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Today is Sunday again, and this week has not been the best one we could've seen. We started pretty chill until we rallied 42.5k$ and then rejected the next day. Then we ranged at the same prices, with little spikes. So, what's my opinion for next week? I think that a short-term bearish scenario is more likely to happen now, as we're holding above 40k$ for...

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I haven't posted a HTF update since two weeks ago, so I'm really excited to talk a bit about the monthly chart, which are really showing that Bitcoin has been sitting in the same range for a pretty long time, something that hasn't really happened after we rallied to 65k$ in April. When this candle closes, we would have 3 opens and closes at pretty much the same...

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It's time to write the Weekly Review. This week has been one really volatile, as BTC rallied to around 45k$ before retracing again to 39k$. What's next? I personally think that this is the time when we set the final trend. Yes, I know how inexact this can be. But I really think we're at an inflection point on higher timeframes, as I've already shown in my last HTF...

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In the last traditional markets post I talked about how the SPY could repeat 2018's pattern. Today I'm going to add confluence to that as gold has broken some important resistance levels. We closed this week at 1970$ despite of the last week's big wick, something that, to be honest, I didn't expect. I've also added the volume profile since the ATH, and something...

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This is probably the best time to look at the weekly chart: the downtrend from 69k seems to be reversing. We've set a higher low and BTC is heading upwards. All of these signs mean that whales/market makers are starting to accumulate coins for a potential rally. As I said in previous posts, my target for this bullish trend is at 47-49k$. There is a high volume...

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Today is the end of the week, and tomorrow is the end of the month. As I've already said in yesterday's, the Ukraine vs. Russia conflict has affected all the markets. <As always, both bullish and bearish scenarios can play out, but I turned bullish since we rejected 34k$. This doesn't mean we will go up in a straight line, but I do think that 47k$ is a target...

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I haven’t posted anything since Wednesday, and a lot of things have happened. Putin has started to invade Ukraine, but stocks ended up closing higher on Thursday because Biden reaffirmed that the US is not going to get involved in the conflict unless NATO needs to defend. Starting with the technicals, we set a lower low on Thursday just above the 409$ nPoC. I...

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Today I'm going to bring you a HTF update on ETHBTC. Yes, ETHBTC. Unlike the rest of my TA (usually based on volume), this one is more of a market structure view. We've seen ETH losing strength since the start of December, when we reached yearly highs. Now we're consolidating in this 0.07 zone, where I've started to see something like summer (marked in yellow)....

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Our bearish scenario from our last weekly review has played out as I predicted, with a retrace slightly below 39.6k and then a move to around 36k. Until now, the trend hasn't set any higher highs, so I'm still not convinced of the uptrend continuation. I would trade the retest of the previous high (which coincides with the VAH since we lost the 40k level). If we...

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As I've been calling, we retraced to 38.2k (the bottom of the fair value gap, similar to a low volume node). For now we've been making higher lows on low timeframes (such as 5m) since we finished this last dip. That makes me think the pullback is going to be stronger than at any other level since we dropped from 44k. A bearish case scenario would bring us to...

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Today is not Sunday, but I’m bringing you a special update, as we’re hovering around the 40k level while ETHBTC has been trending up in the last days. This is clearly a bullish divergence, because usually alts are more volatile than Bitcoin, and as we see, that’s not happening right now. This means that the downtrend is weakening and we’re expected to see a...

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Today I'm not going to come up with a long post, just because I don't feel it's needed. As I just said, BTC touched 45k before retracing down to 42k, and trend seems to be weakening. We still haven't touched our yearly VWAP (the one that I mentioned in my previous post too) so I think next week's price action won't be anything but just a consolidation of current...

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Price action wise, we broke that solid 40k level and we've been ranging since then. This is the main reason why I think movement is going to define at the start of the next week. I personally believe that a consolidation is coming first, maybe not to 33k as I've been calling, but 40k seems like a nice level to retest and continue the rally that we started at the...

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Since the low on the January 10th, Bitcoin rallied to around 44.4k. To find out levels of support for a continuation of the uptrend, I used volume profile (it represents the volume traded at each price). We are bouncing in the high volume node (or HVN) in the 43.4-42.5 zone and we've been retesting the low volume node (between 42.5 and 42.1) 3 times. ― To keep...

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Ignoring the fact that there were rumors that confirmed Amazon accepting Bitcoin this year, and later other coins (speculation that Amazon declared to be false later) we are still on an uptrend. We can see that a recovery is going on now, and if we enter again in the channel, we can expect to touch $2400 in a few days. Another thing we can see is that the...

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Bullish Scenario: We pass the previous high and arrive to the "ATH Correction " line. As Stop Loss, we can look at the 50 MA (on a bullish market it acts as a support level - Blue Dots). Bearish Scenario: the red line may become a strong resistance again and we could fall below 200 MA.

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Bullish Scenario: the red line breaks in the symmetrical triangle and we arrive to the previous high which is a major resistance level. A correction (above the 200 MA level) is possible Bearish Scenario: the market can't break the red resistance level and we fall below the 200 MA level.