TOTAL2
BTC/USDT (Temporary Support Found?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin found support at previous mid resistance and its local support
-This area is also a confluence of 50MA in the 12H time frame
-The price bounce up strong and is likely to retest the trendline resistance
-if BTC can't break above this resistance line, I think it will play inside this bigger triangle
-In the next 10-15 days, we will soon have another direction to watch
-We can say Bitcoin is safe for the time being, Some altcoins are recovering already
-More sideways action for BTC is the advantage for the Alternative coins
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BTC/USDT (Short Term Triangle Pattern?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin is currently forming a potential symmetrical triangle
-If the trendline resistance is broken upwards
-This is a confirmation of the continuation pattern
-But if the support trendline is invalidated
-Expect a support retest around 53k-52k dollar area
-We will definitely see a breakout within 24-48hrs
-I would really love to see a bullish break in the short term
-I have plans if we go to the south in terms of risk management
-And capital preservation because trading is a game of probabilities
-Going to the BTC Dominance condition, I think the Altcoins
-Will continue to grow as the Dominance chart is retesting the 60 level
-This is an indicator of BTC pairing altcoin may move stronger in the coming days
-As always, prepare for both scenarios either BTC pair or USDT pair coins
-Have a nice day everyone!
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Crypto total charging up for the last waveHey everyone,
What I can see is alt coin cap is just charging up for the last wave of the run. The big run with the most gains. I expect most alts to gain a good few Pips, Time to be like a sniper and choose wisely before hitting the target.
The MACD is a lagging indicator but it works most of the time, our Final target is 1T alt coin market Cap before the next retracement.
This is not financial advice, Be the master of your own money.
Good Luck
BTC.d, Defi and the future.Posting it here just in case so if that happens I can say "I told you so".
Don't get deceived by Defi, it's making its first experimental growth, there will be blood when everything gets unlocked.
Defi is a tool for a bubble creation, MONEY MAKES MONEY OUT OF THIN AIR ==== CRYPTO MAKES CRYPTO via DEFI PASSIVE REWARDS.
Timing can be wrong of course, but you get the idea of what's coming. Enjoy.
BTC/USDT (20D MA Acted Support?)💎Technical Analysis Summary💎
BTC/USDT
-53k dollar area is a confirmed daily support
-As the price bounces up with the confluence of the 20D MA
-BTC touches the 60k dollar again but facing small rejection
-If the daily candle can close above 59k level
-I think BTC may retest above 60k dollars again or see a new ATH
-Yes, we know there is a daily wide RSI divergence
-But as long as the uptrend structure is valid
-It is safe to ignore this type of bearish signal
-Like the old saying, the trend is your friend until the end :)
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BTC/USDT (53k Dollars Good Support?)💎Technical Analysis Summary💎
BTC/USDT
-After hitting a new all-time high price above 61k dollars
-We saw a retracement of -14% immediately filling up the small CME gap
-This pullback is also accompanied by bad news regarding Defi coins
-Now, going back to the chart, the overall market structure is still valid
-The priority remains to the upside since we are in a strong bull market
-On this 12H time frame, the previous local resistance is being tested
-Currently, BTC is holding it as support temporarily with multiple confluence
-If and only if, this area will maintain for the next 1-2 days
-I think the probabilities to retest the recent high will increase
-The BTC Dominance chart saw a pullback as well, giving the altcoins space a breather
-There are many altcoins area ready to move up again and holding their daily support
-We will have another good altcoin rally provided BTC will not retrace further down
-As always, plan your next trade and have an exit strategy if your analysis is wrong
-Have a nice day everyone, keep safe!
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BTC/USDT (60k New All Time High)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin finally broke into new All-Time high price today
-The Bulls won the game after reaching above the 60k dollars
-If and only the buyers can hold around 58k dollars for the next few days
-The potential next target is 62k or up to 67k dollars
-We are using Fib extension to find our potential resistance or sell areas
-Once again, congrats on the Bitcoin holders!
-The altcoins are also doing a good job today and I'd expect more to come
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BTC/USDT (Breakout or Down?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin in the short term is currently respecting the 20MA in the 4H timeframe
-The price bounce back up after few minutes of trading
-Currently, it is testing its recent All-time high price of around 58k dollars
-Can we see Bitcoin reach new price discovery? or form a double top reversal?
-This is a battle between Bulls and Bears within 24-48 hours
-For me, as long as the fast-moving average 20 is holding, I'm leaning towards the bull
-Unless we close and rejected by the 20MA, then my bias will shift to the downside
-Please plan your next trade and always follow your trading rules
-We will see a breakout soon, watch the market carefully
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Late March/April Crash - Get ReadyI know people hate these and want to stick their head in the sand lol, so do I but I want to be realistic. We're approaching a major major resistance line, I think there will be a huge 70%-80% pullback. Short term within the next month I think we go up until that resistance but soon we will hit it.
BUT if you're in cash or just hold through it you will bank! I think the real party gets started after the crash, I really don't think the party is over anytime soon, I expect something similiar to happen with the stock market (not 70-80% pullback of course) but a smaller correction and then the real party starts and crypto and stocks go crazy high.
Doesn't mean this will happen for sure, but I really see it happening at that resistance.
Where is the TOP for the market? Using Fibonacci time and identifying base structures we can use this tool to identify when the next top will be
0.618 was favored in the last bull run as a top point and will likely be favored again
This top aligns with June 2022, so we have a lot of the bull run left
I haven't assigned a top point because this could absolutely m00n, and just knowing the time is enough imo
I have done a lot of research into TOTAL2, here is some of my previous ideas
BTC/USDT (Good Sign of Strength?)💎Technical Analysis Summary💎
BTC/USDT
-Bitcoin is showing signs of strength today
-As the price respected the 9MA in the daily chart
-It also confirmed support of around 48k dollars
-If we want to see a more Bullish scenario
-BTC has to break above the trendline resistance
-And hold for a few days to invalidate the potential fake out
-We still have few hours left before this candle closes
-The weekly candle will potential show a good sign
-To invalidate the previous bearish engulfing weekly candle
-I think we will have more sideways trading action this week
-This will give a good oppurtunity for the Altcoins
-Stay healthy and always plan your next trade setup
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TOTAL2 Price Discovery ContinuationCrypto Market Cap Excluding BTC is looking
very bullish.
Ichimoku is bullish as can be:
-Kumo cloud is green
-Tenkan is above the Kijun
-TK is above the cloud
-Lagging span is well above price and cloud
-No C Clamps forming calling for correction
-Tenkan as the first line of support of the
Ichimoku system was tested last week and
the price bounced off there beautifully
Moving Averages are looking bullish:
-MA7 (not pictured) acted as support well last week
-MA7 is well above MA30
-MA30 is above EMA100 both are curling up nicely
Volume these last few months have been huge.
If price closes here above $575B or even just green
in general it will confirm the positive retest
flipping the previous Jan 2018 All Time High
resistance to support and we should expect upward
price expansion to continue, first targets being
the Fibonacci retracement lines of
1.618 @$749.398B
2.618 @$1.19T
3.618 @$1.63T
4.238 @$1.902
I fully expect this market cap to grow
exponentially more than where we are now past
these fib lines for these coming years.
Especially considering how much attention
finally cryptos are getting by institutional
investors and the mainstream populous in
general realizing the validity in blockchain and
decentralization as the big technological
advancement of this generation.
This is just the beginning of worldwide eye opening,
media attention and exponential growth in this
market.
Allocate your assets accordingly.