Orriginal

Orriginal

As you can see, DXY PA was pulled down by the Blue Fib Circle, as it has been often before but we need to come back and look at DXY closely again now. On Lower time frames, MACD is approaching over bought, as is the Stoch RSI but what we Really nee to pay attention to is the fact that the Weekly MACD is now turning Bullish and not only that, so is the Stoch...

Orriginal

Right now, PA is in a strong position to at least stay where it is. It has found support on the 382 retrace Fib line, bounced off the 200 EMA, with the 50 EMA just below should that fail AND with a diagonal support line just below. Also, the StochRSI is oversold and ranging there, waiting. RSI has also cooled off nicely The ONLY things that can change a slightly...

Orriginal

I was just looking through the chart and noticed these few things. The 200EMA ( Yellow) - Previously the longest below PA was 133 days in End 2019 till 1st April 2019 Currently, PA has been below the 200 for 238 days, over 100 days Longer.....A Sure sign of how havy that bear market was / IS The 50 EMA ( RED) is another story - Previous longest below PA was 427...

Orriginal

Here we can see how PA has retraced back to the 382 fib line which should act as support, even more so as it is also now sitting on the 200 EMA ( Yellow) However, to counter this, we have the 50 above it ( Red) PA is about to get squeezed, while sitting between two lines of support / resistance in the Fib lines and also then by the two MA's closing in Could get...

Orriginal

As we can see, the Range Top has once again rejected PA in a very similar manner to when it did the same in Jan '21. That led to 2 weeks of Red and then a short Green to once again Test the upper trendline, which we broke through. There are a number of things that point towards this possibly repeating itself, not the least of which is the seemingly reawakening...

Orriginal

The DXY is one of the MAJOR influences across all markets and including Crypto and I feel that on a longer term Time Frame, we are about to see an over all rise but its probably not for longer than about 8 Weeks I am looking at what happened Last time DXY went up to the Upper trendline and eventualy, when it rolled over, it came down to the 0.5 Fib line ( Arrow)...

Orriginal

On the daily chart we can now see that Pa has found support on both the Neckline of the FTX recovery AND the 200 EMA ( Yellow) The question is , can it now hold that while the MACD continues to be bearish. RSI has hit zero zone , so we may now range along this line of support Today, leading into the weekend could be an important day and we also need to pay close...

Orriginal

Simply put, PA should bounce off the 200 EMA, which is also on a supporting Trendline. Watch this point..It is critical that PA bounces off it

Orriginal

PA Still holding on to the Neckline of the "FTX crash / Recovery" while the Bearish MACD continues to cool off. PA could visit that lower trendline before MACD turns Bullish again that that would not be a big problem, testing resistance is always a good idea. It may be Noted that TOTAL3 ( Excluding BTC & ETH) has Still not managed to break over this Neckline,...

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. And as More Altcoins are added to the "Space", so the Bitcoin...

Orriginal

This test is in the chart also, to preserve th eidea for a later date Using Log scale, we can see how the Arc of Bitcoin PA started off as a steep angle and slowly, over the years, the Arc it has formed has begun flattening out. It is currently the flatest it has ever been. Could THIS be the signal that this is the end of the First True cycle of Bitcoin...

Orriginal

A very Simple chart that clearly shows how ALTS are lagging behind BTC in the "recovery " phase but are making a HUGE effort to catch up now and break back over the Neckline of the "FTX Crash" line Bitcoin has broken over it a week or so ago and is currently hoovering around the $1trillion Cap price - The ALT market has been catching up at a higher rate as can be...

Orriginal

This is an old Bitcoin Projection that I stopped using in August '22 because it appeared "Broken" but looking at it again a now, it seems still valid. The 618 Fib Circles had intersected with the ghosted PA on 3 occasions perfectly as shown by the 3 Large Arrows. But then it appeared to break away following the Crypto Winter Companies collapses. BUT look at...

Orriginal

After the TOTAL Crypto Marjet cap chart I just posted, which shows possibility of a 2 month cooling period, I thought it would be an idea to show why this MAY happen DXY has a long term habit of rising around 27% and then pulling back aroun 10-12% then rising again for 2 months or so and then dropping further and we may well be in that zone now after the...

Orriginal

I noticed a similarity and thought I'd share March 2020 Drop in PA was sudden and dramatic as was the V shape recovery. What I noticed was the % of rise from the long term trendline to where PA levelled out, while it cooled off before the next move and what PA has Just done. And as you can see, it is very similar and if PA takes 70 days to cool off, as it did...

Orriginal

The simple fact of life is that for everything that goes UP, it has to drop at some point and for BTC, that point maybe soon but this Will NOT be a bad thing, as if PA follows the suggested Path, it will come back to to test support on what has resistance for a long time last year. Shown are the SMA and EMA 50 ( Red) and 200 ( Yellow) As far as I can see, this is...

Orriginal

The BNB coin is one of the main coins I watch and for many reasons, Mostly because I loads at 10usdt each, but thats another story It is a coin backed by so very much, a Strong, Safe Exchange and with Loads of projects sitting on the BNB chain It is an exchange accepted in more Top ranking countries, WITH governmental approval than many others and it has been...

Orriginal

The TVL or "Total Value Locked" indicator is great It is the total value locked in the DeFi staking protocols and represents the amount of assets deposited by the liquidity providers Despite the almost recent Change of Direction for ETH, it is still WAY behind the King of the Pack The Real problem we have with ETH now though is the ability for a Corporation to...