Bitcoin, Waiting for 21 MA a week, then a double pump?
In today’s part, the 21 MA per week will play a major role. Many of us are already looking forward to the inevitable touch. There are well-known analysts who expect ~ 35K hours of this touch. Since then, the weekly 21 Today is lurking around 46K. So whoever thought he was selling at a peak at 35K would...
Bitcoin New from ATH to the top of the cycle
When Bitcoin overturns the previous ATH, in addition to many living here, very interesting things begin. Multiples of the former ATH become visibly resistance and later support.
Here, from the moment of the breakthrough of the previous 2017 peak, the rises and falls after the previous ATH summit were...
BTC Dominance, End of ALT Season?
What interests the crypto nation more than the Bitcoin chart is the start, end, and cycles of the ALT season. A -10% drop in Bitcoin closed the first ALT-coin season out of the expected three. That is, two cycles still have a good chance.
Everyone knows the cycle:
USD ---> BTC ---> ALT ---> USD ---> BTC ---> ALT…. It is also a...
EOS / USDT Mid-term analysis. Adam and Eve reappeared.
In a previous LTC / USD analysis, Adam and Eve have been moving nicely towards the target price ever since.
This shape has now also appeared on the EOS / USDT pair. Now that we’ve managed to get them into action, what secrets can we take out of them! : D
First, Adam and Eve had to be found....
BNB / USDT Mid-term analysis. How long can the BNB go?
A big favorite of many, after all imagination, it bursts up without stopping! But until when? The market is currently building around the BNB and is trying to price more Defi ecosystems. It is very similar to the 2017 ETH, around which an ICO craze was built that year, and then the whole thing was dragged...
DEGO/BTC short term analysis. A multitude of decreasing triangles.
DEGO is beyond a fresh Binance introduction, with its great movement. 3x, lol
I don’t know about the project, but I thought it was worthwhile to deal with the movements after the fresh introduction for the duration of an analysis. So this part will also be of a smooth technical nature.
The good old LTC. Digital “silver”. Also one of the coins with a long history in the cryptical sense.
Unfortunately, Charlie Lee (creator of Litecoin) has gradually come out of the 2017 bull market for a lot of criticism. But let's face it, he did well!
The graph shows a weekly view.
What strikes me for the first time is an Adam and Eve figure that...
XRP is perhaps one of the most divisive coins in the world of crypts. Yet he has a huge following camp. A favorite of many of us. Recently, the SEC lawsuit has had a fairly negative impact on the exchange rate. Trading has been suspended on several stock exchanges. That is why your future may be a big question. I wonder what future he has for us. What news does...
This year, the ADA is one of the few coins to say they were able to perform above the BTC
I am not fully familiar with the project, so I will provide a purely technical analysis.
The graph shows a weekly view.
I marked the supports/resistors with green/red horizontal lines. With black resistors from the 2018 top to bottom.
Apparently, the trend...
Bitcoin halving index. Prices between half-dates are brought to a common starting point. But what makes this index more real? I’ve seen many similar indexes before, but none were created correctly. Satoshi Nakamoto mined the genesis block on 03-01-2009. This date is the beginning of the bitcoin network. That's where it all started. Its exchange rate was not yet...
RSI, one of the most commonly used indicators.
Now we can see how, in the case of bitcoin, we can capture long-term cycles with it. First, the RSI needs to be analyzed. Trends need to be identified. In the case of bitcoin, the trend of bull cycles is very recognizable.
On the graph, the vertical green lines indicate the buy, the vertical dirty lines, and the sell...
After the order of magnitude change theory, here is another form-breaking theory that has not been studied so far: The “bitcoin tree” theory! Yes, you read well: tree. Simply because it resembles a tree. Each peak-to-peak cycle represents 1-1 right and left branches. Over time, it will release a nice tall tree. Just as trees and plants grow in nature in a regular,...
Bitcoin Cycles: The road from Highs to Highs
If you bought bitcoin at the 2017 summit, this analytics is for you. In this section, we place the highs of the Bitcoin 1-1 complete bear - bull market at a common starting point.
Each chart on the graph is set to a weekly closing price, so the closing price was also given for the high of the 2017...
I supplement the first part with the following observation:
We have observed that multiple prices can function as resistance and support.
If we draw an ascending trend line from the common bottoms, it becomes nicely visible that these lines also function as support and resistance.
Another common feature is that prices are moving significantly upwards towards...
In the next few analyzes, I will focus on bitcoin cycles. I move from the bottom up, so I start with the bottoms.
Common Cycle Lows:
Each chart on the graph is set to a weekly closing price, so a closing price was also given for the bottom of the 2017 cycle which was $ 3183.
I cut out the existing time planes from the bottom of the previous 2011 to the peak of...
Welcome to Part 2 of the Bitcoin Major Changes!
As in the previous part, we focus on the period between magnitude changes, supplemented by the extent of overflows.
Rising trend line or Parabolic rise?
The increase continued along the rising trend line in the 1st and 2nd orders of magnitude.
There was a parabolic increase in shifts 3, 4, 5.
It looks like...
The blue lines represent a higher order of magnitude, that is, a 0 is added each time the price goes up.
In this analysis, I only examine when and how bitcoin moves from a given lower range to the next higher range.
The criteria are:
To get started: close the week over a range, or tap to close it. Also, if it...