Get started

Moovingaverages

Altcoins Leading the charge while BTC plays catch-up!Is everything we’ve learned about BTC leading the way while altcoins lag behind a lie? Could altcoins be the secret service agent, sent from the future to show us the direction BTC will take? And did the moon landing really ever happen? On a more serious note, I noticed an interesting pattern when comparing the altcoin market cap to BTC’s market cap. Recently, it seems like altcoins have been leading the way, particularly when we observe how they’ve retraced to the moving average (MA) lines. On a weekly timeframe, altcoins hit the 20MA line, with BTC following suit three weeks later. Altcoins then proceeded to reach the 50MA line, and BTC followed five weeks later. Now, altcoins have hit the 200MA line and seem to be finding support there. At the same time, the BTC Dominance chart is facing significant resistance, suggesting a potential trend shift in dominance between alts and btc soon. This could align well with the observed pattern. While the next move for altcoins is uncertain, BTC may still need to drop and hit the 200MA line to continue following this trend. The $44k area is also a critical zone where multiple former trend lines converge, potentially providing strong support and an opportunity for BTC to gather the liquidity it needs to resume its path toward $100k. Take a look at some of my previous BTC analysis charts to see what i'm talking about here and why the 44k area might be a good short term target. Thanks for reading, good luck trading and make sure to follow for more! X: @PuppyNakamoto
CRYPTOCAP:TOTAL3
by WOLFofBlockStreet
2
Bitcoin eyes 44 000 $ - Death cross signals larger correctionBitcoin is currently targeting the $44,000 level, a key area where multiple former support lines converge and where the 1.618 fibonacci retracement target is. This level also aligns with the potential completion of Elliott Wave 4, setting the stage for a possible upward push. The recent Death Cross—where the 50-day moving average crosses below the 200-day moving average—signals a larger correction may be underway. Historically, this pattern has often preceded significant market downturns. However, the $44,000 zone could serve as a critical support level, possibly marking the end of the correction. If BTC holds this level and completes Elliott Wave 4, we could see the beginning of a new bullish wave, potentially pushing the price toward the $100,000 mark. While the current outlook is cautious, the long-term potential for Bitcoin remains strong in my opinion. Here are three reasons why the scenario of Bitcoin reaching $44,000 before a push toward $100,000 might unfold: Macro-Economic Uncertainty: Bitcoin's short-term outlook is influenced by macroeconomic factors like rising interest rates, a stronger U.S. dollar, and global recession fears. These elements could reduce demand for riskier assets, potentially leading to a price decline despite Bitcoin's long-term potential. Strong Support at $44,000: This level is significant due to the convergence of several former support lines, making it a likely area for buyers to step in and stabilize the price, potentially marking the end of Elliott Wave 4. Fundamental Drivers: Despite short-term bearish signals, the long-term fundamentals for Bitcoin—such as increasing institutional adoption, limited supply, and inflation concerns—remain strong. These factors could fuel a rapid recovery and push BTC to new all-time highs after the correction. Thanks for reading and make sure to follow as I post more charts weekly! X:@PuppyNakamoto BINANCE:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD BINANCE:BTCUSD KRAKEN:BTCUSD BITFINEX:BTCUSD
COINBASE:BTCUSDShort
by WOLFofBlockStreet
2
BTC at Risk - Death Cross Signals Potential Drop!Welcome to another analysis, where I dive into the latest developments with BTC and explore the potential paths ahead. I'm becoming increasingly bearish on BTC following the confirmation of a "Death Cross," where the 20- and 50-day moving averages have crossed below the 200-day moving average. This pattern is often seen as a strong indicator of a bearish reversal and the start of a new downward trend. Historically, when we experienced a "Death Cross" in January 2022, BTC dropped from $50,000 to $15,000 per coin. While there have been instances where BTC recovered after a Death Cross, given the current pattern of lower highs and lower lows, coupled with the ongoing uncertainty and volatility in the stock market, I believe the bearish scenario is the most likely outcome. Although I'm long-term bullish on BTC, it might be time for the cryptocurrency to take a breather, potentially allowing altcoins to take the spotlight! Be sure to follow for more updates like this! I also post daily on X: @PuppyNakamoto. Thanks for reading, and good luck with your trading! BITFINEX:BTCUSD KRAKEN:BTCUSD BINANCE:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD BINANCE:BTCUSDT
BITSTAMP:BTCUSDShort
by WOLFofBlockStreet
9
Be careful with BTC here..Even tho BTC is up 10% today I would'nt get my hopes all the way up just yet. Something interesting is happening here.. History shows: every time 20 & 50MA line crossed the 200MA line to the downside in the past, BTC went into a full on bear market. 20 & 50 MA is still just above 200MA, but a cross to the downside could give confirmation we need for a bearish trend. A good short opportunity in my opinion is therefore a trade with entry at the 200 day mooving average. Stop loss can be placed above 20 & 50 MA or above the decending channel top if you want to give the market more room.. It's a trade worth taking even tho we could break the ressistance and go into price discovery aswell. A short term target would be a test of the support we had at 56 500 and a intra- day target would be at the low end of the channel at about 50-52k. Make sure to follow me on X for more weekly updates: @PuppyNakamoto Our wolf pack are hunting for profits, one block at a time..🐺 BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSD KRAKEN:BTCUSD BITFINEX:BTCUSD
COINBASE:BTCUSDShort
by WOLFofBlockStreet
Intraday Bullish Momentum swingThis is a follow up and actual trade taken by myself. I placed a short term buy today at 10:30A.M on AUDUSD simply because lower lows ceased being formed at a key support level. After a strong bullish correction trendline was broken then on the 4Hour the 8Moving Average crossed to the upside of the 21SMA. that's relevant because it lags behind price. The 1 hour provided some reversal signals at a clear support and the trade was essentially taken based on pure candlestick analysis. I love trading reversal candlesticks on top of support. Especially after a market gap on Sunday. I believe a potential inverted head and shoulders is on the way after price failed to make a lower swing low and is now attempting to create a new swing high. Potential short term up trend beginning with indecision candles then a bullish engulfing on top of a weekly support.
Long
by DesharedPierreJr.
Regresioned EW BNC Index technical analysisNothing special here, just calculated regression (Not manually drawed one of red and green line) + some EW´s + MA´s application which seems to be strong to use from long term analysis and mid/long term smart spot trading with reduced risks and still big profits www.tradingview.com The best is in my opinion yet to come ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
BNC:BLXLong
by Anoinvest
1
XLM golden cross soon on 1hHello everyone, nothing serious here. I just thought you might like to know that XLM MA100 is about to cross MA200 very soon if you didn´t nottice. Im huge XLM long term fan if you don´t know :) ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only. KEYWORDS trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
Long
by Anoinvest
7