USDT DOMININCE 4 HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
My previous USDT DOMINANCE has been invalidated now It is having 21MA as resistance let, see how the 12 hours candle closes if it closes downside the 21MA then we expect a drop up to 3.65.
What's your thought on this?
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Bullmarkets
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE is making a bearish triple top pattern expecting to come around 3.65%.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
USDT DOMINANCE is rejected from this blue line of resistance
now the support is around 3.65%.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Too close to bottom !! - ETH/USDTThe reversal we had seen it's not a strong reversal in my opinion, I have two reasons to prove :
1) The volume : It's not high enough to break that resistance
2) The reversal candlestick pattern formed at $2152 is not a strong indication for trend reversal .... cause the formation is not sufficient to say it as bullish piercing pattern nor morning star and more over you can call it as hammer but it's not formed at the lowest low to consider it as strong bullish reversal and I can validate it only iff high volume comes into play.
As of now bulls unable to hold it slowly the momentum is changing towards bears, it's not perfect bottom to be called out...i once again need to validate this
To validate this i consider two scenarios :
1) if high volume comes into play there is chance of flipping the resistance to support which will be a good indication that bulls are taking lead
2) Even if it comes down.....if it responds to it's previous low support and bounce with high volume
As of now $1738 is likely to be the next support and also crucial one which also may be the bottom......All we want is high volume.
Big Update on BTC bull market!!SEE the chart i posted , it's a weekly chart and you know i am going to talk about this in 3 days!! it's too early too talk right but as of now the scenario is good ....it's a doji very very strong trend reversal indication according to Japanese candle stick patterns, but let us wait till the candle got completed.
TOTAL 1D UPDATE Welcome to this quick update, everyone.
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I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart TOAL is trending around this channel and from the same downer support line now we are expecting a bounce from the support level
let's see how the daily candle closes.
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Thank you
USDT DOMINANCE 12 HOURS UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
Welcome to this USDT DOMINANCE update. MY previous chart of USDT DOMINANCE in which I mentioned a bullish flag scenario got invalidated.
Now, as we see in the chart that USDT DOMINANCE break out a very important support I expect that if it will broke out the 100MA then I am full bearish on it as I in Privous.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart USDT DOMINANCE brake out important support and all ready retest it no expecting it to come around 4%
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
USDT DOMININCE 4HOUR UPDATE Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
As we can see in the chart USDT DOMINANCE brake out an important support and all ready retest it no expecting it to come around 4%
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
Bitcoin - Watching for evidence of a bottom.Bottom Line : Watching for evidence of a bottom.
Outlook : We're weighing the possibility wave 2 may have ended at the $ 39650 low. Advancing above 47532.89 would bolster the bullish case.
Analysis : We're considering the possibility the recent wave ((2)) correction (below) ended at yesterday's $ 41126 low, but as always we like key level confirmation. That would depend on Bitcoin's ability to continue the current advance towards a break of the $ 44453.22 high.
Disclaimer : Prices can vary between BITCOIN exchanges. Consequently, there may be differences in our chart prices due to different data sets. The analysis information is for reference only and does not constitute an investment recommendation. We recommend that people avoid trading on unproven exchanges vulnerable to hacking and theft.
The Economist - Brazil Edition - Market TOPS and BOTTOMSThe Economist - Brazil takes off
(Nov 14th 2009 edition)
The Economist - The betrayal of Brazil
(Apr 23rd 2016 edition)
The Economist - Brazil’s dismal decade
(Jun 5th 2021 edition)
If this isn't an indication to get long Brazilian equities, I don't know what is.
Never confuse education with intelligence. You can have a Ph.D. and still be an idiot!
Market Update - BULLISH! - And how I trade levels in a downtrendIn this video:
* A quick review of the current market sentiment
* I am bullish!
* Everything is moving as expected
* I review and instruct on a more advanced trading technique/strategy - How to trade levels in a correcting or bearish market?
* You can make gainz by going long in a bear trend!
Happy New Year Traders!
BTC broke the channel up to the downside as i said last Dayafter a huge drop last night on BTC, now the situation is clear thats Bitcoin cant push higher than 52000$ thats why it correct the price to find the support and some new volume, now we have 2 levels to buy on, 48000$ last S/R or another dump to 45000$ and its will be the best point to enter. im still bullish on BTC and there's no bear market but this is the psychologie of the crypto, you have no power to go up so you'll go down. Manage you Risk and take care of your money.
SOL/ETH about to explode againOne strategy to increase profits and trading efficiently is finding and trading coins that outperform ETH and give your time for analysis only for this coins. If they don't gain against ETH at some point it is not worth (even if you have great news or fundamentals) exchanging your ETH, the mother of Altcoins, into any other coin.
Now, if the coin outperforms ETH or even oscillates against it, you can take advantage of this and try to get the best of them by outperforming ETH, and of course BTC.
Check:
* AVAX
* EGLD
* SOL
* MATIC
* BNB
or even DOT and ADA as oscillators
Great options there...
"Trade carefully and Efficiently"
BNB very Bullish, but short term bearish BNB is of great value, against ETH and BTC charts is working so well. Plus is reaching the bull band (SMA 21 and EMA 20) to find support and keep going from there completing the big bull flag.
One of the best Bullish scenarios I've seen! (if it holds)
Has been working out for us in our previews analysis
Matic, realizing profits is great!Matic reached our targets and its consolidating inside the channel again, according to the previous idea will be there for quite some time.
BTC shoulder head shoulder 12HMonday in a very agitated way, we recommend careful investment at this time.
Bitcoin may have finished its shoulder head shoulder formation with a target projection between 42k, it all depends on holding 46.5k. The LSR is high "2,56",
all indicated for a major.
Buying point that we're going to be interested in is between 44k to 42k with fractional orders,
To invalidate the shoulder head shoulder we need to stay above 48.6k and maintain it.
** What is a OCO (shoulder head shoulder)? **
The market forms a first top and returns the base line which will be called the neck line.
From that point onwards, a rally occurs surpassing the previous top and forming the head, until that moment the market
he the continuation of the rise. Prices, from the head, return once more to the neck line and go back up again,
giving rise to the second shoulder with a size very similar to the first. The OCO is formed.
Are we still in a Bull Market or has Bear Market started now?This post is no guarantee. It is purely my opinion based on clear facts and indicators. I will show how the probabilities stand and than in the end you can create your own opinion.
Alright, lets get started:
1/
If 69K was the top it would be the first cycle peak without:
- Price hitting 1 fib curve
- DRSI reaching red area
- StochRSI reaching white zone
- VRI reaching white zone
--> Therefore probabilities are in favor of the Bull Market still being on!
2/
Let's focus on the red circle quickly, because that's where we currently are imo. 2013 & 2021 are pretty similar because both had mid cycle peaks & lows.
For the red circle in both cycles (2013 & 2021) the following is true (so far):
- PA: resistance at .5 fib curve
- DRSI: RSI resistance at middle band
- StochRSI: momentum slowed down
- RVI: Pointed downwards
2.1/
The logical conclusion:
We have Confirmation for Bullish Continuation once:
- PA: 2W closes above .5fib curve
- DRSI: RSI crosses above middle band
- StochRSI: Momentum shifts bullish
- RVI: Points upwards again.
Once all 4 points become reality, chances are high to reach 1fib curve.
If nothing happens Bear Market is likelier.
Big credits to @TechDev_52 !
It's his original work that inspired me to dig deeper!
Hope you enjoyed it!
Make sure to follow me on Twitter as I'm very active there!
Take Care
Valerio
Silver Will have one more leg down before exploding higher
Hey guys, Silver recently broke its big down trend and is starting to look like it will start bulling hard. But If you have looked back in the past 9 years silver seems to have some strong seasonality bulling around the end of November to start of December period so I believe we will see some weakness over the next two weeks build the rest of this possible head and shoulders before the bull run starts. Also backing this is my view on the US100 will fall after earnings and Silver and the US100 track quite well at times and when the Us100 declines silver either leads and is a great signal for shorts or follows I touch on this on my first short against the US100.