Hi I hope you all are in a constant profit. DXY on a weekly time frame is creating an exciting chart. As you can see, if a weekly candle closes above 94.54, a significant accumulation phase is confirmed. On the other hand, the BEXP Indicator indicates HVP is reducing and has a downtrend, so a big explosion in this scale is baking. The interesting part is the...
Hi I hope you all are in a constant profit. Bitcoin on 1D time-frame is in a range between ($57500~$58500) and $63700. According to the BEXP indicator in the 1D time-frame, Bitcoin is about to explode very soon on this scale. So we can judge the breakouts with this range so: If a Daily candle closes above $64000, $66000 would likely be tested (and maybe a...
Bitcoin (BTC) Long-term & Mid-term Analysis As you can see Bitcoin tested Weekly support and EMA21 and so far a not-so-good bounce. still, the Weekly trend is not bearish. However Daily is starting to change of behavior because when BTC corrected from $58k to $50k, open interest rose up. On a weekly basis, if $45k breaks, the $38k ~ $32k range test would be...
4 Time-frames are on my watchlist. In the 4H time-frame based on HVP and trend analysis, bitcoin is in consolidation. And a huge range between $29400 & $32100! if a 4h candle closes above 32100, it can test 32600, and then it can break or reject. no one knows! but if breaks, the test of $34500 is very probable. The 2D TF is a dogi candle BUT it must confirm. if...