Over the last two bull-runs, Bitcoin has been trading in a relatively predictable pattern. In this analysis I want to take a closer look at this pattern and discuss my BEST-CASE scenario for the next bull-run. * BTC has been trading within the bullish channel Since July 2017 (more than 6 years). Every time the support was touched it produced a local low, every...
If you enjoy this analysis, please like and follow. Just like BTC, ETH has been trading relatively bullish since 2023. However, ETH failed to make new highs in July, unlike BTC, which makes is arguably a lot weaker. With ETH being the king of the alts, this bearish pattern might signal more pain coming for the altcoins. I'm anticipating a move towards the...
If you enjoy this analysis, please give it a like and a follow. In this analysis I want to take a look at Bitcoin's chart over the last ~2 years. Note that the top purple resistance of the channel is a direct copy of the bottom support. Time is running out for the bulls. BTC is just a couple of days away from potentially breaking below the yellow bullish...
If you enjoy this analysis, please give it a like and a follow. ETH has been trading practically flat since the start of April, well over 4 months at this point. Similar to Bitcoin, ETH is trading alongside a strong diagonal support, keeping the bulls in power. Looking at the chart, we can spot a classical Head & Shoulders pattern, which often signals an...
If you like this analysis, please like and follow to support my work. In this analysis we're going to take a look at the performance of Bitcoin during the pre-halving year. Specifically, the third quarter (July - September). As seen on the chart, Bitcoin's performance has ALWAYS been bad in the third quarter. During all three pre-halving years the price dropped...
Over the last few weeks I've made several analyses on BTC where I argued that a break out through 31k was just a matter of time. My previous one below. With the help of the EU approving a Bitcoin spot ETF and XRP not being a security, alts started pumping and Bitcoin followed suit. I think that this is the start of a new bullish phase. My target for the 2023...
Last week I made an analysis on Bitcoin where I wrote that I was expecting a break out from the range. However, BTC reversed sharply after hitting the ~31.5k resistance. No entry has been made in the previous analysis because we didn't close above the yellow area. As of now, BTC is seeing another strong influx of buyers. Again, I'm looking at the same structure...
In this analysis I want to take a look at a highly unexpected bullish outcome for the market: Bitcoin's 2022 bear market was nothing more than a corrective Elliot wave, and that we're about to see a new all-time high in the near future. Not sure when BTC will top or how high it will go, but 100k seems like a decent target for somewhere in 2024. I'm sure that...
BINANCE:MASKUSDT is squeezed in a triangle, a breakthrough of resistance can form an implus within which the cryptocurrency pair can strengthen to 6.990. BINANCE:MASKUSDT is in an uptrend. It is worth paying attention to the strong support of the uptrend channel and the 200-day uptrend average. The line confirms the presence of a strong support, which was...
CRVUSDT forms the bottom in the area of 0.500-0.600. After that, a rally is formed, which turns into a strong consolidation in the area of trend resistance. The cryptocurrency pair after another retest forms a resistance breakout, but at the same time, the price is still on the upper boundary of the local pattern. In the near future, if the price successfully...
Crypto has been trading rather bearish over the last couple of weeks. Ethereum is currently not looking favorable for bullish investors in the short-term, but that might change in the future. If we continue to fall, I'm eagerly waiting for ETH to reach the dotted support line on the chart. This support line holding is the best near-term case for the bulls. A...
BTC has been trading in a very boring fashion on the larger time frames. However, on the shorter time frames (like 15m) one can often find some decent setups. I've been following this bull-flag pattern today, which has seemingly broken out as of now. This could be the start of the bullish continuation from last night. Targets in blue.
Bitcoin and Ethereum are respectively the largest and second largest crypto by market cap. Officially, ETH can be seen as an altcoin, which has historically behaved differently from Bitcoin. A rise in the ETH/BTC chart generally means that altcoins (=everything which is not BTC) is outperforming Bitcoin on average. The inverse is also true. However, when we...
ethusdt perp SHORT 15m s 1577 sl 1591 tp 1530 dyor
just RSI Divergence aint trying to make trading difficult
btcusdt perp SHORT 30m s 21219 sl 21412 tp 2082 dyor
divergence is there however more downside looms. therefore a long play into bearish retracement area has good probability. an area to then flip short with a stop at 50% take of long.