Multiple developments are catching our attention as Bitcoin trades near the lower bound of the upward-sloping channel. First, for the past twelve days, there has been one of the most aggressive increases in the number of Bitcoin addresses with balances exceeding 1,000 BTC; at the same time, the opposite has been happening among the addresses with balances...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! BITSTAMP:BTCUSD update Impulse complete? Clues accumulating for this variant, My favorite still missing, atm. Refer to my video about impulse tops! Will see...
Bitcoin edged higher over the weekend, briefly reentering the upward-sloping channel. At the same time, the number of Bitcoin addresses with balances exceeding 100 BTC and 1,000 BTC increased, suggesting big speculators might not be satisfied with the price yet to unload their newly acquired tokens during the dip. Therefore, our focus is on the lower bound of the...
Hello everyone, new week, new BITCOIN update. Hope everyone doing great! ____________________________________________________ This week should be lot of FUN, due to FED meeting at Wednesday, Im expecting increase in volatility so I suggest to everyone act accordingly. So as I ment in Last Update, there was increased chance of retracing back to Highier prices,...
ETH had a nice retracement on the higher timeframes liquadation of Short Sellers and trapping in buyers , expectance of a Meltdown now to lower bounderies coming into the next week.
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! CRYPTOCAP:AVAX update 🧵 Nice bounce out of identified AOI. Want to see a nice completed impulse up here with a break and flip of this level. 37.51 Break back...
Technical Analysis and Outlook: Bitcoin continued a pivotal squeeze to complete our Inner Coin Dip 38500 and is rebounding to the newly created Mean Res 43200 and Inner Coin Rally 44200. On the downside, the coin might retest a Mean Sup 39500 and completed Inner Coin Dip 38500 before continuing its upward trend. .
In the following chart on BTCUSD I'm trying to visually breakdown and identify certain emotional patterns that triggered break-outs. These patterns turn from resistance into support and seem to somewhat repeat. Could we see a similar H&S structure on this current local top? I'm no fortune teller, but with a good risk-management and strategically put positions we...
When running a fib it's so bullish it didn't even tap the .5 but was above, that's huge! We see it went and touch a very relevant support line and lasted no longer than a wick with huge buyer support coming in as expectd. The bears had a good run but we see so much bullish presence here we couldn't hide our excitement!
Conflux (CFXUSD) has been consolidating around the 1D MA50 (blue trend-line) while holding the 1D MA200 (orange trend-line) as its Support. A simple break-out trading plan should be applied here. If the price closes a 1D candle below the 1D MA200, we will sell and target the top of Support Zone 1 at 0.1150. If it closes above Resistance Zone 1, we will buy and...
◳◱ On the $CFX/ CRYPTOCAP:BTC chart, the Trend Reversal pattern suggests indications that the trend may be gaining or losing strength. Traders might observe resistance around 0.00000526 | 0.000006 | 0.0000072 and support near 0.00000406 | 0.0000036 | 0.0000024. Entering trades at 0.00000495 could be strategic, aiming for the next resistance level. ◰◲ General...
Since the plunge to $38,505 on Monday, Bitcoin has been trending mainly sideways around the critical level of $40,000. Meanwhile, the number of Bitcoin addresses with balances exceeding 1,000 BTC ticked slightly higher; the same applies to the addresses with balances exceeding 100 BTC. On the daily chart, the RSI began to flatten around 35 points, Stochastic...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! ORDI on my watch/add list for this move down. If BTC isn't dead. Was a big move up... $2.87 to $91 Is 1 ZZ going to be enough?
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Want to see an impulse up and out of this box, for confirmation. Box break must re evaluate! lol
On this 1W analysis we see Bitcoin's (BTCUSD) amazing symmetry through its historic Cycles. A symmetry which upto this date, is holding and we will explain why right away. Before we begin, note that the current study can be used in combination with our legendary Golden 51%-49% Ratio publications shown below: ** Three Cycle Phases ** Now as to the...
Here we have the beginnings of a momentum shift on the 3 hr Here we are on the daily. In breakdown territory (rotation zone), while there is hope it bullish breaks on the daily, it could also, breakdown in a bad way. I call these inflection points. Signaled by momentum shifts. So there are a combination of mometnum shifts that create an inflection...
We are considering a scenario involving the decline in the SOL's value and the initiation of asset purchases. It is worth noting that the current correction to the $79.60 level represents a deviation of more than 37% from the prevailing local peak at $126.21. The price movement chart within the descending channel during the correction indicates a reduction in...
Hello everyone, Im back with just quick update to Monday pre-Market idea __________________________________________________ So, as expected we went lower really close to our Sellside t1. Price didnt touch our t1 box, but if you trade with Trailing Take Profit, you should be taking some profit-% off the table at this point. Today and Tommorow, there should be...