Update on my previous post: didnt quite hit my 62% dominance target, but it did fake out to the top and is now dropping hard. All charts are pointing to the start of alt season
This is Others/BTC Adding in my personal trading strategy, it seems to identify and give great entries into alt coins (all tokens 1 the top 10). I have set an alert to state when alt season starts - but if we consolidate and hold this level - i think it starts in the next 40 days or so. If we break down obviously not, but we are currently sitting on a very...
If you look at the times where bitcoin has gone on its parabolic runs, the RSI has closed above the 70 and held there. I know the charts are not related, but as BTC has just reached adoption from the USA it has entered the bullish control zone (>70k). Could this be the normal parabolic run for bitcoin, or something much greater
The BTC.D has managed to maintain its rising wedge, and looks to be breaking to the upside and retesting the rising wedge. Bearish Divergence is evident, but how long can it keep up this momentum? With the elections seeming to be coming to an end, there is a lot excitement from the crypto rules that trump has promised. Ive noticed a trend where structures tend...
Hi folks For the last 6 months BTC has been in a sideways consolidaiton. I believe that this consolidation was nesessary, and people where frontrunning the halving, and with the ETF people just got excited. The market will always move to hurt the most people. Sideways consolidation leaves those that bought BTC at higher levels in an uncomfortable position,...
I have been speaking about the money supply recently, and how i believe that all risk assets (all assets) are a function of how much money is in the system a.k.a the global liquidity The yellow line shows the Global money Supply, and the white and blue candles are the bitcoin price. This has been a very interesting cycle, as everyone front-ran the halving and...
This bull market started in Jan 2023, and it has risen an incredible 330% from that date. There is a lot of real world adoption on BTC, but there are some worrying signs that have forced me to become risk off. Firstly, on the FIB levels - if the price holds above the 0.236 level - it is my opinion that the bull market is still intact and we shall see higher...
Oh its so beautiful when you see it happening Looks bearish. if it doesnt close above the line, then it must drop!
This is a follow up on the ascending wedge forming on BTC.D I personally think that the break of this wedge will possibly happen in a range bound environment for the price of BTC. However when there are pullbacks the alt coins will recover faster than BTC - leading to a downwards break of the thick white lines and a retest - which will probably see many alt coins...
If we take a fib line from top to bottom, we have not cleared the 0.236 level. The yellow dotted line is the weekly close on the july 2021, which will have some resistance. A close above this line will be extremely bullish for an alt coin season Bitcoin is already sitting at the 0.382 level, and i would think that the alt coins want to catch up. As it...
I have market out the BTC halvings, and taken a FibTimeZone with the 0.382 and 0.618 zones marked out. You will notice how the tops and the bottoms are quite closely timed to the tops at the 0.382 and the bottoms at the 0.618 ratios. This means that the next top should be around October 2025. The fib zones above give us some targets to watch out for, and the...
BTC.D is the dominance that bitcoins market cap is over all crypto market cap. It can be confusing, as BTC.D will increase when Bitcoin runs and the rest of the crypto market stays the same, As well as when there is fear and doubt in the market - people will run to safety - which will make people sell alt coins and buy bitcoin - making BTC.D increase even while...
Could this be a confirmation of a large move upwards? On the 1 Month time frame, after the RSI had bottomed and started moving above the RSI Moving average (yellow line) - the MA have in all 3 times moved in an area that decided if the momentum would move up or not. The first time this happened, the MA failed to break above the previous high - but then made a...
Looks like it could be ready to move might have a few days, will wait to see how btc and eth react on the next down move
looking though some charts, looking at some potential future trades. Seeing bullish div - but will this coin be around in the future?
5 years time I told you so! I Told you! just a fun look at ranges and the halving cycle
The yield curve has been inverted, and it has been a very good indicator of recessions. Will team FED manage to land a soft landing? I think not We have a higher high after the breakout of the downward line, with bullish momentum.
This is an analysis of the VIX and all the times that the moving average was retested on the RSI, with bullish momentum on the Vumanchu Indicator The VIX has previously broken below the bottom resistance level, and currently has not broken the line. The VIX tends to explode, and if it breaks this line I believe that we will have a large spike upwards.