CRYPTO INDEX - We will see a pullback before the rally ⁉️💎The Crypto Index is starting to look bullish as higher lows and higher highs pattern is already in place on lower timeframes. At the same time, we can see the break above the 225,500 resistance area, which has now become the demand zone.
💎The upside breakout should invite buyers, although ..............
Cryptoindex
Crypto 30 index: huge resistance lineExpected rebound to 19,000 but there was an important bearish move on the long-term resistance level. If the price doesn't go beyond 19,000 there will be a huge correction on cryptos again. This index tracks the top 30 cryptos based on market cap. It's getting more and more popular as a breath indicator of the crypto market. We don't own cryptos right now expecting a new bearish move, that is waiting for a good buy-and-hold opportunity, so far incoming inflation and intervention by the Fed pose a tremendous risk on cryptos as well as stocks. March could be another volatile month for cryptos.
CIX (CRYPTO INDEX) BUYCIX (CRYPTO INDEX) BUY, It gets better with time. You begin to foresee the future, this is one of those very big opportunities to choose from.
Crypto IndexTotal crypto market cap analysis is very useful four major cryptocurrencies and real scenario of future in the crypto world so look it carefully, it have measured trendlines and measure support and resistance levels I have no money to do trades but I have something to give people which is my learnings.
Fibo levels of BITCOINbutterfly harmonic pattern:
AB=0.78 XA
BC=0.88 AB
1.41 BC=$22693
1.13 XA=$24140
*1.6 BC=$29559
*1.27 XA=$31172
1.41 XA=$39965
2 BC=$48030
1.6 XA=$58119
*2.24 BC=$65158 *final target of butterfly*
2.6 BC=$105338
2 XA=$115615
2.24 XA=$178104
2.6 XA=$351756
3.6 BC=$375383
4.23 BC=$823272
end of E wave is near to start the 3rd waverising channel seems a bearish pattern with $24K target but since it is in the bottom of the big pattern it could be bullish. the 3rd wave could start from these prices and reverse at $420 with crab harmonic pattern.
Fibo levels:
1.6 BC=$31146
2 BC=$51178
1.6 XA=$62000
2.24 BC=$69917
2.6 BC=$114287
2 XA=$125288
2.24 XA=$194848
2.6 XA=$390000
3.6 BC=$420000
Crypto break before ATHCAPITALCOM:CIX So we did get a double top, and a swift in the momentum, to the upside.
If we take a look at the ATR for each day, we can clearly see that the last 3 days (red dots) we did close red, but also the ATR, did increase, and that kinda intresstring...
What we also can see, is that we got a swing to the upside for 28,63 %, if we look at the (swing number one) that was an 28,28% swing, after that we got a downswing for 21,95 %, and after that 12 days consolidation, before going even lower.
Will we find support at the green box, consolidate for some days, and get a new swing low, before moving up to ATH?
What is happening on BITCOIN?after the breakout of 65K, the greed increased in the market with new ATH. 65K was 1.6 XA and an important Fibo level. but why the momentum of BITCOIN didn't increase and rejected from 69K. it was because of the 2.24 BC Fibo level. Since Bitcoin is a butterfly, 69K could be a massive resistance and could crash to 25K. but the situation of the pitchforks makes hope that BITCOIN transform into a crab and surges to 2.6 and maybe 3.6 FIBO levels.
Cryptoindex.com (CIX100) is in more than 100 days consolidationLooks like Cryptoindex.com 100 (CIX100) is ready for trend reversal. I am expecting 300% return after CIX100 gives breakout from more than 100 days long consolidation. It may move side ways for couple of weeks before breakout, be patient.
NASDAQ CRYPTO INDEX AnalysisThe NASDAQ Crypto Index has broken its neckline resistance on higher time frames (1D) and is currently holding above it with more than decent strength.
The cup and handle pattern that could be starting to form after this breakout is probably the most significant indicator of what we can expect from the market in the next 3-4 months.
If we see successful neckline support (previously resistance), the market would be sending the confirmation institutional investors are waiting for before entering significant long positions for BTC, ETH, and other large-cap alts, which would be the cause for a definite ATH break.
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Best Regards, iSmashProfit™
double combination or triple combinationBitcoin could break out the 45.2K with a double combination or retest 39K with a triple combination. the market could be extremely bloody for the short term and slide to 34.8K or 31K and even 24K after bitcoin touches 48K or 54K. I'm extremely bullish on Bitcoin after this scenario happened.
$CVP is a Hidden Gem fueling for launch! @SmileyTradesHello Traders!
I have been following this project for some time and am amazed at the technology behind it (Smart Portfolio tech, Dynamic Automated Market Making, Meta-Governance, etc.) so when price starts to confirm the same feelings I have about the fundamentals, it's GAME ON!
Holding above this Bullish Order Block is definitely going to be a good sign. It would confirm target ranges of $1.94 - $2.22 for the Micro and $2.58 - $3.01 on the Macro. Breaking above $3.33 with strong volume would be huge as it would break the Bearish market structure.
I encourage all of you to research this project and get in on the project before it goes 100x!
Now let's Price do the talking ;)
Happy Trading, always manage risk.
Quality in trading is the ability to react to one's own psyche
CRYPTO INDEX ANALYSIS!After an aggressive bullish rally the CIX needs a consolidation. We recognize that the ascending trend line is now broken and its probable that the chart will fall to its previous high which was a resistance and now becomes a support for the chart.
Meanwhile the Fibonacci 0.5 line is considered to be the next supporting force for the chart which is matched to the previous high and the RSI indicator is in the "over-sold" area. These factors combine means that the end of the bearish trend is near.
But the tweets from Elon musk and other crypto magnates should play a crucial role in this volatile time of the market!
DEFI Crypto INDEX 11th DecHi
here we have analyzed the DEFI which is the decentralized financials index which is acting like and index to the altcoins world
here we can simply see the downtrend in our price action analysis
it means we have chances of falling the main coins or top 15 coins in few days and then it is the right time to buy them and wait for their rally back up to the highest points
please mention your analysis in the comment section so we can have a better understanding of each other and trade together
thanks