Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a rising channel. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC). A major concern is Volume dropping off. Also Included:...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a rising channel and headed down. The chart shows a variety of signals with downward potential. The Ichimoku Cloud resistance is very strong as well as the recent bearish cross of the Stoch RSI. MACD is about to have a...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a channel with a bear flag pattern. The measured move of this pattern touches a long-term support area. The Fibonacci Retracement shows the Golden Ratio (1.618) around $3.3K. Price has a strong possibility to come down...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a pennant pattern with a bear flag formation so ultimately a Bear Flag Pennant. The measured move of this pattern touches a long-term support line around $7K. The Fibonacci Retracement shows the Golden Ratio (1.618)...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH). I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Trend line, Volume, Volume Profile Volume Range (VPVR),...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a pennant pattern with a bear flag formation so ultimately a Bear Flag Pennant. The measured move of this pattern touches a long-term support line around $7K. The Fibonacci Retracement shows the Golden Ratio (1.618)...
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Total Crypto Market Cap. The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel most recently formed two Bear Flags, back to back. The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Total Crypto Market Cap. The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel and Bear Flag (exactly as predicted!). The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there is still...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Cardano (ADAUSD). The chart is self-explanatory. With the crypto market going through a correction, Cardano may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Fantom (FTMUSDT). The chart is self-explanatory. With the crypto market going through a correction, Fantom may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Avalanche ( AVAXUSDT ). The chart is self-explanatory. With the crypto market going through a correction, AVAX may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH). I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Lines, Volume, VPVR, and Prior Cycle review. Naturally...
Hello friends, today you can review the technical analysis on the 1W chart for Bitcoin (BTCUSD). Many people all around us are predicting that the crypto market will rebound and though I want to be optimistic, I have to be realistic because too many people bought crypto at high prices unlike some of these people on YouTube that bought under $500 so for them it's...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for ARK Innovation ETF (ARKK). The chart is self-explanatory. The price is currently in a Descending Parallel Channel with the RSI oversold so there may be a short term upward price movement, however the overall trend is still down. I put in multiple support lines to keep...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Total Crypto Market Cap. The chart is self-explanatory. The total crypto market cap fell out of the Ascending Channel. The measured moves are shown in the chart. Though I want to be bullish on crypto, it seems there is still strong downside pressure with the...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). BTC Price looks like it is headed back up to the S/R line. If it can break above the line, it has a chance to go up to the $36K-$38K region, but if it fails the S/R line, it is coming down to $28K region first then even as low as $20K-$22K. The...
Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for the Gold price. Gold had a local double top formation and it seems that on a macro level it formed a double top as well. Looking at the overall economy, Gold has a strong possibility of heading down. The Fibonacci Retracement shows price coming down to the 0.236 level...
Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Gold. The chart is self-explanatory. If the price does not hold the multi-year support line, expect downward pressure to test the bottom end of the descending broadening wedge as well as the re-test of the descending parallel channel. The price has made multiple...