Wednesday Night BTC Report. Look for price to either go sideways or fall slightly overnight. Look to the 50EMA as a support level. DXY is retracing slightly so hopefully that pushes BTC up. BTC Dominance gapped above the 50 then came back down. Daily LASS is pretty much oversold on Purple, Yellow and Red. Orange is still on the way down.
Sunday Night BTC Report. Seems like we are done with the 50% buyer's zone and heading toward the seller's 78.6% zone. We are currently in the seller's 50% zone and have hit the top and then come back down inside but that candle that made that move is only 2 hours old. We should break out and probably nit the next resistance level overnight or sometime in the...
Saturday Night BTC Report. Hope you got that entry! BTC is heading out of the 50% zone toward the seller's 50% zone. If it can make it through there, there are two more pauses along the way until it can break free with new all time highs again. The DXY is likely to continue up when it opens in a few days. And BTC Dominance is struggling. That has been sideways for...
BTC Friday Report. Consolidation trending down overnight and maybe the weekend. DXY is up and now closed. BTC Dominance has been flat since yesterday and doesn't look like it's going to change overnight. Look for an entry in the 78.6% zone from a wick or maybe price will slowly make it down there over the weekend. More analysis on the chart.
Thursday Night BTC Report. So BTC has come back into the 50% zone again but doesn't like it. So price is moving out of that zone. Almost hit the same low as yesterday before getting out of there. That M30 entry I put out there yesterday was very close to the bottom. The DXY has been on a rocket this week so that will be suppressing BTC Price but the weekend is...
Wednesday BTC Report. Well, we have BTC dipping into the 50% zone and will probably come down more until price returns to the uptrend. The DXY went nuts today and created strong upward momentum pushing BTC down. BTC Dominance has been flat over the last three days and is coming down more. Pivots and LASS and the Stochastics support price continuing into the 50%...
Tuesday Night BTC Report. So we have our first retracement and it is going well. We will likely see a retracement to the 38.2% area. If you look at the H1 chart, you will see a beautiful Drop Base Rally where price will probably go get some buy orders from. There is nothing in the entire 50% zone on the H1. But on the M30 there is a sweet RBR right at the 50%...
Monday Night BTC Report. Well, BTC finally stood up. New All Time High! But that means no more fib. So, the original TP1 from weeks ago is now seriously in play. The DXY is dropping, BTC Dominance is rocking up. We will have to wait for a good retracement before we can do more analysis. For now, enjoy the bullish momentum.
Sunday Night BTC Report. So all it takes is a little price action and the money starts rolling in. BTC Dominance is higher than it was in the last 4 days all in the space of a couple of hours. DXY moving up so part of the stall in the rise in price. But look at that Miraculous 78.6% level. Amazing how BTC just stopped right at that line and doesn't seem to be able...
Saturday Night BTC Report. Price moving up and looks good. Stochs and H4 LASS all agree with moving up to the seller's zone about $1,000 up from current price. Daily LASS on the way down but I would think that would have an effect once price makes it to the seller's zone. DXY closed so nothing there. The BTC Dominance is moving up finally so maybe the ALTs are...
Friday Night BTC Report. Maybe a slight increase in price overnight. Probably more consolidation over the weekend. DXY is closed so will have no effect. BTC Dominance is still dropping as the ALT coins take center stage thanks to Facebook news and NFTs growing in popularity and general knowledge. Just realized I didn't do a Thursday night report. Well, lately they...
Wednesday Night BTC Report. Ok, this is really Thursday morning already but you get the idea. Added some cool color shading to the charts to make it prettier. Bitcoin doing it's best to make life prettier. The Stochs say down but everything else says up. I'm thinking we may have a small retracement and then push higher into the 50% zone into the morning. DXY...
Tuesday Night BTC Report. Small retracement with a move up after. BTC is struggling to get above the 50% zone but it looks like it will either be tonight or maybe tomorrow sometime when we get that nice bullish engulfing candle out of the zone. Probably stop a little bit at the 78.6% zone before creating new all time highs. DXY only slightly moving down as is BTC...
Monday Night BTC Report. Looks like BTC finally figured out what it wants to do. All the indicators are aligned. The Daily and H4 Stochs are pointing up, Daily and especially H4 LASS is too. DXY is moving down slightly and BTC Dominance is moving up slightly. I guess BTC was just waiting for November to begin.
Monday Morning BTC Report. Still in consolidation but did not go down last night. Price is at the same exact level it was two weeks ago. DXY falling slightly and BTC Dominance falling slightly. Hence the Doji on the Daily. Looks like I have to get my shoe ready lol. Glad some of you got that..