andre_007

andre_007

This is the worst possible scenario that could happen... in my opinion based only on guesswork. There would be strong manipulation. The market pretended to go one way, then the other, just to sell off all the sardines. And then do the opposite on the opposite side. When it comes to money, I don't doubt human evil. History proves this.

andre_007

The index is at the 21.4% Fibo retracement (March 23, 2020 retracement to the last top). In the inverse retracement from January 3, 2022 to June 13, 2022, the price seems to have corrected in the region of 38.2%. And it is in a bullish channel which in this context can be called a bearish flag. The Stochastic RSI is retesting a resistance for the third time. ...

andre_007

Hello how are you? On the long-term chart BTC follows a bullish channel. It looks like he is testing the 38% Fibonacci retracement. I placed the retracement considering the bottom of March 9, 2020 and the top of March 08, 2021. Why did I consider these dates? Explanation below. BTC/USD indexed on Nasdaq As Nasdaq is strongly correlated with BTC lately, I...

andre_007

Hello traders. 1. Weekly chart Stochastic RSI pointing up. The price has reached the 1.68 target of the projection and also the diagonal Fibo channel, a well-known target. 2. Daily chart I plotted two possible scenarios, an optimist with a green arrow and a pessimist with a red arrow. The price apparently corrected on the 50% retracement: The correction...

andre_007

First of all, I was saddened by what happened: a lot of people lost money and the savings of a lifetime. So it is important that 'never put all the eggs in the same basket'. This is a super complex area, and that involves above all, fear, greed, anger, complacency, ignorance... That's why I leave my condolence here to my colleagues who lost everything. I hope it...

andre_007

In the chart we have the SPX versus the US10Y (US 10 Year Government Bonds Yeld Rate, in the blue line). We are at a peak moment. In principle, the rate in US10Y is inverse, that is, when it goes down, more people are buying — more people leave the stock market and buy government bonds. The correlation with SPX is high in periods of extreme volatility, as shown...

andre_007

The price has broken out of a long bearish channel (green color), and is now in a bullish channel (cyan color). Within the long bearish channel, we can see a downward seasonality in the second half, in the months of July and October. Will the cycle repeat itself in July or October of this year?

andre_007

The dominance of USDT (Dollar Tether marketcap in relation to the total marketcap of all cryptocurrencies) is at a key point. See graph with red line. Which translates into a great time despite today's chaos. We are close to finding the next BTC bottom. Furthermore, on the RSI we have a bullish descending wedge.

andre_007

Hey guys. In this study I compare the dominance of the dollar in the crypto market, against the price of Bitcoin. The dominance of the dollar in stable coins represents the percentage of capital in this asset in relation to the cryptocurrency market as a whole. When this percentage rises, it means that people are more positioned in dollars. On the contrary, when...

andre_007

The price is in an interesting region on the Pitchfork fork. And MACD is confirming uptrend. A good time for entry I believe is at 50% of Fibo correction. The uptrend will expand upon breaking above the wedge. Against Bitcoin, the asset is also at an interesting moment. We had a rejection of the last support breakout, and consequently a diagonal resistance breakout.

andre_007

On the intraday chart we have an ascending wedge, which is a bearish pattern. I believe it doesn't break the $50,000 right away, which is a psychological resistance. Expecting a dip in the Fibonacci region for a more consistent rise.

andre_007 Updated 

Hello traders. Lately I've been doing my technical analysis alone, due to lack of time to clearly write ideas. But this time I managed to share. I hope it helps. Any suggestion or idea, just say the word. Some things I say very briefly to save space. Here I will analyze some aspects that I think relevant. 1. Stochastic On the weekly chart, looking at the...

andre_007

Hello. I set up 6 possible scenarios. Which do you think is most likely? 1 2 3 4 5 6 None of the options

andre_007

Hello again. The amount of shoulder-head-shoulder graphic patterns is impressive. What caught my attention at Starlink, is that we may be seeing a bullish head-to-shoulder. However, we have a bearish head-to-shoulder in red as well. Which will prevail? Well, I believe in a reversal of the downtrend, given the bullish divergence on the MACD, with the declines...

andre_007

In the Metaverse startup bubble, we are witnessing the fall of several assets. Here I will analyze Illuvium. The project may be well-reasoned and so on, but the price doesn't lie. We have a book setup here. Bullish waves from 1 to 5. Then we have the formation of a shoulder-head-shoulder figure. If we project the head height to the reverse (down) side, we have...

andre_007

We can see a high correlation between the company and BTC since the pandemic. Looking at the monthly chart, the fact is that the price is now in an important Fibonacci region at 50%. On the 1-hour chart, on the ADX indicator, we can see a decrease in the selling force (red arrows), and an increase in the buying force (green arrows), forming a kind of symmetrical...

andre_007

The RSI is on the same level as the 1929 crisis. But it can still reach the historic top of 96.26 from the year 2000. In any case, in both cases, we had a strong correction. A correction of at least 30% could come in the next few years. Good luck to anyone who believes the market will go up forever. Handling on the way 🎩🚷💸

andre_007

1. Introduction Maybe this is one of the big projects still in the initial phase. Imagine investing in Solana, buying the SOL token when it was worth only pennies on the dollar. Today it is worth $180... 2. Definition Basically, Velas is a Solana-based blockchain that aims to simultaneously deliver Solana's speed and scalability, with EVM (Ethereum Virtual...