Gauge the crypto market sentiment (Institutional & Retail)Whale and institutional investors initiate the trend in the Crytpo market while retail investors help pushing that trend to its peak. Of course, there are many more things to look out for, but you will be staying one step ahead of many ppl just by paying attention to these few things in my chart while avoid becoming bagholder yourself.Educationby Libratus226
Nearby repeating pattern? Or a re-test and continue up?Looks like we have a repeating pattern here possibly, or a re-test before continuing up. I've been learning about Camarilla charting (thank you Gunslinger) and have been trying to add those into my charts without over-powering my own charting. Still a work in progress.by chillcryptoUpdated 111
BTC: Market Cap to Thermo Cap Ratio [Overall Bullish]Chart: I saw an analysis' posted on twitter by Rafael Schultz-Kraft and Geert Jan Cap that puts us in the lower end of the bull cycle and felt I should share on here. Last bull market $BTC was @ $8500 at the current Market cap:Thermo cap level Price increased 135% to the top in a month From the current price 135% is $110,000 To see a better chart of this go the Rafael's twitter to get the full view with current Market cap:Thermo cap dataLongby BertieLeonard113
BTC DivergenceIf the divergence is successful the price will fall, it will tighten the first signal to reflect well if we have to leave the shipShortby reelswap111
Yet another stab at price action, near-term down, long-term upI know there are more sophisticated ways of approximating Bitcoin price action. In looking back at prior 20% corrections/consolidations and the speed at which the events occur, we can use a prior example and draw from that a likely scenario. Charting provides great insight into your investments. Draw your own conclusions. There are lots of great content out there that provide alternative viewpoints. Take all of the ideas into consideration.by chillcryptoUpdated 110
Bitcoin supporting an upward channel, lower trend line belowI know there are more sophisticated forecasts but I always believe in the simple. For now Bitcoin is supporting an upward channel but a lower upward trend line remains below as a 'worst case' pullback. Let's see. by chillcryptoUpdated 112
Bitcoin doesn't see its shadow - breaks resistanceBitcoin takes groundhog day by storm and pushed through resistance and into a narrow upward channel. Will this hold? A lower trend line intersecting with the MA200 (1 hr) about 6% off today's high has been broken several times over the last week. Not fear mongering, just stating what is possible in the near term. There are so many places for speculation right now, I feel it makes this situation a bit more unpredictable. by chillcrypto0
What will February bring? So many areas and trends to focus on..In order of most activity or strongest to weakest. 1) An active horizontal area of support and resistance since Jan 1 (white lines). 2) Downward and upward trend lines forming a wedge pattern 3) An upward trending channel we entered in the last week of January and are trying to re-enter. Negative volume has subsided and it appears that we are more likely to trend up than down. However for now we are pointing to the downside. I was delighted to see at least a couple of YT crypto channels following my same pattern I have here. So at least I know I'm on the right track. Happy charting and much continued success in February.by chillcrypto1
Positive volume keeps Bitcoin in a rising wedge, trend line I'm not sure we can put links here, but I thought this volume by exchange chart was interesting. data.bitcoinity.orgby chillcrypto111
$BTC - Dominance Market CapPurchases continue on bitcoin so they are just being placed on "Scalp" buy and releases at the moment. The reviews to raise BTC Dominance above 90B are great, let’s wait to see how the market will dig this weekend.Longby UnknownUnicorn11720831114
Several possibilities including a repeat of recent lowsThere are several possibilities here. Including a dip down to a lower upward trend line that has been touched momentarily before, and then a resumption up. There will likely be buyers again down here, and probably the same buyers who are selling the swing.by chillcrypto112
Running out of steam? Time to re-test! BTC broke strong today taking many of the crypto-youtube-fanboys by surprise.Will Bitcoin continue to impress? Or are we going to fail to break the near-term resistance and then resume the downward trend? Or will we re-test on the upward trend line and head back up? Stay tuned! by chillcrypto0
Looking up, rising wedge into supportHigher lows, but hitting resistance at the upward trend line. by chillcrypto0
Broadening formation or a wider channel moving up?A decidedly down move has touched both a horizontal area of support and a lower upward trend line that I've drawn out. For now it appears that we will break downwards into a broadening formation. TBD.by chillcrypto111
BTC market cap chart ://this is why we do thisthere is also this bump and run scenario but we need to firmly break this downtrendLongby HustleGrindMomentum3
BTC market cap chart ://this is why we do thiswe do this to get more btc and eth and a few more but big dad is what really matters... BUY THE DIP sideways downtrend with random alt pops untill full crazy rally get ready take profits stable coin and buy the fucking dip... _HJGMLongby HustleGrindMomentum111
BTC hitting resistance in the near-term.Not anything spectacular here. I've updated my BTC chart focused on this area of support and resistance. Looking for BTC to consolidate in this narrow channel for now. So much noise around Bitcoin right now. So many other coins to invest in. Of course, all investing has risk. Chart accordingly.by chillcrypto0