Skyrex

Skyrex

Hello, everyone! While most of influencers are talking about some FUD which can happen with the Binance, we don't believe in that because Elliott waves are superior and it told us that BINANCE:BNBUSDT is an extremely strong asset which has likely reached it's bottom. Let's take a look at the BNBUSDT price chart. We consider the beautiful 5 waves impulse to...

Skyrex

Hello, Community! I hope you remember our last MIL:BTC analysis where we told about the bear market continuation. It's so important because we should understand in which direction to trade. Global time frame analysis allows short term traders to chose the sniper entries at the local one. As we mentioned before now Bitcoin is printing the wave 1 in wave 5 of...

Skyrex

Hello, Community! Today we have very important topic to discuss: where is the CRYPTOCAP:BTC bear market bottom gonna be, why we are so bearish? Let's take a look at the 1W Bitcoin price chart. We can see that this bear market has the pretty clear Elliott waves structure. Waves 1-3 were so obvious and we explained you earlier multiple times why you should...

Skyrex

Hello, Community! Massive congratulations🎉 the CRYPTOCAP:BTC has just finished it's global wave 4 and started the last bearish wave 5. We warned you many times not to be so optimistic becuase Elliott waves are superior tools to predict the future. Despite all these negative news we have the positive one: high volatile period is in and SmartBot will generate...

Skyrex

Hello, community! Today we prepared a very important analysis on CRYPTOCAP:BTC . The huge evidence was found that BTC could already start it's bearish phase. Earlier we had some doubts that it can set the new higher high at $32500, but today recounted waves and there are the bad news for bulls. On the 4h BTCUSDT chart we can see the potential first downside...

Skyrex

Hello, Community! In today's anlysis we enhance the Elliott waves approach for CRYPTOCAP:BTC with the liquidity analysis to understand the likely move. Let's take a look at the 4h time frame BTCUSDT price chart. Here we can see that price has likely finished it's corrective wave 4 which was represented as the ABC zigzag. Wave B was the triangle correction....

Skyrex

Hello, Community! While CRYPTOCAP:BTC had multiple attempts to break through $30k most of traders completely changed their mind to bullish. They supposed that the bull run has been already started. At the same time we are still bearish on Bitcoin. Even if it will not set the new lower low below $15k it should retrace that much. Let's take a look at the price...

Skyrex

If we take a look at the local bullrun which has been started in January 2023 on BTC, we can see that it has the clear 5 Elliott waves structure. The early indication of the potential reversal is the bearish divergence with the Awesome oscillator. Here we can see even the double divergence on the 2D time frame. We use this time frame because we need 100-140 bars...

Skyrex

Bitcoin is forming very interesting price pattern. As I told you many times before, it's printing the last bullish wave before the bear market continuation. On the chart 1 you can notice that this wave should consists of five Elliott waves. Now it looks like #BTC is forming the reactive wave 4. Price reached the zone between Fibonacci 0.5 and 0.618 which could be...

Skyrex

Hello, Community! Today we are sharing this update because CRYPTOCAP:BTC has too many reasons to show the rapid pump in the upcoming hours or days. Different technical analysis approaches are showng the same potential price action, especially our Skyrexio SmartBot is waiting for this pump. Lets take a look at the BTCUSDT chart 1. Using trading chaos approach...

Skyrex

Hello, community! Today it's time to analyze CRYPTOCAP:BTC on the weekly time frame. The huge warning sign has been flashed and we expect the huge dump soon, but Skyrexio SmartBot tells us that market can show another one local pump to $31200 before the deep dive. Let's take a look at the chart 1. On the 1W time frame Bitcoin has printed 5 waves of the...

Skyrex

Hello, Community! Today it's time to talk about CRYPTOCAP:ETH because the Bitcoin is staying at the same level. Like in BTC analysis today we apply the FibDiv strategy and combine it with our Skyrexio SmartBot. Let's take a look at the chart 1. The first we should do is to define the impulse to apply the Fibonacci retracement to it. We should wait for three...

Skyrex

Hello, Community! In our yesterday's analysis we pointed out that CRYPTOCAP:BTC could set the slight higher high soon or reach the next support level at $28181, which is defined by the Skyrex SmartBot. This is AI-driven automated strategy developed by our team. On the Chart 1 BTCUSDT we can see the application of the FibDiv strategy which has been expalined...

Skyrex

Hello, Community! We decided to make a mixed analysis using both the trading chaos tools to make it more understandable for you and the Skyrex SmartBot to show the entry and exit points. On the chart 1 you can see that CRYPTOCAP:BTC is in the final wave of current bullish rally. This wave is also consists of 5 waves. I suppose that wave 3 has been ended...

Skyrex

Hello, Community! Let's continue analyze CRYPTOCAP:BTC price action using the SmartBot automated strategy. The key support levels remain the same anf today the Bitcoin price collected liquidity below the local swing low. Let's take a look at the BTC price chart. The level generated by the strategy had the perfect touch today at $29583. That's why the take...

Skyrex

Hello, Community! As we warned you earlier MIL:BTC demonstrated the new local pump to $31800 exactly as it has been pointed out in last Bitcoin analysis. SmartBot is still holding the position and the take profit at the strong resistance level at $31800 is valid. Algorithm prints the green line at the potential reversal level. It is based on Elliott waves...

Skyrex

Hello, Community! Let's continue analyze altcoins using the SmartBot algorithm. While Bitcoin is staying at the same price and it's trading is so boring and not a profitable, BIST:LINK is showing us some interesting opportunities. If we set up the strategy start period at the beginning of July we can see that SmartBot has created the previous base and...

Skyrex

Hello, Community! Let's continue analyze crypto assets using SmartBot. I will remind you, this is an automatic trading strategy which defines the dynamic support and resistance levels, adjusting entry and exit points according to current market state. Today it's time for my favorite altcoin CRYPTOCAP:ADA . On the ADAUSDT price chart we can see that since...