2:00 Cloudy☁️ Clear 0 % The Bitcoin market is facing dark clouds and gloomy skies, indicating a challenging and difficult trading environment that poses significant obstacles for investors.
🌤️ Welcome to the Bitcoin weather forecast! 🌤️ Unfortunately, I have some cloudy news for Bitcoin investors. ☁️ Looking at the chart index for the past hour, the confidence level that the weather in the Bitcoin world will be sunny is only 0.26, which is significantly less than the baseline of 0.864. Let's take a closer look at the data. The opening price was...
This post is a continuation of my ongoing efforts to fine-tune a predictive algorithm based on deep learning methods, and I am recording results in the form of ideas as future reference. Brief Background: This algorithm is based on a custom CNN-LSTM implementation I have developed for multivariate financial time series forecasting using the Pytorch framework in...
This post is a continuation of my ongoing efforts to fine-tune a predictive algorithm based on deep learning methods. Last post in this series: Previously, the algorithm correctly projected SOL's breakout to the upside following SOL's consolidation at around the $16 mark. As a next leg, the algorithm predicts that a noticeable continuation to the upside is...
ETH-USD prediction for upcoming 3 days 1203.15$ 1238.77$ 1261.87$ *: Forecast done used TensorFlow
ADA-USD prediction for upcoming 3 days (0.26$, 0.21$, 0.27$) I used TensorFlow for this forecast.
This Forecast was done using Machine Learning (Data Decomposition & Trend-Seasonality Analysis). As you can see, the model predicted ETH going down to 1491$ in July before it could rise again.
This is the result of forecasting BTC using a web app that forecasts time-series financial data with two options: Prophet and Neural Prophet. The black dots represent actual price and the blue line is the model's prediction. Keep in mind that the actual price is now below the error intervals(Blue area) so this might not be valid.
BTC in an uptrend after the yesterday dip. It has a strong support at the range 36867.36 – 38244.38 USDT. There is a 75% chance to return to 37615.65 USDT and 93% chance to reach the level 38862.59 USDT. Current support/resistance levels: – 34952.33 USDT – 35680.78 USDT – 36867.36 USDT – 37615.65 USDT – 38244.38 USDT – 38862.59 USDT * Calculation is...
BTC is in a high downtrend, Russia invading Ukraine. There is only a 50% chance to return to the level 36886.14 USDT No to war! Current support/resistance levels: – 35128.0 USDT – 36886.14 USDT – 37599.47 USDT – 38191.63 USDT – 38866.38 USDT – 39894.71 USDT * Calculation is based on 21.21M of trades
BTC is in neutral position now, there is about 87% chance to reach the level 39851.52 USDT and 81% probability to get 40269.13 USDT. The selling is higher than the buying. Current support/resistance levels: – 36902.88 USDT – 37609.52 USDT – 38190.32 USDT – 38890.92 USDT – 39851.52 USDT – 40269.13 USDT * Calculation is based on 18.33M of trades
BTC touched the lowest point, there is about 80% chance to reach 38156.63 USDT level and 58% chance to get 38918.78 USDT . Current support/resistance levels: – 37147.52 USDT – 38156.63 USDT – 38918.78 USDT – 39989.73 USDT – 40707.3 USDT – 42207.45 USDT * Calculation is based on 18.45M of trades
BTC is in a downtrend and the selling is higher than the buying. There is 75% chance to return to the level 38297.8 USDT , around 70% chance to reach 39993.54 USDT . Current support/resistance levels: – 38297.8 USDT – 39035.79 USDT – 39993.54 USDT – 40698.92 USDT – 42072.23 USDT – 43714.28 USDT * Calculation is based on 15.25M of trades
BTC is in a high downtrend. It's about 30% probability to reach the level 39974.26 USDT . Current support/resistance levels: – 38676.83 USDT – 39974.26 USDT – 40688.08 USDT – 42052.63 USDT – 43435.36 USDT – 44096.91 USDT * Calculation is based on 15M of trades
BTC broke the last support/resistance level (see related idea) and moved to the dip. Statistically, that's the best point to join Long and receive high reward from the position. Current support/resistance levels: – 40551.41 USDT – 41050.17 USDT – 42005.0 USDT – 42503.3 USDT – 43483.93 USDT – 44096.24 USDT * Calculation is based on 14.67M of trades
BTC is building a support at 43561.45 USDT , as I was describing in my yesterday idea , the average price is still growing. Current support/resistance levels: – 41938.97 USDT – 42249.96 USDT – 42605.93 USDT – 43561.45 USDT – 43970.01 USDT – 44228.74 USDT * Calculation is based on 13.29M of trades
BTC is in a high uptrend, I'm expecting a new robust support at 43539 USDT, the price is moving up through the time and creating a new strong support levels. Current support/resistance levels: – 41879.22 USDT – 42154.49 USDT – 42398.24 USDT – 42685.58 USDT – 43539.55 USDT – 44136.06 USDT * Calculation is based on 14.51M of trades
BTC bumped from the last level and continue to grow as I expecting in my last published idea. Current support/resistance levels: – 42071 USDT – 42492 USDT – 43061 USDT – 43597 USDT – 44420 USDT – 45130 USDT * Calculation is based on 17.83M of trades