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MID in Consolidation - Bullish Progression expected Hey guys, Yearly Chart is bullish, Quarterly forms an inside Bar at a critical stage - Since April I can see a Consolidation at the Yearly High of 2021 - between the marked area on the Mid Cap Index - SP400 - thus I have a neutral bias but I am a bit careful with going short from here. For a bearish szenario MID has to break below 2915 and print a bearish Chart Pattern. Everything else is a confirmation pattern for me at the moment. For a Bullish Progression I would like to see buyers stepping in now and giving a clean and neat entry on the lower time-frames to swing it up to the blue box - which is the most important level for me to watch at the moment… Ideally I will be buying on the 4h/2h Chart - but I will break it down once more to the hourly because of Risk- Reward. Thanks for reading.
SP:MID
by MeruEU
BTC: Will It Hold 60K?GM crypto bro's, this morning Fear and Greed is in the neutral zone at 47, and the Stoch RSI is nearing the midpoint towards the overbought area. Overall outlook remains the same: as long as BTC's price doesn't drop below 60K, the 64K retest target is still valid. However, with the weekend approaching, trading volume is decreasing and tends to be bearish. Let's see how the crypto whales decorate the market approaching the monthly candle close. Keep calm, always manage your risk, and that's it for today's crypto update. I'm Akki, one chart salute.
INDEX:BTCUSD
by x_Akki
BTC: 60K or 64K?GM, Fear and Greed is at 40 fear this morning and Stoch RSI is starting to exit the oversold area, but BTC's candle close yesterday on the 26th was quite bearish. My personal outlook remains the same: as long as BTC's price doesn't drop below 60K, the target retest of 64K is still valid. However, if it drops below 60K, the next target is the orange zone in the range of 56507 - 53046. Let's see how the market makers draw BTC's chart in the future. Keep calm, always manage your risk, and that's it for today's crypto update. I'm Akki, one chart salute.
INDEX:BTCUSD
by x_Akki
BTC Rebounds! Bullish Surge or Bearish Trap?GM, BTC is showing a bit of bullish momentum this morning. The Fear and Greed Index is at 46 fear, while the Stoch RSI is starting to exit the oversold zone, indicating a possible retest of the 64K area soon. However, the potential for a market dump isn't over. On the weekly timeframe, there's a chance for a double top pattern, which could drop BTC to the orange zone of 56507 - 53046, or in the worst case, to the red zone of 50553 - 48940. It's deep, but we must hope for the best and prepare for the worst in the market. Stay safe, keep calm, always manage your risk, and that's it for today's crypto update. I'm Akki, one chart salute.
INDEX:BTCUSD
by x_Akki
BTC Plummets to 60K: Time to Accumulate?GM crypto bro's, an intense bearish candle hit on the 24th, driving BTC straight to 60K. This morning, the Fear and Greed Index plunged to 30 fear, while the Stoch RSI has been dead in the oversold area for days. Now is the time to start accumulating BTC again. Altcoins are also an option, but it might be better to wait and see, especially with the monthly candle closing soon. Currently, BTC has the possibility to retest the orange zone, maybe around 63261 - 64846. The market is still very bearish, but be greedy when others are fearful and fearful when others are greedy. Again, don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update. I'm Akki, one chart salute.
INDEX:BTCUSD
by x_Akki
2
BTC Drop Alert: Potential Plunge to 60K!GM, yesterday's candle on the 23rd closed quite bearish, and this morning's open candle is outside the orange zone area, increasing the possibility of a deeper drop, maybe around 60184. This morning, the Fear and Greed Index dropped again to 51, while the Stoch RSI remains in the oversold zone. Considering the current conditions, it seems like the market maker will push BTC down until the Fear and Greed Index enters the fear zone. However, as we know, the market is dynamic, and a pump to the yellow zone could still happen. Again, don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update. I'm Akki, one chart salute.
INDEX:BTCUSD
by x_Akki
BTC Bullish Signs: Will It Retest 66K?GM, happy weekend! BTC's closing on the 22nd was slightly bullish, although not very strong. The stoch RSI this morning is still in the oversold zone, while the fear and greed index has risen to 55 (greed). Looking at the price action, the bearish double top pattern has reached its target. A retest of the yellow zone at 66332 - 68889 would be normal, and the potential for a drop to the red zone at 60184 is diminishing. My personal scenario for BTC is a retest of the yellow zone in the near future. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
Will BTC Hold Above 60K? Weekend InsightGM, the candle close on the 21st was still quite strongly bearish as I mentioned previously, causing the fear and greed index to drop to 53 with a neutral status this morning. The stoch RSI is still in the oversold area. In terms of price action, there is a small chance for BTC to continue its correction to the red zone around 60K. However, considering it's now the weekend, which typically has low volume, and there has been a lot of good news recently for BTC and ETH. My personal outlook is that BTC will remain bearish for now since the price is struggling to break through the orange zone at 64865 - 63261. Additionally, the fear and greed index has not yet reached the fear zone, but the market is dynamic. Let's see how the market makers paint the chart. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
Will BTC Drop to 63K? Weekend OutlookGM, BTC is still quite strongly bearish this morning after retesting the 66K area as I mentioned previously. This morning, the stoch RSI is still in the oversold area, while the fear and greed index has increased to 63, still in the greed zone. My personal outlook is that there's a big possibility for BTC to drop back to around 63K. While the chance for a deeper drop to the red zone at 60K is small, it can't be ruled out. Soon we'll be entering the weekend, which we know typically brings a bearish trend with low volume. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Pumping Slowly: Will It Test 66K?GM, BTC is starting to pump little by little this morning after a bearish close on the 19th. On the daily timeframe, the stoch RSI is still in the oversold zone, while the fear and greed index has dropped back to 60 from yesterday's 64, but it remains in the greed condition. On the H4 timeframe, I see potential for testing around 66K, as mentioned in yesterday's update. My prediction is there might be another drop around this area, considering the fear and greed index is still in the greed zone, which means market makers could dump it further until it enters the fear zone. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Enters Orange Zone: What's Next?GM crypto bro's, the candle on the 18th finally entered the orange zone area at 64865 - 63261 as I mentioned before. The stoch RSI remains in the oversold area, and the fear and greed index has dropped significantly from 71 to 64. Currently, BTC has the potential to pump up to 66K on the H4 timeframe, while on the daily it might reclaim the 68K area. But since we are nearing the end of the month and the weekend is approaching, there's a big possibility that it will just move sideways with a downtrend bias. With the fear and greed index at 64 (greed), the market makers might drop it further until it reaches the fear status, and then a massive big pump will happen. For those looking to scoop up altcoins, now is the time to start accumulating. Be greedy when others are fearful and fearful when others are greedy. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Correction Deepens: What’s Next?GM, the market has seen a significant correction today, including BTC. This morning, the fear and greed index is at 74 (greed), up from yesterday's 71. Meanwhile, the stoch RSI remains in the oversold area. Overall, the outlook remains the same as yesterday: there's still a probability of a dump into the 64865 - 63261 area, but always remember, the market is dynamic. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC Low Volume Bearish: Next Move Imminent?GM, this morning BTC is still showing low volume and is bearish on the H4 timeframe. The fear and greed index remains at 71 (greed), while the stoch RSI is still in the oversold area. My personal opinion remains the same as yesterday's: there may be a dump into the orange zone area at 64865 - 63261, followed by a pump breaking through the yellow zone towards the initial target of 76K. But always remember, the market is dynamic, and unexpected things can happen. In the market, it's a psychological game; impatient people will lose to the patient, but even the patient will lose to those who are more patient. As I always say, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
Weekend Low Volume: BTC's Next Move?GM, as usual, the market this weekend tends to have low volume. The stoch RSI is still in the oversold area, and the fear and greed index has decreased to 71 but remains in the greed zone. Technically, there's still a possibility for the price to dump into the orange zone area at 64865 - 63261, as mentioned before. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Weekend Woes: Pump or Dump Ahead?GM crypto bro's, sorry for no BTC update on the 14th due to busy real-life work. Alright, continuing with BTC, this morning it's still quite bearish. Yesterday's candle on the 14th was strongly bearish and almost entered the orange zone area at 64865 - 63261. However, the fear and greed index is at 74 (greed), while the stoch RSI has entered the oversold area. As usual, it's the weekend, which typically means low volume in the market. My personal opinion is there's a 60% chance for a pump without entering the orange zone area and a 40% chance for BTC to dump into that area. Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Next Move: Major Drop or Bullish Surge?GM crypto bro's, this morning's BTC close on the 12th was quite bullish but also faced significant rejection. From a technical analysis perspective, the stoch RSI has touched the oversold area, while the fear and greed index has decreased from 72 to 70. However, the fear and greed index status is still in the greed zone, indicating a big possibility for BTC to be dropped again by market makers. The potential drop might be around the orange zone of 64865 - 63261, as I mentioned earlier. But keep in mind, the market is dynamic, and even experienced people can fail in their predictions or technical analyses. Again, don't be FOMO, stay safe, keep calm, always manage your risks and as always, that's it for today's crypto update. I'm Akki, one chart, one vision.
INDEX:BTCUSD
by x_Akki
BTC's Double Top Validated: Is Another Drop Coming?GM, BTC's price really dropped as I warned days ago. The stoch RSI is dropping deeper and entering the oversold area, but the fear and greed index is still at 72 (greed). My personal outlook is that there might be one more drop for BTC because the double top is valid. The potential drop target is around 64865 - 63261. If the fear and greed index drops from greed to fear, that might be when the pump will happen again. For the pump, as I mentioned before, the target is around 76K. Again, don't be fomo, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC's Pattern Dilemma: Double Top or Cup and Handle?GM, BTC is still trending sideways today. The fear and greed index is currently at 74, up from yesterday's 72, while the stoch RSI has declined but hasn't yet entered the oversold area. BTC's price appears to be forming a double top pattern as mentioned yesterday. However, from another perspective, BTC also shows signs of forming a cup and handle pattern, which is a bullish pattern. If this pattern is valid, it increases the chances for BTC to pump to the 76K area. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
9
Paris Stock Exchange Set to Open Lower Amid Political UncertaintThe Paris Stock Exchange is expected to open lower on Monday following the European elections, which have raised concerns about the political landscape in Europe. The CAC 40 futures dropped 76.5 points to 7925 points at around 8:15 am, indicating a session start in the red. Markets are reacting to the rise of nationalist parties and French President Emmanuel Macron's announcement of the dissolution of the National Assembly and early legislative elections. If the far-right National Rally party wins, Macron could lose domestic control, adding uncertainty to the market. The CAC 40 dropped 2.4% at the open, leading European market losses, while the Frankfurt DAX and pan-European Stoxx 600 also retreated. The euro has dropped to its lowest level in nearly a month due to the political developments.
EURONEXT:PX1Short
by signalmastermind
BTC's Battle Continues: Break 71800 or Risk Double Top Drop?GM crypto bro's, the weekend is over, it's time to battle in the market again. The candle close on the 9th was slightly bullish, but if the price still can't break through 71800++, the double top pattern continues to threaten BTC with a deeper drop. The stoch RSI this morning is approaching the oversold area, and the fear and greed index has started to drop to 72 greed from yesterday's 75 greed. Let's see where the market makers will take the market. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Double Top Threat: Correction to 64K or Breakout Beyond 73K?GM, the weekend market today tends to be low volume. This morning, the stoch RSI is starting to head towards the oversold area, while the fear and greed index is at 75, indicating greed. Looking at the daily timeframe, there is potential for BTC to form a double top pattern. If this pattern is valid, it could lead to a correction down to the orange zone at 64846 - 63261. If this happens, it might push the fear and greed index into the fear zone. However, the possibility for a BTC pump is still there, as BTC has attempted to break through the 71K - 73K range more than three times and has failed so far. If it succeeds, price discovery will happen for BTC. Stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki
BTC Faces Strong Bearish Close: Drop to 67K Before a Pump to 76KGM, the candle close on the 7th this morning was quite strong bearish, plus we've entered the weekend where the market tends to be low volume. The stoch RSI has started to drop from the overbought area on the daily timeframe, and the fear and greed index is currently at 72, indicating greed. My personal outlook for BTC shows potential for another drop, maybe around the 67K - 66K area. However, there's still a possibility for a pump back up to the 76K area afterward. Don't be FOMO, stay safe, keep calm, always maintain your risk, and as always, that's all for today's crypto update. I'm Akki, signing off with one chart.
INDEX:BTCUSD
by x_Akki