crypto-rookie

crypto-rookie

Greetings traders! Using inverted charts can be useful to avoid being too biased, and see things from a different prospective. There's many bears out there that refuse to see a possible BTC bull flag/bullish consolidation. I bet they won't hesitate to call this a bear flag ready to continue down. There is a strong horizontal level being retested from beneath,...

crypto-rookie Updated 

Greetings traders! A lot of talks these days about the end bull cycle, big crash coming and so on.. In markets anything is possible, even more in the highly manipulated Crypto market. So how do we know BTC will make new highs? Well, we don't know for sure, so we look at probabilities. We analyze data, statistics from previous cycles to find out what's more...

crypto-rookie

Greetings traders, USDT dominance (log chart) had broken down the macro trend when BTC started rallying end of 2023. As BTC peaked in March this year, USDT started grinding up and is currently re-testing those level from beneath, and has produced another lower high on August 5th. Another bearish pattern is forming, a rising wedge, that typically breaks to the...

crypto-rookie Updated 

Greetings traders! This is my very first analysis, so feel free to roast me in the comment section :) Ethereum has possibly hit a macro low (and it would be a higher low) and it's ready to go up. Simple analysis based on historical behavior, where ETH has always respected an upward parallel channel from bear market low until bull market top, and breaking down...