Traders, We are right on track with literally everything as discussed in previous chart updates and videos. No surprises this week, thus, the short weekend update video. The only new development is that Bitcoin is testing our ever-important multi-year trendline yet again. Will the bulls win this tug of war or will the bears finally find the strength to pull price...
Traders, It looks as if the dollar, vix, and precious metals/commodities will continue to trend up, stocks will continue to pull back. Bitcoin is tenuous. But it is possible that altcoins have reached their low, though that low may be retested soon. We'll discuss these subjects in this weekly update. Stew
Traders, In this video I'll cover the spikes we are witnessing in the dollar, fear, and precious metals (specifically gold). We'll discuss what this might indicate to us from a geo-political/macro-economic perspective. Inflation continues to tick up. The SEC continues to attack big players (tokens/coins) in the crypto space without providing rules for how to play...
Hi Traders, Investors and Speculators of Charts📈📉 A bull trap is "false" signal that shows a bearish trend (such as the lower highs in XRP) has reversed and is now heading upwards, when in fact, it will continue to decline. Often a large wick towards the upside is observed, shaking out traders favoring the obvious move (shorting). It's important to note that...
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. As we gradually make our way up towards a new ATH over the next few months, technical indicator tools will be crucial to help catch those perfect swing-trades. Today's analysis is an absolute MUST watch for beginners- to...
Traders, Alts are sitting precariously on a level of support right not. Will that support hold or will it fail? Let's look to the charts to find some more clues if we can. Stew
Traders, It's worthwhile to review my most recent altcoin trades, targets, stops, and strategy. I will also review Bitcoin, Bitcoin dominance, Altcoin market cap, and a few of the other alts I am waiting to enter. Stew
Bitcoin/1H doing a pennant that is a sign of continuation ( maybe with a small up move ~24.2) Please Follow,Boost,Commet it really motivates me to do more. REALLY DOES!!!!! Bitcoin has been going down for couple of days , Bulls getting demolished on every RIP they push it. meaning smaller upsides bigger downside and with the pennant its doing it could come down...
Hello Everyone I hope you're doing great today. Some people see the glass half empty, others see it half full. This is your moment - is it a bear market, or is it reaccumulating time with some great entries? In the video above I discuss XRP, possible bounce levels in conjunction with the TOTAL crypto market cap and Bitcoin Dominance. Check out our channels for...
Hi Everyone A quick analysis linking up with the previous Bitcoin analysis. In short, December time around Xmas is usually an euphoric time for Bitcoin price action, lasting a week or so into January. However this could make for an excellent counter strategy and we link this counter idea up by taking a look at the Bitcoin Dominance chart and the Bitcoin Longs...
Hi Everyone If you have been following for the last month or so, this post is to confirm that so far, the markets have been moving according to the strategy we have been discussing. The price targets are still in check. What we see is a multi-month supercycle where there is constant rotation between Bitcoin Dominance and Altcoins. The order in which the altcoins...
Hi Everyone In today's analysis, we take a look at striking similarities between the Ethereum chart and the TOTAL2 chart. Sine Bitcoin is already trading on it's ultimate 3.618, this is the next target for Ethereum. I expect to reach that point after the BTC.D chart has made a run and is cooling down, after which we can expect ETHUSD to run up with TOTAL2 since...
Some great action from the smaller coins setting great patterns, what are you guys playing for this run (leave a comment)
Hi Everyone If you're into highly technical analysis, this one is for you. The question/objective of this analysis for me was: "how far are we away from BTC top?" In short - It seems likely for one more push from Bitcoin's side. By using fractals we get a probable percentage of around 12%. During this time, alts other that ETH might bleed. Why other than ETH?...
Hi Everyone We're seeing alts bleeding, but I am not worried. From analyzing the BTC.D Chart, it is clear that liquidity is going into Bitcoin. I am expecting another leg up for BTC. Then, Alts will make their move as always, when BTC is done. Best Regards, Ev
Hello Everyone An important video today on Bitcoin Dominance. What it is, what it means, and how to interpret it to predict bull/bear markets for Bitcoin and Altcoins. Understanding the BTC.D chart will help you make lower-risk investment decisions and also show you what is trending in the market (trade with the trend). If you don't already do so, feel free to...
Good evening friends, This is my very first video analysis. I hope you enjoy and thank you for watching. Trade thirsty!
Good evening everyone! Happy to be back this Thursday evening to give you an update, we dig a little deeper and we have a look at what the BTC.D chart can tell us about the alt market! BTC is doing nothing on the 4H timeframe, but what subtle things can we tell from some of the price action ??? Let us know what happens next in the comments!