Welcome to this quick update: As you can see, we are currently trying to break out from this bearish channel. If we succeed and break this channel, then the next stop for Bitcoin would be the strong supply zone, locating at $34500. The bullish breaker for Bitcoin is also the resistance at $34500. Right now I expect a fake break out with enough bearish volume...
Welcome to this quick update: As I mentioned in my last analysis, we did bounce from the $28k area and tested $34.5k and the diagonal trend line. What’s the deal now ?! .We already tested the $30k support many times, so it is not safe for Bitcoin anymore! .I expect a drop from there next time we visit $30k again! .But if we somehow found support here, then we...
Hello and welcome to this quick update: IS BCH READY FOR THE ALT SEASON ?? If the bottom is actually in for Bitcoin, then consolidation will help some Altcoins like BCH to bounce up again. We can see BCH is already testing the lower support level on high time frames and we can assume that we are ready to test that high from early Jan once again. So, for now,...
Welcome to this quick update: What a rough time for all of us !! Bitcoin is crashing hard but should we worry about the future of this bull run?! The answer is simply NO !! even if we drop to $24K we are still bullish, but we should wait for a long time for another All-Time High in that case!! But where is the rational level we may hit?? $28k is your...
Welcome back to another quick update: as I mentioned in my last analysis, Altcoins with bullish structures are the most to watch in alt seasons. VETBTC is definitely one of the strong coins out there !! with higher lows structure since Jan 2019, and strong momentum at its resistance. I would buy this pair at the levels that I've mentioned in the chart. My targets...
Welcome to my update: As all of us may have noticed till now, we are in the alt season. But what coins are valuable and +100X during this bull run?! - Any coin that has created higher lows since 2019 is considered a promising one. - Coins with a high market cap ( just check the top 20 and pick those that have a green chart) - Coins with strong fundamental news...
We are testing the lower line of this rising wedge, And unlike Bitcoin, Ethereum actually held its support very well so far. If $ETH manages to close inside this wedge for the next 4 hours, then I would aim for a new ATH. As Bitcoin dominance is falling, and ETHBTC is rising significantly, I can assume a crazy bull run from ETH and major caps like LTC for the...
This is only an update about my last analysis First, we got the wick (So even bears make money with that short call) And after that, we break out from the upper trend line, then BOOM !! $40K BABY Congrats to everyone who has followed my analysis here, enjoy. <3
LONG SIGNAL: I would long from the breakout of the upper line, targets will be 39k & 40K SHORT SIGNAL: I wouldn't short right now, but if you want to short from here your first target should be $37500, then trade with support levels. WE ARE OVERBOUGHT ON LOWER TIME FRAMES
clear Head&Shoulders is ahead of us !! The most important resistance to break is that 21EMA If somehow we fail to break it, expect a huge drop till $28 - $24k The only indicator to watch for the short signal is the diagonal trend line : Short with stop loss above the 100EMA, and targets should be: $29k - $28k - $26k - $24.6k
Good evening/afternoon/morning/night everyone. It's been a rough day for all of us, but is it over yet ?! WE DON'T KNOW YET... First of all, do not panic as this correction was overdue, and till now, we experience a healthy one. Second of all, as long as we are above 28k, we are super duper bullish on Bitcoin So take a little rest and wait for the market to...
Manage your risk, as DXY is ready for a bounce on daily and weekly timeframes we are facing a bullish divergence on RSI, and if that's not enough for you to think about a correction for the crypto market, then take a look at the support area for DXY. Next week will be huge for the crypto market If DXY indeed bottoms out from this support area, then we...
The blue trendline speaks for itself, we are facing strong resistance at 72.40. It is unlikely to see Bitcoin dominance above that area, but if that happens you should consider selling all of your ALTs as they will be shitcoin soon after. So the invalidation for ALT season is breaking above 72.40. BUT HOW FAR WE CAN GO DOWN WITH BTC.D ?! - The most crucial...
Market is slightly overbought, but I see no bearish volume. The only resistance in the current market is the psychological one. *keep your leverage high and SL tight*
Your likes and follows mean a big deal for me so thanks for all the supports guys, and make sure to share your ideas about Bitcoin in the comment section below.
* You can obviously buy $LTC when we break the current trend line as well * Make sure to hit the like button, that means a lot to me and honestly makes me wanna do more analysis like this :) If you want me to chart any particular coin or coins, let me know in the comment section. Peace and Love <3
Feel free to hit that like button so I get motivated and continue publishing my ideas DAILY, rather than once a week ;) Any information that you need to know is available in the chart. Have a nice holiday.