Hi all. We're back on track and ready to get back to work. On the first chart we marked the situation on the daily timeframe. On the second chart we marked a very important indicator, which we will talk about a little bit below. On the daily timeframe we would like to note several important zones. The price tested the first zone for a long time ($44,500 -...
Bitcoin has been in a downtrend for quite some time. But a couple of weeks ago, the price started to show signs of growth. This was also shown by our trading system. But a week later, the price showed an exit. Before the local growth. But as it turned out it was a false growth and the system was able to anticipate it. After the same rapid growth, the same fall...
The technical picture on the Bitcoin chart is still in a very weak state. Locally Bitcoin is in a range between $58K and $33K levels. At the same time, the price tried to close above the key level of $42 thousand and start a new uptrend. It succeeded, but not for long. After the liquidity gap test (strong resistance level), the price closed below the key level...
What are bitcoin cycles and why is it so important❓ 🚀This graph shows the entire history of bitcoin, approximately 13 years. If you open the logarithmic display of the chart, you can see some patterns in price behavior. Namely, that bitcoin moves in cycles. Which in turn are divided into an uptrend and a downtrend. 🎢Three complete cycles can be clearly seen on...
In the last idea, we said that the price could come to the marked liquidity zone. It did, and we opened a scalp trade on a test of that zone. On the screenshot you can see the buy and sell point. The trading system rebound from the accumulation zones has a high win rate. You can use...
We decided to analyze the bigger timeframe. For all the rules of technical analysis, the bigger the timeframe, the more important formations of technical analysis are. Globally, bitcoin is still in the trading range of $30K - $60K. Super important levels are the upper boundary, the lower boundary and the middle of the trading range. A few days ago, the price...
The price gathered liquidity to sell above the local high ($45,492). As a result, bitcoin has corrected. Below marked a huge liquidity zone, the area where the price can come, we hope it will not happen, but do not discard this scenario. In case of liquidity collecting, below the liquidity zone, there could be a good buying opportunity. In case the price...
Bitcoin broke through the trend line, which was followed by a strong impulse growth. This is quite common, especially on higher timeframes. We noted several examples on the chart. Breaking the trend line very often leads to a trend reversal. I hope this time the situation will repeat itself. And we will see at least an uptrend to a liquidity gap. One of our...
This idea wants to analyze a possible scenario. The left graph shows the situation in March 2020. Many people probably remember this period when bitcoin corrected by 50% in just one day. We are not going to say that this will happen, but in fact the situations are very similar. Both then and now the situation from the technical analysis side looks very weak. Now...
A very simple and clear way to determine the bottom of bitcoin and altcoins. On the chart, we have highlighted the fundamental zone of bitcoin and marked the places of extreme liquidations. Liquidations are fuel for the market. The market cannot grow continuously without corrections or consolidations. The fundamental area is the average price for a huge trading...
We have said in past ideas that bitcoin can fall and the best place to buy is in the fundamental value zone. At $24K and below, that is the best buying opportunity. Buying altcoins in that area is also a good opportunity. The ADA chart shows a trading...
Let's look at the global picture on the Bitcoin chart. We will analyze several price movement scenarios and tell you what exactly to do in each of them. Bitcoin has been in the $60,000 to $30,000 trading range for 400 days. The price is slowly moving in a downtrend. Bitcoin has fallen below the middle of the $42,000 range. And this is not a very positive signal....
What is happening on the bitcoin chart? Before the last drop, we see that the price broke through the global trend line, and liquidity gathered to sell. After that there was a strong correction to $33,000. Now the price is in a local range. Liquidity on sale and purchase was also collected in it. At the moment the price is approaching the resistance area, and...
Today we will analyze bitcoin from the side of technical analysis and from the side of our trading systems. The left chart shows our "Renaissance" trading system. As you can see, the system works very well. For the last trades, the strategy brought us (+29%, +0.22%, +29%, -5.8%). This strategy almost at the very top of the market showed an exit and for two...
Over the past two days, the cryptocurrency market has seen $1.5 billion in liquidations. During this time, bitcoin corrected by more than 15%, while altcoins corrected by 20-40% at all. Now it is hard to say: will this volume stop the price, is this the end of the correction or will the price continue its decline. We are still without any positions starting...
Bitcoin has been in a downtrend for three months. At the moment, the price is squeezed between support and resistance levels. It can be highlighted that bitcoin is moving in a similar scenario as last summer. In case the correction continues and liquidity gathers below the local minimums, it may start to grow to the marked resistance zone . As for our trading...
Our subscribers have asked for an analysis of the local situation on the BNB chart. Personally, we rarely trade the usual technical analysis. Most people know that we trade based on trading indicators that analyze technical, fundamental and social analysis. If we buy altcoins, it is only medium-term trading because it is more profitable than scalping or day...
Hello all. We are finally out of a little holiday. And we will analyse the bitcoin chart from technical analysis, fundamental analysis and our own trading systems. Let's start with the technical analysis. On the chart, the key level of $42,000 is worth highlighting. A couple of days ago the price broke this level and closed lower, but now the price returned...