Zazuna

Zazuna

With this idea I am not trying to prove anything. Recently I bumped into the idea about Bitcoin and Precious metals correlation and BTC/GOLD looks interesting. Topic is open for discussions, what you think ? Do we still have a room for further price surge in terms of Bitcoin ? Please share your ideas in comments. Good Luck everyone on this choppy market.

Zazuna Updated 

BTCUSD, Are we going to face 35% Correction ?! (Local View) Let's take a look at local movements on INDEX:BTCUSD . Since last post Bitcoin moved in our favor, reached 38,500$. We have a strong bounce here, which is heading towards upper 40s as long as daily close was above big red candle. There is a probability, that Bitcoin is going to draw lower high which...

Zazuna Updated 

If we take a look at previous 2 notable cycles we easily notice similarities. From these 2, 2022-2024 looks more similar to 2016-2017, as long as we had - Breakout of downtrend line. ✅ Reaccumulation zone. ✅ Testing major bear market impulse (Which in all cases became strong resistance). ✅ What we didn't experience is correction after these 3 moves. In...

Zazuna Updated 

As we see USDT.D Bounced from long formed Support / Resistance zone, while tested it with long wicks several times. - RSI Divergence - Bounced From Support - Below 21 Week EMA