julio24albert

julio24albert Pro+

Both ups and downs have been showing us that current price structure is still in lack of opportunity as there is still the uncertainty dominating the market right now. In overall, the shape is still ranging and the ups and downs movement doesn't show us any necessary take on current structure. There are also the trend lines analysis on current charting which...

julio24albert Pro+

Back to our main topic which is still the bitcoin as we are seeing the price is now tanking and the majority of twitter users are screaming out loud once again about the $10000 possibility over and over again. This is actually very funny for us as we know that the price usually moves in the inverse way comparing with what the twitter said. When the herd is in...

julio24albert Pro+

Absolutely interesting which we are seeing the pattern which occurs on the bitcoin right now. Previous anticipated major support zone at $20000 has shown us that the base level of support is very solid as we are seeing the price spikes higher right after it touched this support zone. Continuing previous analysis which we anticipated the trend line which is now...

julio24albert Pro+

It will be a little bit different on today's market update, especially about bitcoin which in this specific post, we want to discuss further about the regression band on the bitcoin as the specific approach to identify the range on these overall bitcoin's bull market. Just a note before we start that this regression band is only acting as a guidance for...

julio24albert Pro+

It’s been a very very slow week with the uncertainty coming in the market as we are seeing bitcoin has shown us nothing since the last week’s movement. If you see it from the perspective on the weekly time frame, we see major wick toward the downside but in fact, this isn’t a significant movement we need to count because it was only a manipulative wick to fill...

julio24albert Pro+

Once again we are coming back with another crypto and the DXY correlation in which we have seen this kind of action has been correlating each other since a long time ago. Bitcoin specifically is now having another dip to the downside which this kind of action occurs at he same time the US Dollar index bounce from the $110 support level and it's now coming back...

julio24albert Pro+

Last week was actually a very very bad week as we are seeing the price is showing us another uncertainty on the consolidation range which there is few opportunities occurred to jump in any position. However, this week is slightly different as we are seeing the price is trending right at the very end of the last crossing point which is the APEX of the previously...

julio24albert Pro+

Updating about the recent hype on XRP which a lot of people were having so much noise because the price spiked toward the area above $0.5 zone. We were so quiet and chose not to get distract on one pump out of nowhere and when there isn't any significant confirmation we can get. It's actually a good condition when the price of the XRP spiked with huge bullish...

julio24albert Pro+

Just see the bitcoin price action from the broad perspective which we see a lot of uncertainty on current price action with yesterday's YOYO price action. With the daily candlestick closes, we see huge upside wick to the upside on yesterday's candlestick close which it is now acting as a gap the price need to close. However, there area also a lot of confluence...

julio24albert Pro+

We have entered in a quite interesting stage on the market which there are a lot of great signs that the volatility has come into the market right now. XRP today is looking juicy with a huge upside spike above $0.4 region and currently is leading the pace for all the cryptocurrencies. However, we'll do further detailed analysis later. What is so important to...

julio24albert Pro+

The lower time frame perspective which we are using the 2 hours time frame provides us with some major conditions that may affect the future's performance on the price. We have also anticipated the 2 strong supports of $20000as the psychological number which is having alignment with the golden ratio level and also the area of $19400 level which is the previous...

julio24albert Pro+

Finally, we come to see the weekly time frame perspective on the bitcoin which for sure is looking incredibly good as of now. Price had bounce right after it touched and tested the area of $19683 just like what we anticipated earlier on previous update and the area where we put hardly our buy limit. Price is now trending closer to the area of resistance which...

julio24albert Pro+

Looking at the weekly time frame, we think that it's necessary for us to provide an update which because of the significant downside movement occurred recently. With the latest break down below the $20000 support zone which is also the previous ATH on 2017, it delays our previous bias to expect movement to the area of $21000 range to be tested. We consider this...

julio24albert Pro+

The bitcoin's price action is now looking very volatile as we are seeing the price in a huge range of movement right after it had its consolidation movement during the weekend. All of us may agree that the market is now in an extreme bearish pressure as the price has already broken down below the yellow support trend line as the lower line of the biggest parallel...

julio24albert Pro+

Just like what we have said earlier, the way we draw a trend line can be very subjective especially when it comes to a very choppy market condition. It also happens on the bitcoin when we see 2 scenarios to draw support trend line. The white parallel channel is based on the wick to wick connecting method and the yellow parallel channel is based on the wick to...

julio24albert Pro+

Ethereum is still becoming the hottest topic right now as it will be in a merge for ETH 2.0 in the next one month as we know that this topic can be a nice confluence reason for ETH to potentially has one more push to the upside as the action to represent the people's FOMO. Based on this technical perspective, we see such a strong resistance is now being tested by...

julio24albert Pro+

Comparation between the Bitcoin and the Total market capitalization which is moving in alignment and exactly the same with what the total market capitalization has been showing us. It's no surprise because all of us agree that the bitcoin is now becoming the mother of cryptocurrency because majority the altcoins are highly correlated with the bitcoin's...

julio24albert Pro+

Take a closer look at the Crypto Total market capitalization which we see the market cap is now sitting right around the crucial number of $1 Trillion. There isn't still any sign of significant movement in current structure. What we have been thinking of is that current bearish pressure is very likely to be a temporary bias because the total market capitalization...