs then this could signal a market bottom, but we still have a way to go yet. Really tight stop loss, and a high risk-reward ratio just in case the market rugpulls. Enjoy!
Hello everyone, last night we saw a relief rally across Ethereum which wiped out the short position I have attached to this analysis. I am however sending out a second short as I believe the relief rally we experienced was standard chart physics / a fake-out. Don't forget to view and follow my profile! Thanks!
Hello everyone, before reading ahead I want to let you know I am a Bitcoin maxi, but I also have to listen to the charts. I am not convinced we have a market bottom, there are still a few questions left unanswered fundamentally speaking that will allow us to create the path for macro upside. This is the last area of macro resistance stopping the price from a macro...
Ripple XRP has found support at Fibonacci after a rocky day and looks like it could swing bullish back into recovery. We nailed the last XRP long, which has been attached to this analysis. Let's see if we can do it again second time in a row.
Bitcoin has been subject to market fundamentals overnight where we saw the FTX hacker's wallet start getting active again. From this, there is a pause, and it looks like Bitcoin is starting to recover. Risky move due to the current market fundamentals, trade safely and manage your risk.
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Hello everyone, we have a scalp on the cards for XRP today, where it looks likely that we will see a test of local resistance. Similar to my XLM trade sent out earlier, we may be able to get above and hold the key Fibonacci level highlighted in blue, which could then act as support for more upside.
Stellar Lumens has found support in recent days and looks likely to retest resistance as shown. If we can get above the Fibonacci level of 0.382 then this might be able to kick in as support for the retrace and ignite further upside. Play it safe risk wise, the markets have a lot of negativity at the moment.
Bitcoin is nearing a breakout to the downside. Head and shoulders have helped bring this entry forwards. If the neckline breaks, I expect a retest of local lows, if not full capitulation. It is worth noting that today is the 23rd lunar day of the month meaning that the final phase of the moon starts now, which usually has an effect on human phycology.
Bitcoin looks like it might have found short-term support and will naturally consolidate from here. Looking at medium timeframes, this might fuel a relief rally back to the upside as capitulation failed to happen once again. Trade safely and keep the stop loss close in the event capitulation kicks off, macro timeframes suggest a bottom isn't in yet.
Hello everyone, ETH is starting to top out below key areas of resistance, highlighted many times in my previous analysis. I expect a retest of support today, but be careful with risk and leverage as there is always a chance of a small macro relief rally. I think the bottom is not in yet and the downside will continue.
Taking a look at XRP macro tokenomics and price action, the bottom could be as low as 10p before we see any strong signs of support globally from both the retail and commercial markets. Those that follow me will understand that I have been warning people of a market reset, this is the current target for XRP in the event this happens.
Here is a macro timeframe Bitcoin chart since inception, highlighting key levels of Fibonacci, which result in Golden Ratio numerals. Whilst nobody wants to admit it, we are facing a potential low as far as $5000 if we do not find support this week at the 14/15k levels that are likely going to be tested. Stay safu.
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Hello everyone, thanks all of you who have supported my analysis over recent weeks and months. Just a heads up, we took profit on BTC overnight and plan to get back into shorting this week. The overnight price action looks like a fake out, which will more than likely be unsustainable. Let's have a cracking week, don't forget to follow me.
If you haven't seen my macro analysis calling for a $200-$300 bottom, then I recommend checking out the linked idea. In the meantime, price action calls for a test of support as shown in the chart image. If we break back above the resistance area shown then it could flip bullish, until then the bears are in control.