🔥 Bitcoin Volatility Lows: Massive Move GUARANTEED 🚨If you enjoy this analysis, please give it a like and a follow.
I've made several analyses on Bitcoin's extremely low volatility over the last couple of weeks. In this analysis, I want to take a look at yet another metric that measures volatility: BVOL7D, on the daily chart.
On the top chart, white, you find Bitcoin's historical volatility. On the bottom chart, orange, you find BTC's price on the log scale.
Once BTC volatility reaches the yellow area, it indicates that volatility is extremely low. Historically, this has ALWAYS correctly predicted that a huge move was coming. Furthermore, 3 of the 4 previous moves were bullish.
Keep in mind we can continue to trade sideways for some time. But, I can guarantee you that a big >20% move is coming in the next few weeks. The million dollar question will be whether we're going to pump or to dump. I've made multiple analyses on either potential direction recently, but my bias is to the bearish side. Happy to be proven wrong!
Do you think we're going to see a big move soon? Which direction are you trading? Share your thoughts in the comments below 🙏
Bitcoinc
AW Bitcoin Analysis - Part 2 - Small Degree Wave Observations...Just another quick follow up video correcting the count of the previous video.
I find it slightly amusing how the volatility started picking up not long after the previous video.
It looks like the move down is starting to take place.
We should start to see price fall dramatically very soon.
That first video is linked down below.
Correction: There was a news event and seems to be kicking things off.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
$BCH Looking To OUTPERFORM It's Peers- Bulls? WYA?+Just a update on BCH, We did have a nice move up and attempted to brute force that KEY area, but the Bears weren't having it and we took a shot down... Although, BCH is about to VALIDATE that last low and really start to dig its feet in and start pushing possibly. Both Indicators are showing at Hidden Bullish Divergence at the pattern completion zone @ the 886, This is textbook and from strictly technical analysis, this following the same parameters in recent history before a next leg up... Pushing past that Supply Line will let this thing RIP
🔥 ADA Bearish Pennant FormationAfter BTC and alts caught some breath today, it appears that the bearish trend will continue for now. In case of another bearish move, ADA could be a contender for a good short trade.
During ADA's amazing run up over the last few weeks, a classical bearish pennant is forming. With BTC falling, this pennant could signal a big drop is ADA's value over the next two weeks or so.
One could either wait for the pennant's support to be broken, or one could trade the current short term downward move.
Happy trading!
BCHABC/USDT - Bitcoin Cash Trending UpHello Tradies!
There's so many people focused on BTC it's getting a bit boring.
As promised to Purple Crypto members, here is my analysis for BCHABC/USDT (or Bitcoin Cash). It is showing positive signs of an uptrend on multiple charts. On this 12H chart:
- rising Stoch RSI
- rising TRIX
- rising MacD
- some selling activity and
- a steep rise in the stoch RSI on the 1D chart - it has yet to hit the peak.
I shared my initial private analysis with Purple Crypto Premium members 2 days ago - great prep for a buy. This one was drawn up at that time for the purposes of Wave 1. Note that it will overshoot the top trend line if it continues upwards.
I believe that we have just completed Wave 1 of this round. The good news is if this is Wave 1, it doesn't look like an extended wave...so we know what's coming. :)
FYB (benefit), I've marked out on the chart where I believe we are in comparison to a similar previous rise.
Signals were provided on Purple Crypto Premium which generated a 7% profit on the first rise in under 12 hours...with more to come!!
Diversify, diversify, diversify....
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(I don't see anyone talking about BCH right now so let's see who copies my chart/idea - I'll be adding a link to this chart to every single "Top" copycat's chart...lol).
Cheerio!
5th leg incomming for Stellar? In my opinion Stellar is currently in wave 4 of the Elliott wave principle.
Wave 4 is typically moving sideways for some time, which it did. It often retraced to 38,2% or less of the 3rd wave.
Wave 5 is often smaller than wave 3 and similar to wave 1.
As shown, if wave 1 = wave 5, Stellar will be going back to previous highs, hitting resistance again at around the 830-850 level.