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I will share this here for future reference, this range expansion in full effect. Long therm looks like decent upside is on its way, however oscillators are cooked and need some cool off. Maybe 52k revisit is possible and i think at the very least we get 57k. A good buy is to me, when we get daily RSI oversold, and also Fear on Fear and Greed Index. Be patient.

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It has been a long time since we topped at 20k, however the sell pressure still lives... It is hard to say this, people don't like to deal with this harsh reality. Maybe the some advanced studies in time can point out if we are ready or not to cross the line beyond the down trends from 20k.

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The BRL is simply, not showing signs of recovery agains USD. American Dollar is just too strong overall, and against the Brazilian currency it appears to be taking it up to the next level. The Brazilian stock market is a bit stretched, and the whole current situation does not seem convincing enough so the external capital becomes a sure destination.

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Bitcoin has come up impressively from the bottom, like a rocket as it does, that is amazing, who doesn't love a nice rally ? But to me it is now time for this beast regroup, reset and go back up. I don't think it needs to goo really deep, but in my view if we keep going up it won't have the base to sustain much higher. The stronger the base, the higher it can go.

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Post just to tie up with yesterdays post regarding USD/BRL Pair. Today it slipped hard against the BRL and went lower however i think this will be a longer process until a pivot low is formed, but this zone where we are now is a possible reversal zone. Maybe the caos regarding the protests an looting can be adding more fuel to this selling however is has bled a...

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Well, finally institutions stopped selling and maybe starting to buy dollars again here in Brazil. Simple analysis, after this massive selloff of USD, RSI is pointing to a recovery ahead of price AKA bullish divergence. Not only that, prices is testing a previous range high zone, and converging with this really oversold RSI. I believe it is a good time to stack...

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The description is the same as the previous one but with Log scale, please not the divergences in RSI.

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I have to make some notes regarding this important period here. The Bitcoin halving has just happened, but to me for now it is early to see the supply cut into 6.25 per block affect the price. In the medium to long therm i'm almost sure it will pump the price, but for the coming weeks, i think it will be a non event leaning to price decrease, i think this way...

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Amazing progress for the Bitcoin bulls, however at this point we might be still printing another higher low, from a macro perspective. Fair enough, the halving is coming soon, but given the whole world pandemic crisis that shows not signs of ending, Bitcoin is ties to this and we know that it suffers more than the traditional assets. It does not have a life of its...

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This is my first analysis of the USDBRL pair. The Real has lost value in a parabolic fashion agains the American Dollar. The Dollar appear to have reached the top of the channel however the whole global scenario does not look in favor of the Brazilian currency strengthening agains the dollar, the case seems to be of maybe a top but i can't see it going really low...

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There are quite a few signs that Bitcoin can continue, it has regained trading above EQ of the two most extreme high and low after struggling to bounce from the golden pocket area. It is possible the deviation resulted from a mixture of accumulation and trend reversal, from the 6400 range. After that it has broken a few resistances and is now in the top half of...

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I have 3 BB on different timeframes, being 9, 21, 126, and they are showing all of them quite some exhaustion to the downside. Also we're on a 9 buy. In the recent past, the 9 candle showed a level where there was a decent reaction the the downside. Sure it can fail, but i think Bitcoin is pretty elastic and likes to bounce even on a strong downtrend....

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We do have this massive falling wedge in play. Splitting it in half with a center line shows us the apex in a different way, this is most often a bullish pattern. You can also flip the charts and it will be even more suggestive that the price will increase. I suggest you drawing the same and inverting the chart (Alt +I). Right now we're in a tight range and i see...

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If the diagonals don't hold ... Well, let's see how the 5k horizontal handle price if we get there.

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Another idea ... Small gray channel to me defines the direction. The other lines are just trends.

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Interesting use of radial. Digging into this idea, i believe more and more, we're searching for a pivot high to break this low, we need both, a pump and dump to put an end to this downtrend.

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The more i dig into this radial, the more bullish i get.

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Another one that does not make much sense. But i want to save for future personal reference.