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Price action is looking good, a bit hesitant on the last candles possibly also due to the upcoming holidays, the sectors are respected to the letter . Overhead resistance at $49255 , we break that and we move in a bog sector has low overhead. If we fail and break we have a good support at $47500 Keep this current BTC price action and the ALTS can grow. Overall...

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Starting this update with the sector update. On the daily chart we are in a sector that has a high of $49307 and a low of around $45613, the negative point here is that we are closed below the 200 MA. Now that doesnt spell bear right away but it's certainly not bullish aswell. The 4 hour chart There are two main formations we can establish on the 4 hour...

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Visible on multiple timeframes, we can see a higher low and a candle formation that makes us think W , not very well defined but still there. The price action has barely pushed through the local fib pivot on the 6h timeframe, located at around the $50k area. We are now opened above this level but the level is low, partially due to the week end type of activity....

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Multiple patterns can be plotted on ETH's chart. 👉On the 1D we have an ascending channel and we find ourselves in the middle right now. 👉On the 6H we have a falling wedge. The price is currently consolidating above the 200MA . In order to continue we need to break above and close the $4600 level. The dynamic of the price is of course influenced by macro...

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Chart into sectors both with trendlines and cyclic lines. Can provide a better view of the price action position.

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On the 4h chart BTC can potentially revisit local support before breakout end of the Week End. We can also determine a triangle formation that has the same base as the ascending channel. On the daily we have a falling wedge and with the support we have a confirmation that the price can reject on that level of $53k . Summary: -Important support @ $53k that...

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ZEC left the local triangle area now closing above the top descending trendline.

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Daily outlook Waves and cycle lines lead to a potential touch at around 92k-95k on the 25th December. If the cycles play out like the first three this can indeed be a Merry Christmas.

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Daily outlook: Bitcoin is still following a bearish pattern as the quick retest of the 54K region happened dragging most of the altmarket with it. As indicated in previous video and text update we are starting to have some serious overhead resistance in the region of 61k-62.5k. In order to become seriously bullish we will need to close above these resistance...

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Price continuing to glide along the bottom part of the ascending channel, also we are in a secondary, smaller formation that is a triangle. Unless we get out of the triangle we should not make any more. Patience with SOL. BIAS: Bullish

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#BTC/USDT (3D) Price is repeating the exact same pattern we saw in previous cycles 1) Correction before OCTOBER 2) Breaking local ATH on OCTOBER Monthly candle 3) Pumping Heavily in NOV -DEC 4) Bear market starts in December/Late Januarry followed by insane alt-season

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Confluence point , trade to be posted in the high risk channel

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First of all why ETH and not BTC? That is because the attention has been shifting to ETH because of multiple factors. Lets take a look at the 3D chart and map out our position: First of all note the support and resistance areas in the chart. Main resistance area - $4000 Main support area. - $1700 The biggest vertical distance in what seems to look like a...

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Never good to reject under a trendline, especially one that is in confluence with a big fib and another horizontal trendline. A retrace is forming now and the bears are looking for their shot to make $15k possible. We are now just shy below the 200 MA and on the 12h chart that is huge. It means that positions can now be SHORT biased, or in other words that we...

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⭕BTCUSDT Update Last BTC trade was invalidated, in my opinion it was worth the risk. Now let's take a look at the current formation and compare it to the last retrace from the 30k support that happened on the 26th June. For this analysis i will focus more on the Ichimoku cloud formation, volumes and some fibs. What happened on the 26th June? - We rejected...

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All the rumours about MSFT and AAPL getting balances into crypto aren't worth anything until we see the proofs. But if we do get proofs all this idea will get invalidated! Technically BTC will exit the current triangle today or tomorrow , my guess is that is's going to be on the lower side to test the 28k level which is pretty strong , the aggregated orderbook...

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A quick look at BTC and we can see that the hourly has rejected at the descending trendline. Nothing special about this predictable move , the possible scalp i have drawn out has a bad RR ratio and i would not advise it . I am more interested in the larger aspect of things as the FUD and FOMO news clash into an amazing war of nothing news. The daily is...

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Looking at the formation from a Wyckoff perspective, we are on track. The current retest is ongoing and can down to $32500, if the test is proven successful for a bull move we will continue on the upside to form the first LPS .