Bullish bias on SANDUSD - adapting to bullish fundamentals in crypto market due to the recent cpi data release and fed pivot - bull flag market structure form on the 4hr timeframe. - Price showing rejections at key support on the very high timeframe Trade safe and enter upon confirmations like a break and retest of market structure
Just a theory but since the introduction of crypto, the DXY has seemed to always indicate and even predict the start of the crypto bull market and its blow-off top.
I've annotated my charts for your convenience. Enjoy!
The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart. The support zone is also defined by the model.
Intriguing.
As the crypto market consolidates after a raging bull run, traders scramble to see where the chips have fallen. An interesting chart to look at is ETH/BTC. Now that the initial excitement is wearing off, it is perfect for recalibrating and considering a longer-term perspective. Here, we see the last four years of the ETH/BTC chart. We see that during crypto...
This is another case to the upside for BTC You can check my last couple charts to see I'm going against the grain here. Let's get it.
Not expecting a bounce up here is foolish in my opinion. The emotion from the bears is unbelievable. I am expecting an even bigger move up now a squeeze is upon us lol it's time to buy IMO and no I'm not saying BTC to the moon I'm saying its time to go long.
The crypto market correction maybe over - based on my analysis I believe we have now completed an ABC correction in crypto and are likely to see a continuation of the bull market to new all time highs. In many ways this crypto market cycle has pretty much mirrored the 2013 crypto bull market and we saw very similar trends and price action then, with a major...
I'm looking for a long entry around the 30 k range. This is also the area Elon Musk bought at so this level is key but beware of a fake out to the downside. These targets are just rough ideas I'll know more as time passes.
Investors and traders are people with emotions, fears, and biases. To overcome the uncertainty of every aspect of daily life, they need things that give them a feeling of safety. Assigning a specific "label" to events, objects, or other people's behavior helps everyone categorize what happens around us to fit our mind schemes. When trading, often happens the...
Did you buy the dip? If so, whose dip? Altcoins have rebounded strongly since last week's lows, with Bitcoin looking much weaker and uncertain about which direction to take. That is consistent with the thesis presented in our recent post. We outlined how Bitcoin could trade sideways for a while, giving the market another opportunity for another mini-Altseason....
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Bitcoin is at a critical moment of this bull market flirting with the 20W SMA. The last time it touched this critical support was in September 2020, where it kicked of the bull market by holding it as support. If we see a weekly close below the 20W SMA, we could see a lack of confidence in the altcoin market and potentially short-term capitulation. Otherwise, in...
Those that joined the crypto space a few years ago may remember the first puzzle they faced. Where should I buy cryptocurrencies? Hacks, scams, downtimes, and poor user experience were a real pain. Those that recently started their crypto-journey don't have as much to worry about. Prominent players gained a solid reputation for offering safe and easy options....
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Binance Coin’s Surge Elevates Token to Ranks of Crypto Titans Binance Coin has strengthened its position as one of the world’s largest cryptocurrencies after an 18% rally in the past 24 hours knocked back its rivals for the third spot behind Bitcoin and Ether. Issued by the world’s largest crypto exchange, the digital coin commonly known as BNB now has a market...
$DOGE moved more than $1 billion in trades within 24 hours...