Bitcoin is now out of a bear market and is in it's initial phase of the bull market. That's not what the news is saying. The news says the worst is yet to come, I don't agree. Let's have a look. First, the green and red zone is Gaussian Channel. It turns red in bear markets and green in bull markets. Once it turns green it stays green for the entire bull...
The 2023 bear trap AS we can see on January 20th Bitcoin broke the down trend it has been in for over one year now. Recently the resistance was tested and was made in to support as Bitcoin took a strong bounce off of it. WE can clearly see this in the chart with the highlighted oval. Above that we have the bear trap zone and the fomo zone A break and hold...
Hi Traders! AUDUSD is having a strong finish to end the year and is targeting the 6-month high at 0.68948. Here are the details: After the double top at 0.68948 six months ago, AUDUSD was in a bear market for two months and then went into a range zone for three months. Last month, the market finally broke the 0.65175 range zone resistance and has been in a bull...
In the weekly time frame, Ethereum broke out of this horizontal resistance, resembling the pattern observed in the last bull run. Following this breakout, a retest similar to the previous bull run is anticipated. In the daily time frame: - Ethereum faced rejection at the $2400 level. - The $1800 to $2000 range is identified as a support level, also representing...
SPY's Bullish Surge: Decoding Market Indicators and Gaps The SPY is riding a bullish wave, scaling new heights with remarkable momentum. On my chart, three proprietary indicators are at play, offering unique insights into the market's pulse. Particularly noteworthy is the indicator that measures cycle direction strength across time frames. Currently, it signals...
Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap Introduction: The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent...
I received my CMT charter long ago, when chartered market technician candidates could write a thesis that had potential to change the body of knowledge of Technical Analysis. It did and it continues to serve me and my students well. It was called "Cycle Evolution Theory" and my specialty is in the long-term cycles of emerging displacement technologies that change...
If in the next few days BINANCE:BTCUSDT reaches above 32,000$ and stabilizes above this price, then the following scenario seems extremely bearable for this Wonderfool BINANCE:LINKUSDT : breaking the 1.5-year price box and price flight towards Fibonacci levels. 2X in every Target! Beware this is a long term Target!
I was thinking to wait till tomorrow till I post this analysis so more people could see it but oh well, let us do it today cause you never know what happens. I think this is one of the most important charts when following crypto markets. (cause it shows crypto markets money inflows and outflows). Bitcoin has broken out already from this years highs week ago (I'll...
🚀 #TSUKA Update 📈 In the daily timeframe, #TSUKA has broken a 298D resistance and is currently in the retest phase. The price is anticipated to sustain its upward trend, aiming for previous highs. Currently trading in the Buy Zone, a bullish momentum is on the horizon. 🔍 Entry: Plan to buy in this retest 🎯 Targets: TP1: 0.0637 TP2: 0.082 TP3: ATH 🛑 SL: Close...
The structure of gold still remains bullish, a small cup and handle is forming within the handle region of a larger cup and handle. A decisive breakout of the handle might start a multi - year bull run in GOLD. KEEP IT IN YOUR WATCHLIST!
It was a key moment for altcoins in the past bullmarket, namely when BTC.D reached a strong resistance level at 73% to be exact, this happened on January 02, 2021, from that moment TOTAL 2 started to grow aggressively and the reign to decrease aggressively, until May 12, 2021, when we approached the peak of the bull market for Altcoins and BTC.D reached an...
GRTUSDT - Riding the AI Narrative 🚀 Overview: GRTUSDT is positioned for a bullish surge, fueled by the current narrative around artificial intelligence (AI). The intersection of blockchain and AI technologies presents a compelling case for GRT's potential. Fundamental Analysis: AI Integration: The increasing synergy between blockchain and AI is becoming a...
I see that bitcoin and crypto currencies will move slowly down during coming 2-4 weeks. If bitcoin find support between 30-31,5k I see this as the last opportunity to get in "early" in this bullrun (would not necessarily recommend bitcoin though, but altcoins intead).
Heres pt. 2 everybody. Watch pt. 1 if you havent yet, itll make more sense that way. Trade thirsty.
Traders, For the first time in a year and a half, alts have broken above major resistance. This resistance happens to be the neckline for our long-trending inverse head and shoulders. This is hugely bullish! But before you max out your home equity line of credit, know that we are nearing what looks like it could become a local top. The channel which alts have...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC looks good here. Forming upsloping flag-like structure and currently, retesting the flag. After this successful retest, we might see another leg to the upside which is targeted to the $40k- FWB:42K level. Invalidation:- 4hr close...
Let's look back at the previous bull market. As you can see, with the explosive growth of DeFi, the bull market officially started. The upcoming bull market can be the same. We expect to see massive adoption of retail and commercial investors this time. What is your DeFi bet? Will you play it safe or high R:R? Let me know below!