In the last years, BTC touched the 200 SMA on weekly charts three times. During the COVID crash, it also plunged to the 300 SMA. Will history repeat this time? 300 SMA on weekly sitting on 16K or more -23% to go...to hell and back together let's see what happens in the next hours or days. RSI is extremely oversold, even more than Hash Wars 2019 crash. The bottom...
Some hopium. BTC is on the verge of printing a " buy signal " (ATR+Supertrend indicator) after 3 months in a "mini bear market'. This trading system was very reliable in the March 2020 plunge (#1 reversion signal) and May 2021 market correction (#2 reversion signal). How is gonna be this time? Also the MACD Daijyunkan is at an inflection point similar to the...
BTC / USDT is showing strength on the daily chart. After breaking off the 4-hour chart (setup presented yesterday, long - related ideas), BTC bounced up on the 100-period moving average. After a long period, MACD is turning bullish and DIDI index is 'needling' moving averages (long setup) on the daily chart. Still needed trendline breakout around 11,000 USD to...
ADA Cardano broke downward tred line. Bought ADA at 5400 satoshi as this candle confirmed this operation.