crystoba

crystoba

With BTC acting iffy I'm expecting the H4 uptrend to break down to retest support in the demand zone . SL under previous swing low offers a tight risk definition with high RR. Targets around $1.98 and $5.00.

crystoba

Futures market for E-Mini S&P, E-Mini DJI and E-Mini US100 opened with a bullish signal indicating potential upside for the week ahead. With DXY loosing strength and a strong negative correlation to BTC I am expecting that BTCUSD will find support with little resistance to return to the 10.5K area. Interestingly XAU is in a small downtrend while BTC was able to...

crystoba

Howdy folks, Pretty neat pattern which I'm expecting that it will take us back to the $350-354 range after failing to break above $378. If we don't find support in this area I'll be looking for a retest of the monthly support at $346.69.

crystoba

Hey folks, Pulling the Weekly BTCUSD chart today to see where we are in this pullback and breaking news... We're still bullish! Sometimes you just need to zoom out a little bit to see the big picture. We gained an important weekly SR level when we broke the 10K level (~$9948). Generally speaking, all important levels once broken need to be tested so we can...

crystoba

This triangle pattern has been going on since mid 2017 and is about to come to an end! These pattern will generally breakout after 3 cycles of touching the highs/lows. My bias is bullish on Bitcoin as a lot of the DeFi hype will continue to lock in more BTC and more ETH out of the circulating supply. Bears will likely get exhausted soon and the following rally...

crystoba

Market is in a tight position with SPX fuel running low after a spectacular – and rather unbelievable if you ask me – rally. We are seeing gold staying stable while Bitcoin took quite a hit. This was however expected after touching the $12K resistance many time and failing to break through. DXY still showing signs of weakness while VIX is approaching a level of...