raycartier

raycartier

ETH has slid down to previous support at 2750 area, forming a descending wedge pattern. 2 factors to consider right now based on recent historic values we had a bounce back around 2562 at least 5x, furthermore descending wedge typically ends with breakout at the top. We should be able to see 3200 soon based on my TA. We should also consider the fact that due to...

raycartier

The overall supply of Bitcoin BTC/USD on crypto exchanges has dropped to its lowest level in almost three years, according to Blockchain analytics firm Sentiment. The ratio of supply on exchanges for #Bitcoin continues to fall, reaching its lowest level since December 2018. When compared to just two months ago, there are 13.5 percent fewer $BTC on these exchange...

raycartier Updated 

Hello everyone, if you like my analysis don't forget to give us a follow. I am predicting BTC to be rising in value as we recently got back in the 2T market cap range, more and more fiat is flooding into BTC currently. From both fundamental and technical stand point, BTC is looking very bullish . The 46k Correction was absolutely essential for this ascending...

raycartier Updated 

As you're all aware, btc alongside crypto market overall has been lingering within the fear and extreme fear psychological zone for while. up until 2021 this would've been more of a concern due to majority of volume being produced by the retail market. With many financial institutions and now countries adopting bitcoin. We're finally approaching area where crypto...

raycartier

We all know gala is a great fundamentally. Gala has been ranging in 23-25 cent zone finally broke out due to recent crypto pump. I am anticipating that gala will test 31 cent zone. inevitably break out towards 38 cents. MACD and RSI also displaying bullish signals, market cipher confirmed buy signal.

raycartier

BTC BREAK OUT IS IMMINENT - Wedge Pattern Formed Over the past few months, the crypto market has been moving correlation to the us equities market. This time around will be no different. Depending on if feds decide to raise interest rate or not it will have a positive or negative impact on both us30 and btc.

raycartier Updated 

As btc broke 1 month all time high and retest 46k, we saw a bull trap signal right above 44k. Btc is looking like it stabilized above 43k and 44k. We're hoping for a break out of this 100 ema and 200 sma line to confirm our bullish reversal.

raycartier Updated 

Looking at the daily chart, the BTC price has been recovering since dipping over 50%, to a price of $33K last Monday. However, Bitcoin is still beneath two critical resistance areas right now. First is the yellow downward trend-line pushing the price down each time BTC attempted to break above it, and the second zone is the range marked in red between $39K and...

raycartier

End of month Fourth quarter earning reports are in Large companies such as tesla and apple quarterly earnings report shows they exceeding the predicted earnings and showed strong earnings. Economic data is showing a drop in consumer spending and also the lowest consumer sentiment reading and PCE results in a decade. Retail investors bought a net of $1.66 billion...

raycartier

2021 was year of crypto adoptation. With more than 60% of current market cap being institutional investment, it is unlikely to see btc plunge below 30k. However, due to institutional involvement, we can now expect more fundamental impacts such as Nonfarm payroll, Consumer Price index, FOMC meeting minutes towards crypto market due to more mature investors being...

raycartier Updated 

Eth has been forming a ascending channel since 30th of September this year. Only 2wice broke out temporarily Oct 21, and Oct 27. 100 EMA has been serving as great form of support on 4HR time frame. We haven't observed any divergence on RSI either. ETH bullish movement from TA stand point is strong. Analysts are predicting ETH to break new All time high soon.

raycartier

Btc bounce back priceaction looking convincing at 60k now we've recovered to 62k. We want to observe btc Break 62k resistance to maintain its bull run.

raycartier

Long as the current support level at 62k remains strong, BTCUSDT completes its healthy correction towards 70k. Previous resistance is now support, and we're trading right above 50MA. Buyers should still take caution of wale activity.

raycartier

With BTC recovering quickly from the china feud. Maintaining above 3400 is critical, without interference of wale activity, we can expect ETH to touch 3600 resistance area. Current Target area is set for 3700-3800.

raycartier

Death Cross Observed 50 MA / 200 MA Cross over confirming sell off, BTC falls 18% following china banning of Bitcoin miners.