BitInfo12

BitInfo12

The DXY RSI levels are approaching overbought territory. Don't need to over think this one. I'm looking for a mean reversion. On average, it appears a DXY pull back is +/-12%. $102-$98 is the level I'm watching for the short/medium term for the DXY. I imagine it strengthens again in the future, but it's offside at the current moment. Stonks, BTC, & Crypto are...

BitInfo12 Updated 

How do determine if its the right time to out on Alt Coin trades? Easy. Look at total Crypto Market Cap, less ETH & BTC. Long term uptrend. Market Cap Just held support on long term up trend and If we are to truly enter the Banana Zone, I’m looking to $2.5 Trillion as the top end target. Once we are at higher timeframe oversold conditions (Weekly, Monthly) average...

BitInfo12 Updated 

This is a chart I prepared a few months ago. I never shared it. BTC got in the "Buy Zone" just briefly. Now we have set a series of higher lows. This is a Bullish setup. I see a break from previous resistance with strength to go higher. ATH in the near to medium term. Stack Sats on pullbacks and don't over-trade. Not your Keys. Not your Crypto. Stay safe my friends.

BitInfo12

All the white lines are buys. My weighted average price per share would be somewhere in the middle. I Dollar Cost Averaged into the position from basically the launch of the product on exchanges earlier this year, Say March 24. The trade looks to finally be playing out. Long Term Hold position for me, and will add on higher timeframe (1 Day, 3 Day, Weekly)...

BitInfo12

I painted the May '24 breakout pretty well. This was the breakout running into the ETF approval. Buy the Rumor. Sell the news event. And ETH has been selling off ever since. All considered, ETH seem to be setting a trend of higher lows as it's attempting to break the trend. Either way, it will break this consolidation sooner or later. ETH/BTC is the important...

BitInfo12

Buy low. Sell high. All-Time High. #Bitcoin I'm anticipating a #Bitcoin pullback into the end of May. Get close to RSI oversold condition - maybe touch the 30 lower level on the RSI - and then a quick reversal as #Bitcoin resumes its Bullish narrative towards ALL TIME HIGH. It's a great time to be alive. I for one, will be partying as we ride the rocket into...

BitInfo12

Are your bags packed? Are you ready to go? It appears we are on the verge of Alt Season as Total Market Cap excluding BTC & ETH is ready to break to the upside. Now that people are sitting on BTC gains at All-Time Highs, I would start looking for rotations into hyped up Alt projects - NFTS, Stable Coins, and Pepe's and just classic Shit Coins. As long as the...

BitInfo12

Looking to add to my #MSOS position in the event it reaches the .5 Fib. If it breaks lower, would take the loss and average into a longer swing trade position on daily consolidation. The strength of the breakout pivot is impressive. Aggressive bulls will be delighted with broader market strength. AI driving the market, so eyes are there for indications of trend changes.

BitInfo12

Pretty incredible chart. This price action will be talked about for years. Where will it end? How will it end? These are not questions I know how to answer. The great thing is I don't have to know the answers to these questions to profit MAJORLY from the price action. Everything I need to know is reflected in the price action. The trend is your friend (until the...

BitInfo12

AMD looks to be forming a Bull Flag for continuation. Bullish Divergence in RSI helps the case. Look for a 3-day consolidation in the event of more sideways action. Either way, a Bullish chart & Bullish set up for a deep Bid market. Bears will need to do a lot of work to reverse the strong trend.

BitInfo12

MSOS looks poised on a Cup and Handle pattern for a potential breakout. Stop Loss @ 20% in a smaller position size to start. Need to see it play out, but bullish divergence in RSI looks good. .5 Fib - Orange - is a BUY. #MSOS

BitInfo12

#BTC is testing the 50-day Moving Average with interesting volume. If these levels break and there is a follow-thru, I'm looking at the $32k range for the next resistance level. Potential 16% move. If rejected from these levels, look for a retrace back to FWB:25K range for further consolidation and a move in the future. $24k is the ultimate level to defend. I'm...

BitInfo12

META has sold off nearly 70% from its ALL TIME HIGH of $380. I'm looking at Bullish Divergence in the weekly RSI. If a base is starting to form around the $116-$126 range, we could see a higher low establish around this range. Likely a good price zone to Dollar Cost Average into a position. If a base establishes, this could be a range where you get some shares at...

BitInfo12

BTC is showing buy-side strength for the first time in months as it tries to establish a bottom of the current bear market. That said, we are likely not out of the woods yet. 'Crypto' & BTC will likely end the liquidation phase of the bear with one more major sell-off & capitulation panic. 4 to 6 more months of 'despair' & 'anger/depression' is likely ahead....

BitInfo12

Bitcoin has set a clean series of higher lows creating a clear uptrend on the daily chart. If BTC is able to break out of the ascending triangle, I would watch for a 14% to 16% move to the next large resistance area around $59,000. A Golden Cross is to follow and this could be a major indicator for short-term to medium-term strength. RSI showing an attempt at a...

BitInfo12

NEO has been on a subtle, yet powerful upward movement in the price for the past few months. With $20 being a major psychological level and Fibonacci levels acting as clear support/resistance, this set-up is interesting. Look for a breakout of the $21 level leading to higher highs. If rejected look for lower FIb levels as support zones. 80/20 trade. Of course,...

BitInfo12 Updated 

The 3-day chart is the Golden Chart for Chainlink vs. USD at the moment. The TD indicator has lined up multiple TD 9 tops that have predicted 2 to 4-day pullbacks, and then set up a run for new all-time highs. We have just printed another perfected TD 9 candle and are currently on our first 3-day red candle. I would anticipate another one to three 3-day red...

BitInfo12

I was asked to look at the XTZ/BTC pair... Overall, I would say this formation has a Bullish lean. There is clearly a tightening symmetrical triangle on the 3-day chart. The price action has remained above the 200-day moving average since it broke below earlier this year. Now the price has broken above the 50-day moving average, is holding above, and continues to...