Signals are available everywhere... And new data is coming in all of the timing.
The market is great.
Even though we get confirmation after confirmation, doubts still creeps in.
Even though we see the market moving just as we would expect it to move based on the cycle, sentiment and chart signals; confirmation after confirmation, for real.
Somehow, each time...
Bitcoin has followed my anticipated scenario nicely over the recent two weeks (it doesn't always agree). As I have written in my previous two articles, the 64K and 68K resistance areas are potential take profit zones, NOT locations to put on more risk. Price action appears to be confirming that and is attempting to retrace off the 66K area minor resistance (See...
BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasons
On the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...
Hi all,
This is the first (stream replacement) educational video with a very quick overview of volume. Tradingview just released the new Footprint Beta tool. It's something I asked them for a long time ago, so I am glad it's finally here!
In this video I cover the time-price-opportunity tool as well as visible and fixed range. Leading into footprint.
This is...
BINANCE:BTCUSDT has been showing bullish prospects all week and has been consolidating above key zones, preparing to go higher, but on Friday the market changed to bearish and there is a reason for that.
BTC lost 3.3% on Friday and is currently painting a bearish picture. There are two reasons for this:
Inflation related news, basically proving that...
Bitcoin (BTCUSD) is on yet another green 1M (monthly) candle and if it closes that way it will be the 8th in the last 9, a natural Bull Cycle rally. This is taking place around the former All Time High (ATH) level for the 3rd month in a row.
A similar consolidation (blue circle) took place during each and every past Cycle and every time a very strong rally (green...
In my previous analysis, I suggested buying cheap Bitcoin at 67k and now the price has gone up to 71k in a single day:
What now? Will this pump continue? It's possible, but I am waiting for lower prices because the current pump has created a huge FVGAP on the daily chart. These GAPS tend to be filled sooner rather than later. What's more, the price hit a...
Here we are looking at the 4H timeframe, considered by many of us to be short-term.
Bitcoin just produced a local lower high —I honest don't know what "local" means in this case— I am talking about now vs 22-April marked with the cap pattern on the chart.
Then another lower high this time 8-April —Not sure of this one is local, national or international but...
Bitcoin price broke through the resistance levels of 70,000 and 71,000, and encountered resistance near 72,000 and began to fall. At present, the resistance range is above 71600. The price is expected to fall back in the short term. Pay attention to the 69500-70000 range below. If the price falls back to this range, it is likely to rebound and rise.
Trading...
We have been expecting the Inverse Head and Shoulders (IH&S) to break-out above the Lower Highs trend-line since May 06 (see chart below) and Bitcoin (BTCUSD) dully delivered:
In fact, what we will do on this idea is simply update the Bullish Megaphone of May 02 and chart it inside a more fitting Channel Up:
The previous two IH&S bottom formations...
Fib Retracement with an interesting smart money contraction. Trend line points parallel upwards to wear the smart money contraction, horizontal red dotted line.
If there’s a breakout then the 2MO TF BEARS loose. Stoch RSI will confirm it by bull trend must cross the bear trend making a curve to the upside.
No price range, not possible. If there’s spoofing...
➖ Last week Bitcoin produced what appears to be a bullish candlestick pattern, which is good. This week, a negation happens and prices move to trade and close below EMA10.
➖ The rejection (bearish close) right after the recovery (bullish close) results in a "failed signal," these failed signals are stronger than a common signal.
➖ Bearish volume rose to hit its...
Hello, dear friends! Much has been said about Bitcoin cycles, and you've seen many charts, including mine! But today, I'll summarize everything that has been said before: briefly and clearly!So...
What Defines the Bitcoin Market Cycle?
The Bitcoin market cycle signifies the repetitive trend of price movements within the Bitcoin market, marked by alternating...
Vertical lines represent bearish and bullish sessions. The next reads to be a Bullish Session. The price is questionable. The 3-month space is just an idea of what might happen. Bubbles represent price zones.
I will not play Wizard and predict where the price will end up. I'm only being honest. Price action, sessions, and pi cycles read how and where. Prices are...
Bitcoin (BTCUSD) started to rise again, which is very natural as it almost completed a -25% correction (normal during Bull Cycles) and closed yesterday above the 1D MA50 after two straight rejections.
The situation couldn't look better on the long-term charts as well, namely on 1W where it is at a cyclical stage (ellipse on the chart) where during past Cycles it...
Hello,
Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups.
1: Structure drawing
Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from...
Bitcoin looks very strong at this moment. We can see that the price is breaking out of the descending parallel channel on the daily chart. The price is above the channel and has already retested the downward-sloping trendline. We should see a strong pump from the current price.
Why is bitcoin pumping? From a technical perspective, it's pretty easy to say. Take a...
Bitcoin continues to hold the 60k levels, and by the weekly candles, any and all dips are being bought up.
However the market does not feel over exuberant and so in my opinion there is room to run here.
The next level of importance is around 92-95k, so for me I am slowly stepping in for the next move to the 90's.
Any move into the mid to low 50's is an area...
