spilkerBTC

spilkerBTC

The ETHBTC pair has been on a steady downtrend for the past 2 years. Given that the next bullish cycle is quickly on its way, I am guessing the low is very close for this pair. Going long within the next few days seems like the most optimal entry point. I'm expecting the next swing to take us back to the primary resistance zone at 0.0825

spilkerBTC

Fetch.Ai is a great choice for the upcoming alt season. Target prices: TP1: 5.0 TP2: 9.25 TP3: 15.0 Invalid below 0.80

spilkerBTC

Bitcoin dominance has been growing in the past few days as it outperforms the rest of the cryptocurrency market after the sharp drop last week. Many things are pointing towards Bitcoin continuing to outperform in the short term as we gear up for the next parabolic bull market. However, alt season is very close and, once BTC confirms it's breakout towards 100k, a...

spilkerBTC Updated 

BTC is at ATH levels already without taking a breath on the way up. I believe we will see some heavy sell pressure at these levels which will push the price down for now. Here's some of my reasoning: BTC has seen a sharp rise since the beginning of this year with no time for it to breathe. Cyclically, ATH breakout occurs November of this year which is still 8...

spilkerBTC

Litecoin recently underwent its halving event on August 2nd. If we look at how the price reacted to each halving, it typically trends downward for about 1 year before it sees its bull run. Litecoin is no different than BTC when it comes to its cyclicality. Here's a chart I published early this year: You can see how BTC tends to move in very distinct cycles...

spilkerBTC Updated 

Litecoin's halving occurs ~August 4 2023. Typically bullish momentum picks up before this. I believe LTC will see a very strong 2023.

spilkerBTC Updated 

It is very likely Bitcoin has already reached its lowest it will reach for this cycle. It is smart to start buying in these levels to take advantage of the consistent cyclical nature of Bitcoin.

spilkerBTC Updated 

Snapchat has fallen 38% on its earnings report. I am going long here with the idea of a rebound to previous support level at 12.0 Entry: 10.0 Stop: 9.5 Target: 12.0

spilkerBTC

It's been a rough year for Bitcoin and crypto investors. However there is a lot of support here which could push BTC's price back upwards of 35k. Bitcoin's previous ATH was 20k and we are currently hovering right above those levels. We are testing the 200 week moving average which has been a reliable source of support throughout Bitcoin's history. I would guess a...

spilkerBTC Updated 

OXT saw a nice rise yesterday as the crypto market becomes increasingly more attractive to buyers. Typically the market favors BTC/ETH first then money cycles into mid and small caps. Entry: 0.2665 Stop: 0.25 Target: 0.38

spilkerBTC

Litecoin is developing an adam and eve reversal pattern. More upside could be coming. The LTCBTC chart is also breaking out of a falling wedge.

spilkerBTC Updated 

Bitcoin is seeing signs of a blow off top. Looking like there will be some downside from here. Watching for a break of local support at 8,500. Also, looking at altcoins we see an even steeper corrective wave forming. Stay safe.

spilkerBTC

Chart

spilkerBTC

Been looking at the daily/weekly and only see lower resistance. Let me know your thoughts.

spilkerBTC Updated 

Entry: 7355 Stop: 7480 T1: 6890

spilkerBTC Updated 

Entry: 8100 Stop: 8232 T1: 7800

spilkerBTC

It doesn't take a genius to see the market is incredibly bearish right now and a new low is likely on the horizon. Price has made consistent lower highs on both the intraday timescales and daily. I would expect a small squeeze up to 8,400 before the major sell off occurs, breaking 7,800 support. Might be an opening for a long trade once we reach consolidation, but...

spilkerBTC Updated 

Entry: 8399 Stop: 8490 T1: 8150 T2: 8000