Marketcipher
Monthly Chart on Bitcoin signals Macro Top ReversalWith only a few days remaining this month, the monthly chart on Bitcoin is setting up to be very bearish:
As price action has gone up, Market Cipher B is printing a red Sell signal on the 1M chart, signaling a macro top reversal.
If this monthly closure confirms another macro top, bearish divergence will confirm on RSI (top half) and Momentum (bottom half).
Money Flow is also going down, and the VWAP shows a negative decline.
TUG-OF-WAR on Bitcoin between bullish and bearish forcesBitcoin indicates a bullish sentiment as it rebounds from the Fibonacci 0.382 level at approximately $51400, suggesting an upward trajectory. The presence of green dots on the Market Cipher B indicator reinforces this outlook, indicating increasing bullish momentum. If the upward momentum continues, we could see a test of the $52000 resistance level, aligning with the 0.618 Fibonacci retracement of the larger range. A decisive break above this could target the $52500 zone, with potential extensions towards $52800 if the 1.414 Fibonacci level is considered. Conversely, a drop below $51400 could signal a bearish shift, potentially leading to a retracement towards the $50600 support level. Overall, the chart portrays a tug-of-war between bullish and bearish forces, with the next move likely to be determined by continued momentum and volume validation.
UniBright 1 Week With MarketCipher Same verse as before, just on a week chart. I have turned on MarketCipher A and as you can see the yellow X on the week which could signal a potential retest of support before a reversal to the upside.
Marketcypher BIf you look at the 1week & 2week time frames they are not great if you are a bull, this is about the best I can see on a 3hour time frame, we have bullish divergence along with money flow getting shallower, may the best I can see would be 28K, if we get above the 200 ema BUT don't bet the farm on it, trade safe, cheers.
XRP key levelsProviding you guys with this trade set up, possible short and long position. I expect xrp to get to that POC confluence with a .386 before we come down drastically. That .886 fib is really important has previous range POC at about .3235 as well as some liquidity there. What i want to see on my indicator is momentum curving to the upside creating that bullish div. As well as money flow going in to the green and rsis curving up tightly together. We will see what happens.
Weekly Bullish DivergenceHello everyone,
for anyone who is a fan of Crypto Face's indicators, Market Cipher B has been showing the development of a Bullish Divergence on the higher timeframes. 'Weekly' timeframe in the current chart.
On the weekly, it seems as though both WaveTrend's are preparing for to cross. This is an extremely bullish indication. I think it's definitely something to look out for.
Do not make any decision on this alone. Further analysis is needed among multiple different timeframes to come too a solid conclusion. We must wait for and see the multiple timeframes are telling us the same story.
Will keep updated.
Possible leg up or downCAT can possibly just make a double top. The 3Month looks like it has the potential to pump it up a bit more. Looks like it might print a green dot on the Oscillator the Vwap is going up. Its also creating minor bearish divs on the 3 month. The weekly looks like it could print a bearish div on the Oscillator money flow looks week too. As traderes we should be ready for both scenarios. If you long make sure to take profits 10% on the way up. Id wait for a better short entry if you have the balls to short this trend of course.
Deeper Network DPR Crypto MarketCipher Deeper Network DPR Crypto I had this program Market Cipher for about a year or so. I decided to start using it now for DPR to see how things will play out now. Lets see what happens now. You can see over the past year on this Daily Chart how there graphing programs work.
Bearish News: Eric CMO is apparently only doing his job for Deeper now on a part time basis because of his new job somewhere else, the employee turn over rate continues. Will they find another smooth talker, the possible new replacement is very choppy.
Bullish News: Aug. 5 & 6, 2022 Deeper Network has an invitation to showcase at Sir Richard Branson’s Block Chain Summit on Necker Island at the Neckerverse Showcase for a chance to pitch to the Virgin Impact team and other global heavyweight investors. (On the AMA on 7/13/2022 at time spot 37:36 Eric said this might not translate directly into higher token prices. So that means something different and the thing right now we are also developing. I didn't get into too much of it, So apparently don't get your hopes up on a boost on the token price for this event. So they are just focusing on equipment sales I guess. Which has been a complaint from the community.
Bearish News: Possible Token Crash Starting around September 6, 2022 thru the next 8 months, investors getting Deeper Chain DPR returned to them who bought in at .006cents to .02cents. Deeper is only allowing 750,000 DPR total perday from the miners and the invests to go over the bridge from Deeper Chain to the other two chains to get to an exchange and to sell. Some of the people have set up computer programs to keep dumping coins over the bridge first so they do not get locked out when the daily total of 750,000 is hit. There was 2Billion token allocated to sell but they only advertise 1Billion being sold. DPR given out already to the investors that crashed the coin the first time, there is an estimated amount of 3.3Million to 6.6Million Deeper Chain DPR being released each day to their investors for the next 8 months starting in September 2022 thru May 2023. Will Deeper fully open the bridge or will they try to control their investors cash out for a second time, well see what happens…….. How will the miners plan for this apocalyptic scenario of no longer being able to move Deeper Chain DPR across the bridge to get it on an exchange to pay for their expenses? I foresee another massive upset that Deeper Network will hush the investors by kicking people out of there Deeper Network community social groups when people complain and get upset like what happened when they lock up the investors DPR the first time without paying them back as was promised in their smart contract that had a hidden back door in the smart contract to reprogram it and to lock back up again. This is a lack of trust that I don’t think Deeper Network will every out live.
-Crypto Whale Information: See the Whale news on my channel for their Wallet address & Location, as you can track for yourself who is a true supporter and who is a dumper…… (AMA said Whales are allowed in the project now)
- Deeper Chain Community Governance - Currently being controlled directly by Deeper Network, not by the Community but thru a back door in the program (Verified on AMA) I don't foresee them giving the governance to the community within the next year or so because they like to be able to have fully control without have to wait for voting approvals, because the programing is far from being perfect..............
- 7 Validator Nodes on Deeper Chain, 3 have been verified to be in control of by Deeper Network DEVs, apparently they can control votes on the Governance with their locked DPR rewards- Wallet Addresses 1st 5C4vNVT5pDroqufEtXKYp3RKrNXVTHk9yqTeNNUSnJ6EbGGY ; 2nd 5CJDFR5RCMxPwVdzgH6JA9D7M625FEFKrdsJG1JnQVQdQkH2 ; 3rd 5HCG6MvAhYgLZdPoD1BVHEjgKee9n4AhMLKfq64VLiM4znuU
-Deeper Chain DPR Crypto Burn Wallet #1: (Warning this is a subject Deeper does not like to talk about) There has not been a routine burn setup yet promised by Deeper to fight inflation . The only burning is est 21DPR perday equivalent to about .80cents per day!!! from the Validator transactions which they are calling a “Routine Burning or Every Gas Fee”. The old burning was every 7 days and burnt all the treasury wallet. Then they slowed it down to every 24 Days thru the Treasury and to burn only about 1% now. There is credit burning set up for the miners, which is false advertisement because they only burn 1% of the money paid to buy credit to increase mining rewards. The rest of the money is added to the treasury wallet for Deeper to pay their DEVs instead. Waiting for Deeper Network to provide Burn Wallet Address for all three Blockchains so the community can monitor what they are being told. Talking about this subject will get you band and removed from Deeper Network Social media accounts so be aware………… Deeper Network has responded to my concern about this saying "that 1% of the treasury wallet is burned each day" but I don't believe that's what happens, I believe that only 1% of each transaction that is transferred to the Treasury wallet is then sent into the burn wallet only during the transaction process, not that 1% of the treasury wallet total is burned. So once the funds go into the Treasury wallet once the 1% has been taken out, the remaining funds are no longer programed to be burned. (...to be determined) At the moment it is unknown how to see a total burn amount from this wallet but you can see how much DPR will be burned in the next 7 day burn period.
-Deeper Chain DPR Crypto Burn Wallet #2: Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token ECR-20 Blockchain Ethereum Burn Wallet Address - Deeper Network has not provided the wallet address from the burning during the Pico sale so the community can monitor the wallet activity.
- Deeper Token BSC Binance Smart Chain Burn Wallet Address - Deeper Network has not provided the wallet address, nothing would be in the wallet address that i would be aware of if it exist yet
- Deeper Chain Treasury Wallet Address: 5EYCAe5ijiYfyeZ2JJCGq56LmPyNRAKzpG4QkoQkkQNB5e6Z (At the moment this is funded by the left over Validator Transactions & Burn DPR for Credit Score Increase, 1% of Transactions going into the wallet are Burned, this is confirmed)
- Polkadot Parachain for Deeper Chain – not yet, no future plans at the moment (Verified by Polkadot Support)
-10 Billion DPR Total: 6 Billion DPR will be mined within 25years (Verified on AMA); & 4 Billion DPR Belong to Deeper & Investors
-Location of Deeper Network servers where VPN data is stored: Unverified, Programmers working from China, ect. , Government Jurisdiction over VPN data information unknown, Privacy VPN info shows data is kept by Deeper Network, time period kept unknown.
- Deeper Network VPN / DPN equipment concerns: They say they do not keep logs of records of your internet access BUT!!!!! When you login to the device for the first time it makes you approve there two privacy agreements first. Terms and Condition of Use agreement under point Prohibited and restricted uses point #25 say : “We shall have the right… to monitor User Content”; The second agreement you must approve is the Deeper Network Privacy Policy under Data we Collect says “We may receive access to basic personal information from your social network accounts should you register or sign onto such services using Deeper Network Products or Services” (Why in the world is Deeper trying to collect your personal information?????????, also would they not also be able to see your banking information then...), then under section Data Retention it says “We will keep records containing personal data….. as maybe required by applicable laws (So then which governments laws are you under because there are countries that require no data collected) at the end of the day Deeper Network is not a Decentralized VPN because your data is collected in Deeper Networks Servers and Deeper Does not allow the Miners with the Exit Nodes for the VPN service to erase the VPN data on there own devices, even if their country allows for no logs to be collected. Will Deeper Network change their policy’s to be in harmony with what they told their community of NO LOGS/DATA KEEP BY DEEPER and ONLY DATA COLLECTED ON EACH EXIT NODE, apparently, they changed their minds……
Pico - At the moment the Pico is only good for mining with a Staked credit score, if the Pico has its own Public IP and is connected for months without being disconnected it will currently not get 10mb of traffic each day to get an increased organic credit score as an exit node, the network currently will choose a faster path out thru a Mini instead. So the Pico at the moment is not a good mining device if that's what you bought it for organically. This has been confirmed. (I think they maybe working on this I will keep you posted)
-Company Info:
-Deeper Network INC of the Marshal Islands (no office location there currently) Crypto Currency company that was set up as a shell company, filed on March 8, 2019 Entity number 100333 (Legal system mixed legal system of US and English common law, customary law, and local statutes; International law organization participation accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction)
-Deeper Network Inc of Delaware USA (no office location there currently) Software Developer/ VPN / DPN , Entity 201816910575 6/14/2018, EIN Tax ID# 841835438, State ID 04799167 This is the company that controls everything.
-Location Of Head Quartiers Office (5200 Great America Pkwy, Santa Clara, California, 95054) : The main temp office rental location no longer exists that is advertised and on Entity Documents the location is currently enmity and abandoned, supposedly working remotely from home and out of a shipping warehouse since the past two years or longer, unable to verify from the last trip to California. No new permanent office location currently that I am aware of that has been verified. Even from there past video of this office location you can tell it was just a temp location as if it was like one of those rent a cubical to work at temporary location.
(A Few people have come and gone from the head ranks, not sure if currently accurate)
Chief Executive Officer: Hui (Russell) Liu; San Jose, California
Chief Technology Officer: Hui Liu/Chao Ma
Secretary/Chief Financial Officer: Xiaoshuai (Cheryl) Liu ; Maple Ridge, British Columbia, Canada
Corporate Officer: Adam Wolfe
Lei Chang; Saratoga, California
Chief Marketing Officer: Eric Ma (Thailand) (Working only part time now, another one of the upper ranks leaving, I believe the next person will be #3+ for this job title next)
Chief Branding Officer: Yinan S.
Software Developer: Arturo Jimenez
Product manager: Kain Xu
BTC/USDT LONG call TITLE
BTC/USDT LONG
call TECHNICAL EXPLANATION
BTC bounced from the range low. Momentum indicators are telling me that BTC is oversold. And there is a BPRO divergence that is about to play out imo. I consider this as a risky trade, therefor I will enter this trade with a small capital. For a higher probability trade, I would consider to wait for the hourly close.
call STRUCTURE
ENTRY @ 39400 - 39600
TP @ 40400 (50%)- 41400 (50%)
SL @ 38959
POSITION SIZE @ 50%
Long-Med Term Bitcoin will CRASH! Here's Why?!?As shown by the white circles on the bottom indicator on the screen (stochastic RSI), you can see how every time we have been in these overbought regions. A red dot signal on the top indicator (Market Cipher) has always occurred, these two signals have indicated very bearish patterns reliably every time its occurred on the weekly time frame. That does not mean however we wont come up during the next couple weeks/months but it does mean that we will come down in general in the weeks/months to come. I'm expecting us to come down around 25-45 percent, I came up with this conclusion since that was in the range of how much we dropped every time we have had those signals line up. I do believe after the crash it will then be a amazing time to buy and we will enter and bull market, but not until we cool off with a dump.
Bitcoin Prediction Of Price Movement For the next 1-2 weeks!I believe bitcoin will repeat previous price action movement (shown with blue circles). This can only happen if price can break and claim the first level of resistance (bottom purple box), from their it make continue to come up to the resistance level at 46500-47000 (top purple box), or it may reject at the 44500-45000 resistance level (middle purple box)
BTC 4h Looking BullishBTC 4H is looking very nice here. We are seeing momentum start to slow down here and give it time to cool off and put in a higher low so we can move higher.
Wolf pack ID is showing bullish strength and the RSI,STOCH and SVWAP are showing us a move down is inevitable here.
Time to look for more entries!
BTC Daily, Higher Low Confirmed.Hey guys,
BTC Daily chart is starting to look like we may turn around here, this was some classic Market Maker tactics, dumping the price at the sight on any bad news.
Massive liquidity grab here, if anything was learned here it's that you always need to lock in profits.
Or the market makers will take them from you.
We did initially reject the Daily bearish OB (Order Block) but we look like we are trying to move back up and break it.
If the Cipher B prints a green dot at midnight and the trigger wave is completed, It will be time to start looking for trades to open :)
Let there be gains!
BTC, Is It Safe To Buy?Hey guys and gals,
It's been a little while I've been very busy with my group and trading a bit!
As we can see from BTC we have clearly broken out of this long down trend and we broke out with VOL giving me confidence we will continue higher.
We briefly dipped into the weekly OB before reversing and breaking out which confirms that we were being manipulated out of our money.
Market Cipher B gave me confluence with the breakout by indicating to us
- The Money Flow is about to cross into the geen so money is coming back into the market.
- We printed a small green trigger wave right before the ZERO LINE.
- The Stoch RSI, RSI and VWAP all wer headed higher and the Wolf Pack ID below showed us a change in trend.
We were over extended on the Daily and 4H TF's so it is natural that we have a pull back here. I have sold a portion of my BTC at 44k as I knew we would see some kind of rejectiont here.
I will be looking to DCA back in (Dollar Cost Average) between 41k and 37k, I will be looking for BTC to reenter the Daily Bullish Order Block by next week and there I am looking to open a larger long position. Stop loss 35k.
If we head down below that I will look for other key levels to buy or determine whether or not we start to short BTC.
Alt setups to come. The buying opportunities are coming team!
Not Financial Advice. This is all my own persoanl opinion.
DYOR.
See you all soon.
Massive TA Indicator signaling a BUY for ChainlinkHey Traders,
As you can see on the Daily Chart of Chainlink, we have received a buy from the ABSOLUTE TOP BOTTOM indicator. This is a Technical Indicator that uses BB's, MACD's, EMA's, etc. The point is that there is a big chance that this is an awesome opportunity to buy some Chainlink (LINK). Hope this helps!
Safe trading,
-Pulkanator
GOLD • 1D • TVC • Analysis Market Cipher B and A are giving a lot of signals that this pattern is going to break to the upside. I see Gold very bullish!. Momentum has a good probabilty to coninue going up because of that green dot and the money flow as well. Market Cipher A is also forming a green dot. This green dot means that we are probably going to have a continuation. Pay attention!
SOLUSD • 30m • FTX • AnalysisWe are forming an important pattern for Solana! This pattern can be seen in the 1-hour chart but to see it clearer and cleaner I show it in the 30-minute chart. This pattern is very clear and the breaking of this could mean a lot for the price. It's something we have to pay attention!