Btc-usdt
PIVX USD Inverse Head and Shoulders Neckline Broken, Target $.85PIVX is on the move and being accumulated it looks like to me. PIVX had a multi year correction consolidation which is understandable considering it went up 667,000%. That's right Six Hundred and Sixty Seven Thousand Percent. So anyways PIVX found some solid support around the $.10 cent mark and is now starting its next bull run. There is an inverse head and shoulders on the weekly that looks like the neckline has been broken and the measured move is around $.85 cents. My long term target for PIVX still stands on the macro, to around $100 bucks. PIVX hasn't stopped working and improving their project this whole time in this bear market they have been in. PIVX has some serious privacy features with a blockchain thats never been hacked or attacked because its practically impossible. Either way the fundamentals are there and the chart is showing a bottom. PIVX needs exchanges, thats what the team need to really work on next. Maybe create their own? What because its a privacy coin it wont be accepted on exchanges? Bullshit look at Monero it has over a hundred exchanges including the largest ones. PIVX is a diamond in the rough. Privacy will become a massive issue in cryptos when it is used mainstream, everyday by everyone, and these cryptocurrencies that have been around for almost 10 years that have withstood the test of time will be the ones adopted and used. These are just my speculations and ideas. This is not trading advice. Thank you for checking out my charts, leave me a comment below and let me know what you think. If you like my ideas then please dont forget to give me a boost and like my chart.
THIS IS A LINK TO THE PREVIOUS MACRO CHART I MADE ON PIVX A WHILE BACK
DXY EXTREME BEARISH DIVERGENCE > ABOUT TO COME STRAIGHT DOWN!DXY Has been on a tear but I think thats about to end and I think it will end very quickly. There is multiple very strong bearish divergences on the weekly, across multiple indicators showing that a major move down is coming. I think we have reached the top for the DXY for a while and its about to tank. Dont know whats around the corner as far as news but something big is about to come out thats going to kill the DXY. This is not trading or financial advice this is just my opinion. If you apprecaite my work please consider giving this chart a boost and follow me for more updates. Thank you and good luck my friends.
BTCUSD Long TermSo this is an indicator based on a glassnode metric that I did and don't try to read it directly in relation to the price - They are independent from each other.
One thing that can be correlated though, is the behavior. Each time It has shown signs of flattening or strong bounce - it was a good time to buy.
Right now we don't see neither. I'm not investing yet.
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 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.
ETHW BOTTOM IS IN! NEXT RUN UP ABOUT TO START, ALL ABOARD!ETHW looks like its about to make its next run up. This will be wave 3 and the previous high around $14 will be a blip on the chart. I can see ETHW running to about $40 on this next run and possibly higher depending on how much attention it receives. I think the bottom was around $7.60 like I predicted in my previous chart which was major support. Invalidation of this idea would be a break of $7.50 and a close on at least a 4 hour. If that happens then I would expect a move down to next support around $5 with wicks down to about $4. At that point we will revisit and re-evaluate. I dont think this will happen though, I think ETHW has found its bottom on this wave 2 correction. This is not trading or financial advice this is just my opinion. Thank you and if you like my work, please support me by giving me a boost and follow me. Good luck out there everyone.
This was my previous charts showing the move that was just completed.
BTC Between MA21 and MA50 (Day TF) - Good Chance for LONGHello, I am Tommy.
I am using a Naked-Chart! It's very easy to follow.
BTC is moving between MA21 and MA50 (of Timeframe Day). The price is currently at a slight support area ~ 19,5xx
In my experience, when the price enters this area (between the MA21 and MA50) from below both lines, and not for the first time, there is a high probability that the price will touch and tend to break out of the MA50.
> Our first target will be at the MA50 for a long position.
> Entry at 19,500
> STL: 19,100 (Day candle closes below MA21)
Happy trading!
BTCUSDT LONG @20750 SL18750 TP27750BTC is around 20300 USD right now. This is also 8W MA level.
The price is about to break the 67k-17k downtrend.
If and only if, BTC goes above 20750 USD in the coming 2 days, then I'll take a long position, by expecting BTC to go around 28K fibonacci level.
#Long @20750
SL: 18750
TP1: 24750
TP2: 27750
RR will be around 2.75-3.
New Crypto Millionaires are almost ready to be bornA finfluencer said today on his Instagram reels: 'On the topic of Bitcoin dominance ( CRYPTOCAP:BTC.D ) I really dislike this metric. I don't think that is very relevant any more. The reason why I say is that because 1. it includes stable coins, which stable coins have an enourmous market cap and continue to grow as market matures. The issue with including all altcoins is that is very easy to create new ones that don't necessarily have any true value but they get included in the CRYPTOCAP:BTC.D calculation thus lowering it despite not actually making any major difference'.
I was curious and felt challenged. What I have found out was similar to Einstein's Eureka moment. The claim is that USDT market cap ( CRYPTOCAP:USDT ) plays a significant part in CRYPTOCAP:BTC.D but it gives an distorted image. I distracted CRYPTOCAP:USDT from CRYPTOCAP:BTC.D to see till what extent there is a relation by using their relative strengthness.
There is not much data and because it probably happens in every Bitcoin cycle only, next conclusions I can draw:
1. if CRYPTOCAP:USDT crosses up CRYPTOCAP:BTC.D and maybe as 2. condition at the same time BTC price crosses up EMA 21, you can start hodling;
2. as long as the CRYPTOCAP:USDT remain above CRYPTOCAP:BTC.D no need to panic as long as you are a day trader: every time BTC price close below EMA 21 you can take profit on your spot position and/or consider short and every time price close above EMA 21 you can buy spot and/or consider long position;
3. if CRYPTOCAP:USDT crosses down CRYPTOCAP:BTC.D you stop/continue hodling and/or consider a short position;
4. as long as the CRYPTOCAP:USDT remain below CRYPTOCAP:BTC.D and the BTC price hits EMA 21, consider this as to open short position;
5. if the CRYPTOCAP:BTC.D is decreasing below 50% level and the BTC price is increasing and remains above EMA 21 (see arrows): the best moments to create altcoin baskets.
Hopefully the history will repeat!