cyatophilum

cyatophilum

1rst case scenario is what is on the chart. 2nd case is we break through supports and go lower, but that is less likely.

cyatophilum

WOO/BTC looking good for grid trading right now! It has been outperforming BTC last month and is entering a range: Grid upper price: 0.00001 BTC Grid lower price: 0.0000086 BTC

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Hello Traders, After a lot of price manipulation that ended up in a bullish rally, the volume trend is weakening right now. Price is above all EMAs which indicates a bull trend. RSI has seen a steady increase as well, and is approaching overbought values. Odds are for a continuation in the upside, but I'd keep an eye for a break below the 200 MA to prepare for a...

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Hello traders, In this post, we will analyze the current state of the cryptocurrency market through the lens of market cap, BTC dominance, and major indices. We will also look at the potential for an alt season, the impact of the upcoming Bitcoin halving, and which coins are outperforming BTC in the long term. Finally, we will provide a short-term perspective on...

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Bitcoin has been experiencing a lot of volatility in recent times, and traders are eager to know what the future holds for this cryptocurrency. In this technical analysis, we will explore the possible scenarios that could play out, including the bears' and bulls' perspectives. Bears Point of View: The bears are in control of the Bitcoin market currently, and...

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Hello traders! Bitcoin (BTC) had an exciting weekend, reaching its highest level since July 2022 at around 31 000 $ before retracing slightly and consolidating in the $29.6k-31k $ range. Based on technical analysis and market sentiment, we can expect a short-term dip in the coming days before a potential continuation of the uptrend. I am waiting for a break of...

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BTC dominance is a crucial metric for understanding the overall health of the crypto market. As of April 11th, 2023, BTC dominance stands at 48.5%, a significant increase from its November 2022 low of 27.9%. Analysts have set a target of 60% for BTC dominance, and with its steady increase over the past few months, it's a real possibility. Technical indicators...

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Welcome to my Bitcoin technical analysis! BTC/USD has been experiencing a range-bound movement over the past few days, currently trading around $28,000. There are a couple of possibilities when it comes to technical analysis. On one hand, Bitcoin could see a breakout above the key resistance level of $28,500, which could lead to a bullish trend towards $30,000....

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Ethereum (ETH) has recently seen a decent increase in price, breaking above the $1,750 resistance level and continuing to rally higher. The bulls successfully broke through the $1,860 resistance level, which has now become a support level for the altcoin. ETH has set a new multi-month high of $1,944, but some warning signals are being demonstrated by the RSI....

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Huge triangle in formation on the S&P500. The short term indicators are bullish: we are above the 150 day and 200 weeks moving averages, both being used as support when price is above them. Price has been contracting last few weeks and traders are waiting to pick a direction. The bearish target would be 2700$, a price we didn't see since the sanitary crisis. The...

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On the weekly chart, we broke the top of this descending triangle which was a bullish pattern. Now we see a lot of volume below 25k but not so much at all above and until 29k which means there will be very little resistance up until there. Moving on to the Daily chart, as long as price remains above the 50 days moving average (EMA), the trend is clearly...

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The grid strategy is one of the most popular and interesting in the world of crypto and forex trading. Simply because it abuses volatility, market fluctuations, and those markets are well known for it. In this guide, I will explain the strategy and showcase a powerful grid trading indicator that can help traders to better understand and implement this...

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Since price broke below moving averages in early 2022, the MA ribbon has been used as resistance. The stock market has been making lower lows and each high lower than the previous one. The definition of a bear market. We could gamble to find the very bottom, but it can only be gambling. We only know the bottom is here after the price broke its bear patterns and...

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If this bullish flag were to break to the upside, we can expect a huge pump in Bitcoin price. A bullish flag is a continuation pattern that results from a period of consolidation. The pole is the result of a vertical rise in price. Entry would be at the close of the 4H breakout candle. The Stop Loss would be below the flag's resistance. To find the Take Profit we...

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Here is my multi time frame technical analysis chart for Bitcoin. Goal is cut off the noise and to show key trendlines and support/resistance prices. We can clearly see that the market is currently bear with a descending triangle on the higher TFs. After breaking the important 5 months 18 500$ support, price is now inside a range between 16 000$ and 17 500$. Price...

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Ethereum currently attempting at breaking its long term bear market resistance. No FOMO yet, we need to wait the daily close to be sure. Another bullish indicator is the RSI who broke its triangle contraction cone to the upside. It should reach the upper value of the triangle which is 70. Next key level is at 1350$ for ETH. Here is a MTF view which indicates...

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A falling wedge is a bullish pattern, however we MUST see a resistance breakout AND a volume expension (higher than average) when it happens to fully confirm the pattern. More info on the chart!

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Hello, just a prediction, no financial advice. I built the support and resistance using weekly closes, not wicks. Using the 50W EMA as a magnet and the RSI, I see the situation as bullish, but I might be FOMOing.