🤖 #BTCLIVE - 20.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 80:20 - Bullish:Bearish Technical Analysis: Bullish Scenario: $20.7K is key to hold if there is any chance at a bullish rally - currently the double bottom is a pretty good sign but a break above $21.4k is required dor the first confirmation and targets will be $21.8k - no...
🤖 #BTCLIVE - 19.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 70:30 - Bullish:Bearish Technical Analysis: Bullish Scenario: We are now at the macro channel bottom - which was always a realistic scenario - from here I we can hold and start to range/consolidate to build for a move up there the major resistance to break is $22.6k - ideally...
🤖 #BTCLIVE - 18.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Breaking up on this bearish pennant will be helpful but more critically breaking back above $24k is where the price needs to be - If this can be achieved then a push to $25.3k at the upper range of the ascending...
🤖 #BTCLIVE - 16.08 - #IDEA 🤖 Snapshot: Short-Term 20:80- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Consolidating below key resistance at $24.2k - we have to get above this and consolidate above or pump through with big volume to test $25k - this will require additional huge volume to break through given the...
🤖 #BTCLIVE - 15.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 50:50 - Bullish:Bearish Technical Analysis: Bullish Scenario: Alot of bearish sentiment, mainly short term would suggest a move down to $23.6k especially with the 3rd rejection from $25k andsell orders coming in - there could be a strong rally at this position to fend off...
🤖 #BTCLIVE - 13.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 60:40 - Bullish:Bearish Technical Analysis: Bullish Scenario: Defending against this double top and holding above ideally $24k.1 but mainly $23.6k to not confirm this double top would be the most bullish play we can hope for - this would likely require alot of volume to come in...
🤖 #BTCLIVE - 12.08 - #IDEA 🤖 Snapshot: Short-Term 30:70- Bullish:Bearish Long-Term 50:50 - Bullish:Bearish Technical Analysis: Bullish Scenario: There isn't too much to suggest a much bullish sentiment. The best to hope for is a bounce at $23.5k off the lower ascending wedge trendline and pump back to the upper trendline at $25k region as quickly as possible...
🤖 #BTCLIVE - 10.08 - #IDEA 🤖 Snapshot: Short-Term 40:60- Bullish:Bearish Long-Term 70:30 - Bullish:Bearish Technical Analysis: The bullish scenario is to break the local resistance at 23.5k with volume with a short term target of 23.4k and longer term target of $27k where the CME gap and top of the range is sat, breaking through will invalidate the bear...
🤖 #BTCLIVE - 09.08 - #IDEA 🤖 60:40 Mid-Term Bullish:Bearish Technical Analysis: Current Status: Big rejection hit as outlined in yesterdays BTCLIVE with TD9's, Exhaustion candle and bearish divergence into resistance - multiplied by the Tornado Cash blacklisting. We have taken out the high support of $23.8k and looking to test the more critical support of...
🤖 #BTCLIVE - 05.08 - #IDEA 🤖 70:30 Long-Term Bullish:Bearish Technical Analysis: Current Status: Confirmed a descending broadening wedge - since the 1st August with the latest to failed breakouts. These are particularly bullish patterns - based on historical data showing a 79% frequency of breaking up from them. In the same data set it is claiming a 33%,...
⚡️ #BTCLIVE - 04.08 ⚡️ 60:40 Bullish:Bearish Current Status: At the bottom of a symmetrical triangle - bouncing twice recently with relatively level volume showing distinct signs of ranging. Longer term Bullish Divergence is now in play. Unfilled CME Gap sitting at 23.7k to 23.9k along with the POC, both bullish. On a more macro level currently sat in the...
A look at various Onchain metrics shows that miners, banks, and whales do not support the increase in the price of Bitcoin. Banks continued to reduce their Bitcoin reserves and the miners sold their bitcoins. Bitcoin Exchange Wall Ratio has also shown the increase in the entry of Bitcoin into the exchanges by whales. On the other hand, With the reduction of...
⚡️ #ATOM/USDT - Potential 450% ⚡️ Entry Conditions: Developer activity & social metric on-chains has spiked since July 7th, whilst supply held by whales is 43.8% and continuing to rise. - Bullish Divergence - RSI Daily Trendline Breakout Entry: - 7.4 - 11 TP1: 14 TP2: 20 TP3: 33 Yolo: 43 SL: 5.1 or HOLD
#PEOPLESCHOICE #ETH Probably the most talked about and promising assets to hold rn, it is pretty hard to go anywhere in crypto atm with out getting slapped with some Mergereum news. although it is what the market needs right now, so no complaints here- with huge consistent volume coming in them Whales are accumulating. As per some handy on-chain data the larget...
⚡️ #BTC OUTLOOK - 20/07⚡️ We have arguably broken the range that we are in although it is definitely on the edge. At the moment there is still a sizeable amount of shorts above us (approx. 1k BTC on Binance - doesn't seem huge but relatively it is pretty big). The worst thing that can happen is losing $22.9k then I feel it would be a bit of a collapse back in...
40:60 Bearish:Bullish On-Chain looking Bullish on a Macro level - we could be ranging in this 20% period like the consolidation ranges before (excluding the initial dump wicks) for a further 10 or 11 days. Given the current outflows and huge increase in BTC to cold storage it is looking like the exit from this consolidation could be bullish. Total exchange...
Hello guys.today i want to explain how we can find important Resistance and Support levels in BTC according to onchain transaction volumes and trading or off chain volumes. when we talk about onchain volume means Vol of transactions recorded in blockchain. and when we talk about Trading Vol or offchain Vol means transactions recorded in exchanges. Comparing...
After the pushback from the MA50Weekly and the breaking of the bearish flag, Bitcoin has screwed into a bearish trend slowed only by the 61.8% Fibonacci level, after a few days broken. After the breakdown of the MA200Weekly there was the maximum moment of correction. The #OnChain data indicates a massive build-up for most likely Retail users. A rebound is more...