hi friends. so finally we lose 1700 and 1300 supports :( bad news for ETH.and bad fundamental news for it too where MERGE upgrade overdued. no problem we see an ending wave C and we are compliting it. but remember these levels are good for buy but we should pay attention to macroeconomic news and happens. if inflation in USA and EUROPE dont go down wave C will be...
hello everyone i think we reach to 38.2% fibo level and also a trendline. we see two candlestick patterns too. one bullish engulfing pattern and one morning star pattern. so maybe we could grow to 200MA and then correct again. if you open a position dont forget too set your SL under this trendline and early bottom u see in chart. (!!!NOTE!!! my posts are just my...
thanks to my friend @MynameisTeo i made a mistake in my wave count. wave B cant go above wave A in zigzag structures (5-3-5) and i make a mistake in my super wave A count. i thoght this is a Flat structure and the second leg go above wave A (pink ABC that i show in chart) and make an Expansion wave B that typically after these type of waves we have a huge move...
Hello guys.today i want to explain how we can find important Resistance and Support levels in BTC according to onchain transaction volumes and trading or off chain volumes. when we talk about onchain volume means Vol of transactions recorded in blockchain. and when we talk about Trading Vol or offchain Vol means transactions recorded in exchanges. Comparing...
HI Friends. Today i decide to explain more about coming upgrade in cardano blockchain. without wasting time lets go friends. Vasil Hardfork: Another Network Upgrade On The Cardano Blockchain A hardfork is a software upgrade to a blockchain’s network, making previously invalid transactions and blocks valid. While many blockchains rarely do the hardfork,...
Hello all my friends. i hope you have good days and best things happen to you. i have a possible idea about BTC moves. in 1D chart historically we saw the first leg of correction with 5 wave ( I II II IV V ) that i mark it on my chart. then we saw an extend B wave composed from 3 sub waves (A B C). now we are in the third and final leg of correction i think ,...
I say Excuse me to masters and proffesional traders that see this post. i share this for myself and who are begginer traders like me :) I say these to myslef: Heeeeey Begginers please Follow this simple 7 Tips and you will success in trading. 1) Create a Trading Plan 2) Take Regular Breaks 3) Don't Quit Your Day Job 4) Accept That You Will Lose 5)...
Hello Friends. Today we will explain Aligator indicator on BTC Marketcap Chart. this post has 2 purpose: 1)BTC marketcap analyze 2)Learn how Bill Williams Aligator indicator works First lets see how this indicator works: The Alligator indicator is composed of three smoothed moving averages. It is named ‘alligator’ because it mimics the feeding habit of the...
hello friends. BTC Dominance is in an important zone. and its near 200 day MA and maybe we touch this MA at 42.7 and then pullback. if this section happen we could rally up to 45% and 47% that shows a massive correction for altcoins. if we lose this 200 day MA we could go down to 41.55% and then 40%. if this happen we will see massive rally from altcoins. but...
Hi friends today i want to explain ETH 2.0 phases in short. like you see in picture above it explain our need to ETH 2.0 so i will summarize phases below: Phase 0 : Beacon Chain Phase 0 is the name given to the launch of the Beacon Chain. The Beacon Chain will manage the Proof of Stake protocol for itself and all of the shard chains. Once Phase 0 is complete,...
Year Bitcoin Price ($) Change ($) Year-over-year (%) 2022 47,743 18,351.22 62.44 2021 29,391.78 22,203.31 308.87 2020 7,188.46 ...
DXY (US dollar index) is in a vital resistance. if we have good news of inflation this week we can see a good correction in DXY. and this is reason for improvement of risky and parallel markets like crypto and stocks. according to this level i think we have a little correction and after that we should update our analyze. also we can see a three top reversal...
hello everyone. we see a breakout from upward channel and maybe we have a pullback to upper line and after that we go upper. increase in USDT.D means that we have another sell-off in market. maybe we will see new bottoms for BTC according to this section. !!!NOTE!!! my posts are not trade or invest advice and you should do on your own opinion. please be...
hello friends. hope u are good. you can see in my chart that maybe we are in 4th wave and we can grow till 50% retracement level (or maybe 38.2 or 61.8) and after that we can fall. also we can see the RSI trendline breaked up and it can be the buy signal. we see a divergence between RSI and price that i show it in my chart with orange circles. we see the stoch...
hello everyone. we have the more important candlestick patterns here. these patterns are powerful when occur in 2 situation together: 1)on top or bottom of a trend 2)when we are at an important support or resistance level. combination of these patterns with other technical patterns and tools can be very useful and powerful also. hope have good trades.
Hello friends. are you okay? thanks god... because crypto market open green in monday we can still see it bullish for mid time. and we have some factors that show this opinion and strenghen our analyze lets look at them : 1-we can see two important levels of fibo retracement around CME gap. these levels are 38.2% and 61.8%. so we have an overlap area here. 2-we...
hello friends today i want to tell you how can you peredict altcoins behavaior according to the bitcoin price and bitcoin dominance. so come with me to say you how it works: liek you can see in below chart : if BTC price increase and BTC .D( Bitcoin Dominance) increase too ====> Altcoins price decreases. if BTC price decrease and BTC .D increase ====> Altcoins...
hello everyone. today i want to explain the relationship between price and volume and open interest. we know that open interest means the number of positions (long/short)that is open.(in short OI) if the price going up and volume and OI is going up too we can see very strong bullish sentiment in market. if price going up but volume and OI going down it means that...