UnknownUnicorn11898468

UnknownUnicorn11898468

Hello everyone. BTC has recently made a break above trend resistance to move to $24,300. Some things to consider: Once again, a lack of sustained volume with BTC has been noticed. This flaw comes back to bite it every time the bulls try to recapture gains and push BTC upwards as it greatly hinders their price momentum. On the weekly TF, volume has increased, but...

UnknownUnicorn11898468 Updated 

Hello everyone. In the past 48 hours, BTC has climbed up to try to retest the resistance level at $22,600. The trend on the weekly TF is still a bearish in a descending channel, on the daily and 4H TF, we can see BTC is in a rising wedge pattern. This assumes the price moves upward with pivot highs and lows converging toward a single point known as the apex....

UnknownUnicorn11898468

Hello everyone. This is an update from my previous BTCUSD idea, as we have some more insight we can use from our previous ideas. Some things to note. BTCUSD followed the d support trend as expected, losing momentum quickly from the $21,000 level to $19,000, and quickly bounce back to just under $21,000 at the moment. This movement continues to confirm our idea...

UnknownUnicorn11898468

Hello everyone. Looking at the 4H TF, we have some insight we can use from my previous idea. Some things to note: DOT quickly rejected 7.5 point as expected. We can see a double rejection which to me signals a strong further decline on the descending channel. Due to this, we stay bearish and the ideas from my previous post remain. I was able to get my SHORT...

UnknownUnicorn11898468

Hello everyone. You may have been seeing a lot of FOMO posts that promise 110%+ returns in incredibly short timeframes if you don't go all in on BTCUSD now, well, while observing the daily BTCUSD chart, the descending channel trend is yet to be broken and we remain bearish. I want to note some points: The current trend forming is incredibly familiar. We can...

UnknownUnicorn11898468

Hello everyone. On the daily chart, we can see major weaknesses in DOT, volume has been decreasing and open interest is down. What is interesting is that the 0.236 FIB support did not hold and thus continued its break lower in the descending channel. We can see DOT is showing a bearish bias. If the price moves below $6.15 support, we are strongly bearish...

UnknownUnicorn11898468

Hello everyone. We can see a recovery has been made on the weekly close from Friday. The performance on SPX has not been significant enough to fill the gap on the 3800 level and bearish bias remains. An increase in volume has been indentified, however MA has mostly been untested. Let me know your opinions below.

UnknownUnicorn11898468 Updated 

Hello everyone. As we can see channel trend was broken sending ETHUSD higher. A bullish Divergence identified. Can be happy placing long in relief rally on basis of peaked inflation from the fed. Let me know your opinions.

UnknownUnicorn11898468

Hi everyone! Hope you are doing well. After analysing technicals, I can see BTC/USD is set for a short-term relief rally which could bring us back to the $31,000 level. We saw today that the overall stock market sentiment and U.S job data was below expectations, which carried down the crypto market as expected. We are now back in the $28,000 - $31,500 range in...