SpektreSignal

SpektreSignal

The upward market momentum continues, the global cap is up to $299.17B. Dominance has moved up further to 58.79%. The price of Bitcoin is hovering around 9900. The price snapped right through 9500 resistance, the current trendlines are forming a rising wedge pattern, which indicates a continuation pattern. This is further reinforced by the ascending bullish...

SpektreSignal

The market is up to $288.15B. Market dominance is up to 58.87%. The price of Bitcoin is testing key resistance at 9500. Over the past 24 hours, the price successfully broke to the topside of the bull flag. We can see the price has reached a key level of resistance, and if broken, the price could break to 10000. Our indicators are still bullish here. Although...

SpektreSignal

The market is up to $281.79B. Dominance is down to 57.57%. The price of Bitcoin is above 9100. Today, we are zooming in and looking at the 4-hour chart. So far, the support at 9000 has held sturdy. There is a large bullish divergence happening which is illustrated by the yellow lines conveying price action and the Stochastic as well as, the MACD indicator...

SpektreSignal

POA/BTC Strategy: Low volatility, oversold indicators, strong support zone. Buy Around - 377 - 385 T1 - 414 (8%) T2 - 447 (17%) T3 - 486 (27%) Stop-Loss - 358 (6%) Risk / Reward T1 - 1 / 1.3 T2 - 1 / 2.8 T3 - 1 / 4.5 P/L Opportunity Upside: 8 - 27% Downside: 6%

SpektreSignal

The market is pulling back and is down to $278.16B. Dominance has risen further to 57.83%. The price of Bitcoin is testing support at 9100. Over the past ~20 hours, the price has fallen ~6%, Bitcoin fell from 9400 down to 8900 before buying pressure took over and moved the price to 9100. Although the stochastic RSI is overbought, there are divergences on...

SpektreSignal

Over the weekend, the market continued it's growth. It is up to $285.32B. Dominance has followed Bitcoin and is up to 57.88%. The price of Bitcoin is testing is resistance point at 9300. The market has steadily risen over the weekend. Yesterday, there was clear profit taking at 9300 down to 8900 before buying pressure moved back in. The MACD and RVI tell us...

SpektreSignal

The market is fractionally down to $261.07B. Dominance has jumped up to 56.97%. The price of Bitcoin is testing 8500. Market structure shifted as bitcoin dominance increased causing alts to bleed, and the price of bitcoin to push past 8200 resistance. Because the global market cap is down, but Bitcoin price is up, this move has been on volume that was already...

SpektreSignal

The market is up to $261.88B. Dominance is up to 55.97%. The price of Bitcoin is testing resistance at 8300. Price has continued to climb, and the current daily candle indicates buying pressure at 8000. However, the topside resistance has maintained and price has been unable to breakout. The TRIX is oversold and indicating a buy signal as well as the...

SpektreSignal

The market is up to $258.73B. Dominance is down to 55.88%. The price of Bitcoin is re-testing 8200. The current bottom trendline has held up well against the price, indicating a newly confirmed trendline. Stochastic RSI has crossed above 20, which suggest bullish momentum is increasing. Whereas, the MACD is still oversold. Because the stochastic RSI is a...

SpektreSignal

The market is slightly down to $250.93B. Dominance has dropped further to 55.99%. The price of Bitcoin is down to 7865. Over the past 7 trading days, the price has been confined to a price between 7400-8000. The overall market conditions while oversold, has not been able to bring in buyers above 8000. In addition, the market structure continues to shift as...

SpektreSignal

The market is roughly equivalent to yesterdays volume at $251.74B. Dominance has risen to 56.13%. The price of Bitcoin is at 7950. Market dominance shifted and volume has moved back into Bitcoin. However, the price has failed to break above 8000 two times in the past 5 days indicating profit is being taken, while buyers re-enter the market at 7400. Both the...

SpektreSignal

The market is up to $251.98B. Dominance is down 55.85%. The price of Bitcoin is at 7900. Earlier, the price ran up to 8100, but was rejected at the resistance of the Tenkan (blue line). Volume is bullish but declining, and the stochastic RSI has crossed over. In addition, the current trendline has held for 4 days. Right now, the price needs to overcome ...

SpektreSignal

The market is up to $247.76B. Dominance has dropped further and is down to 56.05%. The price of Bitcoin is just above 7750. The current daily candle has formed a rare four-price doji, which signals indecision among market participants about which direction the price will move next. The stochasticRSI is oversold and forming a double bottom, and the RVI tells us...

SpektreSignal

BAT/BTC Strategy: Price beginning to break out from a falling wedge. Higher daily lows. Buy Around - 4282 - 4360 T1 - 4718 (10%) T2 - 5186 (20%) T3 - 5731 (33%) Stop-Loss - 4080 (5%) Risk / Reward T1 - 1 / 1.9 T2 - 1 / 4.0 T3 - 1 / 6.5 P/L Opportunity Upside: 10 - 33% Downside: 5%

SpektreSignal

The market has taken quick downturn shedding nearly $20B in the span of 48 hours. Right now, the market cap is down to $242.46B. Dominance is down to 56.13%. The drop in Bitcoin price has had an adverse affect on the alt market. As the price has dropped, the market dominance for alts has risen, which suggests possible short-term price decoupling between the...

SpektreSignal

Over the weekend, the market had very little movement and ranged between it's two critical levels of 8200 & 8800. The market is up to $267.88B, 2 billion higher than it was on friday. Dominance has lowered to 56.39%. The price is testing the wall of the ascending channel, and it is also testing major support at 8200. The descending volume indicates this...

SpektreSignal

The market sold off yesterday. It is down to $265.07B. Dominance has lowered to 56.45%. The price of Bitcoin is at ~8400. The price is testing the side of the channel, and the candlesticks are forming tweezer bottoms, which suggests the price could reverse, keeping the channel valid as we move forward. The candles with the lightning bolts indicate large moves...

SpektreSignal

The markets are volatile today, earlier the market was up to $283 billion, but dropped down to $270.34 in less than 2 hours time. Dominance is up to 56.62%. The price of Bitcoin is at 8600. The price of Bitcoin jumped to 9000 and quickly retraced to 8500 in a bout of profit taking from traders and bots. The price has 2 days before testing the ascending channel...