BRIEFING Week #17 : March PCE as Game Changer ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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Crypto-trading
"Everything is under control, sound correction."Hello Crypto community! Whenever a large red candle appears, fears arise and the ghost of (we're going to zero) becomes relevant. Well, for that we have various technical and fundamental tools that help us in the difficult task of trading.
We see in the daily BTC chart a price rejection zone between 30k and 31k, which could be due to bull exhaustion, short selling orders, and profit-taking from those who bought at 20k and 25k. The support levels to consider are:
26621 K
25267 K
23914 K
This is not investment advice, happy trading and profits!
BITCOIN Strong Uptrend! Buy!
Hello,Traders!
BITCOIN is trading in a
Strong uptrend and the coin
Went up nicely after the breakout
Just as I predicted before
And now we are seeing a local
Correction to retest the
Demand cluster below
From where I think the
Growth will continue
Buy!
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Check out other forecasts below too!
The macro #btc #btcstarburst BULL…When bitcoin breaks above the light blue line will it continue to ladder up the scale… and hold find support and resistance on every EMA like some random coincidence. And then will it finally break through the 32K mark and create the start of a bull market. When this occurs, I would expect a pullback obviously like most people add the 45K possibly 50 to create a massive cup and handle but I have been calling for this since a year. Ironically Gann, study plays out, regardless of news, FUDD, faults in API , technology and catastrophic events. DCA Safely A gann study
BRIEFING Week #16 : Mixed Signals all Accross the BoardHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Bitcoin Faces Key Resistance: A Market Shift on the Horizon?As previously noted, Bitcoin has hit a resistance area, causing the price to pause. Numerous indicators point to a highly overbought market, potentially leading to a price decline. The closest liquidity zone is highlighted in purple. I remain in long positions, but my indicators might soon prompt me to exit. I'm undecided about opening a short position, but should I proceed, the risk would be minimal, constituting only 0.4% of my capital.
ARB : TREND VIEWOn a lower time frame, ARB is displaying a significant pattern that could potentially confirm a breakout. We will continue to monitor the situation in the upcoming time to determine if ARB is able to reach new levels of growth.
It's important to note that an increase in views and an upward trend does not necessarily guarantee an increase in value. These indicators simply highlight the growing interest in the coin, which could potentially pave the way for a trend to develop at a later time.
Its always important to have the right risk management.
January BTC Analysis is playing out nicely so far for bulls.
If this monthly can close above the 27k handle, it will signal a very strong position for bulls. If you are unaware of how important January price action is, check out this nifty chart I made. Also listen to the streams we did at the beginning of February to hear some rants about it. The pink arrow is showing the current upside piercing attempt. The green arrows show the previous instances. The tables on the bottom show performance of all piercings, up and down. We are at the cusp of flipping into a bullish regime for crypto. Lets keep that popcorn out and see if they can confirm it on the highest of time frames.
Happy trading!
BRIEFING Week #15 : ETH Shapella & FOMC MinutesHere's your weekly update ! Brought to you each weekend with years of track-record history..
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The Rise of BTC Dominance: A Key Indicator for Crypto Market!BTC dominance is a crucial metric for understanding the overall health of the crypto market. As of April 11th, 2023, BTC dominance stands at 48.5%, a significant increase from its November 2022 low of 27.9%. Analysts have set a target of 60% for BTC dominance, and with its steady increase over the past few months, it's a real possibility.
Technical indicators are also showing a bullish signal, with the 20-EMA and 50-EMA above the current BTC price. The asset's volume is up by almost 30%, while the overall cryptocurrency market cap now stands at $1.21 trillion.
As BTC dominance continues to rise, altcoins could face devaluation. Keep an eye on BTC dominance to understand the current state of the crypto market.
Ethereum Surges Above Key Resistance Level: Bulls in Control?Ethereum (ETH) has recently seen a decent increase in price, breaking above the $1,750 resistance level and continuing to rally higher. The bulls successfully broke through the $1,860 resistance level, which has now become a support level for the altcoin. ETH has set a new multi-month high of $1,944, but some warning signals are being demonstrated by the RSI. However, the price is still clearing the $1,800 resistance level on the daily chart.
The overhead price ceiling for ETH is currently set at $1,930, but the ultimate goal for the bulls is to break the $2,000 mark. Nevertheless, analysts are warning that there may be heightened selling pressure within the next few weeks due to the over 1.1 million ETH being awarded to validators and available for immediate withdrawal after the Shanghai Upgrade (April 12).
Overall, ETH is currently in a bullish trend and traders should keep an eye on the support and resistance levels mentioned above, as well as any potential news or updates regarding the Shanghai Upgrade. Happy trading!
The Greatest BTC MAP #btcstarbustThe map is over a year old and the support resistance levels have only provided strategies. It has given levels of potential bottoms and exact downtrend/uptrend moments it has shown targeted gaps to be filled… it uses shown all the resistance before it has happened regardless of money, movement and rsi levels… The map will even show local tops and bottoms… it will continue on.. A Gann study DCA safely
TREND VIEW THAT SHOWS BREAKOUT 200% POSSIBLITY FOR LINALina shows a good possibility of breakout the coming time.
The high time frame expected target could be 200% range.
At this moment as the trend shows LINA showing an interesting trend pattern.
We will follow to see if this pattern will get confirmed as the trend shows.
There is no guarantee that the market will increase by 200%, but the possibility is high.
The crypto and hype news shows at this moment that the doge is interesting, but the TA study patterns show Lina is more interesting.
¡¡Lots of liquidity below and bulls waiting for a big drop!!Hello crypto community! The bullish outlook is present after the monthly close above 28k. The healthiest thing for the price and the movement itself is to retest the level between 24.5k and 26k as support to find the necessary liquidity to break through 28.8k and go in search of the 34k target. Although the price remains above 28k with some spikes below, we see a clear bearish divergence on the daily chart which is totally normal after the rise from 19.5k. Level representing the shoulder of a bullish reversal HCH. At some point, the price is going to have a strong fall and it will find a lot of liquidity that will create a strike in the daily candle. It is only a matter of being attentive and patient for this movement to occur and not be tempted by market noise when the price is lateralizing. This is not investment advice, good trades and profits!!
BRIEFING Week #14 : Shapella Ahead & OilHere's your weekly update ! Brought to you each weekend with years of track-record history..
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