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Mrhashem

USDollar Index (DXY) Analysis 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 positive correlation between DXY and Bitcoin on a weekly scale. And it's not weak as well. Screenshot: Thanks for your time. Regards, Hashem.
TVC:DXY
by rhawshemi
Bitcoin (BTC) Long-term AnalysisHi 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 new ATH). If a Daily candle closes below $60000 and Daily EMA21, Bitcoin would likely test the lower range between ($57500~$58500). If there is a new ATH, we can draw our Fibonacci extensions to approximate the probable targets. Also, if a Weekly candle closes above $62000, it would be very likely Bitcoin will have a new ATH. Note that all of these are just possibilities, and a trader does not care about the direction of volatility. A trader trades the volatility. Thanks for your time. Regards, Hashem.
INDEX:BTCUSD
by rhawshemi
Bitcoin (BTC) Long-term & Mid-term AnalysisBitcoin (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 highly probable. But until then Bitcoin could create a very boring range now and just frustrate people.
BITSTAMP:BTCUSD
by rhawshemi
Bitcoin Multi TimeFrame Analysis4 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 wick below the previous 2D candle it will be confirmed and probable test to horizontal support between $22700 & $23900. on the 3D TF, the HVP is expanding and if the 3D candle closes above the BB it would suggest that the upside trend is continuing. in parallel on the Weekly TF again if the weekly candle closes above BB, it would say the trend is not over yet.
BITMEX:BTCUSD.P
by rhawshemi