A correction is coming soon. Maybe started this week. How low will it go? Nobody knows. So many Bearish Posts. Permabears predicting cataclysm. The End is Near! Doomsayers who repeatedly forecast massive crashes will eventually be right, once every 15-20 years. Almost always these guys are just plain wrong. Markets exist to print money. Money prints when...
DXY has a (double) bottom pattern easily seen with emaflow bands - if trend strong (emaflow oscillators at the bottom) and fed balance & inflation increasing (or not decreasing at all) - we might get two types: 1. a double bottom purple is below red (mid trend) - this is bottoming event for dxy - for btc this means that depending on the existing trend btc...
BTC hit the Bull Market Support Band. We've seen this action many times in history. So, I'm not waiting for another dip. I've filled all my bids between 52.7-51.7k. If we have another dip under 51k, I will be %100 out to watch the market. However, I DO NOT believe that we will ever see any other dip. IMO, this will be the beginning of the new bull market cycle.
the Consolidation will break shortly, I don't believe we will see many candles within that pattern anymore if btc shows some volatility. the current setup favours the BULLS all the way. The bears will need a drastic shut down at resistance to scare bulls back down. Monthly opening candle starts today, and weekly candles look ready for leg up continuation. SHOW ME...
XRP is breaking resistance of a long term symmetrical triangle pattern. My target is back to the $2 mark in the next 3 weeks - Late November
The expected path of ascending waves based on Elliott waves for the entire cryptocurrency market, especially BTC
I believe Solana's growing popularity in the crypto space is akin to ETH's in 2017. We are in price discovery mode. We go in the past and try to predict price movement based off historical trends + current landscape. After using Solana since this past summer, I can say the user experience is unmatched. That's my thesis.
Hello, everyone! Last time when I made the BTC analysis, I spotted that now the price is in the local Wave 3 of the Global Wave 5, last wave of the current bull market. Today I am going to assume where the market top can be for the current Bitcoin market. The market clearly formed the 5-wave Elliott structure. According to Trading Chaos methodology, we should...
Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick update on Bitcoin. First of all, don't be panic. we are still in a bull market this is just a normal and healthy correction. Now let's get to the chart. BTC is forming a rising wedge channel in 4hr timeframe and trading inside it. If any 4hr candle closes...
We just broke our last major trend line of lows. We have 2018 trend lines 2 of them and we have 2018's trough as well as our last and 3ed target. MKTS should/could/might have a big run a head.
On the 4-hour candle chart, BNB is still looking very strong. Key-level at 500 USD is on the verge of breaking. I believe if this critical level is broken, the trend can continue strongly upwards. Other cryptos look also very strong which indicates good vibes for BNB. Maybe we can see the breaking of the ATH before next year?
Dear traders, I wish you all goodluck during the end of this cycle (I think this is the end.. It could be a super cycle as well) Here are a few simple tips: 1. Do not over-leverage 2. Do not have a hodl mentality 3. Do gradually take profits when nearing the top 4. Do apply proper risk management to your trading/investing strategy Goodluck, Doctor Hugo
Levitation like rallies and Apocalyptic corrections. BTC and by extension Crypto on whole, are in extraordinary Bullish momentum phases. As a former sceptic, semi-recent convert to the cause my struggle was not comprehending what charts were actually communicating. When the mind opened, wisdom was received. Buy w/Cash. Buy Dips, Hold, Buy Dips repeat x...
Many people are excited about #Bitcoin goint to 55K, however, the chart says it all. The only healthy way to carry on is to cover the imbalances created by this impulse and the chart is giving the signs that this will happen. I think it is very healthy for Bitcoin to drop top 52-51K before exploding to the updside.
For the simple related fundamental reason : currency devaluation. One must remain structurally Bullish on Australian Dollar priced assets. Single stock selection can prove challenging in such conditions, makes life easier for the market to pick the winners. ASX:XJO OANDA:AU200AUD ASX:STW Detailed Chart's to follow below - XJO Zmm's STW : ASX200...
In this first video, I'm going to show you why we are 100% in a bull market and why altcoins are going parabolic in October and maybe early november. It's easy: - look at the overall structure of the charts - look at the moving and exponential moving averages daily crossing - look at the weekly charts Also, I'm speaking about a new scenario when it comes to the...
I am NEUTRAL right now with the weekend coming and no confirmation either way, however, a couple patters I think could start forming are Head & Shoulders and Inverse Head & Shoulders patterns potentially for TRADE SETUPS EARLY to MID WEEK NEXT WEEK! BTC is about to print a new daily candle here soon. With the weekend coming up I expect mostly sideways price...