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.