elliptic-capital

15:31

elliptic-capital

$BTC is clearly seeing strong resistance around $50,000. Attempts to drive the price above that level has led to sellers stepping in with strong conviction and driving the price back down. The last few days have seen net negative direction in terms of price. Volume over the last multiple days is very low compared to volume back in Q1 of 2021 when the bull run was...

11:10

elliptic-capital

$ETH has taken off! Will it go past its previous all time high? ETHBTC ratio is also looking massively in favor of $ETH. Will $ETH dominate over the rest of this bull run? Look at the analysis and we are certain it will help you understand the price action and the possibilities in a more analytical way. Nothing in this video is investment advice. Please do no...

09:38

elliptic-capital

$BTC is struggling at $50,000 and finding it difficult to break through. Volumes have dropped and overall volatility in $BTC price has also reduced. Bulls and bears both seem to be lacking conviction at this time and the struggle continues with small bodied candles as stories of battles neither lost nor won! Nothing here is investment advice. Please do not take...

12:58

elliptic-capital

$BTC is likely to see strong resistance around $50,000. The price has broken through previous areas of resistance and does seem primed for a bull run. Having said that, it's impossible to predict how the future will unfold. We study market structure and price action and look at the possibilities. If you are interested in parsing the market objectively then enjoy...

05:41

elliptic-capital

$ETH likes to respect the fib levels. If $ETH surges beyond $3477, the 0.236 fib retracement level since the last ATH, one is likely to see a new ATH. $ETH stayed only a few candles above this level the last time but moved rapidly to $4300 when it did. If $BTC shows a power move and $ETH also breaks through $3477, the likelihood of a new all time high is very high.

05:37

elliptic-capital

$BTC has been range bound over the last couple of months. After the massive fall earlier in May, the price stuck for the most part between $29222 and $43000. Most recently, the area of resistance around $43000 has been broken and the market seems to be attempting a reversal or change of trend. Watch $47532, an area of value we had drawn a few months back. If the...

08:07

elliptic-capital

$BTC is struggling in the area of resistance between $40000 and $43548. If $BTC is to surge ahead and establish new all time high this year then it's extremely important that it shows strength and stays above $43548. 3 major attempts have been made so far to regain those price levels. If it fails a 4th time, one could see a sharp fall since all bulls would have...

04:55

elliptic-capital

The last few days of green candles has primed the $ETH market to get ready for the golden cross where the 20 EMA crossed over the 50 EMA. The green candles are not 1 big power move but a lot of small but sure green candles. This shows that the conviction is building and the buyers are stepping in slowly. If $ETH crosses the 0.382 fib retracement level from its ATH...

06:48

elliptic-capital

$BNB saw new all time highs in this bull run. In fact the emergence of the Binance Smart Chain converted $BNB from a centralized exchange's discount token to a network token of a decentralized network and a defi platform. This is clearly evident in the price action where $BNB rose from ~$42 to $700. With the larger crypto markets correcting, $BNB has pulled back...

11:48

elliptic-capital

$COMP has pulled back more than 80% from its all time high of over $900. The area around $240 is an important area of value. If we see further correction and pullback, the market could remain between $240 and $88 for a bit and it will not be surprising if it bottoms back near $88. On the other hand, the bearish price action over the last few weeks could finally...

14:11

elliptic-capital

$ETH has seen sharp correction from its all time high over $4300 to levels below $2000 now. The current price range is an area $ETH hovered in for over 65 days on its way up to the all time high. Assuming a sense of symmetry is respected, could we see a long period of a range bound sideways market between $1400 and $2000 like we saw during the climb? The video...

10:36

elliptic-capital

$BTC price action has been bound between $40,000 and $34,000 for most of the last 28 days. The market structure seems clear for now although predicting anything about $BTC price is extremely tricky. It's a very volatile asset and has seen days when the price has ranged from $30,000 to $43,000 in a single day. In a sideways range bound market, there are always...