Cryoto
BTC/USDT weekly analysis in 13th/Feb/2022Hi, crypto traders.
Last week, the candle continued to go up and broke 1st target: 60MA and 44,500USD to the upper side.
But after reaching 45,800USD, the price started to go down and already broke 5MA and 60MA to the lower side.
Now the sequential order is as follows.
100MA (black) > 60MA (green) > 5MA (red) > the candle > 20MA (blue).
If the candle goes up and breaks 5MA and 60MA to the upper side again, the trend will be uptrend.
On the other hand, if the candle goes down and breaks 20MA to the lowr side, the trend will be downtrend.
We shoud watch the next move carefully this week.
Target points next week are as follows.
==Target Points==
◇BTC goes up:
– 1st target: 43,000-44,000USD (Cross-point with 5MA & 60MA)
– 2nd target: 45,800USD (The highest price in 10th/Feb/2022)
– 3rd target: 48,000USD (Cross-point with 100MA)
◇BTC goes down:
– 1st target: 40,000-41,000USD (Cross-point with 20MA)
– 2nd target: 32,900USD (The lowest price in 24th/Jan/2022)
– 3rd target: 30,000USD (A nice round number)
Enjoy your trading.
BTC/USDT weekly analysis in 30th/Jan/2022Hi, crypto traders.
The price broke 34,000USD again and went down continuously. But after reaching 32,900USD, it bounced and already broke 5MA to the upper side.
Now the sequential order is as follows.
100MA (black) > 60MA (green) > 20MA (blue) > the candle > 5MA (red).
The trend is still downtrend, but if the candle breaks 20MA to the upper side clearly, we can see the target 44,500USD. Conversely, if the price breaks 5MA to the lower side again, the trend will be a strong downtrend again.
Target points next week are as follows.
==Target Points==
◇BTC goes up:
– 1st target: 39,000-40,000USD (Cross-point with 20MA, A nice round number)
– 2nd target: 44,500USD (the highest price in 13th/Jan/2022)
– 3rd target: 45,000-46,000USD (Cross-point with 60MA)
◇BTC goes down:
– 1st target: 37,000-37,500USD (Cross-point with 5MA)
– 2nd target: 32,900USD (the lowest price in 24th/Jan/2022)
– 3rd target: 30,000USD (A nice round number)
Enjoy your trading.
BTC IDEA #BTCUSD In my last post I suggested how I anticipated for us to see a reversal back into our 37.5/38k support (now resistance) Currently this is what is happening. That being said we could push all the way back to 40k. Very possible scenario.
What im currently waiting for is to see a few 4H candle closes with bearish sentiment (ie wicks to the top). This will suggest to me buyers are exhausted. Ill then be scaling down to the lower time frame to look for entries. Double top followed by a break of the high low, retest of the break out level and then sells.
Lets watch and see
Long Position - 4 hourHi friends,
In this analysis, a trading setup based on price action is given.
The analysis is completely based on technical analysis and no fundamental information and macroeconomics are included in this analysis, so it is critical to putting the stop loss.
In other words, the analysis may fail due to the general market conditions or the bad crypto news or excitement of the market.
Warning 1: Maximum suggested leverage = 2
Warning 2: In an side market, trades can usually fail.
Warning 3: The approach of the new year can increase the excitement in trading.
Warning 4: It is not a financial advise and it is only my personal opinion.
I wish good profits for everyone
Setup Specifications:
EP: 11.84
TP: 14.68
SL: 11.43
R3: 6.93
Bitcoin Above 50k Once AgainAfter a brutal few weeks where we saw BTC drop as much as 39%, it's nice to see Bitcoin above 50k again. I strongly believe we're still in a bull market, and we're about to enter a new phase.
In terms of the current price action, the major support levels are at 50,200 and 41,000, indicated by the green line.
ETH Holding Support For Now!These geometric lines need to hold in order to avoid more short-term selling.
So far we have put in a higher low but we need to establish a higher high before bullish price action continues.
Resistance lines are clearly delineated.
The ball is in your court ETH!
Btw... I am still bullish on the longer time frames.
Binance: SUPER-USDT Buy / Long 1D
Binance: SUPER-USDT Buy / Long 1D
SUPER-USDT uptrend D1
Entry : 1.8$-1.85$
Stoploss: 1D close below 1.45$
Target : 2.7$
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128MA will meet the lower band of Ichikumo cloud around 53kI don't like to see BTC below 58k however If we want to put our emotions aside and be rational we need to look at good indicators. For BTC, 128MA and Ichikumo cloud work very well.
I speculate that The lower band of Ichikumo will meet 128MA and we'll bounce from there.
The same scenario happened before if you look closely. Happy trading.
CRYPTO MC vs AAPL MC Ration M chart Macro viewCRYPTO MC vs AAPL MC Ration M chart Macro view
Crypto is currently 2.7T and APPL is at 2.42T
At the peak of 2017, the ratio was 1.03. Now crypto is back to the same ratio at 1.03
The 1.03 is the macro resistance against AAPL mc .
This means 1.03 could be the next crypto bear market sprt during the next crypto winter.
This also implies that there is a good probability once crypto breaks out above 1.03 resistance, It will not drop below 850B in the next bear market as AAPL mc would have to drop to 850B to match the ~1:1 ratio, which is very unlikely. AAPL will not see 850B any time soon
If CRYPTO breaks out, the immediate resistance is 3.5-4.5( or 3.5-4.5 times the AAPL MC ).
3.52.42T=8.47T
4.52.42T=10.89T
Therefore, one could expect on the next crypto breakout, the TMC to worth 8.47-10.89T.
If breaks out fails, the macro trendline sprt will start at 0.37 ( or 0.37 of AAPL mc )
ROBOTRADER ETH BUY OVERSOLD AT 3900, Last chance???Buy ETH as Wall Street is shorting the futures to scoop up physical off crypto exchanges. Investory is crashing, ETH will be $10K and people will wonder why...
Top next day opicks in order of preference:
ETH - oversold at support, accumulation by banksters who monkey with shorting futures to buy physical
BTC, anticipating break out back $59-65 violent, everyone eager to buy the dip. The Pullback was it. This is crypto, it's the value of the dollar that's crashing!
DOGE - Don't bet against Elon Musk. Takes 10% of SpaceX and backs DOGE with it. It could happen!
SHIB - Mega pump - you need 10% of this one but it;'s toppy here at 6000, of crypto turns bearish, SHIB Futures will pop up at the CME for a nice short session with the wolves.
XRP/USDTXRP/USDT
1D/4H Chart
XRP grinding upwards as it had a CHoCH creating new HH and HL on the daily. Corrected into the golden fib respecting the new uptrend.
On the 4H price couldn’t maintain intermediate trend line, had a higher low but seems to be forming a LH which would looking to start a temporary downtrend on the LTF (lower time frame). From the start of the impulse move the price has corrected into the golden fib again with nice rejection pinball candles on the 4H. Based on other ALT charts if this continues id expect to see a falling wedge pattern occur into the trend before seeing a breakout to the further upside but this is just a general idea based on other charts I’ve seen.
ETHUSD💲Follow Bitcoin?❗ETH break the resistance and now trading above it. ETH need to hold above $3600 to get some upward momentum. The support level remains the same. The next resistance area is $3850-$3900 and major resistance is $4200-$4300 area. Overall market looks good.
Have a nice trade!
Your Solldy.