CRYPTO INDEX ANALYSIS!After an aggressive bullish rally the CIX needs a consolidation. We recognize that the ascending trend line is now broken and its probable that the chart will fall to its previous high which was a resistance and now becomes a support for the chart.
Meanwhile the Fibonacci 0.5 line is considered to be the next supporting force for the chart which is matched to the previous high and the RSI indicator is in the "over-sold" area. These factors combine means that the end of the bearish trend is near.
But the tweets from Elon musk and other crypto magnates should play a crucial role in this volatile time of the market!
Cryptoindex
DEFI Crypto INDEX 11th DecHi
here we have analyzed the DEFI which is the decentralized financials index which is acting like and index to the altcoins world
here we can simply see the downtrend in our price action analysis
it means we have chances of falling the main coins or top 15 coins in few days and then it is the right time to buy them and wait for their rally back up to the highest points
please mention your analysis in the comment section so we can have a better understanding of each other and trade together
thanks
DEFIUSDTPERP H12 HEAD AND SHULDER 13th DecHI
The crypto index is making head and shoulder.
It is highly possible that the price moves toward 890
we cam long it now...
please share your ideas in the comment section
Overview: The Bitcoin dominance still bullish!!!Waoh, that it's so bullish for the Bitcoin price gusy in the next weeks to months.
***So, invest in Bitcoin or trade Bitcoin to long term. The Altcoins/Bitcoin it's going to down the value!!!
Bitcoin Dominance - Technical saying down...Look's like Alt-Season after all. Well, let's not get ahead of ourselves but let us be realistic. And if we can being realistic is the best thing we can do. BTC dominance coming down is good for the alt-coins to bring back some of those satoshi's and some great trading opportunities.
I'd wait...
Ethereum - Zorax Prediction on 30 daysBased on more than 200 factors, Zorex shows that within 30 days from today, Ether will go down.
The accuracy of the latest forecast is 95%.
CRYPTOINDEX CHANNEL:
Channel t.me
Chat t.me
Website cryptoindex.com
NASDAQ and CryptoindexAs you can see on the comparison chart of Cryptoindex and the NASDAQ. The cryptocurrency market is practically no different from the market of traditional classical instruments.
On the chart, one can see the moment when Bitcoin did not meet expectations of growth and went down. This can also be seen on the chart.
We will follow the charts of traditional classical instruments and again wait for a general correction.
Cryptoindex correction?Hello, our dear community!
The trend that follows the last days tells us that in the near future it will be a quite possible price correlation.
The CryptoIndex also tell us the same on the 30 day period run.
Now the Bitcoin rate is fixed at $9200 and stably stays at this level. It is not yet possible to overcome the threshold of $10,000 if whales do not raise the price on any exchange.
The hottest news from Libra and launching of TON will also help direct growth upwards, which may appear on the index chart.
Simple index chart: Interesting way to look at crypto chartsI was looking at different index charts we can construct thanks to Tradingview, since a few days ago a client shared a few of these charts, and I liked how plotting LTC, ETH, BTC and DASH looked (multiplied by the supply, to get the market cap values). We have a clear bottom at support in this chart, and we can see that the market caps of all these coins can go up from here onwards, reaching the target on chart, as crazy as it may seem.
Best of luck!
Cheers,
Ivan Labrie.
