---------------------------------------------------------------------------------------------------------------------------------------- - Quick update. the chart is speaking by itself. - this a 1W TF analyze but if u go smaller TF, u will shock to see how BTC is linked to Nasdaq. - BTC is simply cloning Nasdaq 100% from 8 November 2021. - This happened already...
- This situation was identical in 2020. When people's saw the death of the king, and when the dip was followed with a boom. - i see only opportunites for new comers and smart money in this dip. - i won't explain much about my graph, it speaks by itself ( Check RSI ) - i will later post an update for this knife. - Don't fall in USDT like we falled in USD after...
this is a small and fast update. this a 2W timeframes. Nothing much to say but a move will come sooner or later. - Notice bounce on EMA50 2W TF. - Notice BB getting thinner Feel free to comments wisely Stay Safe Happy Tr4Ding !
- i will try to explain how to play cautiously when we are in this kind of incertitude. - i always try to make some posts to teach peoples how to grow, avoiding multiple rekts and i also learn myself from others peoples everyday as well. - Right now we should be in a consolidation phase, but it doesn't mean that we won't get another dip lower, so have to be very...
- just a simple analyse on facts, not really a prediction. - Weekly EMA 21: $45k ish - Daily EMA 200: $46k ish - TheKing reached an important momentum zone. this green daily candle was very huge but BTC have to close next weekly candle above 46k$. - After that we can consider to turn in Bullish mod and start a new rally. - For now i am not bullish and not...
Fast Update. Everything is annotated in chart. Timeframe 1 Day. - We got a first rejection on 2EMAs (100D-200D) this is an usual correction. - Correction could down to 38k ish (61.8% Fibo) doing a first ABC. - A Breakout could propulse BTC to 50k ish (161.8% FIbo). - Shorts on Bitfinex are going up. still trying to push TheKing Down. - We could sideway for a...
Quick and short update. - Stories like to be repeated constantly in Trading, that's how traders try to forecast the future. - i invite you to research about elliott wave running flat theories. - 61.8% is still the "Golden Number" and we have to always keep it in mind. - Play like a Robot and don't use sentiments, adapt your trading style to situations. - in FA...
Ok i will be quick on this analysis and speak only about facts. - it seems that BTC new demand area was around 30,000$, everyone was waiting for 28k again but markets like to trick peoples :D - so we found support around 33,000$ ( BTC Bounced on last VPVR Demands from June-July 2021 acted as support ). - So for now TheKing made again one more HH and HL and we...
- ADX was always a strong indicator about Trends movements and strength, so read carefully the graph, this is a 2 Week view, in comments i will post 1 Month view. - Just Check ADX Overbought Zone and you will understand, for now, i can tell you that 82% of retailers are shorting TheKing and believe it will crash. - That said i can tell you that 86% of...
- Quick Update. - Check out the cloud then you will know where eventual resistances are. - If TheKing stop and down, rebuy lower, if the King destroys resistance, Buy the Breakout. - You are the only master of your succes. Play as a trader. ----------------------------------- R1 : 48000 Ish R2 : 55000 ish ----------------------------------- Stay S4Fe! Happy...
I'm just going to leave this here. feel free to wisely comments! Happy Tr4Ding !
- i was waiting for a little more confirmations but it seems that this dip created a real trend. - we can consider a real trend when we have 3 points in the same line ( traditional trading method ). - You can notice in the graph that this support trend have much more than 3 points. -i made this analyze very simple and clear, everything is annotated in the graph...
Everything is annotated in the graph and simple, so nothing much to say. - TheKing is growing in a Big Triangle (Green triangle Zone). - Attempted 2 times to break 70k$ Zones. - We are making HH and LL in this Triangle. - This triangle is starting to be tinner and tinner with time (retracements have been smaller). - Looks like we are building a New support zone...
Quick Update : - Don't be Scary about your alts, as you noticed yesterday while BTC was pushing, Alts did an inversed movements, it just was caused by TheKing Dominance growing. - Many times in history when BTC was pushing too fast and too strong, Alts were oppressed by the power of peoples buying...
- So after this new Chinese FUD about EVERGRAND, you should take your habits after countless "Chinese FUDS" :D - This a Quick update without "Price Talk", but about the most important indicator in this BullRun, " The King Dominance ". - So i explained a in an older analyze what happens when BTCDOM up and What happens when BTCDOM Down. so check it again here...
Everything is in Graph, just follow the clouds and stay zen for now. This analyse is based on Weekly TF, less noise and more clean movements, i just used only ichimoku cloud as indicator. After bears tried multiples time to down TheKing under 28k and failed constantly, we could get soon a new green market. Of course we could get a trap with a bad tricky news...
Small quick update without any indicators. - TheKing stays for now on his recovering trend. - Bounced multiple times on that trend to reach 161.8% Fibo around 50,000$. - i separated Bearish and Bullish zones in 2 parts ( Green and Red ). - if BTC breaks down under 47,000$ we could starts some bearish movements, but for now nothing confirmed as it bounced on...