trader734567

trader734567 Updated 

Here are some bearish factors? 1).We had a pi cycle top on 26 October. 2).We have continually failed to break the linear regression trendline despite bitcoin breaking its 64k resistance. 3). It has rallied 232.37% in 34 days. Conclusion: The risk of a Potential upside rally while highly likely vs a potential short term wash of leverage by bearish price action. ...

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With all the blood today in the crypto market. Am looking Whether bitcoin will find support on my linear regression trendline. For those who missed bitcoin @47k .This might be a dip worth buying

trader734567 Updated 

In two days we have done -22.67%.The immediate bearish volatility can imply. In the short term this might be confirmation of a lower high. If we break the next resistance trendline. Then we might be closer to hitting our -35% target as analyzed in the linked chart.

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Hello crypto. With bitcoin and Ethereum finding macro support at previous all time highs price levels. Alt season may just be upon us. Now if you have been following me. i bought bitcoin @ 47500 and Ethereum @ 2900.It is time to cycle the profits into alts. My coin of the week is raydium. Raydium is an automated market maker (AMM) and liquidity provider built...

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Hello crypto, On times of uncertainty, i take a step back and look at the total crypto market chart. Using a linear progression trendline on the 3hr timeframe. We see similar price action on the start of October 2021. An initial crash, then a few days of accumulation. Then a run up in which bitcoin made all time highs Conclusion: Buying every time price action...

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Some fundamental analysis on ethereum from q3 2020 to q3 2021 Network revenue up 511% since last year Value settled up 398% Value locked soared 1,242% Layer 2 TVL surged 29,786% NFT sales mooned 141,847% And ETH issuance decreased by 29%

trader734567 Updated 

Hello crypto, Bitcoin may have just found support using a linear regression trendline @ 61k. The last time we were at this point we traded to the upside approximately 35%. If we plot the same price range, we get a result of bitcoin above 80k in November.

trader734567 Updated 

Hi, we might have just found support using a linear regression model. From September 21st we have found support on the lower trendline on numerous occasions. But the most interesting part on September 28 we just had a run of 50% from 2800 to 4300. LINEAR REGRESSION -analyzes two separate variables in order to define a single relationship. In chart analysis, this...

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We have been in capitulation for 82 days now.If BTC maintains its bullish trend, we might have a breakout of ethereum to 7k. Why 7k? Well in the 82 days we have traded in a range of 58% approximately. If we break the resistance at 4.6k on the remaining days of october, We might post this all time high of above 7k in november.

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Hello crypto, So our price target of 80k at the close of November is starting to look possible. Studying the 8hr chart we see some bullish factors playing out: 1) The trend - We are in an uptrend because we are making higher highs and Higher lows as indicated by the blue arrows. 2) Volatility: A divergence in volatility. Meaning at the very least on a macro...

trader734567 Updated 

The crypto market is on 4 hr buying trend.Always follow the trend

trader734567 Updated 

Btc might out perform eth .I wont be surprised if we make a new all time highs in bitcoin in the coming days. We broke fib level 25.65%.The last time we had similar price action was on the start of October 2021.The next couple of days should be very interesting.

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Hi, so last week the momentum of the crypto market changed.From bearish to bullish. Looking at fib levels we have just hit the 50% resistance zone. Am looking at a pullback to the 61.8% during the coming week before we can test my profit target at 38.2% which is approximately 3000. Thats about 36.65%. Cheers and have a lovely week.

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So momentarirly we might see a dip to $43880. Which is my worst bear scenario.Reason being this is 0.5 fib level.But bitcoin has been on an uptrend since late july.So am buying btc at this price levels for in the coming weeks my analysis shows we might test resistance at $51798. Good luck on your trades

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Hi guys, i hope you are well. So last week we had some profitable shorts which i shared. This week am looking for long opportunities. In my opinion OGN might outperform bitcoin short term. My analysis is simple on the short term bitcoin seems to be developing a bottom. so we might see a break to the upside. Looking at this chart we can see we actually brokeout...

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We have been consintently Downtrend since june 14th. Meaning the bears have strength for now. I would love to see a retest of 30k, to confirm that support zone. Also I believe cycles , So its my opinion that we cannot have any meaningful rally till the 14th of july. Trade responsibly and goodluck in the markets.

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In my opinion the market the market has been accumulating since the start of june. We might see a brief break to the upside to that target

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I like the bullish action in aave. But with bitcoin trending in a bearish momentum. I would like to capitilise a short position when aave reaches its peak. Which might be in a couple of hours from now