In this analysis I want to take a closer look at previous bull-cycles and Bitcoin's behaviour in the months following the halving. The vertical yellow line is the date of the halving. The purple rectangle is the price action of the 160 days following the halving. We can very clearly see a few interesting similarities between the last three cycles: - The price...
NYSE:WFC crossed both 200EMA and 200SMA. ROC and RSI are confirming the direction of the price. However, DMI+ is still below DMI-, DMI- couldn't keep the strength to keep the negative direction and so it's losing strength with ADX changing direction close to DMI+. With the DMI+ already crossing DMI- in the 4hours time. Volume it's increasing together with the...
As of this week the FED has announced that they will be slashing the FED funds rates by 50bps (0.50%). Contrary to popular belief, this is not necessarily bullish. Actually, the last three times that they did it was an indicator that a bear market was coming. As seen on the lower chart, once the FED cuts the rates, it has often signaled a stock market crash in...
See the pattern. It's easiest to see on the ETH Kraken USD. There is a 20 day pattern found. There is donchian channels pattern currently going on. The ending of the pattern is on the 25th. Will the price go up towards the 25th and dramatically fall given the current movement of Ethereum? I also noticed there is news concerning IOTX with an event happening on the...
There is a pattern on M15, M30 and H1 All timeframes are overbought and there is divergence 50 pip stop loss This is with the H4 and Daily trend
Pairs on Watch - FX:AUDNZD FX:GBPJPY FX:NZDJPY OANDA:XAGUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
Pairs on Watch - AUDNZD XAGUSD GBPJPY AUDJPY A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
1. The candle closes at the all-time high, 2. and the next candle breaks that high, 3. closing as the first red candle. 4. The second red candle also confirms that selling pressure is increasing. 5. The third candle’s high does not break the low of the first red candle. 6. Now our resistance is confirmed. 7. According to the trade setup, we will take a...
All timeframes are finally overbought and there are multiple tops with divergence There is a bat pattern on H1 Took this trade at 19520 Stop loss of 100 pips Start of the week so should fall for a bit then might bounce back up
In this analysis I want to take a look at BTC's short-term price action: what can we expect over the next few days? As seen on the chart, the price is currently slightly reversing from the diagonal purple resistance. It's too early to call for a reversal, but we have to be cautious nevertheless. On the bottom you can see the RSI indicator flashing overbought....
🐺 "Hello, KIUCOIN family . I hope you're doing well. 🐺 In this analysis, I've decided to explain what's likely to happen to the BTC price in the immediate short term and the long term. Be sure to stay tuned with me until the end, as it's going to be mind-blowing." 🤯 "First of all, let's examine the monthly chart. In my opinion, this is one of the best...
Pairs on Watch - GBPCHF NZDUSD EURUSD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy!
All timeframes are overbought There is a pattern on M15 This is with the H4 trend 50 pip stop loss
LINK has recently touched the bottom purple support again. After 4 touches, this support seems to be an important level for traders. To optimize our entry, we're going to wait for the price to touch the support again in the coming weeks. With a stop below the recent fear-low and a target around the current all-time high we can construct a very decently bullish...
Hello everyone! Bitcoin is currently displaying the '3 Market Phases,' and we’re transitioning from Contraction into Expansion. As long as the price holds above the lower boundary of the horizontal channel, I believe there’s a strong likelihood of continued upward momentum. Key points: Break below the channel: A breakdown could signal the beginning of...
TAO has been forming a bullish head & shoulders pattern over the last couple of months. The pattern is still not complete, so be patient for it to complete. If you're confident that this pattern will play out and the market will reverse, take a look at the higher risk trade I put on the right. Tighter stop, so higher potential profit!
This analysis is a follow-up on my previous ID post. As of this week, ID has successfully touched the bottom support and reversed from it. Too early to tell whether this is a long-term bottom, but at least the support held strong. If you were ever considering to buy ID, this is the time.
In this analysis I want to take a closer look at the state of the market. ATOM Was a decent performing token in the previous cycle, but it sadly failed to impress investors this cycle. Most striking is that ATOM is one of the few alts which has actually made a new bear-market low. This token has never entered a bullish phase like most tokens did and has basically...