BTC USD : SYMMETRICAL TRIANGLE BREAK, BULLISH REVERSAL! BOOM!FOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU
BITCOIN is not in a bear flag like others have posted. Bitcoin has been in this symmetrical triangle for about a month now and it broke to the upside in a bullish reversal. Bitcoin will climb to about $40k on this run before a correction possibly back down to about $25kishthen continuing its ascent to 6 digits. Don't fall for all the bearish sentiment and charts they are for the most part 99% all echoing what they heard. Hardly anyone who is bearish has anything different to say. War, recession, inflation, interest rates, shortage, apocalypse, asteroid, and total extinction of the human race (its a big echo chamber). We've been going through the same crap for more than a hundred years what is so different now? The FED will pivot and start printing more money soon enough so get ready for a rocket shot to 6 figures. 7 is not out of the question either. Anything is possible in this bull run. Nothing is going to stop Bitcoin, it was made for this reason. This is not financial or trading advice this is just my opinion. Thank you and good luck out there.
Tether
Compound Cup & Handle Breakout Target (45%)We have a perfect C&H pattern now breaking bullish on the COMPUSDT chart.
We have high volume, green candles and bullish indicators...
This is all pointing higher.
The target is set at 45% from the current prise based on the chart pattern.
There can be additional growth.
Namaste.
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Disclaimer: All the information shared here is intended for learning and/or entertainment purposes only.
Make sure to do your own research and build a plan/strategy before trading.
Tether Dominance Weekly Turns Full BearishWhen looking at the weekly chart for USDT.D (Tether Dominance Index), we can notice a full red/bearish candle.
We have a rising channel also breaking bearish:
Together with a bearish harmonic pattern.
The RSI is pointing straight down:
One last signal is MA200, the black line on the chart.
We can see it rising and we know that prices tend to gravitate towards this line.
As MA200 trends up, USDT.D trends down.
Namaste.
BTC BITCOIN USD : HOLD ON TO YOUR HATS, GOING UP! BTC MEGAPHONE!FOLLOW, LIKE, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU
BITCOIN Is in a clear Megaphone pattern. I believe the pattern is bullish and in continuation of the MACRO uptrend. On the fifth touch at around $80k at the end of this year we will see if Bitcoin can break through the top line of the megaphone and blast to $200k plus! This pattern playing out is picture perfect to me, and I think we will see new all time highs by Q4 of this year. Don't fall for all this bearish BS about recession, interest rates, inflation, blah blah, its all a crock of shlt. Look at the charts and have a plan, and avoid being pulled into all the FUD. Bitcoin is going to melt everyone's face! The picture and text inserted into the picture is not my own, I copy and pasted from ELEARNMARKETS. This is not financial or trading advice this is just my opinion and what I am doing. Good luck out there.
Internet Computer Chart Analysis Multiple TF (Plan Ahead)This is the daily chart for ICPUSDT (Internet Computer)...
It goes straight to the point, the signals:
1) Higher low;
2) Strong RSI;
3) Bullish breakout...
Now let's look at the weekly timeframe which is the one I wanted to show you.
We will use the TD Sequential with candlestick reading.
These two do good together since the Japenese used to count the candles as well.
ICPUSDT Weekly Timeframe (main chart)
We have a very strong downtrend/bear market, going on on the left side of the chart.
After March downward momentum builds up.
We end up with a Doji 13-June.
This Doji at the bottom of a trend is a perfect textbook reversal signal.
This is supported by the -9 candle right before it, signaling that the move is already going for too long.
We are likely to see a trend reversal.
For trades, strongly bullish above $4.60.
Secure profits on the way up...
It will get confusing after 2 weeks but this is only a relief rally which will be followed by red; planning is necessary for success.
Namaste.
IoTeX Longterm TF Analysis (Bottomed Out=145% Bullish Potential)Good evening my fellow crypto-trader, I hope you are having a wonderful day.
Let's look at IoTeX (IOTXUSDT) on the weekly timeframe together...
We start with the major downtrend marked on the chart.
This downtrend has been broken.
Notice the long lower wick candle on the week of 9-May.
This wick sets the low.
We have a -9 on the TD Sequential after the low candle and then a higher low, signaling that the bottom is being formed.
After almost 2 months of consolidation, a bullish breakout shows up...
This is our signal.
Based on the above information we can expect additional growth.
145%+ mapped on the chart.
Note: The 9-May low can be used as the stop-loss.
Namaste.
Tether Dominance Going 10% to 20% LowerHello my beloved cryptocurrency traders, supporters and readers... I hope you are having a great week.
Let's start today with the Tether Dominance (USDT.D) index chart.
Our focus now is on the next target/support.
We see a 10% drop happening firts.
A small bounce...
Followed by another drop that will end at "C" or a total of -20% from the current price.
Inversely this would signal that Bitcoin is about to speed up when it comes to price growth.
Namaste.
eCash vs Tether (Low Risk + Higher Potential Rewards)We are looking at the 3D chart for XECUSDT (eCash).
This is a low risk setup.
We can see a nice 170% profits potential mid-term.
Where a stop-loss can be set at around 23%...
You get a good R/R ratio on this one.
This is not financial advice.
Additional details on the chart.
Namaste.
BTC USD BITCOIN SYMMETRICAL TRIANGLE UPSIDE BREAK TARGET $32KFOLLOW, LIKE, AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU
BITCOIN is in a symmetrical triangle pattern and is testing the upper resistance of the triangle. A lot of times these formations are continuation patterns which would mean more downside. Sometimes though these break to the upside and I think that is what is happening here. The MACD, RSI and Accumulation/Distribution indicators on the daily time frame and leaning bullish so a break to the upside is probable. The measured move of the breakout will be $26.5k to $27k, however I think we will blast through that and go all the way to about $32k where we have some good resistance. If we break past $32.5k and close at least a 4 hour above it then a move to $40k is likely and then we will revisit. This is not financial advice, this is just my opinion. Thank you
Tether Dominance vs Bitcoin (Cryptocurrency Market Bullish Wave)Bitcoin is about to go high up if we reconsider the inverse correlation between USDT.D and BTCUSD... Let's read the chart.
According to the USDT.D index, Tether Dominance is about to have another leg down; a major drop on the EW ABC correction.
This drop can take USDT.D to 6.45% or lower at around 5.70%, this would equate to a price jump on Bitcoin to around $22 to $25K.
This is how it goes.
After this next leg down, we get the classic bounce and then additional drop. (USDT.D)
As for BTC, the inverse... We get this upsurge and after the initial resistance is hit a small retrace follows and then additional growth. (BTCUSD)
The cryptocurrency trading pairs can turn and stay green all the way to end of August, late September at most.
It will be a nice bullish wave...
I hope to see you around and have your support.
Namaste.
Tether Dominance Update (Adapt and Change)This is yesterday's chart updated...
The major resistance short-term has been defined at 8.02%, since we have an interesection of two trendlines and two rejections.
The bias remains the same as yesterday.
Bearish below 8.14%.
Bullish above.
We are bearish in general as we've been tracking this one and expecting a drop.
We adapt to market conditions...
We adapt to the charts when they change.
The charts are always changing...
We are always adapting.
Namaste.
USDT DOMINANCE INCREASINGBy Checking the 4H chart you will see an ascending CUP AND HANDLE Chart pattern that is completing it's self
It is on of the cause that makes bitcoin bearish
Also if you look in ''BTCUSDSHORTS'' The Ratio of Short positions in BITFINEX exchange is in a Strong support area.
The sharp Decreasing wave after confirmation will be continued Until 17K
Tether Dominance Short-Term (Lower Highs)This is the chart that I have for USDT.D (Tether Dominance).
30-June sets the high and 2-July the lower high.
This is a short-term chart.
The marked candle 2-July '22 05:00 gives out a short/sell signals.
The RSI trending lower to move below 50 gives out another bearish signal.
We can also see a loss of the 10 sessions average support price at 7.92%...
These are bearish signals but things can easily change.
Namaste.
Tether Dominance Next Target Mapped (Red)Looks like we have the complete b wave of the ABC correction we mapped a few days ago.
We can see EMA50 holding as support after a higher low.
This is set at 7.58%; This level is very likely to fail.
The RSI has gone bearish (below 50) and we have a clear lower high.
The next target is set first at 7.02% followed by 6.37%.
If we see straight down, as the chart is saying, Bitcoin will move straight up.
Namaste.
Tether Dominance - Bearish Divergence Current Market Cap - 6.3 Billion
Tether dominance has risen over %284 ever since the market peaked back in November last year.
However, it is starting to show weakness after it made a higher high while RSI made a lower low.
The last time RSI printed a divergence, it signalled the market bottom and money started flowing back into cryptocurrency
We could potentially see a similar move.
The orange line below, represents the total crypto market cap.
What is Tether Dominance?
Tether (USDT) Dominance shows how much percent of the money is on USDT. There is 2 cause of the increase of USDT dominance.
The first is that investors put cash on the market from the outside, which is due to the unfavourable weather in the market.
And the second is again, as the market falls, investors withdraw their funds from cryptocurrency investments and put them to USDT.
In both of them, a decrease in cryptocurrencies and an increase in USDT holders are observed.
Speculative Setup, DYOR. Allow 3-18 Months For all Crypto Ideas.
Credit to @without_worries for allowing use of indicators.
Tether Dominance Weekly OverboughtThis is the long-term chart for Tether Dominance (USDT.D) and we are looking mainly at an ascending channel.
Each time the upper-band of the channel is hit we get a retrace/correction.
The upper-band being hit coincides with an overbought RSI.
An overbought RSI has always led to a strong correction.
Just yesterday/last week, USDT.D closed with the highest RSI value ever, signaling an overbought status.
It is only a matter of time before Bitcoin starts to grow; big, fast & strong.
I meant to say, it is only a matter of time before Tether Dominances drops.
Namaste.
Stratis vs Tether Long-Term (455% Potential Profits Mapped)We have a harmonic pattern on the STRAXUSDT (Stratis) altcoin trading pair, which is always have a falling wedge within it.
This week is just starting yet we can appreciate the hightest volume ever for this pair.
Highest volume as prices move above EMA10 and the market starts to turn...
We can expect additional growth in the weeks to come.
Targets and support levels on the chart.
Namaste.
Tether Dominance Classic ABC CorrectionWill Tether Dominance recover and Bitcoin crash fully to new lows?
Not likely...
Any recovery can be the "B wave" of a classic ABC correction.
These come after new peaks/highs just as we see with USDT.D.
Be patient.
You can see a shaky/bearish Bitcoin from Monday through Thursday and then we resume the growth.
Just one of the many possible scenarios but is better to be ready than to be taken by surprised...
Thanks for the support.
Namaste.
Dogecoin Starts To Move (111%+ Target Mapped)Dogecoin (DOGEUSDT) is starting to recover vs tether but, believe it or not, this is still pretty early.
We can see that DOGEUSDT is still trading below EMA50, but the bullish bias is already on and prices growing with a strong RSI.
There is room for so much growth.
Here we are mapping a short/mid-term target at 111%+.
This is not financial advice.
Thanks a lot for the support.
Namaste.
Polkadot Soon To Go Bullish (125% Target Mapped)We will be looking at 3 signals on the Polkadot (DOTUSDT) chart.
1) As MA200 trends down, prices tend to trend upwards.
2) Bottom pattern formation. The same bottom pattern we've been seeing in multiple charts is also present here.
3) Mirror image. On the left side we have red/down, on the right side the mirror image would be green/up.
These are the signals.
The light blue line at the bottom of the chart is the stop-loss.
We use manual stop-loss (full candle close below this line).
This is not financial advice.
The charts can always change.
Keep in mind that trading is not risk free.
Do your own research before trading.
Make sure to comment, like, follow & share for more.
Thank you for reading.
Namaste.