BeastTrading_Sehyun

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin has been continuing its crossroads recently. The fluctuation range is relatively small, and you don't see it hitting in one direction. I will analyze it from (22.8k) when Cpi presentation. During the Cpi announcement, the trend line from 69k was accurately hit and fell, and from 22.8k to 18.1k, it seems to have...

BeastTrading_Sehyun

Bitcoin Analysis Bitcoin is currently continuing to swing sideways at the volume profile It is showing the form of convergence by moving up and down repeatedly, and is likely to break the box and bounce in one direction in a volatile event (such as a NASDAQ opening, speech, or presentation) sooner or later. In a field where convergence/walking continues, long...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Today is an analysis of DXY. The dollar index maintained a modest upward trend and increased from around February this year Since then, the low has been rising, continuing to renew the high, and it has been rising very sharply, not breaking the upward trend, but rather forming a steeper upward trend line. Based on the...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis In a slightly larger view, Bitcoin is continuing to move sideways. It's moving a lot, mostly within 18.6 to 19.6k, and it continues to show the shape of a trigonometrium. Usually, if you continue to walk sideways and then leave to one side, it usually bounces a lot, but you should think about this and be careful when...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis After a sharp drop from the night of the 27th, there are more ups and downs than expected. In the case of a normal adjustment wave, it is often returned to 0.382 / 0.5 / 0.618 of the trend wave and then proceeded to the trend again. The black square section is considered to be a downward impulse wave. After the fall...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Yesterday it showed a convergence upward shift, with a fairly uptrend and appears to have risen in the form of a C - impulse. Yesterday's point was whether to close or not to break through the long-term 69k decline. If you support through the downward trend that has continued since 69k, you will respond with a long...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Finally, the boring convergence seems to be over. Eventually, it deviated upward from the convergence pattern, rose slightly, and then rose in the morning with trading volume attached, and now it seems that the wave frame is being taken little by little. Up to 18.1k, it came down to five waves, and it seems that the...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin seems to continue to move within the convergence, so I would like to raise the market with NASDAQ analysis today because the content is the same as yesterday's market. First, the time frame is a candle in a day. The NASDAQ is showing that it's hitting nearly 16,800 points on a daily basis and turning completely...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin is still moving up and down and not showing direction. So when I counted the Elliott waves on the 15-minute bar, there was an intuitive wave First of all, from the high 22.8k taken during the CPI announcement to the low point renewed after the FOMC announcement, it seems to be too five waves. It was counted...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin fell to 18.1k after the FOMC announcement, but it quickly recovered and created an upward trend. Since then, it has continued to rise until the opening of the NASDAQ, and there has been a decline like an adjustment near the opening time of the NASDAQ When analyzing the sections before and after the opening of...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis About eight hours ago, there was a FOMC announcement. The interest rate hike was 75bp (GiantStep), which came as expected. The general announcement is that the labor market is fine, but prices need to be watched a little more, adding that the goal is to raise 125bp by the end of the year. At the time of the...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin rose slightly until the morning of the 20th, but it is creeping down again. 16 hours after this time, the FOMC interest rate announcement will be made. This is an announcement that has a huge impact on the direction of the investment market in the future. Most predict 0.75bp (GiantStep), but if 1bp (UltraStep)...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin broke its previous low of 18.5k yesterday, falling to 18.2k. The next low was a dangerous situation with only 17.6k left, but it immediately recovered 18.5k, showing a sharp rise. In this case, we have renewed the low point to form a new low, and now 18.2k will act as an important low point. I will explain the...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Bitcoin continues to fall due to 69k trend resistance. NASDAQ and Bitcoin are still weak, and in the case of Bitcoin, they continue to move to renew their lows. Currently, the market is very difficult and there are many events, so it is better to set up a response line and make a response- 1. Fibonacci support line ...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis After the Ethereum Merge event yesterday, there was a strong shaking movement up and down, hitting a high point after 16:00, creeping down, and a strong drop occurred after the opening of the Nasdaq. Bitcoin also fell due to a sharp drop in Ethereum, renewing its low point. Overall, the stock market situation is judged...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis Before the CPI announcement yesterday, Bitcoin continued to renew its high point, showing a strong rise. However, the CPI announcement was above and the source Cpi was twice as high as expected, resulting in a strong fall Coincidentally, after rebounding to the edge of the downward trend line from 69k, that's exactly...

BeastTrading_Sehyun

Bitcoin has been on a steady rise in recent days and has already risen to 22k. Although most of the auxiliary indicators indicate a decline, it seems that the characteristics of the upward trend are shown in terms of continuing the rise and rising without any adjustment, the shape and angle of the rise. I compared it to last year's chart because it felt similar...

BeastTrading_Sehyun

Beast Trading _ Today's Bitcoin Analysis On an hour-long basis, Ethereum and Bitcoin do not appear to deviate to one side from their respective patterns. However, the fluctuation is starting to increase due to the Ethereum merge issue In general, I felt that Ethereum was leading Bitcoin in recent movements. In the same upward line, the difference in the...