ALT
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo is about to turn red today, having shrunk totally since last week. The Senkou Span B has increased and the Senkou Span A has decreased. The Kumo of the present day - however very thin - is acting as a price structure. The price is however now inside the Kumo a sign of uncertainty. Kijun is sideways.
Almost all lines both individually and in concert indicate a downtrend and price is not above Tenkan Weekly. Kijun and Tenkan, both on the daily and weekly timeframe indicate a downtrend.
The Kijun Trend indicator, which had anticipated last week's search for short positions, continues to be red.
Heikin-Ashi:
As last week, the Heikin-Ashi are always above the Kumo but have been red for a week now and are using the Kumo as support.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from historical high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 40200.00-40800.00 from Ichimoku Flat/Chikou Cusp areas
- 30300.00 from Ichimoku Flat/Cuspid Chikou areas
- 37000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 35000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 33500.00 by Ichimoku Flat/Cuspid areas of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
The BTC has indeed broken its ascent and after the Kijun Trend Indicator also the Kumo is performing the twist. Same situation on the weekly time frame. It is very important to monitor the price especially when it is inside the Kumo, which means unpredictability to observe if the Kumo itself will continue to act as support or if it will turn into resistance.
Also, referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the averages themselves performed a downward cut this week.
It is important to evaluate the closing of the week - especially for the Kumo Twist - and during the week on the following price structures, with emphasis on the sideways momentum:
- Bullish: 41200.00
- Bearish: 39400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Decreased
- Price of BTC: Decreased
- Expectation of Alt cycle: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
Two Scenarios on BTC Price & Missing Alt-MarketBased on past Fibonacci retracement data during previous market cycles, it is conceivable that the Bull Market All-Time-High for Bitcoin has already arrived at $69,000.00. If this is the case (and it appears that it may well be), it is also reasonably possible that the missing "blow-off-top" alt-coin surge may still occur during the upward retracement attempt of Bitcoin reaching for the 702 Fibonacci line (at approximately $61,000).
Will the price begin to rise from its current price, or will it drop further until reaching as low as $39.000 before beginning the euphoric retracement back up to the 702 line ($61,000)?
Personally, I hope it stops dropping and just starts its retracement from where it is tonight at near $49,000. If Bitcoin begins rising back toward the 702 line, it will likely meet a ceiling of resistance at the 702 and confirm the Bitcoin bear-market actually began on December 4th. I was hoping for at least a $75,000.00 BTC ATH this cycle, but despite those hopes I decided to rotate out of Bitcoin at the 702 line (before it plummeted on December 4th) and into an alt-coin with solid fundamentals that had not yet shown any parabolic momentum. Let the Bitcoin retracement and parabolic Alt-Market begin!
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo has been green for 19 days and the expansion is slightly decreasing (below 7%) but the uptrend sentiment of last week is no longer current, at least in the short term. A sideways bias is reinforced and there is no common agreement between the lines: indecision. We are back in the channel between two price structures and we are still approaching the Tenkan Weekly and moving away from the Kijun Weekly, where the sideways and downtrend sentiment remains.
The Kijun Trend indicator continues to indicate the search for long positions but the price has been below the Kijun for two candles and today it might return to indicate short positions.
Heikin-Ashi:
The Heikin-Ashi are always above the Kumo but they are always red since a week now and only today they present the maximum above the close, indicating a potential slowdown of the downtrend.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from historical high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 40200.00-40800.00 from Ichimoku Flat/Chikou Cusp areas
- 30300.00 from Ichimoku Flat/Cuspid Chikou areas
- 37000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 35000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 33500.00 by Ichimoku Flat/Cuspid areas of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
The BTC has stopped its ascent and is now in a sideways moment and in the price channel between 44500.00 and 41000.00 approx., the Kijun Trend Indicator could return to indicate the short if the price does not touch even with a spike the Kijun. From a fundamental point of view we have the evolution of the Russian-Ukrainian conflict.
Furthermore, referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the price is on the 50 period.
It is important to evaluate the closing of the week and during the week on the following price structures, with emphasis on the sideways momentum:
- Bullish: 46100.00-49100.00
- Bearish: 44650.00-45563.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Decreased
- Price of BTC: Decreased
- Expectation of Alt cycle: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
AergoAergo pump few days ago and corrected is and near support line and MA 200. One of the good low cap coin listed in all major exchange.
You can pick this coin for good profit.
You can also accumulate this coin for 3-5 years for mega big return
Trade Safely
DeFi Hype Play - CRVDear traders,
Intro: My name is Hugo, I am 25 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only.
The chart looks amazing IMO. The price action of Curve (CRV/BTC) has experienced a long consolidation period. Now, the range of consolidation is getting extremely tight. If this blasts through, I think it will be an extremely swift move.
If it rejects, I will be scaling some of my Bitcoin into this coin around 0.00004573 sats.
& here some for the FA guys:
Curve is a popular automated market maker (AMM) platform that offers a highly efficient way to exchange tokens while maintaining low fees and low slippage by only accommodating liquidity pools made up of similarly behaving assets. While this approach results in lower fees for the liquidity providers who supply the pools with tokens, Curve incentivizes their participation by integrating with external DeFi protocols and delivering rewards in the form of CRV tokens and interest.
Goodluck,
Doctor Hugo
Metaverse tokens like The Sandbox The shift seen the past couple of days are a trend where metaverse tokens are trending and the biggest one is the Sandbox metaverse where quite a few celebrities like Snoop Dogg and Steve Aoki have invested.
In this chart can we see the Sandbox breaking the downtrend and the price is in the higher KC as well as a stable upward trending RSI with a lot of gas left until the token is overbought. MACD is also showing signs of opening upwards as well and the signal line is crossing the MACD line.
On the four hourly chart can we also see that volume is increasing which pushes the price upwards.
Not financial advice.
BEPROO TO BLOW!!! usd Taking a look at Price action on the USD pair we can see that we are retesting a level from August 2020 acted as resistance and was broken out of again on February 2021.Then was back tested once as support in June 2021 on top of the short-term Daily Double bottom and is now being back tested again here in March and the month of February in 2022 with another short-term Daily Double bottom .Now we're seeing solid rejection continuation confirmation to the upside with weekly bullish Divergence on the macd indicator from a weekly perspective !! The asymmetry in terms of risk to reward is very lucrative
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
After weeks of uncertainty, Kumo has been green again for the last 5 days and is starting to gain strength (around 4.38%) and all the various lines are showing an uptrend, including the upward cut of Tenkan on Kijun and Chikou just above the past price. The Senkou Span B and the Kijun remain flat, confirming the laterality that is still present.
So the medium-term up-trend desire described last week was confirmed, the Kijun Trend Indicator always indicates uptrend.
Heikin-Ashi:
The Heikin-Ashi - which saw only one red candle last week - are this week out of Kumo and continue to present strong uptrend candles.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from historical high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 44400.00-45600.00 from Chikou Ichimoku Flat/Cuspid areas
- 40200.00-40800.00 from Ichimoku Flat/Cuspid Chikou areas
- 30300.00 from Ichimoku Flat/Cuspid Chikou areas
- 37000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 35000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 33500.00 by Ichimoku Flat/Cuspid areas of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is now on the 0.618 level.
Conclusion:
The BTC has confirmed the willingness to rise and this week in concert the Ichimoku lines confirm.
There are still some important price structures indicated by the flat areas and also - referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the fast average with the average one performed a Golden Cross and now the price is on the level of the 200, considered critical by many traders.
It is important to evaluate the close of the week and during the week on the following price structures, with emphasis on the sideways momentum:
- Bullish: 44650.00-45563.00
- Bearish: 44420.75
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased
- BTC dominance: Decreased
- Price of BTC: Increased
- Expectation of Alt cycle: Fast increase
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
XRP - Flag Reversal?Hi Everyone, been a while since I posted on here!
We see a potential flag forming on XRP. This could indicate a reversal is near, as the flag formed after bottoming out at 0.55c.
For now, I expect us to continue trading in this range/channel. The lower highs indicate that we are building up buying volume under the sell-wall/resistance zone at 0.86c.
Phoenix Ascending is looking bullish from a 1W timeframe.
Best Regards!
Bearish Alt Bat Visible On Gold's Monthly ChartThis is an update to the First Post I made on Gold's Bearish Alt-bat last year just to let you know that it is still in play and that it has just come back up to tap the PCZ a Second Time and this time on Greater Volume this looks like it could be the end and where Gold begins a Presumably Years Long retrace back to the zone between $1,129 and $718.80
If you want to see my original posting from last year on this Alt-Bat i have it on the related ideas section below.
FTM UpdateFTM jump 11% since my post yesterday, has potential to do more but can book quick swing profits here.
$Blok bloktopia metaverse project potential bottom moonBloktopia alpha is launching now, just tweeted out the alpha emails are going out 10 minutes ago. Lots of fud and naysayers have been on this project so now having this alpha launch finally happen is an interesting moment - for btc and the crypto markets in general it’s also great timing. If this is the bottom for btc then it’s certainly a bottom for bloktopia, here’s the tweet - twitter.com
NCASH (High Risk, High Reward)NCASH a low cap and liquidity coin, making it a high risk trade. I dont suggest buying big volume only small part. Chart shows it has great potential for pumps. Main reason im bringing this coin up is its team is trying to create fomo of a ''big announcement'' next work, check twitter link below. Worth holding until they announce has potential for 100%+.
Trade Safely
NAV/BTC (A high risk, high reward)NAV is a low cap coin, rank 950 and only has BTC pair. Price is essentially at its all time low, its a privacy coin. Although this looks like a shit coin, a big jump is due according to chart, we can target a 600-900 satoshi jump if it does. Their team is still active on twitter and RSI is showing a bullish divergence. Only buy with small part as the risk comes from the fear as theres potential of it being delisted.
Bitcoin Dominance - Elliot Waves count Sample Elliot wave structure count of the Bitcoin Dominance. Based on this rough estimate, we do not see any kinda alt-season run till mid summer June - July, now this is clearly no prediction on time since that cannot be predicted in any way, but this is a best-guess basis on the Elliot waves drawn out with the subwaves.
This would also subside with the fact that we would see BTC gain some dominance in the next few months as it makes it's retrace to the 0.786 level fibs from the ATH of BTC, at this moment we expect that once BTC makes that retracement, we enter the bear market and if the alts did not run during that phase, then it is when I will be considering dumping my bags as we enter long term bear market.
This is NOT financial advice, this is only my opinion.
Btc long-termHi everyone
I just want to say my strategy says,,,
If btc breaks this trend line it will probably go up
So that's not a simple trend line.thats sth special.
I didn't speaked about trend or funda or something else
I just want to say,if it brokes that i'll buy more (ada,doge,dot)it can also fail
Goodluck❤️
Alt-coin Market similar move to July 2021. 130% Pump Incoming? As you can see from the simple chart, the Alt-coin market just recently dipped below the 200ma and then recovered above it. It is a similar move to what happened last July 2021. After bouncing off the lower trend-line, we hope to see the price close above the 200. The last time this happened the Alt-coin market pumped 132% initially. More gains were recorded after a slight correction. Could this happen again?