Hey how's everyone doing? It's been a while but I'm going to keep this explanation brief as the chart is self explanatory. This is one of the strongest indications I look for when trying to predict price drops. The way the MACD and RSI look together right now shows very strong potential for a sharp drop. Keep in mind that this is the daily timeframe so it the...
BTC 1D chart is showing red flags suggesting further downside is likely. With yesterdays bearish-engulfing candle, the RSI dropping below & then getting rejected off the 50, and the current position of the MACD I'd say the odds are very much in with the bears. (For now at least) In my experience, the RSI and MACD can be very helpful indicators during certain...
IN previous SHIBA ideas (links below) I mentioned that I DONT PERSONALLY recommend meme coins AS AN INVESTMENT! If you're going to trade them and "ride the wave" to the top and then sell THATS FINE but the important thing to know is that MOST TRADERS ARE PLANNING ON SELLING THE TOP so they usually DUMP PRETTY HARD. Most of the time meme-coins have NO REAL WORLD...
How's everyone doing? I have a good analysis here after Bitcoin latest volatility pickup after CPI data comes out worse than expected. This happened A month or two ago where bad CPI data came out but bulls bought the dip and rejected the downside move (manipulation?). Anyways this analysis points out not to get too bullish here although the daily candle looked...
How's everyone doing? I have a BTCUSD Fractals analysis here also with RSI, MACD, and BBWP confluence. If things play out as previously BTC could see a 50% drop. There is only 1 example here so maybe the percentage drop will be different than 50%. We'll keep analyzing as time goes on. Personally, I've seen good results using similar charts with fractals...
Hey guys. Hope everyone is doing well. Not much explaining needed for this chart as it's just DATA and I thought it was interesting so I wanted to share. This is a MACRO CHART covering a timeframe of 10 Years I've noticed every time the yellow crosses below the green, BTC HAS ALWAYS dropped to around the 150W SMA! A DROP seems to always happen right before the...
Hello everyone! I haven't published charts on TradingView for a while BUT I am considering starting up again. What do you guys think? Hope everyone is doing well through this bear market. Unfortunately, I have some more bearish analysis for you here but these indicators have been VERY STRONG in my experience and as you can see on the chart. This chart uses the...
Not a lot of time for description here but BTC indicators are pointing DOWN . A new 4HR candle just started. There's bearish divergence on the RSI . BTC will likely pull this one down. Look to buy at the 0.618 retracement level instead which is about 0.000009 Potentially BIG gains from there NEXT WEEK... Will update as needed. I feel bad for anyone who...
So this is something I'm testing out. The chart is titled "Triggers" because the horizontal dashed lines represent price action triggers based off of my analysis! Basically, if the analysis is correct, any 1HR CANDLE that CLOSES above/below the YELLOW line will likely continue to the blue area. Also, if any 4HR CANDLE CLOSES above/below the GREEN line, price...
The DXY has started to break out to the upside. This has the potential to END the current bull market for cryptocurrencies in generap... My personal opinion is that it will not hold above resistance just yet . Its only an opinion, not professional advice. I do think it is very important to watch.
Hey guys this is just a market update here for BTCUSD and the crypto market in general. It's FRIDAY and with the weekend coming, the time to make a move is now! I wouldn't be surprised to be a bigger move today as we've been waiting all week (month... year...). Sometimes big moves do happen at the end of the week, that way over the weekend the volatility can...
BTCUSD - Big moves coming! BTC is about to make a potentially big move and as of this exact moment, indicators are pointing up. I'll add more to this later but I just had to publish it for you guys on TradingView! I couldn't leave you out of this one!
Hey guys. Short description and simple idea here. It actually has some potential and it does still fit in the analysis. The chart is self explanatory. It's better to read the description boxes in order starting with "A" In a heavily manipulated crypto market, "Technical analysis" can only do so much Ill leave a link to my DXY analysis which is BEARISH for BTC...
Hey everyone. I hope everyone is doing well. I have A VERY VALUEABLE chart here which contains some valuable information for predicting where INDEX:BTCUSD will be heading. Also note that altcoins move in tandem with BTC especially when it makes a big move! If you're new to BTC or are otherwise unaware, BTC has had a strong correlation with the DXY over its...
Hey guys, how's everyone? I tried posting some charts for you guys a while back only to find out that they were "hidden" from you guys for "violating the house rules" So I'm going to keep this one short as the chart is self explanatory. What I did here was mark the BTC halving events on the chart and also the bull market top that followed! If you've noticed,...
Hey guys, hope everyone is good. I have something new here, a HARMONIC PATTERN Harmonic patterns involve more than just geometric shapes. They also follow strict "rules" measured by FIBONACCI LEVELS There are several types of harmonic patterns including Gartley, Butterfly, Bat, Cypher, 3 Drives, Crab, and more. This particular pattern is called the CYPHER...
Hey guys. No time for a long description on this one. Chart is self explanatory! Inverse head and shoulders pattern looks likely to play out. With a bounce at the neckline retest area we will have confirmation... (ALMOST CONFIRMED AS OF NOW) A solid break below about $37,700 would probably invalidate the idea, however I personally am entering now with 10X...
There definitely IS POTENTIAL for big gains here IF (and ONLY IF) we're at the bottom for VRAUSD Chart is self explanatory. There ARE some bullish indications. 4HR RSI shows bullish divergence as of now. If it continues downward further then the bullish divergence could go away. The MACD looks like its bottoming out. It's a great Risk/Reward ratio. IF we...