The USDT.D is 90% in a reversal trend based on the Q cycle. This could be a confluence with the Post having rally.
A break below 5.8% could trigger some serious fireworks for alts in the following months.
Most alts have now gotten above their 18M support, which is the June 2022 support after the Luna Debacle
I would suspect that by June 2024, the majority of alts...
BTCUSDT $24950 Quick Update June15 2023
The directional trend is being controlled by bears
Price is facing a trendline support from the low 16k
A temporary test for both bulls and bears.
Targets remain the same
24k(0.382fib) & 22k(50% retracement)
Now, 26.3-26.6k will flip as resistance if bulls attempt to pull back up.
Bears need to make sure to asjust SL at...
Hey guys bears must take some profits at 25-25.5k even though price is not yet at 24k. Then Adjust Sl now at breakeven just in case price moves sideways again and does not break 25k in the immediate term @everyone
BITCOIN $27750 Marco Wave Analysis Update May 30 2023
It appears that BTC has put in its wave 1 on the macro from 15.5-31k
Currently, bears are attempting to take over by constructing a slow and choppy wave 2, which could retrace to 0.50-0.618fib at 22-20k.
But the 0.382fib(~23850) is still a slightly strong support. So 0.382fib will be the first take profits...
BITCOIN $26180 Breaking Below The 3D 21ema
Price continues its consolidation btw 26500-27500 for the last 2weeks.
Bears are controlling the 3D trend because price continues to stay below the 3D21ema and macd remains negative.
However, the W downside volatility has not picked up yet since the W macd is not yet negative and price is above the W21ema.
BTCUSDT $26840 Quick Update May18 2023
Price continues to consolidate below the 3D21EMA
The 3D macd remains negative
Directional target 24-22k at 0.382-0.50fib
For the trend to flip bullish, bulls would need to print a positive 2DMACD and price above the 2D21ema
As mentioned previously, the current move from 31k could possibly be the starting point of the...
BTCUSDT Quick Update April 26 2023
Price found support 27k at the 3D21ema
M time frame is back to positive
The 21D cycle pushed back up from the last cycle's low (27k)
FED's meeting on the 3rd of MAY
Macro Resistances 35k and 39k
DXY & BTCUSDT Quick update
The DXY is printing a temporary double bottom support at 101
However, it doesn't not yet appear to be a highly probable reversal pattern as price is below the M21ema and the M macd is still negative.
Therefore, price would need to break the D21ema first, before a reversal to 105-106 could be constructed.
Will continue to monitor this...
BTCUSDT 30200 Quick update April 11 2023
Price is now above the 30k range and approaching the 32k temporary resistance.
The next next big resistance after that is 40k at at 0.618fib.
Bulls may not hit 40k in April. The 35-32k could possibly be the sideways correction while waiting for the M close.
But anything above 35k in April is bonus for bulls to secure some...
BTCUSDT 3D update March 10 2023
BTCUSDT SHORT TERM
The W21e at 21k just got broken with minimal signs to hold as support at the moment. The structure is broken and invalidated for the flat correction .
The bearish downtrend targets are at 0.618fib & 0.786fii at 18777 & 17300
Point of invalidation is 22755, which is just above the 2D21ema
For the macro...
XRP NEAR THE END OF THE BEAR MARKET
1) If current bear market is going to last the same (939D) as the previous bear market, Bulls could trigger a bull run before JUL2020. Current bear market is now at 882D
2)If bears remain resilient and push the bear market to last long than expected, if we assume it could last 50% longer (1409D), bulls could find the bottom...
ETHBTC flat continuation pattern
Directional target towards 0.057
2D Macd has shown the shift in momentum with the negative cross over
Break below 0.068 will give bears more strength
3D macd could cross negative in the upcoming days/weeks. This will strengthen the bearish momentum.
BTCUSDT 30900 Weekly Update May15-22 2022 #20
The Next Macro sprt is the Q21ema at 22-20k as the M50ema target was hit 25-26k
The M50sma is at 21k±10%. So bears have to ladder position is advance.
Bulls need to ladder positions in advance at 21k±10% for buys
The Next resistance for the macro view is at 37-40k or the M21ema whichever one come first