We could see a fill of the imbalance above I will update if the adaptive MCVF gives a new signal as well TPI Update: BTC has ben in the red for a while on the TPI now Don't try to swing longs yet! You can also see the bands contracting, which means we should see a big expansion soon!
As of right now, on the long term, BTC isn't looking as strong as it did at the start of this rally. We were neutral until the 13th of may, where we entered a bullish TPI score (above 0.2) This TPI strength isn't conclusive, and I still think there is a big risk of us going down slightly. Expect market to be ranging for the next weeks
Imbalance at the 25K level We are likely to see this get touched, since the TPI is in a bearish territory Bearish divergence could push us lower The adaptive MCVF has shown a major bearish signal, is this the end of the crash? Or do we go lower? Depends on if we close lower than the imbalance Fair Value Gap needs to be filled There is a rather larget fair...
We have just seen a new contraction zone appering on the daily timeframe for INJ, this means we are likely to see price whipsaw through the center of the box the coming days. I will update on scalps that will be possible in this period. Since momentum has changed to the downside, I believe we will be looking at shorts! TPI update on INJUSDT For now the TPI for...
I wanted to give a quick update on the Long-term TPI for BTC, and how I see the altcoin market doing compared to BTC: The TPI has had a relatively high value for a long time I can't foresee the future, but I don't believe that external market factors will allow this to keep going, I do believe we will see a big scare before the next halving of BTC BTC's...