andre_007

andre_007

📝Overview This indicator measures the total amount of coins transferred on-chain. Only successful transfers are counted. (Glassnode) 📈Analysis In this chart I put the main stable coins. Looking at the on-chain volume, the highest volume so far was reached on Nov 08, 2022, at the bottom marked in the red circle. Looking at it, the break of this support would...

andre_007

📝Overview IntoTheBlock classifies addresses based on their holdings the following way: 🐋Whales: Addresses holding over 1% of a crypto-asset’s circulating supply. 🐬Investors: Addresses holding between 0.1% and 1% of circulating supply. 🐟Retail: Addresses with less than 0.1% of circulating supply. In most cases, any holder with over 0.1% of circulating supply of...

andre_007

(3/3) This is the third and final part of my study on "Ownership by Time Held" . The first two parts are in the links below: 👨‍🦲Hodlers: Addresses that have been holding for over one year. These are seen as long-term investors 📈 This indicator always points up. Placing an 8-week exponential moving average, it is rare to see it below it. 📅This only happened...

andre_007 Updated 

📝Definitions According to IntoTheBlock , we can classify bitcoin addresses by the amount of time they have held their investments. The classification is done by looking at the weighted average time an address has been holding, split into three groups: 🧑‍🦳Hodlers — Addresses that have been holding for over one year. These are seen as long-term...

andre_007

... This is a complementary study of this idea: 🧑Cruisers: addresses holding for over a month but under a year. These are mid-term or so-called swing traders. 📈The correlation is positive most of the time with the price of Bitcoin. 🐢However, when looking closely at this indicator, we can see that it has a strong characteristic of a lag indicator (a delayed...

andre_007 Updated 

Both on the chart indexed on the ETF QQQ (proxy for the Nasdaq index) and on the Bitcoin chart itself, we have a bullish divergence. If Bitcoin breaks out of the yellow region at the 0.5 Fibonacci retracement, I believe it could go all the way to the top of the wedge, and then deliver the final sledgehammer down. For a while Bitcoin had a decorrelation with...

andre_007

The operating result for the last quarter was published recently, on November 30, 2022. 1. Graphic Analysis As the company's core activity is Bitcoin mining, it is important to analyze the correlation with the price of Bitcoin. As you can see in the graph below, most of the time the correlation is positive. It seems to me that the price is at the end of wave...

andre_007

⚡ I'm keeping an eye on exchange tokens for any danger alerts. ⁉️ I don't know why this ASD token is going up (leave your comment)... 🐻 On July 11, 2022 we had a bear trap. 🚀 Since then we have had an appreciation of 1,444.50%... 🤔 Could it be that the catastrophic events to come were already priced in this event? ⛰️ If even after the FTX collapse, the token...

andre_007 Updated 

(1) 🔬 Dividing the GBTC price by the BTCUSD price, we have this chart in a downtrend. This indicates that GBTC has underperformed Bitcoin. 🟢 The price spent most of the time in the green rectangle, threatening to break out several times. In March 2021, GBTC broke out of this rectangle. 🟣 Projecting this rectangle downwards, in a new purple rectangle, we have a...

andre_007

☣️ Looking at the Bitcoin drawdown, we can see that the drop in percentage terms has already surpassed the COVID-day drop. ❓ Will the drawdown reach the same level as December 3, 2018, with a drop of 84.22%? 📈 If that happens, the price would come in at the 0.382 Fibonacci projection at $10,190. 🎅 And it would be a big coincidence to happen in the same month of...

andre_007

I believe that price could temporarily break out of the triangle and make a bear trap at the 0.5 ~ 0.382 Fibonacci retracement. The MATIC token is one of those that appreciated above average considering this bear market. The DMI SMI indicator also signals this possible opportune moment to buy

andre_007

The token is valued above average... a point outside the curve in this bad context. I would expect a pullback for a possible entry.

andre_007

❓How long will the dollar appreciate? 🏦 The Federal Reserve dollar indexes are designed to help estimate the overall effects of U.S. dollar exchange rate movements on U.S. international trade. 📈 There are three indexes: (1) the broad dollar index (this index), which is constructed using the currencies of the most important U.S. trading partners by volume of...

andre_007

ℹ️ This is the total market capitalization of cryptocurrencies, excluding major stable coins (USDT, USDC, BUSD, DAI, GUSD, PAX, SUSD, USDK, EURS). 🟢The chart indicates a possible bear trap. However, to be confirmed, the index needs to break through the resistance shown in the blue region above to have an upward confirmation. If that happens, the LS Volatility...

andre_007

Next target at $5.88. To reverse this downtrend, even temporarily, it need to break out of the $20-$22 range.

andre_007 Updated 

(Considering Back-adjustment for continuous futures contracts: www.tradingview.com) Next targets: $14,265 $13,225 On the SMI of the DMI we have a bullish falling wedge.

andre_007

CRO is the token of the Crypto.com exchange. Plotting the Fibonacci projection, the next target would be at $0.030

andre_007

Positive correlation with Bitcoin. Next target: $0.50 Fundamental analysis: