Bitcoin_Weather

Bitcoin_Weather

- death cross - bearish divergences - bearish SPX (coming recession)

Bitcoin_Weather

From a technical point of view, the SPX is in a rising wedge pattern with bearish divergences on the indicators and a FIBO retracement near 61.8%. From a macro point of view, it should be remembered that all inflationary shocks have always caused a recession, the warning signs of which are bank failures (Silvergate Bank, Silicon Valley Bank, Signature Bank, First...

Bitcoin_Weather Updated 

Bullish divergence in progress, wait for the next support to buy.

Bitcoin_Weather Updated 

Despite the FTX affair wich caused a new low, I believe BTC is ready to rise again due to bullish technical factors: - many bullish divergences in W, 3D, D, 4h - end of the big falling wedge (throwback completed) - new small falling wedge (dashed lines) - historical technical supports (Price, MACD, Disparity index) - blue pill (Hash Ribbons indicator) - bottom...

Bitcoin_Weather Updated 

In daily TF, the price structure shows the beginning of a correction after a rise of about 28% (from the support 90), confirmed by a triple top of DXY, a MACD triple top and a bearish divergence of RSI. In monthly TF, we have a strong uptrend due to a huge bullish divergence and a triple bottom.

Bitcoin_Weather Updated 

Despite the FTX affair which caused a new bottom, I believe BTC is ready to rise again due to bullish technical factors: - many bullish divergences in W, 3D, D, 4h - end of the big falling wedge (throwback completed) - historical technical supports (Price, MACD , Disparity Index, RSI) - blue pill (Hash Ribbons indicator) - bottom found (Puell Multiple indicator) -...

Bitcoin_Weather Updated 

- double top - death cross between MA50 and MA100 - MACD bearish divergence

Bitcoin_Weather Updated 

Golden cross and bullish divergence. This analysis is a trend assumption, do your own research.

Bitcoin_Weather Updated 

The price structure and the study of divergences show a probability of a bullish scenario in 3 phases: 1/ bullish bounce untill 4000 (FIBO 38.2%) 2/ resumption of the decline until the strong support 3200 (FIBO 61.8%) 3/ return of the long term bullish trend up to 5000

Bitcoin_Weather Updated 

Bullish bounce due to bullish divergences and a likely drop of Dollar. On the other hand, I remain bearish over the long term.

Bitcoin_Weather Updated 

- weekly death cross - huge bearish divergence - pullback completed

Bitcoin_Weather Updated 

Bullish up to $1900 then bearish. Long term analysis:

Bitcoin_Weather Updated 

- double top - death cross between MA50 and MA100 - MACD bearish divergence

Bitcoin_Weather Updated 

Huge bearish divergence and death cross. This idea is a trend hypothesis, do your own research.

Bitcoin_Weather Updated 

- triple top - death cross coming - huge bearish divergence

Bitcoin_Weather Updated 

Triple top and bearish divergences. This analysis is a trend assumption.

Bitcoin_Weather Updated 

Technical indicators show a high probability of a “dead cat bounce” pattern which is a bullish retracement inside a downtrend. Indeed, the drop was triggered by a huge bearish MACD divergence and confirmed by a cross between MA50 and MA200, while the recent rise was triggered by a small bullish MACD divergence. I believe the bullish retracement will end below...

Bitcoin_Weather Updated 

In monthly TF, we can see a huge bullish divergence and a triple bottom that triggered a long-term uptrend. In weekly TF, we can anticipate a probable correction of the resistance 118 towards the support 105. In daily TF, we will probably have minor corrections before reaching the next strong resistance zone.