BTC/USD#BTCUSD
Since May 10, Bitcoin has been accumulating. However, the breakdown will happen soon. One of the best investment tools in deflation, which will have an upward trend similar to 2008, is Bitcoin. Fibo GP is expected after the closing of the GAP after exiting the offer box. Although a gravestone doji per week is a sign of decline, let's see what it shows next week since we hit the bottom. Although having a gravestone doji per week is a sign of decline, let's see what it shows next week, since we are at the bottom.
*Please share your opinion on it, write in the comments. Dont forget some cheers bravo. "
Teşekkürler.
Tether
ETH ETHERUM USD : Ethereum Is Ready To Explode! Bottom Is In!Ethereum is playing out the same fractal as the 2016 bull run in which Ethereum went on a 224,000% rise, thats two hundred and twenty four thousand percent! I believe the bottom is in for Ethereum! I see some serious upside coming in the not too distant future. This market is poised to leave everyone behind. 90% of people are bearish and are going to get trapped, they will be left behind in this run because its going to go up so fast it'll make your heads spin. This correction is over and bears are going to hibernate for a while. This is not financial advice this is just my opinion. Leave a comment below and let me know what you think and follow me for more analysis and updates, thank you!!
Tron vs Tether Long-Term (115% Potential to All-Time High)TRON has been printing higher lows vs Tether (TRONUSDT) since March 2020; we have a bullish chart setup.
TRXUSDT price remains trading above EMA100/50/10.
We have the highest volume ever this month of May.
We have a strong RSI as well and a total potential of 115% to its all time high.
The main support levels go as follow:
1) 0.075200 short-term.
2) 0.064825 main support for the current move.
3) 0.046376 long-term support.
You can stay 100% bullish above 0.075200.
Below this level things can change but the bullish bias remains strong above 'main support'.
That is all.
I hope you find this information useful and it helps you maximize profits.
I am wishing you tons of success, great health and lots of wealth.
Namaste.
Bitcoin To Continue Higher as Tether Dominance Goes LowerWe continue seeing bearish signals on the Tether Dominance Index (USDT.D) chart.
Yesterday we looked at the long-term chart and the RSI (weekly), the signals were clear there.
Looking at it closer today, our view remains the same.
- We can see prices moving below EMA10 on a full bearish candle.
- The RSI is trending down strong.
These signals are pointing lower.
The blue space on the chart is the main target/support.
Namaste.
Tether Dominance Overbought | Long-Term RSI AnalysisHere we have a pretty clear as well as strong signal coming out of the weekly RSI for the Tether Dominance Index (USDT.D) chart.
Each time the RSI went to overbought, or just got close to it, Tether Dominance would enter a correction phase.
We have now USDT.D overbought which can signal that it is about to move lower based on past history.
With the inverse correlation between Bitcoin (BTCUSD) and Tether Dominance (USDT.D), we can see BTC rise while USDT.D falls.
Thank you for reading.
Thanks a lot for your continued support.
Namaste.
Bitcoin Daily Analysis UpdateAccording to the last Bitcoin analysis, the price does not follow any specific trend. BTC is in a frustrating trading range for 3 weeks and just doing Accumulation for the next movement. because of the weekend, there is no clear decision for buyers or sellers. I think we should wait until Monday to see powerful movement with high volume. Use stop loss in all your trades. The market is bearish clearly. Permanent support is 27000$ -29500$ and minor resistance is about 30500$ -31500 $ Area.
This analysis will be updated.
USDT.DHello guys good day!
Here is USDT.D or Tether Dominance’s rising channel which reached at the top of the channel and its reacting.
First what is USDT.D and how can it help us for trading cryptocurrency?
USDT.D shows the status of Tether availability in the cryptocurrency market where when it rises market will fall and when it falls market rises completely a vice-versa relationship.
Ok based on this, The question is will the channel break upward? And market will fall more further?
Well as you can see the history clearly it shows that this channel is too strong to be broken and it may get push the price downward and then the market will rise and Bitcoin will get bullish and this will cause Alt coins to explode upside.
However on the other hand the sell pressure is heavy this time! And there is chance of breaking this channel upward and we may see Bitcoin at lower prices such as 25k 20k and if incase we loose these support levels then we may be witness of huge fall to 13k and 10k.
Remember guys these are just datas and informations that I analyse and post here, these are not buy or sell signals, so please use these informations and trade based on your own trading strategy.
Good luck.
Bitcoin price fluctuation zoneWe are currently in a long-term uptrend, which has intensified sharply since March 21, 2020, and continued until April 2021 due to the Corona Virus and economic impacts. However, this trend experienced a rapid decline due to numerous news and high price rises, which then went back to the previous price and even higher, causing a fake exit to its downtrend channel, which many analysts mistaken analysts that the uptrend in Bitcoin would continue at the same rate of $100K, but over time it became clear that the exit was fake, from where the downtrend began and the trend continues for 60 days... .
Bitcoin is currently fluctuating in the range of 29,000, which is a support point.
On the other hand, the amount of money in the Tether marketcap has reached its maximum, which is similar to March 2020, which was the beginning of the great upward trend of Bitcoin, and may start again from this point, but the point is that The floor of the large ascending channel has not been hit. So it is likely that bitcoin will continue to fluctuate within the zone indicated in the chart to start the uptrend again, but everything is probable and the only thing that is clear is that the candlesticks are always moving forward.
Support of $22K and the ceiling of the descending channel is $43K in this range.
The amount of money in Tether must be emptied!According to the chart, the marketcap trend should change little by little and the money in this currency should be emptied and transferred to the market.
This volume of Tether has been unprecedented since March 2021 That was the beginning of the big Bitcoin uptrend, as well as the resistance range has been touched.
Tether Dominance Still MixedTether Dominance (USDT.D) hit an All-Time High this very month, just as Bitcoin (BTCUSD) went through the worst drop in several years.
This chart is not weak but a high has been hit.
Each time the upper trendline is hit, we tend to have a correction.
This is a mixed situation... But the volume is lower now compared to June 2021.
So USDT.D is likely to correct...
Still, this is a difficult chart.
Namaste.
Cardano's ReliefCardano and Bitcoin, they move together.
It is not surprise to see ADAUSDT preparing to move up.
We are live on this pair...
We will see how it goes.
We do see a rally incoming but we belief it is only a relief before one mayor final drop.
After this phase, after the bottom is in, we will see long-term and sustained growth.
We will see Cryptocurrency settle many months before the TradFi market does.
The Cryptocurrency economy is getting ready for the next phase of its evolution.
Prices correct just to move back up stronger and for longer...
Hit LIKE if you Love Crypto.
Thanks for the support.
Namaste.
BTC Daily Analysis(Update). Bull or Bear?$BTC VIP Analysis
May 22, 2022
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BIAS:
Mid-Term: Neutral
Short-Term: Bullish
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Once again at the top of our short term range, BTC is looking like it could see stronger upside movement in the next couple of days if the bulls manage to hold on to their current momentum and strength.
Also the most volume is at the weekly OB+ With a clean break and close above $31,600 (which is currently our most important mid term resistance level, we’ll confirm a move towards at least $36,000 from where we would either see a rejection or an even stronger breakout.
Up Probability: 58% - Down: 42%
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MAIN INTEREST LEVELS
⬇️SHORT⬇️
$36,119
⬆️LONG⬆️
$26,613
PREDICTED DAILY RANGE
$26,812- $33,318
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Tether Dominance Going Down, Bitcoin Going Up!I just shared a trade idea for Bitcoin mentioning a "relief rally"... See it here !
Here we can see USDT.D closing below EMA10 after an inverse cup pattern.
This signals lower prices.
With BTCUSD and USDT.D having an inverse correlation, we can see BTC's price rise while a drop happens in USDT.
I am keeping it simple for now...
I will go into more details later on.
Welcome back!
Thanks a lot for reading and for your continued support.
Namaste.
Will the crypto market recover? ❇️Hello guys,
Some of you have texted me asking if this market will stay this way? What happened to LUNA? What happened to Tether and Terra?
Well, I will keep this short. You do not need to worry!
People always do this. They always panic and sell RANDOMLY, without reading and investigating the situation.
There will be no time until all intelligent investors realize that it is a significant opportunity for buying. And as soon as the buy volumes start to increase and the fundamental news starts to spread about what a great chance it is to buy crypto, people worldwide will begin to follow and buy more and more out of FOMO, which is not a bad thing.
Of course, we have to be careful. There have been regulations and apparent reasons behind this big crash. And indeed, there will be more regulations. So If you are waiting for this buying opportunity, do not jump ahead.
Wait for some signals, read the news, analyze the market and make sure before jumping on the recovery train.
Until then, have these items in mind in heavy dumps:
1. Do not do leverage trading
2. Do not buy coins in FOMO
3. Do not stick to the screen all-day
4. Do not do revenge trading
5. Do not average out every dip
6. Do not go all in one coin
Let me know your ideas.
Good luck.
Source and Reference: www.forbes.com
BTC TO $6900? The Gaps Say YesLet me start off by saying I am not short. I am not a BTC hater. I do not wish for this market to fail. But I must be a realist who must do a stoic analysis to become the most profitable investor I can be. If you haven't looked yet, please take a look at my linked idea "The bear is back with a vengeance". I am long term bull for BTC and because I believe BTC reaches way into the 6 figures I cannot ignore these unresolved gaps. 99% of gaps fill and these CME gaps have been long overdo. The gap levels are marked by pink lines. BTC price exploded from the lows and double topped with bearish divergence on the 3D RSI (see linked idea). We are not looking very bullish right now and given the LUNA mess I do not imagine a bunch of new money flooding into crypto right now. I think Citadel or Blackrock or whoever "the powers that be" are have it out for the stable coin market and I think a black swan event might be coming that causes this drop. Maybe Tether is the next UST? Maybe it is not and the price simply has a massive pullback due to the macros. These gaps can fill with BTC keeping its macro upwards trajectory. I think all the marked gaps get filled with a panic like dump similar to the March Covid crash and we bounce off the green downwards trend line and finally stabilizing on the green upward trendline. Also, contrary to what people say, BTC see's LARGER drawdowns after each bull run (read linked post) and that brings us to the high $6000. This is not what I want to see but it is a reality and dare I say inevitable. If BTC is really a long term asset class that is here to stay, these gaps need to be filled now. Would love to hear what you think. Please follow for more.
Bearish forecast for ETHIf we were to retrace 85% from the top like last time, COINBASE:ETHUSD would see lows around the 700 dollar mark at the peak of the bear season.
It sounds unthinkable now, but the point here is to be prepared. IF it goes down to 700 USD, will you be buying/selling?
A potential event that could trigger such a dire correction would be a failure of COINBASE:USDTUSD , similar to what happened to FTX:LUNAUSD .
If I'm to tell you the truth, I'd like it very much if it happened since Tether is like a disease infecting the crypto industry.
Keen to hear your opinion as well.
Stay safe, folks.
Adri
BTC/USDFor a long time we suppose BTC price turn up. We can see on chart down trend shows us bear flag formation. We saw 25500 area and bounce a bit on Daily. Bear flag formation still valid. As we see on chart 28546 area important to bounce 32K-33K. In long term we suppose 46K area.
*Please share your opinion on it, write in the comments. Dont forget some cheers bravo. "
Teşekkürler.