MikeZillo

05:36

MikeZillo

Leave a comment and like this idea to support my work and the production of more analysis. I see a possible movement downwards, and I expect it to happen soon. Why I say that? Volumes are coming and from the local bottom of the Volumes we are now facing new volumes coming. Let's see. I would like to know your opinion! Share here your thoughts and let's debate...

05:59

MikeZillo

Leave a like and follow my profile to stay updated on the next analysis. In the video the following: Overbought area --> Nothing new. Tether had a 50% increase of its market cap --> the better way to pump Bitcoin. But now the movement seems to stop. S&P confirmed the Kiss of Death and it opened the candle below the EMA-21 I am short and I am taking a position...

07:45

MikeZillo Updated 

S&P500 is forming the so called Kiss of death that is a strongly bearish signal. We saw that in the last years BTC and the major american indexes showed some correlation. Bitcoin is approaching a really strong resistance area and in my opinion it will be bounced back and in this video I will show the Short position I will be taking with a 2.6 R/R. Enjoy the...

04:51

MikeZillo

Bitcoin is testing some local support areas. In the video you will see the short position I am considering taking. According to the positions I took from my previous analysis, profit is running. I do not see strong patterns for the halving, and I feel that going back to 5300$ again, would provide a good quality strenght to start a new bull movement. Leave a...

04:40

MikeZillo

Sudden move and new volumes entered the market. Two scenarios: a long position with a R/R > 2. Short position with a R/R = 2. I am bearish, looking for 6800 (POC) and later for 6300$. Stay updated with my next analysis hitting the "Follow" button, and like this idea to support my work.

09:03

MikeZillo

Drop a Like, Comment to share your ideas and gain together. Looking for Shorts is the exact terms for the weather we are encountering now in Italy. Warm temperatures and sunny days. Some free thought of the movements of Bitcoin, looking now for Short positions. Stay safe, since this level is really an important level, that acts as a resistance/support since a...

07:33

MikeZillo Updated 

In this first video-analysis I am going to explain how I am behaving in this Bitcoin moment. There are both long and short positions and in the video I explain where and why I will put my orders. Leave a like to support this very first English video-analysis and comment with your thoughts and ideas.

MikeZillo Updated 

Everybody spoke about the Golden Cross. And when I say "everybody", I mean that everyone did point the attention to it. Golden Cross corresponded to a huge dip due to the Corona - Covid19 situation. Many institutionals sold positions in cryptocurrencies to cover positions in the stock market and so on. Fine. From over 10k $ we went to below 4k $. So, the virus...

MikeZillo Updated 

Hit a LIKE to Support my ideas and leave a comment to let me know what you think! The second Fibo shows that we are exactly in the middle of an important range between level 0.786 and 0.5. Level 0.786 matches with an important support/resistance level represented by the light blue thick horizontal line. I see support at 8500$ level, where Kumo becomes horizontal...

MikeZillo

In the previous idea I clearly stated that I was Bearish and I had also great satisfaction with the market XTZ/USDT, on Binance. Honestly? I did not expect the bear market reaching 8500$ level, but still, a great confirm of the previous analysis. Like Axl Rose sang in Sweet child of mine from Guns 'n Roses, "Where do we go, Where do we go now". On a daily...

MikeZillo

The ascending channel (red one) has been broken bearish, so the support has fallen. Bearish Engulfment successful Bitcoin may now continue its falling way, but ATR has paused its raise, than we will have at least few hours of rest. RSI is not strongly overbought and Kijun acted as a support for the spike of 17th February. What do I expect? There may be a fake...

MikeZillo

We have seen Bitcoin breaking (as expected) the 10.000$ psychological resistance, and testing a volume resistance at 10.150$ without succeeding to break out. In the past hours a flash dump happened with lots of Bitcoins being sold at Market Price, causing a flash dump of the price. There are usually two possibilities: Bear Trap, or anticipation of the next move....

MikeZillo Updated 

Following the previous ideas, a few updates: we are into the Kumo (Ichimoku Cloud) and this is a highly unstable area by definition. By the way, the bounce back from 9500 has happend and we are not testing the 9100-9200 area. From a recent analysis I am testing privately, I see that 9097$ may act as a strong support, and once broken we may aim towards the other...

MikeZillo

We see that Bitcoin has broken the 9200 level previously formed and tested twice in the last 10 days. We saw now that it shyly reached the 9500$ level, been rejected towards the level 9200$. Let's put some ideas straight on the line: the more BTC price will hold above 9200$ level, the more this level may act as a powerful support. If Bitcoin price would break...

MikeZillo Updated 

Bitcoin is testing again a strong resistance. We can see it from the Volume profile, that presents its biggest bar at a height corresponding to the current level. Volume profile represents how much time the price spent at that current level. Watching further, we can see that the current level crosses the descending MA50, while slightly above we have the Ichimoku...