SiDec

SiDec

The bulls tried several times to break the strong resistance level of $1700 but failed to do so. However, it has now retraced to the golden pocket area, presenting a favorable long opportunity with the potential to surpass the $1700 resistance leve this time. If successful, the next target level could be the psychological mark of $2000. The bullish bias for ETH...

SiDec

ETH has faced significant resistance at the key level of $1700, marked by the June 2021 low. Despite repeated attempts we failed to break through this level, leading to a swing failure at the November 2022 high. This failure has resulted in a retracement to the liquidity zone at $1500 (Key Level), which is also the median line of the channel. Additionally, there...

SiDec

The market has been stuck in a trading range at its highest levels for more than 10 consecutive days and with the start of a new month, it's a great time to look for potential buying opportunities. As investors, it's always exciting to explore new opportunities and reap the benefits. In this scenario, it would be beneficial to see if the market tests its lows once again.

SiDec

The market is currently displaying signs of an ABC correction, with the focus being on wave C. Key level to watch is 1500, as a substantial amount of liquidity has been accumulated during the trading range in this area. This could potentially provide an opportunity for traders to enter the market if the long positions are flushed out. The Fib 0.5 level of the...

SiDec

It appears that we are currently experiencing a similar pattern to the bull run we saw in the past. During this previous bull run, we saw a sharp decline from 65K to 29K. Currently, we are seeing a similar pattern with long positions being trapped at the top and many stops being placed below 20,4K. If this pattern continues, we may see a decline towards the 20K...

SiDec

In May 2022, the major structure at 29K was broken and a 1 month trading range formed at the support level until it was finally broken to the downside. By measuring the distance from the all-time high (ATH) to 29K and applying it to the downwards target, we can calculate a potential target of around 12K. Using the Fibonacci retracement tool from the start of the...

SiDec

Today, we'll take a look at the CMF indicator with my own custom settings, which has been showing some interesting data since the inception of bitcoin . We entered an accumulation phase whenever we fell below the 0 line. Money began to flow back into the market after the accumulation. In general, we are accumulating near/below the zero line. Anything above 0.25...

SiDec

As a result of the current market instability, some investors are panic selling, while others are clinging on in the hopes of a recovery. In just three months, the value of Bitcoin has fallen by more than 60%... On the weekly TF, we've reached the 200 SMMA trendline. Since 2015, we've been relying on this support trendline... Is this time any different? Well soon...

SiDec

I've started experimenting with the new anchored vwap indicator. Here is the result when you combine them all together. We can now see where we are and where our edge is.

SiDec

LINK had a nice run and is now at major resistance. Once the lows are taking I'd be looking at the 0.618 for a buy back.

SiDec

It's been a very bullish month for VET. We've hit the golden pocket and now facing a heavy resistance.

SiDec

Here are my thoughts on the current BTC playout. I do believe we gonna visit the Golden Pocket range at 7200-7000 USD and fill the last major gap. I'm also excited to see the PA at this level. On the other hand If the H&S play out I see a great shorting opportunity at Fib. 0.5 / 0.65 Resistance.

SiDec

We've had a healthy retracement to the golden pocket. 200-180 B is a critical level that must hold. We're also at the long term trendline. Now we have to observe the PA at this level. Looking good overall.

SiDec

My view on the overall market. We've retraced to Fib. 0.5 of Wave 3. It's possible to see one more push down to the golden pocket. There is also a H&S formation which failed to break the first time. I also like the double bottom on the daily. After the correction is finished there is a potential 5th wave coming. Exciting times.

SiDec

We're currently hovering below the Kijun Sen on the 3 Day with a bearish MACD Crossover. We're most likely to see a price of 8500-8000 pretty soon imo.

SiDec

My thoughts on the overall market.

SiDec

Incoming double bottom?

SiDec

My current thoughts for BTC . We are at a major resistance. After the stop hunt I expect it to drop damatically and bounce off our last support area (Golden Pocket Zone).