BTC has formed a double hidden bull indicator which means that its a continuation of the current bull trend. Hongkong BTC ETF is going to be opened shortly by April 15th Japanese are pulling out from US and EU bonds which will make the dollar weaker TD bank has started to advertise about Bitcoin ETFs Gold is at its highest ever so there wont be many buyers at...
Now that SOL is pumping hard and with BTC gaining 10%, soon SOL will be 150 and JTO about 10 Its been accumulating for a long time now. I am keeping an eye on this one.
The RSI has been low for a while. That was good for BTC. Its Dec 8 today. People who needed to close the year end on their balance sheets have already done so. Taking profits for Taxes. Now it will continue up until Jan when the decision for the ETF is made. My best guess is it goes to 52k and consolidates until the ETF is approved. Take profits then and wait.
The only time this was last seen was during the covid19 bull cycle The bear pattern has already begun in the last 2 days since the breakage of the support range. I expect this to pivot at around 19k The reason I see is More money will be printed interest rates will increase More bonds with higher yield will be issues DXY is in an uptrend Stocks are...
I see a Double Bear signal in the divergence chart. Seems risky to put my money in right now. I should wait. Also the tight blinger squeeze makes me uneasy. Its more likely go down than up.
I see a double bull divergence on CFX. Binance's entry into Japan for web3 seems interesting as well.. I might keep an eye on this one... seems to have been oversold as well..
Ok, it is certainly overbought... This should be good for Crypto in general.
I can see a bullish divergence on ADA. Cardano was oversold earlier when it got to 0.37 So I think it needs to retrace back up to around 0.34 Watching this closely.
I see a bullish divergence on the 1 hr chart for SOL .. From what I can tell it could go to 25 to 26 from here. Watching it closely.