julio24albert

julio24albert

Finally, we come to see the weekly time frame perspective on the bitcoin which for sure is looking incredibly good as of now. Price had bounce right after it touched and tested the area of $19683 just like what we anticipated earlier on previous update and the area where we put hardly our buy limit. Price is now trending closer to the area of resistance which...

julio24albert

Looking at the weekly time frame, we think that it's necessary for us to provide an update which because of the significant downside movement occurred recently. With the latest break down below the $20000 support zone which is also the previous ATH on 2017, it delays our previous bias to expect movement to the area of $21000 range to be tested. We consider this...

julio24albert

The bitcoin's price action is now looking very volatile as we are seeing the price in a huge range of movement right after it had its consolidation movement during the weekend. All of us may agree that the market is now in an extreme bearish pressure as the price has already broken down below the yellow support trend line as the lower line of the biggest parallel...

julio24albert

Just like what we have said earlier, the way we draw a trend line can be very subjective especially when it comes to a very choppy market condition. It also happens on the bitcoin when we see 2 scenarios to draw support trend line. The white parallel channel is based on the wick to wick connecting method and the yellow parallel channel is based on the wick to...

julio24albert

Ethereum is still becoming the hottest topic right now as it will be in a merge for ETH 2.0 in the next one month as we know that this topic can be a nice confluence reason for ETH to potentially has one more push to the upside as the action to represent the people's FOMO. Based on this technical perspective, we see such a strong resistance is now being tested by...

julio24albert

Comparation between the Bitcoin and the Total market capitalization which is moving in alignment and exactly the same with what the total market capitalization has been showing us. It's no surprise because all of us agree that the bitcoin is now becoming the mother of cryptocurrency because majority the altcoins are highly correlated with the bitcoin's...

julio24albert

Take a closer look at the Crypto Total market capitalization which we see the market cap is now sitting right around the crucial number of $1 Trillion. There isn't still any sign of significant movement in current structure. What we have been thinking of is that current bearish pressure is very likely to be a temporary bias because the total market capitalization...

julio24albert

Take a closer look at the Crypto Total market capitalization which we see the market cap is now sitting right around the crucial number of $1 Trillion. There isn't still any sign of significant movement in current structure. What we have been thinking of is that current bearish pressure is very likely to be a temporary bias because the total market capitalization...

julio24albert

Remember on the previous analysis which we shared about how we measure the bullish momentum only based on the Fibonacci retracement level which the key is on the fractals of the movement. The similar method has been doing in the bitcoin in higher time frame which we measure it from the swing high just slightly before the price started to show us current bearish...

julio24albert

The movement on the higher time frame where we can see there are some conditions we need to focus which it can easily affecting the movement on the next upside movement for bitcoin. We personally believe that the price of the bitcoin will eventually shows us a great promise with the next upside spike to at least the area near $30000 region. However, there is a...

julio24albert Updated 

Special analysis on the bitcoin which is the lower time frame and also keep in mind that this is my favorite strategy to identify if the price is gaining a bullish momentum from the consolidation pattern. Just like what we can see, the price of the bitcoin is still in bigger structure of the consolidation which it's very difficult to identify Elliott wave count....

julio24albert Updated 

And here we have another progress for another hotlist to open long position which is the RSR. Price is now testing the strong resistance zone which is the area of $0.0075 and it looks like that this current resistance has been becoming a strong resistance area as there has been another 5 attempts in the past trying to break above current resistance. More often it...

julio24albert

This is the perspective on the weekly time frame which we can see the price is having huge significant price action right after the price closes above the 200 MA on the weekly time frame. Based on current structure, we can see that the price is still having huge bullish momentum as the latest candlestick on this time frame forms a longer wick toward the downside...

julio24albert

It's a must we put an eye to KNC as the most hottest coin in our radar. The price has shown us a strong bounce from the cycle's low at the area around $1.127 which is the psychological level on current structure. We decide to put some of the eggs into this basket as we see the previous fractals occurred almost similar action right around this region which when...

julio24albert Updated 

Bitcoin has shifted from the short term bearish momentum into the short term bullish momentum. With this kind of play, we can clearly see that the scenario 1 which we have anticipated on the last analysis is now playing out very well. The bounce right after the price tested the yellow broken resistance trend line has shown us a strong throw over which is also can...

julio24albert

Continuing update on our previous call on XRP which at the end, we haven't opened any long position for this pair because there wasn't any confirmation which we have mentioned earlier on this chart. (If you haven't read our previous analysis, it's available on our channel with link in my bio) Price is now melting down and coming back inside of this descending...

julio24albert

FTX token is in our radar right now as the price of this token is now trending slightly above the crucial support of $23 which is becoming the last defending area to maintain the bullish structure in higher degree. Price is now trending inside of this parallel channel which it's highly affected by the bitcoin's current price action. However, we still see...

julio24albert

Bitcoin on current structure is looking very very bad as we are seeing the price breaches below the support which was previously a broken resistance. With this condition, there are 3 scenarios which we can anticipate for the future’s movement. 1. Considering the price is now trending at the support of the golden pocket, we may expect a bounce and reclaim the...