Orriginal

Orriginal

TOTAL Crypto Market Cap PA Got back above the Neckline of the "FTX Drop" and got swiftly pushed back below But this is OK, It took PA to overbought and so now, we need to cool off and gather strength for the next push Should use trendline as support PA above 200 EMA now, also support FED tomorrow so this is very well timed.

Orriginal

DXY PA is approaching the upper trendline in its descending channel. Rejection here could lead to 100 to 98 Alternatively, we may see the FED on 1st Feb, provide support for the $ by raising interest rates above 50 points, possibly 75 It is all to play for

Orriginal

Using 2 sets of retracement Fibs on this chart. The LArger set comes from the Nov '21 ATH....PA came down to the 768 and ranged along it apart from a short drop below after FTX, NAd in the recent push up, came back to the 702 ( technicaly Not a Fib line but often met) The Shorter Fib retrace is of the "Local" high after the recent push up. I can see PA coming...

Orriginal

Big week for DXY with the DXY SUPPORT GROUP ( FED ) making a rate Hike on 1st Feb PA still has room to drop to 100 mark and is likely unless the Fed announce a 75 point raise. BUT, if PA hits 100 - 98 , expect a hard bounce with a possible target in time of 118, maybe by Nov '23 DXY is gettign to be OverSold now but the real question maybe When is the Treasury...

Orriginal

After 3 weekes of climbing, it maybe time for BTC PA to take a breather now while Sitting on the 1.236 Fib extension The real question is, Will that Hold ? We Have the FED coming out this week with latest Rate Hike. Expected between 25 - 50 Points, in which case markets will be OK, 75 and its a blood bath. On the whole, as shown in previous chart, BTC PA is...

Orriginal

Posted this chart a while ago and pointed out the Death cross Bu tLOOK..the 50 EMA is starting to lift It has a way to go yet to avoid this Death Cross but if the bulls can keep this up...We may well avoid it... Biut it is not going to be easy....I think Delayed maybe more realistic..the amount of money required to lift that 50 MA enough is HUGE......surely...

Orriginal

BTC is about to come into an area of Strong resistance and also bumping into the crossing 50 & 200 SMA, creating a Death cross, that PA is trying VERY hard to stop. The Coloured horizontal Bars are areas of Volume as displayed by VRVP on the right. Not how these Ranges also match up to previous PA from 2017 As I mentioned last week, it is ighly likely that PA...

Orriginal

#Bitcoin Weekly & 618 Fib circles One Thing that tells me things have changed is the fact that PA is climbing UP a 618 circle. 1 & 2 were rejection, 3 was neutral & 4 is support NOTE the Arrow on 4.236 ( usual rejection ), when FTX went down & Fed put in 4th 75 point Rate hike- the perfect storm for a wash out. For Me, Fib Circles are more important that many...

Orriginal

Bitcoin Bear PA key moments are listed here - the RED vertical lines are interest rate riaises by US FED. Nov '21 TAPROOT installed on Bitcoin Network, after which PA reverses. Slow "Bear" market takes hold and PA slides down FED has 1st Rate Hike in a very long time in March '22, Bitcon PA actually Rises. 2nd Ratehike by FED on early May News comes out that...

Orriginal

When you Look at the MATIC LOG Weekly chart, seriously, what is not to like about this. This is one coin that has shown so much positives, even during the Bear. Weekly MACD is now at 0, leaving room for further upside, however, MACD is overbought on lower TimeFrames so range or Dip likely. Also hit underside of 0.382 fib line and has yet to break above it. This...

Orriginal

TOTAL3 is pretty well ALL ALT COINS but does include BNB and al its BNB Chain coins.......(maybe time to NOT call BNB an ALT anymore but thats another convo ) This Daily chart shows us how PA has been stuck in a descending channel since around May '22 and how, repeatably, PA has hit Top trendline and been rejected. And here we are again Shorter Acting StochRSI...

Orriginal

The TOTAL PA has made a massive push over the last few weeks and has pushed up to the neck line of the Pre FTX Crash, by using a double Bottom pattern to gain strength.But now, it has another battle. PA is overbought on most timeframes and is still under the neck line of that previous PA There is support on the Newer Trendline and the question is, Can it break up...

Orriginal

Just putting this up here now as, well, we can see, something HAS to happen soon. Take care..Could go either way

Orriginal

The figures here are hypothetical , just remember that please But........... Since the ATH of Jan 2018, It could be said that the Total Market cap has created a Classic Cup and Handle Pattern, with current PA hoovering around the $1 trillion mark So, If this Classic trading pattern plays out, a Measured move puts PA in the $ 8 Trillion Mzone, or more. And how...

Orriginal

Bitcoin Dominance (BTCD) is a ratio that measures the market capitalization of bitcoin (the largest digital asset by market cap) against that of all other cryptocurrencies, or altcoins. It's a ratio calculated by taking the market cap of BTC and dividing it by the market cap of all other altcoins. Now if you think about the number of ALTS that got released in the...

Orriginal

Measured move completed MACD now oversold & may turn Bearish but RSI already retreated and may offer support to PA to Keep it above long term resistance line now used as Support 7 days till FED Rate Hike Enough time to reset a little, maybe needed - All depends on the FED choice of the expected 25 or 50 base point raise. As a result of where PA is now, we can...

Orriginal

Lets keep this easy - Look on the Left. We were under this line of resistance and also came up to the line fairly fast and then got rejected. If we keep it Simple and just lok at the candles, thats 3 weeks before we broke out and I think we may possibly be doing the same now. PA may well wick up and out on a Weekly chart but he body will remain below while...

Orriginal

GOLD has traditionally been used as a Store of Value, even after the UK stopped backing its currency with it in 1931 and the USA followed in 1971 when Markets seem bearish, GOLD ( and others) have taken the money. increased and then sold when Markets were more Bullish Since November 2012, GOLD has been painting a classic CUP and HANDLE pattern and is now on the...