yes, BTC(USDT) reached the all time on 29th october. Why everyone is so excited ? Not for the monetary positive results, but for the meaning underneath. We, the blockchain enthusiasts and crypto world. The world is oing against us, but we responds well. I am aware of the strong impact that ETFs, CBDC and institutional entites are playing in the last months,...
Do you see it ? I do see a good double bottom plus, a W pattern… With double bottom hit the 0.618 of long bullish leg on daily basis. I do believe the break out was meant to cover liquid zone, but the same time, the market is not going to recession on btc price (yet). The double bottom confirmed this : the golden ratio taken twice coincides with a strong range...
Does BTC is into a BARR pattern ? Right now, this is the most applicable pattern to the BTCUSDT pair. The lean phase is already over, as well as the bump that should have be just over and had created a reversal. If this new reversal will break the bearish trend line we can consider a Barr pattern, so a bump and run reversal pattern. The reversal will...
Hello everyone ! :) In the last few weeks, I stayed out of the market due its range position, now its time to review the analysis carried out in June. 1. I am happy to see that the overlapping strategy works: the BTC stayed on the range (last white line) which the was indicator for all the "things" written in the label 2. To recap, the pair saw a growth,...
Hello everyone :) Finally BTC has taken the first target (yellow horizontal line) The target was taken pretty slowly so we can consider it consistent in terms of volume, it's not just a speculative target so, strating from this wd. can found out the further target, following ofc the same strategy. Now, the volumes are consistent and, as always when it takes a...
yess Finally, first target taken! It was an interesting area since some coincidences and the inefficiency left behind from July. Next step, reanalyse the crypto, to find the further target.
since the bearish run is not finished yet, it's better to wait untill the yellow line, to see how the price will act and if the volume and the trend is sufficently strong. the yellow zone is defined for range, inefficiency and point of interest as 0.618 of short trend and last target for the last bearish run. Wait until yellow line --> first conferamation ...
BTC is into range. Need confirmation for enterning long : Break of structure @ 21000 circa and the range break. those are interesting days for BTC since if goes under liquidity spot, the bear run won't finish utill ends @16000 in the optimistic forecast, or even at 9300.00, as -0.27 fibonacci, this would be a problem for btc. Anyways I am minding a future bull...