QuadzCrypto

QuadzCrypto

Good afternoon, an update on BTC here since there has been a good pullback now from the highs. Despite the inflows into the BTC ETF's, which I see as extremely bullish, I don't think this changes the structure of BTC and the timing of a retracement before a major upside swing. The next major impulse would arguably be the biggest of the cycle and those take time...

QuadzCrypto

Good Day, Last nights Price Action saw the closure of the last weekly CME Gap left during the bear trend. This opens the door to new price discovery. Current price action is between fib retracement levels and it would seem probably that we see a move at least to the 0.618 over time. I have also recognised BTC's previous 2 cycles finding high points at the...

QuadzCrypto Updated 

Good evening all, it's probably time to bring out the weekly higher timeframe view again to give you a view of where i personally think BTC is heading. Of course we have the global issues going on right now and those are very real risks, however, focussing on the TA you can see what price action is telling you. I previously indicated I was seeing a line up of...

QuadzCrypto

Good morning, A weekly buy signal is now appearing for Stochastic DMI in line with the 5D signal earlier this week. I am seeing NASDAQ and SPX reaching there pullback ranges with the potential for a final impulse wave to the upside before consolidation. DXY is looking strong yes but has just touched the 0.5 retracement fib. the 0.618 is still viable and is...

QuadzCrypto

BTC Stochastic momentum on the 5D has now pivot back to the upside in line with the D, 2D, 3D. Weekly Stochastic will pivot to the upside on a close back above 27.2k. An important time for BTC now, continuation of this current move back above 28.6k would see momentum across Daily to Monthly timeframes indicating a powerful move. A 3rd attempt to break 32k...

QuadzCrypto

BTC is still holding the 25k range. With another weekly close above 25k Stochastic momentum will be aligned at extreme lows across multiple time frames from Daily up to Weekly. This to me provides the potential for a major bullish impulsive move. BBWP which measures volatility is still at lows on the weekly waiting to expand. There is still the possibility...

QuadzCrypto

BTC saw a bounce on the back of the grayscale vs SEC case dismissal news narrative to 28.1k in August. This is similar to that of the XRP case news and there has been a fade of both narratives after the initial pump returning most or all of the gains back to the market. Bears still seem to have a grip on the BTC throat for now despite the indices of the general...

QuadzCrypto

This is a chart to show the potential movements of BTC from the current PA. Essentially, if the resistance at 31.8k is a macro top then deeper retracements down as low as 17k are possible. However, even considering diminishing returns the 100% move from the macro low is inherently weak. I speculate that there is still an additional impulse to come before the...