Gold which, the safe haven asset is however become the most interesting asset for all of the stakeholders during recession on the market. That's one of the attractiveness of gold itself. But, I need to say it again 1 more time that I don't give any fuck about any fundamental analysis of the market. I just believe in levels and the price action on technical...
And here is the next series of current global market update at the biggest and one of the largest index in the world right now. Let's get into it! On current condition, I have several crucial things to be highlighted on this chart. This is the logarithmic chart from monthly chart on the SPX. We can see that there is a support trend line that has held the price...
Hello all, here I give you an update about current market breaks down series on the tradingview. In this series, I'll do an update relating to the US dollar condition as the world's most use currency, S&P 500 as the biggest index in the world, Gold as a safe heaven investment, and last but not least, Bitcoin as the biggest cryptocurrency based on market...
Happy Saturday to all of you! In this current analysis, I will cover about the bitcoin's possible moves from the weekly time frame. Before we start, let's take a look at the historical moment of the bitcoin between April 2019 - June 2019. There was a huge parabolic movement to the upside and most of the crypto people said that they might not see the $5000...
Hello all, welcome to the technical analysis of bitcoin especially after the huge drop on 1 day trade session. let's enjoy this! Today is a very difficult day for bitcoin, which we can see that the price has dropped nearly 30% comparing to the open price. With this drop, it has invalidated every long bias even for short term or longer term. In this technical...
Hello all, welcome back to the technical analysis of bitcoin. Here I want to share my technical analysis based on the logarithmic view and the weekly chart time frame for the long run projection purpose. Looking a the price which is moving inside the ascending channel which has held the price since 2013, This is however the specific channel that drive the price...
At the time I'm writing this, the price has shown a rejection toward the upper line of the channel which is now acting as a strong support because of potential phase 2 of our break out strategy. With a long wick toward this support, making me once again believe that even the bears were respecting this area as a crucial zone. But, even if we see any rejection...
Hello all, welcome back to our analysis of bitcoin. let's do the chart work. Looking at the image applied about the technical analysis of bitcoin, we can see that the price is now retesting the strong support around $8000 - $7763 region (white region). I hope that this white region is having a lot of confluence factors that will give a tremendous effect of...
Hello all, let's make it quick and detail here about the short term bias of bitcoin. We have seen a very long consolidation movement from bitcoin since 7 days ago. And usually when the price is entering the consolidation zone, there will be a pattern to be formed whether it's a triangle or HnS. This time the price in the consolidation zone is forming a potential...
Hello all, here I present you about another bitcoin's view from higher degree of analysis. Always looks at another possibility and try to find any confluence reasons to enter the trade. Enjoy the analysis! Here is another point of view of bitcoin in higher time frame. As we can see that previously between June 2019 - December 2020, the price was moving inside the...
Hello all, welcome back again to the bitcoin analysis. Today is a very beautiful day for the bulls of bitcoin. The price has bounced from the significant level which I've anticipated previously. Now, for the next potential moves, let's focus for this current technical analysis about bitcoin. The price has already bounced from the white resistance trend line which...
Hello all, here I give you the technical analysis of bitcoin based on the daily chart. So, let's get it started! If you've seen my previous analysis about bitcoin, you should have known the 3 crucial levels that I've already anticipated before. The first level is the red dynamic line which is the 200 moving average. This level is a very strong dynamic support for...
Hello all, we have seen a very violent drop today of bitcoin. Will this down trend moves continue? Looking at the chart presented, we have seen a very violent drop for bitcoin . The price has dropped for more than 17% since it reached the interim swing high on February 13th, 2020. I want to give highlight to some levels and factors of bitcoin: 1. Red dynamic...
Hello, welcome back again with my analysis of bitcoin. we've seen a very volatile days in the last 1 month, especially after the price touched the interim swing high and got rejected. However, this play is pretty healthy for bitcoin when the asset class like bitcoin touches the high volatility region like this. here it is my highly detailed analysis about bitcoin....
Hello all, Yesterday was a very bearish day for bitcoin. we have seen a huge move to the downside which made a lot of long got liquidated and luckily, we have moved our SL into the profit. Now, let's check the bitcoin condition, whether we are already entering the bear market or the bulls are still holding the momentum?? Looking at the chart, where I assume a...
Hello all, here we go again. before we start, I just want to inform you that I'm still in holding the rest of my long position that I've already opened since the $9660 region which has produced a huge amount of gain. And to secure the profit, I've moved the SL into profit so we can still ride the trend. Now, let's get back to the chart work of bitcoin! If you...
Hello fellas, here it is the bitcoin update based on current moves. First of all, I want to congratulate all of you who have opened the yesterday's long position of bitcoin since $9650 region. You must be in profit now. And at current rate, I've closed most of my position and move the SL into profit for the rest. Now, looking back at the bitcoin condition, we...
Hello all, let's make it quick. Continuing my yesterday's analysis, we've made it true and you can see that the price has already formed the 5th wave going down. The second most important things is that the price is now trending right at the white region as the major support for its price action. What I'm expecting is that the price could has a bounce at least at...