BTC Stuck in Orange Zone! Is Accumulation Time Here? GM crypto bro's, this morning the Fear and Greed index is at 27 (fear), and the Stoch RSI is still above the oversold area. Bitcoin's price action is still fluctuating within the 58K - 56K range. It seems BTC will continue to move sideways within the orange zone between 56507 - 53046, as I mentioned before. Several bearish news pieces have increased the potential for this sideways movement.
But as long as the Fear and Greed index remains in the fear zone, it means we still have an opportunity to accumulate BTC. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
Marketupdate
BTC Plummets Again! Is the Last Dip Coming?GM, this morning the market has experienced another drop. The Fear and Greed index is at 28 (fear), and the Stoch RSI remains outside the oversold area. Looking at the price action, there is potential for BTC to drop further, breaking through the orange zone area of 56507 - 53046 and possibly touching the red zone area of 50582 - 48940.
If this happens, it might be the last dip for BTC. Always hope for the best and prepare for the worst. Let’s see and keep in mind that the market is dynamic. Don’t be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today’s crypto update.
I’m Akki, one chart at a time.
BTC Bullish Signal? But Is Another Drop Coming?GM crypto bro's, this morning the Fear and Greed index is at 29 (fear), and the Stoch RSI is touching the oversold area. The candle on the 6th was quite bullish, which may indicate that BTC is retesting the yellow zone area around 60K++, as I mentioned yesterday.
However, this does not mean BTC will only go up and won't re-enter the orange zone area of 56507 - 53046. As long as BTC cannot break through to 64K++, the potential for a drop still looms.
As long as the Fear and Greed index is in the fear zone, it means we are still in a good area to accumulate BTC. But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Faces Strong Rejection! Weekend Volatility Ahead? GM, for the candle close on the 5th, there was a strong rejection from the orange zone area 56507 - 53046, as I mentioned previously. The Fear and Greed index is at 26 (fear), and the Stoch RSI is entering the oversold area.
We are now entering the weekend, where the market typically has low volume. BTC's price action suggests a potential further decline, possibly sideways within the orange zone 56507 - 53046, but a retest to 57K++ is also possible.
As long as the Fear and Greed index is in the fear zone, it's a good time to accumulate BTC. But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Plummets to 56K! More Drops Ahead?GM crypto bro's, this morning BTC dropped significantly, continuing the strong bearish sentiment seen in recent days, bringing BTC down to the 56K area as I mentioned previously.
The Fear and Greed index has returned to the fear zone at 29, while the Stoch RSI shows a decline from the overbought area and is moving toward the oversold area.
My personal outlook suggests another drop into the orange zone area of 56507 - 53046, especially as we approach the weekend, which typically sees lower volume. However, if a pump occurs, it might only reach the yellow zone around 60K++.
But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that’s it for today's crypto update.
I’m Akki, one chart at a time.
BTC Breaks Below 60K: More Drops Ahead?GM Bitcoin, this morning BTC remains quite bearish, even breaking below 60K. The Fear and Greed index is at 44 fear, and the Stoch RSI is showing potential to exit the overbought area.
In the H4 timeframe, there is a possibility of retesting the 61223 area, although the potential is small. However, BTC breaking 60K has increased the likelihood of dropping to the orange zone between 56507 - 53046.
But let's see and keep in mind the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
BTC Sideways or Surge?GM, the candle close on the morning of July 2nd is quite bearish. The Fear and Greed index is at 50 neutral, and the Stoch RSI is still in the overbought area. Looking at the current BTC chart, there is potential for a slight correction around the 62500 - 61200 area as I mentioned in yesterday's market update.
My personal outlook suggests that the Fear and Greed index might turn to greed first, followed by BTC price moving sideways with an upward trend, possibly reaching 64K++.
But let's see if it plays out as I mentioned or not. Keep in mind this is just my personal opinion and outlook. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
BTC Correction Imminent? GM, the candle close this morning for July 1st faced strong rejection even before reaching 64K. The Fear and Greed index is at 51 neutral, and the Stoch RSI is entering the overbought area.
When the Stoch RSI enters the overbought area, a correction is likely. The current BTC chart shows potential for a slight correction to the 62500 - 61200 area.
But let's see and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I’m Akki, one chart at a time.
Euro Rises After French Election; Yen Struggles Near 38-Year LowThe euro gained on Monday after France's snap election put the far-right in the lead, albeit with a smaller margin than expected. Marine Le Pen's National Rally performed worse than anticipated, easing fears of expansionary fiscal policies. The euro rose 0.4% to $1.0756, while the yen struggled near a 38-year low. The dollar index fell as U.S. inflation data bolstered expectations of a Federal Reserve rate cut. Other currencies, including sterling and the New Zealand dollar, saw modest gains.
BTC: Bearish Close, Bullish Start?GM crypto bro's, it's finally July and BTC's monthly candle closed quite bearish. This morning, the Fear and Greed index is at 53 neutral, and Stoch RSI is climbing towards the overbought area.
Yesterday, the possibility for a pump seemed small, but that’s exactly what happened this morning. BTC's daily candle closed bullish on the 30th, almost at 63K. For now, BTC has the potential to retest 64K as I mentioned earlier, or maybe even reach 65K.
But let's see, and keep in mind that the market is dynamic. Don't be FOMO, stay safe, keep calm, always manage your risk, and that’s it for today's crypto update.
I'm Akki, one chart salute.
Pinterest / PINS - Idea I.hey Guys,
- Yearly Chart is bullish, Double Bottom and Engulfing Candle.
->Targets … 41 … 45 … 49.
Quarterly: Bullish Candle breakout above the Highs of Q1.
-> But it is retesting a major supply line and a yearly FIB. - creating a Grey Zone which divides the Stock into a bearish zone below and bullish zone above.
Monthly: Bullish candle - Stochastic Bullish but OB.
-> caution as we could see some Profit taking / reloading at lower prices.
3D: Signs of a possible reversal: Ascending Triangle, Fifth Wave, Diagonal Moving Stock (Distortion?)
Breakout to the upside would be extremely bullish…
Lower prices could be seen as a great buying opportunity.
targets Bears: 41 38
Targets Bulls: 45 49
Please let me know if you would like me to analyse an Instrument for you.
Thanks for reading
BTC: Ready for Liftoff or Another Drop?GM crypto bro's, this weekend morning Fear and Greed enters the neutral zone at 47, and Stoch RSI is still in the middle. Looking at the Monthly timeframe, there's a big chance BTC will drop to the orange zone first. However, from the Daily timeframe, it seems difficult to retest 64K again.
Overall BTC outlook remains the same as yesterday. For those trading futures, be cautious. If you haven't bought any, now might be a good time because it could fly to 80K tomorrow. For those who already hold and want to add more, you can accumulate at the current price, but a better price for accumulation would be at 56K, if it’s given.
Let's see how the crypto whales decorate the market as the monthly candle closes. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC: Brace for Impact?GM, happy weekend to those on holiday and stay strong for those corporate slaves like me who are still working even on weekends 😂.
This morning, the Fear and Greed index dropped to the fear zone at 30, and the Stoch RSI is in the middle area between oversold and overbought. BTC's candle close yesterday was quite bearish and almost closed below 60K.
The possibility of a BTC pump is quite small, but not impossible. Currently, I see a potential market dump that will test holders. The dump could potentially reach the orange zone around 56507 - 53046.
Let's see how the crypto whales decorate the market as the monthly candle closes. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
DJO, Dow Jones in a Triangle - Bullish Continuation expectedHey Guys,
Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle.
However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3.
A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis.
37.800 and 42.000 are the Key Levels for the coming Quarter.
Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500?
Thanks for reading…
NASDAQ - What do I expect?Hey Guys,
the Quarterly and Yearly Chart are Bullish. The Monthly is showing 5 waves - could mean that some traders are willing to take some profits because they expect an ABC - Wave Correction from here.
However, a Fifth Wave extension is not that unlikely because the third has not been extended.
in simple words: We might see a bit of a correction - or we will see a straight continuation -break above and retest the Highs - but I guess many will be happy taking a bit of profit here, thinking about the upcoming election in the USA - a bit of Consolidation would be expected at least thats what I am thinking…
Either Way - I will be cautious during the next week as it might indicate what Q3 will look like.
Thank you for reading…
MID in Consolidation - Bullish Progression expected
Hey guys,
Yearly Chart is bullish, Quarterly forms an inside Bar at a critical stage -
Since April I can see a Consolidation at the Yearly High of 2021 - between the marked area on the Mid Cap Index - SP400 - thus I have a neutral bias but I am a bit careful with going short from here. For a bearish szenario MID has to break below 2915 and print a bearish Chart Pattern. Everything else is a confirmation pattern for me at the moment.
For a Bullish Progression I would like to see buyers stepping in now and giving a clean and neat entry on the lower time-frames to swing it up to the blue box - which is the most important level for me to watch at the moment…
Ideally I will be buying on the 4h/2h Chart - but I will break it down once more to the hourly because of Risk- Reward.
Thanks for reading.
BTC: Will It Hold 60K?GM crypto bro's, this morning Fear and Greed is in the neutral zone at 47, and the Stoch RSI is nearing the midpoint towards the overbought area.
Overall outlook remains the same: as long as BTC's price doesn't drop below 60K, the 64K retest target is still valid. However, with the weekend approaching, trading volume is decreasing and tends to be bearish.
Let's see how the crypto whales decorate the market approaching the monthly candle close. Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC: 60K or 64K?GM, Fear and Greed is at 40 fear this morning and Stoch RSI is starting to exit the oversold area, but BTC's candle close yesterday on the 26th was quite bearish.
My personal outlook remains the same: as long as BTC's price doesn't drop below 60K, the target retest of 64K is still valid. However, if it drops below 60K, the next target is the orange zone in the range of 56507 - 53046. Let's see how the market makers draw BTC's chart in the future.
Keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC Rebounds! Bullish Surge or Bearish Trap?GM, BTC is showing a bit of bullish momentum this morning. The Fear and Greed Index is at 46 fear, while the Stoch RSI is starting to exit the oversold zone, indicating a possible retest of the 64K area soon.
However, the potential for a market dump isn't over. On the weekly timeframe, there's a chance for a double top pattern, which could drop BTC to the orange zone of 56507 - 53046, or in the worst case, to the red zone of 50553 - 48940.
It's deep, but we must hope for the best and prepare for the worst in the market.
Stay safe, keep calm, always manage your risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC Plummets to 60K: Time to Accumulate?GM crypto bro's, an intense bearish candle hit on the 24th, driving BTC straight to 60K. This morning, the Fear and Greed Index plunged to 30 fear, while the Stoch RSI has been dead in the oversold area for days.
Now is the time to start accumulating BTC again. Altcoins are also an option, but it might be better to wait and see, especially with the monthly candle closing soon.
Currently, BTC has the possibility to retest the orange zone, maybe around 63261 - 64846. The market is still very bearish, but be greedy when others are fearful and fearful when others are greedy.
Again, don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC Drop Alert: Potential Plunge to 60K!GM, yesterday's candle on the 23rd closed quite bearish, and this morning's open candle is outside the orange zone area, increasing the possibility of a deeper drop, maybe around 60184.
This morning, the Fear and Greed Index dropped again to 51, while the Stoch RSI remains in the oversold zone. Considering the current conditions, it seems like the market maker will push BTC down until the Fear and Greed Index enters the fear zone.
However, as we know, the market is dynamic, and a pump to the yellow zone could still happen.
Again, don't be FOMO, stay safe, keep calm, always maintain risk, and that's it for today's crypto update.
I'm Akki, one chart salute.
BTC Bullish Signs: Will It Retest 66K?GM, happy weekend! BTC's closing on the 22nd was slightly bullish, although not very strong. The stoch RSI this morning is still in the oversold zone, while the fear and greed index has risen to 55 (greed).
Looking at the price action, the bearish double top pattern has reached its target. A retest of the yellow zone at 66332 - 68889 would be normal, and the potential for a drop to the red zone at 60184 is diminishing.
My personal scenario for BTC is a retest of the yellow zone in the near future. Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.
Will BTC Hold Above 60K? Weekend InsightGM, the candle close on the 21st was still quite strongly bearish as I mentioned previously, causing the fear and greed index to drop to 53 with a neutral status this morning. The stoch RSI is still in the oversold area.
In terms of price action, there is a small chance for BTC to continue its correction to the red zone around 60K. However, considering it's now the weekend, which typically has low volume, and there has been a lot of good news recently for BTC and ETH.
My personal outlook is that BTC will remain bearish for now since the price is struggling to break through the orange zone at 64865 - 63261. Additionally, the fear and greed index has not yet reached the fear zone, but the market is dynamic. Let's see how the market makers paint the chart.
Again, don't be FOMO, stay safe, keep calm, always manage your risks, and as always, that's it for today's crypto update.
I'm Akki, one chart, one vision.