Mansasuma

Mansasuma Updated 

- a follow up on my last analysis which you can find here: - in my opinion Bitcoin will accelerate to the downside in the next 2 days max - first target is the blue support line

Mansasuma

- the divergences on this indicator have had a phenomenal hit rate - I personally didn´t expect a rejection from the 50k level but here we are - with today´s rejection of the mid 49k region it has become quite likely the bearish divergence will play out from here - first target in the event it plays out is the 0.618 fib at roughly 42k

Mansasuma

- a follow up on my last analysis, which you can view here: - what is potentially an extremely bullish argument is the fact that despite Bitcoin being up +60% from the lows at 30k, the funding is still more or less flat or even negative occasionally - if you look at the chart, BTC is at the same price level it was back in February yet then the funding was...

Mansasuma Updated 

- this is the follow up on my two previous analyses. I´ve been bullish since 32k with 45k area being my final target before ultimately projecting for the bear market to continue but the market, as always, clearly has other things in mind. - two key things: 1. price being above the 200MA and having a POSITIVE slope Absolutely critical piece of info, if you go...

Mansasuma

- this is an update on my last analysis: - while my initial target was at the high 40k region I can´t deny that the market is showing more strength than expected (evident on very low tfs) - a hash ribbon buy signal is around the corner as well and when it comes, the overall crypto market is extremely likely to go higher for at least another 15 - 20% - I would be...

Mansasuma Updated 

- very rarely do I see orange stripes on the indicator last more than a day or two which means vol. expansion for ETH is around the corner - volatility is directionless but based on some other things the likely direction of vol. expansion for ETH is up - the golden pocket starts just above 3000$ and represents a perfect area to take profit on long positions and...

Mansasuma

- a follow up on my previous idea, which you can see here: It took longer than expected but the market is still on course for some upside - previous divergence was a bearish one - and it sent price more than 50% lower - the bullish one hasn´t played out and since BTC reclaimed the 31k level, it´s likely it does play out sometime soon - 0.5 and 0.618 fibs should...

Mansasuma

- areas of high interest tend to be retested once broken - in 2018, 6k was key support for Bitcoin however, in early 2019, price hasn˙t retested it and went straight to 13k region - sure enough more than a year later price came back down to 6k during the March 2020 capitulation but this time it acted as support officially confirming that crypto is ready for a new...

Mansasuma

- multi - touch trendlines tend to get big follow-through once broken (see example here: ) - since we got a break to the upside + a retest of the upper trendline, it´s likely BTC has bottomed for the short - midterm and is going to test higher price levels

Mansasuma

- price action right at the edge of the 2D Kumo cloud - 2d anomaly (white stripe) should be a very very powerful signal - upside breakout confirmed with acceptance above 41k - final target is low 50k region

Mansasuma

- very easy invalidation - target above 80k per BTC should the pattern work out once again - in case the weekly 20MA + the 55 level on the RSI are lost it becomes much more likely that BTC and by extension crypto as a whole is entering into some kind of a consolidation/multi month downtrend phase

Mansasuma Updated 

- almost identical scenario compared to the 2015 - 2017 bull market cycle - two stochs with different settings: default (top one) while the lower one is slower and less reactive - trendlines on stochs that are clear and multi - touch have a very high hit rate after breaking (either to the upside or to the downside) - it´s likely the entire market gets one last...

Mansasuma

This is a follow up on my previous analysis which you can find here: While I did correctly identify a short - mid term local top it appears that BTC and the entire crypto market has one more leg to the upside left. As far as this analysis goes: - daily ichimoku holding as support - hash ribbon buy signal about to happen - BTC has never put in a macro top...

Mansasuma Updated 

- extremely high futures premium over spot - unified bullish sentiment - bearish on - chain data - immediate sell - offs above the 60 000$ mark - Teletubbies posting about BTC Targeting the 21EMA for now, price very unlikely to go above 65k in the short and mid - term.

Mansasuma Updated 

- what gives validity to the idea that price is in a giant pattern is the volume - it has been slowly declining while price has been going higher -> volume constriction - I expect volume expansion to come within the next 3 days and should it come that is going to be a strong confirmation that this indeed is a running wedge - final target anywhere between 86 -...

Mansasuma Updated 

- 50k should have held - 5D head and shoulders on the RSI is close to being confirmed (next 5D close on Monday) - if confirmed, it´s highly likely BTC revisits the mid to high 30k region - would still be in line with a traditional Bitcoin bull market pullback that ranges from - 35% to - 40% - a buy the dip opportunity, unlikely the bull run is over

Mansasuma Updated 

- daily Ichimoku TK cross above Kumo (strong buy signal) - 4H volatility expansion has just started - 12H volatility is extremely low and indicates big moves incoming - first target is the 1.618 fib extension

Mansasuma

- this is an update of my last idea where I incorrectly predicted that we are about to correct into the moving averages - with the announcement of MSTR buying additional BTC + various OTC deals going on by Fortune 500 companies fundamentally Bitcoin has never been more bullish - market acceptance above 50k likely implies a fast move to 100k - the final...