Moon to Earth … BREAKING NEWS: From NOW I will post lots of analysis and updates ... so pls follow and pls check back frequently ... It’s Cosmo 😃 again, so let's get started: Summary of the Analysis for BTC/USDT (1 day time frame) Trends: Short Term - Bullish & Long Term – Bullish
Fundamentals: BUY - Circulating/ Max Supply = 89% --> BUY - 908 out of 1,000 Fundamental Crypto Asset Score (FCAS™ by Flipside Crypto) --> BUY - A- SIMETRY™ Rating (by Crypto Briefing) --> BUY - AA Rating with stable outlook by TokenInsight --> BUY - 99.8% out of 100% Asset Score™ by TokenInsight --> BUY - 85.18 Dynamic Performance Score™ by TokenInsight --> BUY
AI (Artificial Intelligence) by CENTRALCHARTS: BUY
Multi Timeframe Analysis: - 1h (1 hour frame): negative - 4h (4 hours frame): negative - D (1 day frame): positive - 7d (last 7 days): negative
My Opinion: BUY - Bullish over USDT 46,000
Support @ USDT 46,000 seems to hold. Traders may consider long (buy) positions if the price stays well above this level (Stop Loss Level = 1st light red line below current price). Next resistance levels are indicated as light green lines in the chart. A bullish breakout above a resistance line would increase bullish momentum. Signal Force (0-10): 8 = strong force
We are currently trading significantly below Monthly VWAP because of the recent dump. I expect BTC to retrace back at least to VWAP (currently @ USDT 55,000). Should we break significantly upwards there this would be an additional BUY signal.
RSI ( Relative Strength Index ): BUY
MACD: negative
BB Width ( Bollinger Bands Difference): LOW --> outbreak possible
Please note that as a Hedge Fund Manager I would NEVER go outright long = only buy ... I always have potentially underperforming coins or tokens short against the longs! The trick is, that (because of good research) the longs perform better than the shorts in all market situations. ... and that’s exactly what the big guys do 🤑: They always organize their Portfolios as a Hedge. Heard about this very successful trading strategy? With this structure you'll be able to make money 😍🍀💵 in all market situations and independent from the price action and level!
Pls like and follow as the next analysis will focus on over- and underperforming (compared to BTC ) coins and tokens again.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.