here i am showing you bitcoin's historical price action after every bull run.. if BTC follows similar pattern like 2013 & 2017 bull run our bottom can be $16000 to $13000 after smaller dead cat bounce by which we can retest around $40000 range.
NBS could be just coiling up for the next big run or really died. Set alarms at breakout levels and don't let this one goes without you... For now, it was boring, 12% up, 12% down, 12% up...
Matic is big shitcoin, the big bear pokes out its claws to teach newbies how to play this game. those who expect great perpetual returns will be bound to the great tear of karhu. it is not worth the sighs or false denials on telegram or discord channels. The only thing left is to trade with objectivity and the future vision that btc will be adopted by the states,...
The USDCNY continues to find itself in a solid downtrend. This is illustrated by the ADX indicator, which has been threading above the 25-point benchmark since late September 2020. The ADX reached a peak around the time the price action fell to the upper boundary of the last Accumulation range at 6.4700. Afterwards, the price went on to establish a false bullish...
Just plotting a comparison candle chart of Uniswap vs Cake. So its a UNICAKE chart. And would you look at that, it's dead! Some have been saying Uniswap is losing steam, but if you look here, it's been dead for a while now...
This can be false at all,i think like this and i dont like it :D
Price has been unable to rise clearly over the 40k level. Good news is that it almost reached 40,500 today before finding resistance to drop below support at 38,500 At this stage it is important to see Higher Lows! This means that if the price drops below the 36,000 level we run the danger of seeing a further drop / in this case the rise from 30k to 40k...
If we cannot break the overhead resistance quickly and end up going down then we are surely going to zero. Bitcoin is dead. Go home. :-))
Crypto is dead, will only hold at 8k (mining cost) or completely die. I was pretty bullish on crypto with 'Wall Street' accepting it (I had a quarter of my portfolio in crypto). But with China's new aggression towards crypto, it will continue to crash or even die. As most mining infrastructure, the majority of crypto assets and the largest trading platforms are...
Bitcoin has dropped below the 20week and 200day moving averages for the first time since April 47th, 2020. With a triple bearish divergence, a break of the pitch fork trend and floating below the 20wk MA..I cannot help, but read this as bearish in the short term until we secure a weekly close back above the 20wk MA. Not sure how much lower we could go, there is no...
In trading, "Dead Cat Bounce" refers to a temporary recovery that occurs after a sharp price decline that is usually followed by a downward trend. It can be defined as the chart phenomenon that occurs during a bearish movement. Basically, it is an expected correction on a brutal fall in prices. In the market jargon, it is a trap for the bull traders. Bulls, Stay Alert!
The NZDCAD is about to test the strength of the ascending trend line. If it manages to break down below it on the third attempt, this would likely allow the pair to probe breaking even further down south - towards the previous swing low. Upon completing the last 1-5 Elliott Wave Pattern, the pair is currently developing a corrective ABC pattern. Notice that the...
changed from 15min to 1hr and charted the prior bounces.
The GBPNZD pair appears to be forming a new Dead Cat Bounce pattern, which typically signifies likely bearish reversals. An opportunity to sell around 1.94500 (previous swing high) may emerge, provided that the price rebounds from the 50-day MA (in green) and 100-day MA (in blue) for a second time. It did the same during the establishment of the first Dead Cat...
OK.....here is my take on XVS. 1.) It has run sideways for a good 40+ days. I think of that as building up steam. 2.) It's has a good run up from YTD. 3. ) It could possibly now move eastwards to assume the cup and handle formation or 3) It may finally have enough steam to burst through the resistance. My thought for the moment is that this pig may not have the...
This is the same chart from February called "XRP will die at the end of January 2021", I added some more details. The last pump which i believe was an exit pump, did a fakeout over longterm support and was rejected by the orange longterm diagonal support. The fakeout and rejection is extremely bearish and resulted in a zone of trapped buyers ( a lot of whom post...