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Vinceprince

BINANCE-COIN, Solid Formation to Set Up Breakout!Hello Community, With the end of 2022 important developments are going on in the Cryptocurrency Market and as the past years have shown the end of the year and the first weeks of the next year were always determining periods of intense increased volatility, therefore the possibility is high that this repeats this year again and in this case, I analyzed the cryptocurrency market finding interesting setups within the market with Binance-Coin showing up with a great setup to move forward with. As when looking at my chart we can watch there how Binance-Coin is building this main descending-triangle-formation which has a similar shape to this currently developing in Ethereum which I pointed out some days earlier. Now as Binance-Coin has already come quite far with the completion of the waves A, B, and C of the formation there only remain two more waves D, and E to finalize the coherent wave-count developing within the formation and in this case Binance-Coin also has the major support cluster within the lower boundary of the formation from where a bounce is likely once the wave count has been completed with the final wave E. Taking all these factors into the consideration now Binance-Coin has formed a solid formational structure from where a final breakout has a high likelihood possibility to come up with and the likelihood possibility increases once the wave count within the formation reaches the final stages. When the breakout and increased volatility finally push above the upper boundary of the formation as seen in my chart this will be the setup from where Binance-Coin will continue with increased volatility and activate the target-zone seen in my chart, once this target-zone has been reached further considerations need to be made especially in terms of with what volatility and how these targets are reached. In this manner, thank you everybody for watching, and enjoy the last days of 2022 with your friends and family to look forward to the beginning of a new year. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
The AMAZING BITCOIN MERRY CHRISTMAS CYCLE!Hello Community, Welcome to this Merry Christmas View 2022 on Bitcoin of mine. The year of 2022 is nearing to be completed and to this occasion, Bitcoin is on the edge to a historical pattern to start again, this pattern is what I have detected in analyzing the Bitcoin chart and this pattern is pointing out that Bitcoin is building this paramount Merry Christmas Cycle which already completed three times in Bitcoins past always completing with a historical high on the Christmas Period of each ending cycle. Also when looking at my chart we can watch there that within each cycle Bitcoin is forming several new all-time highs each one formed within the Christmas Eve of each year. An amazing characteristic of each cycle is also that within the beginning of the cycle marked with the letter A in my chart a new low is formed which ends the bear market and starts the new Christmas Cycle. Therefore, as Christmas is emerging this year again this means that the cycle is likely to start from this point on again as seen in my chart, and in this context, the projection of the cycle expansion is also seen in my chart with Bitcoin to touch the upper boundary of the ascending channel again with the ending of the fourth historical Christmas Cycle. The important thing here with the underlying empirical significance of the cycle is that it always worked perfectly in the past which means that there is a very high possibility given that Bitcoin shows up with the exact same cycle again. Especially when the lower ascending trendline of the huge ascending channel holds in the next months it will be a sure indication for the cycle to have emerged again and to continue over the upcoming Christmas Eves. In any case it will be a very interesting time ahead for Bitcoin and the whole Cryptocurrency market as Bitcoin and Cryptocurrency are being more and more adopted in the classical financial economy there is a solid reason to constitute that the Cryptocurrency journey has not even reached its climax yet. In this manner, a Merry Christmas to everybody, have a joyful time with you and your families to unwrap the delights of Christmas! The information provided is only educational and should not be used to take action in the markets.
INDEX:BTCUSD
by VincePrince
34
ETHEREUM, Massive Formation With Huge Breakout Potential!Hello Community, With the end of the year 2022 many interesting setups within the cryptocurrency market are present and as I spotted the most important ones Ethereum is one of the setups which I want to present here. Already within the past years, the cryptocurrency has developed several times with a period of increased volatility during the holidays and continuously into the first month of the first quarter of the new year. Therefore, empirically speaking there is an increased high possibility given that the cryptocurrency market shows up with similar volatility developments for the end of 2022 and the beginning of 2023. As I analyzed Ethereum I realized that this theory is likely to convert into reality when the technical confirmations show up for Ethereum. When looking at my chart now we can watch there how Ethereum is building this huge descending triangle formation, such a formation is known to convert into a huge breakout and a phase of intense volatility once the formation has been completed. Within this triangle Ethereum is building the coherent wave-count reaching from A to E and in this case, now Ethereum already completed the waves of A to C which is already a positive sign and a step in the direction of the completion of this major triangle formation. Once Ethereum also completed the waves D and E this will be part of final completion and once Ethereum bounced above the upper boundary of the triangle this will activate the target-zones in my chart, from there on further examinations are a worthwhile solution to be made. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
5
BITCOIN - One Channel, Two Breakout Scenarios!Hello Community, the year of 2023 is coming to an end and before the year is ending I spotted major signs in Bitcoin that will build the cornerstones for the Bitcoin price action development moving forward into 2023. These signs are what I am going to discuss in this analysis. If you already watched my previous ideas you already saw that there are massive bullish indications on the more middle and long-term perspective with Bitcoin having the potential to show up with a huge rally moving into the weeks and months of 2023. Nevertheless, on the more shorter term perspectives there are still fluctuations and potentials of volatility developments into both directions till Bitcoin finally found the trend that will complete the paramount formation on the long term. Therefore, as when looking at my chart we can watch there how Bitcoin is trading in this major parallel channel formation that is inclined to the upside with support within the lower boundary and resistance within the upper boundary. Now what is important here to notice is that Bitcoin has a stronger support within the lower boundary as it bounced there more often and the buying volume is also higher than the selling volume. This means that there is a solid potential given for Bitcoin to finally bounce above the primary desceding resistance line marked in red which will create the first bearish invalidation. When Bitcoin settles above this area there are further bullish potentials given otherwise when this does not happen and Bitcoin confirms the resistance this will result in the invalidation of the bullish scenario and completion of the whole channel as a bear-flag. Taking these two scenarios into perspective the bullish scenario currently has a higher possibility given nevertheless this can change also again if Bitcoin should show up with more intense selling pressure. In any case, what is necessary here is to await the final confirmations with Bitcoin either breaking out the upper resistance or the lower support till further measurements can be made. Once the final confirmation has settled the percentage height of the channel formation can be used as a measurement to the final target zone of the breakout this will result in a target of $18,000 when the bullish breakout settles and a target of $14,000 when the bearish breakout settles. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
BITCOIN: Weekly, Constellation to Determine Potential Shift!Hello Community, Welcome to this analysis of Bitcoin from a weekly timeframe perspective. As mentioned in the last analysis ideas about Bitcoin I uploaded within recent times Bitcoin is forming several decisive constellations as Bitcoin completed the local inverse head-and-shoulder-formation I pointed out on the 2-hour timeframe perspective this has been an initial move into a changing direction for Bitcoin. Nonetheless, Bitcoin on the daily is still trading within this descending channel formation in which a strong resistance is given through the distribution channel analyzed. Now on the weekly timeframe perspective, I detected further signs that are worthwhile to look at to have a sense on where Bitcoin is heading over the course of the next days and weeks. Looking at my chart we can watch there Bitcoin is building two major formations here, the first formation is a local descending-triangle-formation and the second formation is a global descending-triangle-formation. The global formation will only confirm when the local formation completes, therefore it is necessary that Bitcoin finalizes the wave-count within the local descending-triangle-formation and from there on shows up with a strong breakout that has the ability to finally continue with an upthrust above the upper boundary of the global ascending-triangle-formation. In this case, it is highly necessary that Bitcoin holds the 13,800 support as shown in my chart because if Bitcoin should breakdown this support both formations will be invalidated. Once Bitcoin finally settles above the boundary of the global formation this will be the final setup for Bitcoin to show up with this main expansion wave to test remaining supports. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
12
BITCOIN: On The Local, Formation Points To Breakout-Dynamics!Hello Community, Welcome to this analysis of Bitcoin from the local 2-hour timeframe perspective. In the recent posts I uploaded about Bitcoin I already pointed out the important factors from a daily and weekly perspective and what we need to consider with these timeframes. As especially on the shorter timeframe there are given potentials to bounce Bitcoin is now also forming an interesting constellation on the 4-hour timeframe. When looking at my chart we can watch there how Bitcoin developed this solid primary ascending trend line marked in grey on which Bitcoin already bounced several times. This whole structure is adding up to a potential inverse head-and-shoulder formation with the left shoulder and the head already completed, now as Bitcoin penetrates the 50-EMA this is a decisive development because once Bitcoin breaks out above the neckline as shown in my chart this will be the final setup from where Bitcoin is likely to continue with further volatility finally reaching out the final target-zones as seen in my chart. Although such a formation can invalidate also when the right shoulder does not form and Bitcoin breaks down currently there is a higher likelihood given for the formation to complete nonetheless it will be a crucial factor on how Bitcoin moves into the final target zones when considering further dynamics to emerge especially on the higher timeframes. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
6
LITECOIN, Huge Channel-Breakout Indicates Further Spikes Ahead!Hello Community, Welcome to this analysis about Litecoin on the daily timeframe perspective. As I researched the cryptocurrency market recently I found a interesting constellation in Litecoin and the determining factors that add to a scenario with positive implications to emerge. Therefore, as looking on my chart we can watch there Litecoin has emerged with this huge ascending-channel-formation and recently as the 65-EMA in blue crossed above the 100-EMA in green Litecoin manages to build up on this EMA bullish crossover and show up with a final breakout above the upper boundary which means that Litecoin is now about to form a substantial setup from where a continuation is likely. As Litecoin showed up with the final breakout the final targets of this breakout are confirmed as seen in my chart within the 110 USD region, once these are reached it has to be watched out on how Litecoin moves on further after this and if Litecoin has the ability to stay within this area or a pullback follows firstly. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
BITFINEX:LTCUSD
by VincePrince
5
This Historical FRACTAL Could Mean BITCOINs BLAST Is NEAR!!!Hello Community, Welcome to this new analysis of Bitcoin from the weekly timeframe perspective. As mentioned in my recent analysis of Bitcoin from a more Near-Term-Perspective Bitcoin is at a crucial turning point as it shows a Descending-Channel from where a breakout either to the upside or further development in the channel is indicated. As I watched the bigger timeframe now I saw that Bitcoin from the weekly timeframe perspective is actually about to develop a major fractal which already formed three times in a row in Bitcoins past therefore this is a sign worthwhile looking at because if this fractal completes again a paramount Bitcoin Expansion can be waiting around the corner. When looking at my chart we can watch there this main fractal consists of three main phases named A, B, and C. In phase A an Accumulation-Triangle is formed marked in orange in my chart, in this phase first bounces to the upside indicating that Bitcoin is ready for a bigger move and a potential breakout above the 15-EMA. In phase B the final breakout above the 15-EMA happens with Bitcoin settling above the EMA indicating Bitcoin is ready to move further. In phase C the actual Bull-Expansion emerges with major Volatility-Spreads and Bitcoin continues with huge volatilities till new Cycle-Peaks are reached. Since the bear market ended in 2018 this fractal has been completed three times. When looking at this whole structure what is also a primary determining factor here is the fact that Bitcoin is testing this Primary Trend-Ascending-Trendline again marked in blue in my chart. This trendline is so important because Bitcoin already bounced there several times in the past and always had the ability to show up with the fractal after the successful bounce off this trendline. This means now that when Bitcoin manages to bounce in this trendline again this has a high likelihood possibility to be the cornerstone of a new fractal and the initiation of phase A of this fractal as it showed up in the past. Of course, it is necessary to await the final confirmations here which are an Accumulation-Triangle and a final breakout above the central 15-EMA. In this manner, thank you everybody for watching, Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
BITSTAMP:BTCUSD
by VincePrince
10
TOTAL CRYPTO-CAP, Retest of the Primary Formation Indicated!Hello Community, Welcome to my new analysis of the Total Cryptocurrency Market-Cap and where it is heading in the next time. Important to notice here with the Total Cryptocurrency Market-Cap is that the price action made a sharp dip towards the downside beginning just hours after the FTX collapse has been officially announced as I already pointed out in my recent Bitcoin analysis. To take this into the current context it is necessary to realize that this dip may not happen if the FTX collapse did not happen at this point, therefore this sharp bearish wave can be considered as an unnatural movement nevertheless it has completed a crucial formation and this is the important point in this whole structure. As the Total Cryptocurrency Market-Cap completed this massive head-shoulder-formation this gives the whole movement a bearish edge also from the technical perspective. Now it is necessary to wage the possibilities and see where the market is likely to move and in this case, the market is now forming this interesting local descending triangle formation which is likely to complete as it is marked in my chart, once this formation has been completed it will be the setup for the market to continue and show up with a volatility relief rally till further levels are being tested. In this case, once the formation has been completed the market is likely to move on into the head and shoulder decisive range as seen in my chart, from there on two directions are possible, firstly the market manages to move into this range with a very strong bullish movement giving the indication for a breakthrough above the resistance and declaring the formation as a fake head shoulder formation and the second direction will be a pullback from the resistance from where on the price action is likely to reach out the final targets of the head shoulder formation, currently, the second scenario has a higher possibility nonetheless this can change when the market shows up with a considerable bullish strength. In this manner, thank you everybody for watching, Let's move forward together. "Diligence is the cornerstone of good fortune." The information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL3
by VincePrince
2
BITCOIN, Massive Channel TO Show Final Outcome!Hello Community, Welcome to my new analysis of Bitcoin from the daily timeframe perspective. Since the FTX crypto collapse, massive liquidation were triggered within the crypto market and Bitcoin all-together with other major cryptocurrencies showed up with a devastating plunge to the downside which is likely not have happened if the FTX exchange at this time the second biggest exchange within the crypto market collapsed. The interesting thing here is that Bitcoin actually follows a pattern with fractals in this pattern as Bitcoin showed a similar fractal-dump already in the U.S.-Dollar index within August as seen in my chart. Taking these events into perspective now, as it is seen within my chart, Bitcoin is trading in a paramount Descending-Channel-Formation with the Accumulation-Channel in the lower boundaries and the Distribution-Channel in the upper boundaries. Now as Bitcoin is testing the lower Accumulation-Channel again this is a crucial situation as Bitcoin from here on shows a second Accumulation-And-Breakout-Fractal as it already formed within the bigger channel. Therefore, once Bitcoin manages to break out the Accumulation-Channel a rally is likely to continue till the Distribution-Channel is reached once again. The final crucial determination of the concluding trend direction will come once Bitcoin is in the Distribution-Channel again because if Bitcoin manages to hold this area and built up bullishly on it this will be the setup for a final breakout above the upper boundary and converting into the scenario A seen in my chart. Otherwise, if Bitcoin should confirm the upper Distribution-Channel together with the upper boundary and the 100-EMA as resistance again the bearish fractal and second scenario B is likely to be triggered again and Bitcoin will continue till the Accumulation-Channel is tested again, it will be an interesting determining journey ahead. In this manner, thank you everybody for watching, Let's move forward together. "Each new day the market has a new shape. Just the patterns repeat." The information provided is only educational and should not be used to take action in the markets.
by VincePrince
13
TOTAL CRYPTO-MARKET-CAP, Substantial Shift Ahead!Hello Community, Welcome to this analysis about the Total-Cryptocurrency-Market-Cap on the 4-hour timeframe perspective. Since accelerated inflation peaking at new all-time-highs causes investors and traders to rethink their positions in the financial markets excess savings are likely to flow into assets that have a high potential to serve as hedges against continued inflation. Such developments are building the fundamentals for an initial relief rally in the crypto market, and additionally, to these current trends, the crypto market also shows an interesting technical condition from which further shifts in the market can spread. As when looking at my chart we can watch there the Total-Cryptocurrency-Market-Cap developing a major inverse Head-And-Shoulder-Formation with almost all parts of the formation already being completed which means the final confirmation will occur once the Total-Cryptocurrency-Market-Cap bounced above the neckline of the formation as marked in my chart, from this setup on the price is likely to continue finally reaching out the target-zone marked in my chart in green. Once the market has reached out the levels the positions need to be adjusted on the renewed fundamental and technical conditions. Thank you for the support and all the best! Information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL
by VincePrince
5
The TOTAL CRYPTO-CAP Is Building A Massive Broadening-Wedge!Hello, Welcome to this analysis about the Total Cryptocurrency-Market-Cap excluding Bitcoin and Ethereum on the 2-day timeframe perspective. As the Cryptocurrency Market showed up with the heavy bearish declines it is now testing crucial levels and potential reversal potentials that can be eyed. In this case, it is necessary that the market shows up with the right price-action-determinations that the market can shift in an appropriate direction. Besides the fundamental and indicational factors, the technical aspects are also pivotal to consider. In this case, now I discovered an interesting formation developing within the total Cryptocurrency-Market-Cap that has the potential to finalize when the market shows up with the genuine developments that can shape its destinies rightly. Formational Structures: As when looking at my chart we can watch there how the total Cryptocurrency-Market-Cap is now approaching a crucial support-zone within the lower boundary of this massive broadening-wedge-formation the market is forming here. In this case the total Cryptocurrency Market-Cap is also testing the 600-EMA marked in orange which is major support for the symbol in this case. When considering the broader perspective the total Cryptocurrency Market-Cap is developing this paramount broadening-wedge-formation, which when rightly completed can point to bright futures for the market to set up. Furthermore, the total Cryptocurrency Market-Cap is building the local descending-wedge which when completed can lead to an initial reversal. Upcoming Determinations: Taking all these factors into the consideration here, the most determining factor is how the total Cryptocurrency Market-Cap manages to complete the local descending-wedge-formation because if this wedge should be completed with a substantial breakout and continued volatility this will be one step into the right direction. If the fortunate case settles and the total Cryptocurrency Market-Cap continues with great and solid volatility once the breakout happened the second confirmation is developed once the market breaks out above the upper boundary of the broadening-wedge-formation as it is seen in my chart, if the market shows up with the sophisticated breakout then this is likely to point to further expansion destinies. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
CRYPTOCAP:TOTAL3
by VincePrince
7
LINK - Channel-Breakout Points To Further Determinations!Hello, Welcome to this analysis about CHAINLINK / LINKUSD on the 12-hour timeframe perspectives. In recent times important developments are going on within the cryptocurrency market as some Altcoins seem to stabilize after the massive bearish exaggerations that emerged within the Cryptocurrency Market. Now there are some coins that already managed to form substantial breakouts and to complete pivotal formations, one of these is Chainlink which I am going to cover in this analysis. Therefore I am looking at all the determining factors such as price-action, the formational structure, the upcoming development-possibilities, and what should be considered once Link has shown up with the central volatility. Formational Structure: As when looking at my chart we can watch there how Chainlink recently completed a determining formation with a breakout above the boundary, this formation is the main bull-flag-formation and as Chainlink moved on to breakout above the upper boundary this completed the formation. Technically the breakout now activated the initial target zone marked in orange in my chart within the upper-boundary-zone of this paramount ascending-channel-formation. Furthermore Chainlink has fundamental supports within the whole structure above which it is likely to hold as these are building a substantial base and support-cluster for Chainlink to build upon. Upcoming Determinations: Taking all these factors into the consideration Chainlink is now about the main supports determined by the upper boundary of the channel-formation, the major-volume-support, the 20-EMA and the 40-EMA. All these supports are holding the established volatility above the breakout-zone and are likely to hold further within the next times. Once Chainlink reached out to the initial target-zones marked in orange in my chart it will be highly crucial how Chainlink moves into these zones because if Chainlink should move into the zones with high volatility this will be the incentive and source for further continuations which will be determined by Chainlink moving forward within the Wave-C-Extension-Zone. In this manner, thank you for watching the analysis, all the best! "Trading effectively is about assessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7
BITCOIN - ABILITY To Finalize HUGE DOUBLE-BOTTOM, $35K!Hello, Welcome to this new analysis about Bitcoin and the 4-hour timeframe perspectives. In recent times, Bitcoin has disrupted the whole market development and has shown up with heavy volatilities while now it seems these initial volatilities are stabilizing and Bitcoin is attempting crucial levels from where a shift in the market has potential to show up. The Luna-Crash-Developments and the Altcoin-Market Movements have shown how volatile the Cryptocurrency Market can be and now it is time for the remaining Cryptocurrencies within the market to show how they approach further. From a fundamental perspective, the sentiment looks quite positive as during these crash developments major economic entities continued to adopt Bitcoin such as the Central African Republic making it a legal tender, luxury brands like TAG Heuer or Balenciaga accepting Bitcoin or JP Morgan Chase making Bitcoin the "Preferred Alternative Asset". As these developments have a positive impact on Bitcoin on a broader timeframe perspective it is also crucial to look at the technical side of things and in this case, I detected that there is potentially given for Bitcoin to show up with an initial relief-rally with which Bitcoin has the possibility to test remaining resistance which is still given. Although this does not mean Bitcoin will directly turn bullish on all aspects thinkable it should be considered as a silver lining to which Bitcoin can add when the developments are moving positively. When looking at my chart Bitcoin is forming this potential double-bottom which it already completed similarly once between the 22Nd of June and the 20St of July. All the elements are given within this second fractal together with the Descending-Wedge-Formation, the Double-Bottom-Structure, and the 65-EMA as the final Validation-Turning-Point: First Double-Bottom-Fractal-Structure Completed Between 22Nd Of June And 20St Of July: Now when looking at these amazing similarities in the Double-Bottom-Fractal-Structures there is a high likelihood potential given that Bitcoin has the ability to complete this second Fractal again similarly as it has done already once. Nevertheless, this does not mean Bitcoin will turn 100% bullish because although once the formation has been completed the $35,000 USDT target-zone will be in play there is still a massive resistance within this zone and as the legit Double-Bottom-Targets will be reached it can turn out for Bitcoin to just move into this massive resistance and from there on the pullback and continue its alignments onto the bearish side. Therefore, it will be highly determined on how Bitcoin moves into these zones and how it develops from there on, especially in a Middle-To-Long-Term-Approach the bearish technical scenario is still present and should be contemplated before the reverse has been validated. In this manner, thank you for watching the analysis, all the best! "If fortune is regarded as the reward of virtue, it will be regarded as the attribute of virtue." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
18
APECOIN - Massive POTENTIAL In A Volatile MARKET!Hello Cryptocurrency Community, Welcome to this pivotal analysis about APECOIN / APEUSD on the daily timeframe perspective. The Cryptocurrency Market is going up and down with many altcoins being volatile in their ranges. In such market developments, it is necessary to pick those setups that have potential to move forward and look to the underlying factor. APECOIN /APEUSD was also a coin we executed great profits in the Elite VIP Channels in these recent volatilities. Now as APECOIN pulled back it is still having potential given on a broader scale. Therefore when looking at my chart we can watch there that after these massive volatility spikes APECOIN now moved on to dip and test the lower boundary of the paramount symmetrical triangle again where it has solid supports within. Once APECOIN manages to appropriately bounce in this section and continue to complete the whole formation this will offer the setup for further expansions and the wave C of the huge wave-count will emerge as it is marked in my chart. Furthermore, APECOIN has a Stochastic RSI signal as marked in my chart and once the whole symmetrical-triangle-formation together with the broadening wedge, which is the second additional simultaneous formation forming have been completed the first target will be within the 36 USD level, once this level has been reached and APECOIN can hold its pace the full technical target will be the 60 USD target. It will be an interesting movement ahead and remember that not every coin is building such formations, therefore it is crucial to look at the gainers within the market which is the philosophy of our Elite VIPs. In this manner, thank you for watching the analysis, all the best! "Good fortunes come when opportunities meet preparations." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
15
Bitcoin And U.S. Interest Rates: A Historical Examination!Hello, Welcome to this analysis about Bitcoin and the comparison to the U.S. interest rates history. When looking at the current market situation it has to be marked that the global economy is shifting heavily and changes occur in a dramatic manner. These dynamics began since the Corona Pandemic shocked global financial markets, global supply chains, and global government policies in a manner bearly comparable to what has happened before. Since these devastating occurrences, Bitcoin and other assets managed to recover, for Bitcoin an accelerated technical and fundamental adoption has taken place with countries adopting Bitcoin as a legal tender and Bitcoin getting acceptance on a broader scale. All these factors drove the price of Bitcoin upwards till it now reached a high-base while in the stock market the floods of cheap money drove the prices simultaneously the real economy is still damaged by the disruptions and is long not at the point it has been before these historical alterations. Now the Federal Reserve Decided upon increasing the interest rates to tackle ongoing inflation, for the stock market the reaction, in this case, is historically given by a decline however for Bitcoin the story needs to be assessed differently, therefore I am explicating these dynamics. The FED Interest Rate Hikes Together With Bitcoins History: Since Bitcoin was founded in 2009 by the infamous Satoshi Nakamoto it has shown up with a massive expansion and disruption within financial markets creating a boom around Bitcoin and Cryptocurrency which formed the first initial wave. After that till November 2015 Bitcoin moved into a correctional phase till the FED decided upon moving forward with increasing the interest rates from zero upwards. This decision also simultaneously marked the Bitcoin bottom in 2015 as it is seen in my chart and from this point on Bitcoin showed up with its massive bull market. The Bitcoin bull market moved simultaneously with the interest rate increases as it is seen in my chart and from the beginning on Bitcoin printed a whooping 65X till it peaked in 2017. According to these factors now there is an indication given that Bitcoin does not react negatively to interest rates like it is the case in the stock market, in fact, the complete difference holds true. The interest rate hikes were positive for Bitcoin as Bitcoin served as a hedge against fiat depreciation and declines in the stock market. Gold In Interest Rate Hikes, Bitcoin In Interest Rate Hikes: When comparing Bitcoin to other assets it becomes clear that Bitcoin is a similar asset to precious metals, mainly Gold, not without reason Bitcoin is called the digital Gold and in fact, there are many similarities. As gold has a 5000+ years-long history it gives a good indication on what is likely to happen during rate hikes. As it is shown within the chart below this text Gold also reacted similarly during rate hikes like it is the case with Bitcoin. From 1954 to 1981 a massive bull-market showed up in Gold with a huge expansion and the exciting thing is that the interest rate increases moved exactly simultaneously with the Gold price action showing a clear correlation. After that when the rates decreased again Gold also decreased again. The same dynamic can be watched with the rate increases in 2004 and 2015, always when the rates increased Gold also increased. Therefore, when considering this second crucial indication it gives a sight on what is likely to happen with Bitcoin during this next rate hike period, according to the factors Bitcoin is also likely to increase with these determinations. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
BITSTAMP:BTCUSD
by VincePrince
14
ETHEREUM, Decisive FORMATION To Determine DESTINIES!Hello, Welcome to this analysis about Ethereum and the 4-hour timeframe perspectives. In recent times the Cryptocurrency Market is in a crucial decision phase with many coins moving into important determining formations from where the outcomes need to bee assessed in the times to come. While many tech stocks such as GOOGL, AMZN or AAPL show heavy bear market declines and the major indices also declining further the FED decided upon increasing the interest rates while the inflation is still accelerating to an 8.5% in the United States. In such an environment it is necessary to recognize that further rate hikes are coming to late to tackle this enormous inflation will likely cause further declines in the stock market however when looking at the Cryptocurrency Market it can serve as an inflation hedge moving anticyclical to the Stock Market similarly as it is historically the case with Gold in such periods. In this case now I detected a decisive pattern forming in Ethereum which is necessary to consider here. As when looking at my chart we can watch there that Ethereum similarly as it is the case with many other Cryptocurrencies is building a formation that will decide the further outcomes in the next times. Therefore, the formation that Ethereum is forming here is a main descending-triangle-formation which is normally known as the main reversal formation if the formation does not invalidate to the downside. Therefore, now, it is highly necessary that Ethereum manages to hold above the $2,720 support and bounce within this range because when this does not happen and Ethereum moves below these zones the formation will be clearly invalidated. On the other side when Ethereum manages to breakout above the upper boundary the formation will be appropriately validated in the bullish direction and Ethereum will activate the targets seen in my chart at the $3,100 level from where the dynamics need to be assessed again. For now, it is necessary to keep patient and wait for the appropriate confirmations before moving to further conclusions, it will be an important development ahead. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
11
BITCOIN, Major BROADENING-WEDGE To APPOINT BREAKOUT!Hello, Welcome to this analysis about Bitcoin and the 4-hour timeframe perspective. In the recent times, important and crucial changes have occurred within the whole market and we can watch here institutional interest is increasing for Bitcoin, furthermore, there are countries such as Mexico looking to adopt Bitcoin as a legal tender, and institutions such as Micheal Saylor with MacroStrategy buying further Bitcoins. These factors indicate a continued increasing positive sentiment moving on for Bitcoin while adoption is still moving on. Nevertheless, it is also necessary to watch for the technical factors and see where Bitcoin is likely to heat within the upcoming times from a short-, middle-, as well as long-term-perspectives. In this case when watching on my chart we can see there that Bitcoin is building this main broadening-wedge-formation with the coherent wave-count within the formation almost already completed with the waves A to C and now as Bitcoin bounced within the lower boundary this is actually building the setup from where Bitcoin has the ability to build upon and continued to setup finally developing a breakout. Once the breakout happened above the upper boundary as marked in my chart this will be the setup from where Bitcoin has potentials to continue with and this will activate the target-zones within the $47,000 level marked in blue in my chart. Once this target-zone has been reached the situation needs to be elevated again and Bitcoin needs to show how it continues from there on and if a possible further formation can lead to a continuation, it will be an interesting development. In this manner, thank you for watching the analysis, all the best! "Good fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
24
DECRED, MASSIVE Volatility, SILVER LINING To 100% POTENTIAL!Hello, Welcome to this analysis about Decred on the 2-day timeframe perspectives. In recent times the Cryptocurrency Market moved to the south and many Cryptocurrencies developed critical bearish movements. In such phases where the future of the marker looks increasingly uncertain, it is necessary to spot the Cryptocurrencies within the market that are showing up with potential. Therefore in this case there are the anticyclical movers that are developing important formations which can convert into worthwhile setups to move forward with. In this case, I detected that Decred has recently completed the main Descending-Triangle-Formation with a Massive Breakout above the upper boundary and increasing volatility above the boundary as it is seen in my chart. Now that Decred has shown up with such an extraordinary decisive move this completed the whole formation and Decred is setting up to continue in the breakout direction. Also, Decred has this main Ascending-Trend-Line which is a crucial support and also has broken out above the 50- Moving Average which is great support now. With all these factors Decred has a great setup to continue further with and reach out to the target zones as marked in my chart. When Decred also manages to continue with a new formation in this target zone there is the possibility given that Decred continues in the Bullish-Continuation-Zone marked in green, it will be an interesting development. In this manner, thank you for watching the analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
10
BITCOIN, MASSIVE Channel, Possible FLAG-FORMATION!Hello, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. In the recent times, important developments happened within the whole Bitcoin and Cryptocurrency Market Interface such as the Bitcoin Lightning Network is being implemented in several important entities, institutional interest in Bitcoin is growing and Elon Musk is looking to buy out all of Twitter which can have a crucial effect on the Bitcoin and Cryptocurrency Market as well. Taking these considerations into the conclusion it needs to be marked that these show a more Bullish Sentiment on a Middle-To-Long-Term-Basis however when considering the more Short-Term as well as the local perspective of Bitcoin it is necessary to also watch out for the technical factors and in this case I detected an important formational structure that can lead to a major decisive outcome for Bitcoin. Therefore I detected the important levels, formational structures, and upcoming determinations. When looking at my chart we can watch there how Bitcoin has moved on to form this major Ascending-Channel-Formation in which it several times bounced and continued with developing this Wave-Count within the formation with the waves A to D already completed. Now as Bitcoin approaches the lower boundary again this is likely to set up the wave E for this whole wave-count and when it moves into the upper boundary it will complete the whole Wave-Count and from there on show up with a pullback from where Bitcoin has a higher possibility to increase volatility again. In this case, it will be highly important how Bitcoin continues and especially when settling below the lower boundary of the whole formation this will complete the whole channel as a Bear-Flag-Formation and Bitcoin is likely to firstly increase Bearish Volatilites till the lower target zones have been reached which remain within the Descending-Trend-Line as marked in my chart. If Bitcoin manages to bounce in this area this can lead to a potential reversal however when this does not happen it will lead to a continuation if Bitcoin shows up with another such formation. In any case, it is necessary to not underestimate the bearish sights that can show up here and be prepared on potentially increased volatility, it will be a crucial development ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
29
GBPUSD, Possible REVERSAL With This FORMATION!Hello, Welcome to this analysis about GBPUSD and the daily timeframe perspective. In recent times GBPUSD continued with its established downtrend and tested further crucial zones within the structure. However now GBPUSD is forming a decisive formation that can indicate the main reversal from where GBPUSD can increase volatilities again. Therefore when looking at my chart we can watch there how GBPUSD is now developing this main broadening-wedge-bottoming-formation in which GBPUSD has a coherent wave-count with the waves A to D already completed. Now as the wave E forms GBPUSD with this wave completes the whole wave-count and approaches the lower boundary from where GBPUSD already increased bouncings. When GBPUSD manages to stabilize further in this structure and continue into the upper direction this will lead to a completion of the formation with a breakout above the upper boundary as seen in my chart, such a breakout will activate the target zones and once these zones have been reached it has to be elevated again how GBPUSD continues from there on further, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "The high destiny of the market is to explicate, rather than to speculate." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
7