edutradinguru

edutradinguru

Interesting to notice that, by eliminating the weekend noise in prices, namely by checking the BTC Futures, the price is still above 200MA, which is consistent with the previous Bull Runs dynamics (see the idea below where I explain this). Of course, I will wait the break above 41-42k as a confirmation. If you agree, use this time to build your position.

edutradinguru

One of the few coins that did not suffer at all the dump is Celsius, active in the sector of the so called Crypto banks which are performing very well too. They provide loans with 0 costs and provide interest for your idle assets. Also, they have nice welcome bonuses and cover all costs of crypto withdrawal (even ETH!). WIN WIN situation, considering that...

edutradinguru

The Binance Smart Chain has been a valid alternative for the DeFi world when Eth was very expensive and almost unusable. Now, due to the dump with the consequent lowering of Eth Gas costs, the development of so-called eth layer2, and the approaching of London update of Eth, the reason for the BSC to exist fades away. I mean, Binance was smart and fast in...

edutradinguru

Hello, I think there is not much to add to the charts. If you are interested to know why 100k-ish level, check the related ideas linked below. Phase 1 - BEGINNING OF THE NEW RUN. Witnesses the exit from previous bear market, and it is characterized by the price going back up above the means that cross positively. Phase 2- STEADY GROWTH. The halving starts to...

edutradinguru

In the Chart I identified the key levels that indicate the price levels at which most of the trades took place (Points of Control) and that we will need to monitor. Even my target of 38k-40k for a down movement was broken and those who expected a V-shaped recovery after the 30k is having tough times. Indeed, we all know we are in a bull run, we all know that the...

edutradinguru

Hello, today I want to show you something interesting. In a past idea, I mentioned a target of 5k -10k for ETH and I believed it was really undervalued. We are still not there, but at least those targets do not seems so crazy now. However, I do not want to talk about Eth's ride which is in front of everybody's eyes, but rather about the flippening. If you are...

edutradinguru

Hello everybody, I am back. I hope you enjoyed the amazing run of Bitcoin from January, and if my last idea (below) conviced even 1 of you not to sell during a retracement, then I can consider myself happy. I have been out for months but luckily, there would not have been much to say, only BULL RUN :) Which is not over yet. I think we are done with the abrupt...

edutradinguru

These days in which Bitcoin is thinking about its next direction, ETH has broken the 0.034 level within a range holding since 2018, which can signal an inversion of the trend of ETH vs BTC, at least in the short term. I think it is risky to hold btc now (without a mental stop loss at least) and makes a lot of sense to switch the gains to the 2nd biggest...

edutradinguru Updated 

Let's play a game. Take a look at the following picture without looking at dates and price values. Just the candles and the pattern. The price, after a consolidation at the previous ATH levels, finally breaks and registers a great 133% run, followed by a 31% retracement on the 21MA daily. It was on July 2017. Now take a look at the current situation....

edutradinguru

LONGER TERM INDICATORS SIGNAL THE BULL RUN IS FAR FROM BEING COMPLETED. SHORTER TERM INDICATORS SHOW SOME EXHAUSTION OF BUYERS. LETS SEE WHAT THEY ARE AND WHAT ARE THE PRICES AND THE IMPLICATION ON ALTCOINS ON EACH SCENARIOS What a rally. Amazing. What to do now? We are in a new level f price, no past data to rely on. Actually we have some, namely the ones from...

edutradinguru

Hello, as usual BTC likes to surprise us. There is something weird to this sudden pump, but as I said in my last idea where I was expecting the retracement, the trend has to be ridden until it lasts. I mentioned some levels to be carefully watched. To me, it seems like a pump due to early shorter liquidation. Interestingly, even if it does not mean anything...

edutradinguru

Hello, as per my last idea, the scenario is sill in play. the price is lateralizing, albeit nervously because of the special level of 20k very close, but if we filter out the noise with a higher timeframe, things appears more clear. Dips are quickly absorbed at the moment, but the most likely scenario is down. However, lets check for up movement, as a return above...

edutradinguru

Hello, the breakout of the red descending trendiline was a false breakout. We still need some confirmation but the trend towards 50% dominance (and hence Altcoins surge) seems to have resumed. I hope you used this time to study and identify the Alts you want to enter. If not, I will provide my favourites, both for Long Term hold and for short trades

edutradinguru

Hello, we can see from the weekly chart that we are outside the Bollinger channel,and above the black Channel that worked well in the pas 3 years. We might be in a positive excess exactly as in March we were in a negative one. If the price holds above, it is perfect. However, I believe it will not. There is also a bearish divergence in the RSI signaled in the...

edutradinguru

I believe the chart speaks by itself. Food for thoughts At actual values, this relation will signal for a 25-30% btc correction. However, it is worth notice that usually the iperextension starts to deflate 2-3 months after the divergence occurs. Now, just 1 month passed from when the prices started to diverge.

edutradinguru

we are exactly on the 21MA daily. Many are scared now, but until we hold this level, we can consider the movement as a normal and healthy retracement and the uptrend can continue. It was too violent to be "real". Also, long/short ratio (adjusted for the holders) reached levels lower than those during the 13th of March due to Covid today. Too much. I still think...

edutradinguru

What we consider as a target to reach and the razor's edge separating us from the new bull run is actually only a decontestualized number. Indeed, if we look at the market cap, the BTC market already reached the ALL TIME HIGH of Dec 2017 as new btc were mined in the meantime.

edutradinguru

What we consider as a target to reach and the razor's edge separating us from the new bull run is actually only a decontestualized number. Indeed, if we look at the market cap, the BTC market already reached the ALL TIME HIGH of Dec 2017 as new btc were mined in the meantime.