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alcoholic-semen-thrower

Just for overview if we are going to head lower Areas of interest set with the VP & Fib

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Ryan: I think everyones being a little silly 🙂 🐻: ... 🥤 Ryan: We are going to all time highs 🙂 🐻: Drink this Ryan... 🥤 Ryan: Gulp.... 😪 ehhhhh.... 🐻: Yessssssss..... drink up now... there you go Ryan: 😴

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Economic Indicators Comparison (2007 vs. 2024): In both 2007 and 2024, several key economic indicators show notable similarities, suggesting the market faces comparable macroeconomic challenges: Unemployment Rate (September 2007: 4.7%; September 2024: 4.2%) US Inflation Rate YoY (September 2007: 2.5%; September 2024: 2.5%) US Housing Starts (September 2007:...

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Currently, we are observing a divergence between the U.S. Dollar Index (DXY) and Bitcoin (BTC/USD). This divergence is notable because the DXY is showing signs of strength while Bitcoin appears to be under pressure. Historically, there has been an inverse correlation between the U.S. Dollar and Bitcoin, with strength in the dollar often translating to weakness in...

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As we enter Q4 (October 1st to December 31st), Bitcoin is testing the crucial $58k support level, a price point that has acted as a pivotal zone in past market cycles. This level could serve as a potential bottom for the current correction, offering a possible recovery point for the final quarter of 2024. Market participants should closely monitor price reactions...

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In a world where the line between reality and crypto-fantasy blurred, Moo Deng, the tiny but mighty pygmy hippo, found herself on an adventure like no other. It all began on a particularly humid day in the Khao Kheow Open Zoo, where Moo Deng was lazily sunbathing near her favorite mud puddle. Little did she know, destiny—or perhaps just some glitchy blockchain...

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The chart represents the price action of Silver (XAGUSD) on a weekly timeframe, spanning multiple decades, from the late 1970s to the present. It shows major price cycles, long-term support and resistance levels, and key price patterns. The chart is designed to highlight a large cup and handle formation that appears to be developing over a long period, potentially...

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Impact on Bitcoin (BTC): The DXY’s movement often has an inverse relationship with Bitcoin. A rising DXY typically exerts downward pressure on BTC, as a stronger USD reduces the appeal of alternative assets like Bitcoin. Conversely, a weakening DXY can provide a tailwind for BTC, encouraging capital flows into the cryptocurrency. Historically, the 12 EMA and 50...

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1. Current Situation Bitcoin is experiencing a significant downturn, reaching levels not seen since February. The primary concern is how much further it can drop, with potential for a short-term bounce. 4. Current Price Action and Short-term Projections - Bitcoin has already seen a 25% move to the downside from its recent high. - Short-term projections suggest...

alcoholic-semen-thrower Updated 

In the Fibonacci retracement indicator, using the 0.382 level as resistance and the 0.236 level as support has specific implications: 0.382 Level as Resistance: When the price approaches the 0.382 Fibonacci retracement level from below, it often acts as a barrier that prevents the price from rising further. Traders view this level as a potential selling point...

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Disclaimer: Cryptocurrency trading involves substantial risk, and past performance is not indicative of future results. This analysis is based on historical data and technical patterns and should not be taken as financial advice.

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1/2 of this analysis: CRYPTOCAP To enhance my analysis, I have incorporated the Crypto Total Market Cap Excluding Top 10 and overlaid it with the MVRV Z-Score indicator. This combined approach offers a broader perspective on market dynamics by considering the performance of alt coins alongside Bitcoin’s valuation metrics. 546 days from halving will mark the...

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Introduction In this technical analysis, we delve into the significance of Bitcoin halving events and their impact on market cycles. Specifically, we will examine how the Bitcoin market behaves within 546 days following a halving event, using two critical indicators: the MVRV Z-Score and the Hash Ribbons. These tools will help us identify optimal areas for...

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Chart Analysis for Axelar (AXL) Potential Price Target: $0.44 Volume Profile: The volume profile reveals a significant cluster around the $0.44 area, indicating a strong level of interest and potential support at this price point. This suggests that if Axelar's price were to decline, it could find substantial buying interest and consolidation around $0.44. ...

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Good day, Behold, we stand upon the precipice of greatness. The herald of prosperity, known as 'The Dragon Face Signal,' has emerged as a revered omen in the annals of the 21st century. With an astonishing precision of 900% and an unmatched record of victories at 100%, it stands as the mightiest among all the portents that grace our path. Not even the fabled...

alcoholic-semen-thrower

Touching bottom side Volume is trending down Reached the bottom side of the triangle We are at 70% -80% which is where breakout usually derive from

alcoholic-semen-thrower

Note: Reset Divergence Indicator (-1.24) - set back to 2012 which had a major ru

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Hi, BTC vs DXY www.loom.com DXY just played a descending triangle which would be a good thing if it bounces off resistance and continues down trend: (See Image) tradingstrategyguides.com