BTC-D
USDTUSD@coinbase as Short Term Gauge for BTCUSDT@binance dear fellows,
we've recently identified a leading to coincident relationship between BTCUSDT@binance and USDTUSD@coinbase.
although they do not always match, BTCUSDT tends to converge to USDTUSD in a matter of hours, when there is a gap, and follow it closely or soon after, otherwise.
we've observed that new lows or new highs in USDTUSD are indications of immediate revisiting tops and bottoms in BTCUSDT.
thank you and best regards.
BTC Detailed Top-Down Analysis - Day 87Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
87 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
$10,000 Bitcoin - The Breakdown To Open EyesYou might not like to hear this but I have had a deep dive into the historical bitcoin chart off the weekly time frames and I can see too many similarities from the 2017 bull and bear market to the 2021/22 bull and bear markets. From the duration of the move, the time from high to low and the distance it fell. I am not saying it will get there, I am breaking down history and putting it to today to give us all a bit more information.
BTC Detailed Top-Down Analysis - Day 86Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
86 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Detailed Top-Down Analysis - Day 85Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
85 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC Short 10 17 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
On the 3 min charts, BTCDown 3 candle confirmation occurred at around $1.144. This implies a current oversold condition for BTCDown. For safekeeping this time around, I waited for a 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart. This will be the safest oversold position for BTCDown.
based on this analysis, we should expect around 0.8% to 1.5% downward movement for BTC from this point. if you are really bearish, a 1.75% bearish move is within the realm of possibility between today.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Bullish 10 14 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Analysis:
On the 3 min charts, BTC 3 confirmation occurred at around $19,350. This implies a current oversold condition. Furthermore, 5 min chart was observed to see if conditions were met there, and they were.
The condition we are looking for is the gold moving average between the center fibs, and above the purple moving average. For safekeeping, one can also wait for a 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 3-candle confirmation above the lower dotted fib line on the 3 min chart. This will be the safest oversold position.
based on this analysis, we should expect around 1.5% to 2% upward movement for BTC from this point. if you are really bullish, a 4% bullish move is within the realm of possibility between today and tomorrow.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Detailed Top-Down Analysis - Day 84Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
84 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
BTC 4H analysisSince after the CPI index, the American inflation rate was in favor of the dollar and all the markets reacted to this inflation rate, I promise my dear friends that the trend of Bitcoin will rise and soon we will see that the trend of Bitcoin will be Sharpy. The coin is bullish, so wait for this trend and the range of 17900 to 18400 is the best place to buy bitcoin and take long.
BTC Detailed Top-Down Analysis - Day 83Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
83 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin: 50% Correction Ahead?Hey guys,
BTC is currently descending, and a decision will be made here shortly, that can lead to a huge correction down.
=> We will look at specific areas for the correction, where one could buy lower.
We're also gonna talk about the major macro picture with the stock market, since crypto highly correlates with it.
Have fun watching! ;)
BTC Bullish Forecast 10 12 2022
If you love the spot-on analysis done so far, please boost, share and comment.
Analysis:
BTC appears to be temporarily oversold at the moment because of VWAP crossing down multiple fib levels and the purple moving average is inside the center channel of the fib charts.
Furthermore, 3 candle confirmation above 3 min chart moving average was confirmed as well. It is anticipated that we might see a 1-2% upward today.
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
BTC Detailed Top-Down Analysis - Day 82Hello TradingView Family / Fellow Traders. This is Richard Nasr, as known as theSignalyst.
82 out of 500 days done.
I truly appreciate your continuous support everyone!
Let me know if you like the series, and if you would like me to change or add anything.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
It's a FIGHT Between the Bull's & the BearsWell, if you ever wanted to watch a live fight of importance between the Bulls and Bears you've got it happening right now. We really need to see what direction we are going. This is not just your typical daily round of non-sense battles. These are IMPORTANT levels to watch, and important levels being breached. We have made a new 52 week low in the SPX and we are losing our levels on Bitcoin that we have been watching.
IF these levels are lost things can get EXTRA DRAMATIC quickly for most of these assets.
I'll do my best to catch and report on the most major moves and plays, BUT I'm only one person, lol ... Be sure to keep in mind this is still a fully downward trend and Temp. bottoms do not mean they are THE bottom.