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Vinceprince

BITCOIN, Potential Major INVERSE HEAD-SHOULDER-FORMATION!Hello, Welcome to this analysis about Bitcoin on the daily timeframe perspectives. In recent times Bitcoin showed up with strong initial bounces in the structure to penetrate important remaining resistances at the $44,000 that have been seen before the last devastating pullbacks emerged. From a fundamental perspective, there is actually an increased advanced development forward in the technological as well as financial adoption curve of Bitcoin such as recent establishments show. The NASDAQ exchange is going to list the Valkyrie Bitcoin ETF and other important projects moving on such as the KPMG in Canada actually adding Bitcoin to its balance sheet. In this market situation, it is also important to look at the technical factors and as I detected there are important ones going on here. As when looking at my chart we can watch there how Bitcoin is now developing this massive inverse head and shoulder formation with the left shoulder and the head already formed. Now as Bitcoin is testing the remaining 65-EMA in blue there is a high likelihood given that Bitcoin pulls back from this point on, in this case, it will be highly crucial on how Bitcoin actually approaches the important support level seen in my chart between the $40,000 and $41,000 level, when a bounce in this area shows up this will complete the whole inverse head and shoulder formation as seen in my chart and Bitcoin will activate upper target zones. Once the formation has been completed the $54,000 to $54,800 zone will be a likely target zone, it will be an interesting development ahead. 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
41
USDJPY, Massive Head-Shoulder-Formation, Objections!Hello, Welcome to this analysis about USDJPY on the daily timeframe perspective. As when looking at my chart we can watch there how USDJPY has moved on to form this huge head-shoulder-formation with the left shoulder and the head already completed and now with the development of the right shoulder USDJPY is approaching this main descending resistance line marked in dashed red in my chart, when USDJPY pulls back from this zone it will be a likely source for a continuation to the downside till USDJPY breaks down below the neckline as it is marked in my chart. Such a development which is likely to happen within the upcoming times will activate the lower target zones as seen in my chart within the 111 to 111.5 area, once this area has been reached it has to be elevated how USDJPY continues from there on and if there comes a reversal or a continuation is indicated, for now, this zone can be a considerable reversal zone. 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
18
POLKADOT, Major Descending-Triangle, How It Completes!Hello, Welcome to this analysis about Polkadot on the 12-hour timeframe perspectives. In recent times the Cryptocurrency market showed up with some interesting developments, for now there are still mixed signals in the market therefore it is important to look at the different setups the Cryptocurrencies are forming. When looking at my chart we can watch there how Polkadot emerged with this massive descending triangle formation in which it has a coherent wave count with the waves A to C almost already completed. Now with the development of wave D Polkadot is forming this bear flag formation which has a high possibility to complete in the near future which will show up with the origin of the wave E to finalize the whole wave count. Once this wave E emerged it will be decisive on how Polkadot approaches the major lower support level marked in my chart, if Polkadot bounces off this level appropriately this has a good ability to complete the whole descending triangle with a breakout above the upper boundary as shown in my chart, once completed activation of the initial target zone will happen and once this target has been reached with Polkadot having the appropriate momentum to continue the next target zone will be appointed as seen in my chart. For now, it will be necessary to await the confirmation before moving to further conclusions, it will be an interesting development ahead. 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
8
BITCOIN, Massive Double-Top-Cycle, Road To $100,000!Hello, Welcome to this analysis about Bitcoin on the 4-day timeframe perspectives. As I already mentioned in a recent YouTube video of mine Bitcoin is in a important mining difficulty cycle and historically speaking the bottom should come in after some more time, you can watch this video on my YouTube channel as it will describe the situation in more detail. There is a high likelihood given that Bitcoin shows up with the bottom after the completion of this main formational structure I am explicating here. In this case I am looking at all the important levels, structural formations and determinations we need to consider on the long term especially with a scenario in which Bitcoin has the abilities to reach out the $100,000 levle. Therefore, as when looking at my chart now we can watch there how Bitcoin is forming this massive double top formation within which it already completed the first top and now within the second top has developed this head shoulder formation which is likely to be the origin for further continuations to the downside and when this happens with Bitcoin moving below the neckline of the double top this will be the origin for further continuations in which Bitcoin will finally reach out to the $14,500 level as it is marked in my chart, once this level has been reached Bitcoin will be highly oversold and from there on will give good abilities to form a major reversal from where bullish continuations emerge. With this being said when this whole formation completes and Bitcoin reaches out to the $14,500 level there will be a massive bounce in this level and if Bitcoin continues with it Bitcoin will actually form this huge bull flag formation which when completed will catapult Bitcoin way above the $100,000 level. In this manner now it will be highly crucial on how Bitcoin moves on here and how this whole double top actually completes lying grounds for a more profound bullish cycle setup, 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.
BITSTAMP:BTCUSD
by VincePrince
117
BITCOIN, Massive BROADENING-WEDGE, How It Completes!Hello, Welcome to this analysis about BITCOIN and the 4-hour timeframe perspectives. Bitcoin in recent times so far managed to hold above the $36,000 level and managed to build up above this range. Also, the Bitcoin Dominance actually reached a 2-months high which is an important indication that Bitcoin actually gains in strength against the Altcoins. Besides that, the institutional interest increases further, and institutions such as MicroStrategy buy into the dips. There is given evidence that Bitcoin so far has abilities to hold in the structure and potentially build up further on it nevertheless the technicals need to move simultaneously with this indication, therefore, I detected all the important levels, structural formations, and upcoming determinations to consider. Structural Developments: As when looking at my chart we can watch there how BITCOIN has formed this massive broadening-wedge-bottoming-formation in which it actually showed up with a wave-count reaching from A to E, this wave-count has been already completed with the finalization of the wave E within the lower boundary from where Bitcoin moved on to bounce and form this local triangle-formation that is marked in my chart in blue, in this triangle formation Bitcoin also has a coherent wave-count that already completed. Now with Bitcoin bouncing within the 25-EMA marked in green, there is a good structure on which Bitcoin can build on and finally form the breakout above the upper boundary of the ascending triangle formation which will be the initial confirmation of a final validation and completion of the broadening wedge. Upcoming Determinations: Taking all these factors into consideration Bitcoin is in a structure that forms the final breakouts and emerges above the upper boundary of the descending wedge as it is marked in my chart, such a breakout will activate the further continuations and Bitcoin is going to approach the $46,000 level as marked in my chart in the blue horizontal zone. Once Bitcoin reached out there this does not mean Bitcoin is completely bullish because when this dynamic emerges it will be important on what for a formation develops from there on, if Bitcoin pulls back heavily from the structure and firstly visits lower levels this will not be a good indication however when Bitcoin manages to stay in this area and form something like a continuation formation this will lead to possible further highs in the structure, it will be an interesting development ahead. In this manner, thank you for watching the analysis, all the best! "Great fortune is when opportunity meets preparation." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
19
AAPL, Structure Bounce, High-Potential Bull-Flag!Hello, Welcome to this analysis about the APPLE Stock - AAPL - on the daily timeframe perspectives. Since the earnings of Apple in 2021 showed up with heavy record numbers that topped the previous earnings numbers by far the stock is in a very interesting condition right now also from a technical perspective. Therefore when looking at my chart, we can watch there how AAPL began with a first initial impulse to the upside which is marked in my chart with wave A. Once this first impulse was completed AAPL showed up with the next wave B which took the shape of a descending channel formation, in this descending channel formation, AAPL formed a wave count from A to C which was also recently completed and ended in the lower boundary of the descending channel formation where several supports are coming together forming this confluence support point that is marked in my chart with the black cycle. At this point, AAPL has several supports such as the ascending trend line, the lower boundary of the potential bull flag and the 100-EMA marked in red. As AAPL already bounced within these supports and initially soared to the upside this can be the appropriate origin of a breakout above the upper boundary of the descending channel and once this happened the channel will be completed as a bull flag from where AAPL will activate the upside targets marked in my chart in the black level. There will be a high likelihood given that these targets will be reached and once happened it will be highly decisive on how AAPL moves on further from there, if AAPL forms a further formation in this structure or firstly reverses to approach lower levels, it will be an interesting development ahead. 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.
NASDAQ:AAPL
by VincePrince
6
CARDANO, Develops Massive BROADENING-WEDGE-BOTTOM-FORMATION!Hello, Welcome to this analysis about Cardano and the daily timeframe perspectives. The cryptocurrency market is changing day in and day out and besides that the divergence between the several different Cryptocurrencies also increases. This is why there are Cryptocurrencies that show up with more bullish structures, while others are neutral and others again show more bearish outlooks. In this case, it is necessary to differentiate the diverging setups and pick the ones with the most potential to take advantage of. In this case, I detected a major formation forming with Cardano with the worthwhile structure and this is why I detected all the important levels, structural formations, and upcoming determinations we need to consider. Structural Developments: As when looking at my chart now we can watch there how Cardano is building this massive broadening wedge bottoming formation. In this massive broadening wedge bottoming formation Cardano has formed the coherent wave count which consists of five waves from A to E and recently with the ending of the wave E Cardano has finalized this whole wave count and is now approaching the lower boundary of the massive broadening wedge bottoming formation in which a major structural support cluster is lying consisting of the lower boundary of the wedge formation and the descending support line. In this case, Cardano has good abilities to bounce within this zone as it is seen in my chart. Upcoming Determinations: Taking all these factors into the consideration there is a high potential given that Cardano manages to bounce in this structure and once this happened it will be highly decisive on how Cardano approaches the upper levels further because when Cardano manages to finally bounce above the upper boundary of the broadening wedge bottoming formation this will be the setup for an appropriate continuation and activation of the target zone which is marked in my chart in orange. Once Cardano has reached out to this zone it will be highly decisive on how Cardano moves on from there on and if there forms a setup from where Cardano can continue or main pullbacks firstly take place, it will be an interesting 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
8
BITCOIN, Fourth HISTORICAL Weekly 200-EMA Bounce CAN EMERGE!Hello, Welcome to this analysis about BITCOIN on the weekly timeframe perspective. In recent times Bitcoin showed up with a heavy bearish decline to the downside as the FED announced it wants to decrease its currently 9 Trillion US-Dollar big balance sheet and also increase the interest rates by 2022, these are bearish indications that should not be underestimated and so also was the reaction of Bitcoin as bearishness increased. Now with this dynamic, we need to consider what are possible scenarios and what to consider on the more middle to long term perspectives. In this case, now I detected a major formational structure together with the underlying potentials that should be taken into account when this historical signal confirms a fourth time. Structural Developments: As when looking at my chart now we can watch there how Bitcoin moved on to form this serious double top formation in the structure with both tops already completed and the bearish declines showing up after the second top formed. With this being said when Bitcoin now moves on to break down below the dynamic neckline that is marked in dashed grey in my chart this will lead to an initial continuation and Bitcoin will approach lower levels in the structure. The main target zones can be elevated within the 200-EMA zone as it is marked in my chart, this zone is also matching with the lower boundary of the major potential bull flag formation Bitcoin is forming in this whole structure. Upcoming Determinations: Taking all these factors into the consideration it will be highly important how Bitcoin moves on here and actually approaches the 200-EMA again. As it is seen in my chart this 200-EMA bullish signal already flashed three times in history and always was followed up by major gains. Therefore, when this signal flashes the next time again there is a high possibility given that Bitcoin will have the ability to complete this whole bull flag formation with a breakout above the upper boundary. Such a determination will provide the setup for major further continuations, for now, it will be highly decisive on how Bitcoin approaches the remaining supports and how the 200-EMA signal can emerge again. 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.
BITSTAMP:BTCUSD
by VincePrince
41
AUDUSD, Completed Bear-Flag, Further Continuations!Hello, Welcome to this analysis about AUDUSD on the 2-day timeframe perspectives. As when looking at my chart we can watch there how AUDUSD is in a crucial condition with this major wave count emerged with the initial bearish wave A to the downside from where AUDUSD continued to form the next wave B which has taken the shape of a bear flag formation and in this bear flag together with the major wave B AUDUSD also formed a coherent local wave count from A to C in the bear flag. The fact that AUDUSD already pulled back highly bearishly below the lower boundary of this whole bear flag formation in a high volatile manner shows that AUDUSD has a high likelihood to continue with the movements and the development of the wave C in this whole structure. Also as AUDUSD recently completed the bear flag AUDUSD activated lower target zones marked in my chart in the black box, once these targets have been reached the situation needs to be elevated again and AUDUSD needs to show if it reverses in this zone or just sets up for the next bearish continuations, it will be an interesting 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
8
SAP, Paramount Bull-Flag Forms, Here Is How It Completes!Hello, Welcome to this analysis about the SAP stock and the 2-day timeframe perspectives. Within the corona pandemic, many businesses, as well as private persons, moved into the home office and a boom in digitization emerged which is still ongoing. In this case, software companies like SAP or companies that have something to do with digitization could make huge increased profits which converted into rising prices in the stock market. These are the fundamentals that look quite positive, now when looking on the technical side of things I also detected a major decisive paramount formation SAP is forming here in the structure which is actually a bull flag formation as it is marked in my chart. The bull flag formation resulted out of an initial bullish impulse to the upside from where SAP moved on to form the bull flag which simultaneously is the wave B of the whole major wave count. Within this bull flag SAP also has a wave count with the waves A to E already completed and now as SAP approaches the lower boundary in which important supports lying together with the 500-EMA this is a important zone from where the main bounce can emerge. If this bounce is solid enough and SAP manages to increase bullishness from there on SAP will have a good ability to complete this whole bull flag formation with a final breakout above the upper boundary as it is marked in my chart, this will activate the upper target zone and once this zone has been reached the situation needs to be elevated again and SAP needs to show if it forms a continuation formation in this structure or firstly reverses initially, it will be an interesting development ahead. 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.
XETR:SAP
by VincePrince
5
TERRA LUNA, Massive Head-Shoulder-Formation, Objections!Hello, Welcome to this analysis about Terra Luna and the 4-hour timeframe perspectives. Since the cryptocurrency market recently formed a massive pullback to the downside we need to adjust to the situation and derive the best out of it as such situations can also show up unforeseen opportunities. In this case it is highly important to consider the differences between the certain cryptocurrencies as they are all forming very differential setups, there are crypto coins that have a more bearish interface, there are coins that are more neutral and there are coins that have more bullish interfaces. With Terra Luna as I discovered and as it is seen in my chart the whole interface has a bearish edge as Terra Luna recently completed this whole massive decisive head-shoulder-formation marked in my chart in red with the breakdown below the lower boundary. Below the neckline Terra Luna increased with heavy volatility and now bounced back to form this confirmational flag formation that is marked in my chart in red with the black boundaries, this formation is confirming the whole breakdown and head-shoulder-formation. Within this formation Terra Luna also has a coherent wave-count with the waves A and B already completed and now as Terra Luna sets up for the final wave C this wave C will directly lead into this main resistance cluster where several resistances come together. Once Terra Luna tested this resistance there is a high likelihood that a pullback from there on emerges which will finalize the whole confirmation formation with a breakdown below. The whole targets of the head shoulder formation are as it is marked in my chart within the 40 Usd and once these have been reached the situation needs to be elevated again, for now we should not keep the bearish perspectives out of sight. 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
8
BITCOIN, With Completion Of THIS Formation 18K Is INEVITABLE!Hello Cryptocurrency Community, Welcome to this analysis about Bitcoin from the 4-day timeframe perspective. In recent times Bitcoin has shown up with heavy volatilities and increased spreads that should not be underestimated. At the same time, the regulatory voices against Bitcoin have become much more hostile and governments considering to ban Bitcoin or restricting it has become normal. Besides that, the overall economic situation is also shaky and in any case not what it was back before the corona pandemic hit financial markets. An increased inflation rate currently has the effect that more capital is flowing into the markets however if inflation should accelerate more this can have the reversed effect. Besides that, the FED decision upon a balance sheet decrease, stopping of the buyout programs, and possible increase of interest rates can hit markets bearishly as well. In this case, it is inevitable to take a look at the technical factors and this is what I am doing in this analysis, therefore, I detected all the important levels and determinations to consider. Structural Developments: Looking at my chart now we can watch there how Bitcoin is developing a massive crucial decisive formation that should not in any case kept from the desk here. As it is seen in my chart Bitcoin has begun to form this paramount ascending wedge formation, such an ascending has a higher tendency to form a devastating bearish reversal of the previously established bullish trend, this possibility is currently omnipresent together with the economical and restriction dynamics. In this whole formation, Bitcoin has already completed the waves A to D with the ending of wave D currently penetrating the lower boundary of the wedge formation from where a bounce has a higher potential now. This bounce will move on with the wave E and once this wave has emerged the final determinations will come when Bitcoin approaches the upper boundary of the ascending wedge formation again because BTC in this upper boundary has the main resistance cluster from where a pullback is likely which will accelerate bearish dynamics together with the decreasing volatility circle and the supply levels in this area. Upcoming Determinations: Taking all these factors into the consideration now what will be important here is to watch firstly on how the whole economical situation evolves because when the FED announces to finally decrease the balance sheet and begins with it this will affect the supply dynamics of Bitcoin and in the consequence also the whole pattern has a higher possibility to finalize. The second thing to watch is how Bitcoin moves in this formation because if heavy bearishness is leading to Bitcoin severely pulling back in the formation especially after approaching some little higher this will also increase the likelihood of Bitcoin completing the whole formation. Therefore for now it will be necessary to keep patient and watch out how the situation moves forward, the best thing in such cases is to possibly take opportunities on a short or middle term basis with swing trades or similar rather than just overspeculating the whole market into a one-sighted direction and rushing into the market in and out. In this manner it will be crucial to keep up to date and see how the market dynamics swift to be prepared on the scenarios mentioned, 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
22
USDCHF, Develops Main Bear-Flag, Important Perspectives!Hello, Welcome to this analysis about USDCHF on the 4-hour timeframe perspectives. As when looking at my chart we can watch there how USDCHF recently increased with bearishness in the structure and fell below the 0.9175 support which now confirmed as a main resistance. From there on USDCHF moved on to form this main potential bear flag formation in which USDCHF emerged with a wave count within the formation and already almost completed it. This potential flag formation together with the initial impulse to the downside are forming the first waves A and B of the main wave count. If USDCHF now increases with bearishness further and finally breaks down below the lower boundary of the channel this will complete the whole formation as a bear flag and USDCHF will continue down the line to approach the lower bear flag target zone marked in red in my chart. When the whole bear flag formation has been completed it is also likely that USDCHF continues with increased bearishness. Once the targets have been reached the situation needs to be elevated again and USDCHF needs to show if it manages to reverse in there or when this does not happen and USDCHF breaks below the level a bearish continuation and extension of the wave C will be indicated. 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
9
TOTAL CRYPTO-CAP, Complete H-S-Formation, Precarious Now!Hello, Welcome to this analysis about the total cryptocurrency market cap and the daily timeframe perspectives. The whole market recently heavily dumped to the downside which happened simultaneously with the stock market also dumping and after the news came around that the European Union Financial Regulatory Arm wants to completely ban Proof-of-Work mining, this had immediate dramatic effects on the market with nearly all coins heavily declining to the south. Now in this development the whole market as I detected completed the main formation with this mega dump and now there are further determinations that should be considered when looking forward. In any case, we currently should not underestimate the possibility of a bearish continuation and be prepared for it. In this manner, I detected all the important levels and upcoming developments we need to consider here. Structural Developments: As when looking at my chart we can watch there how the total cryptocurrency market cap has formed this massive decisive head shoulder formation with all elements of the formation already completed and recently the breakdown happened below the neckline which technically completed the whole formation. In a YouTube video, I explicated this formation, you can still watch it as it is still active. Now as the total cryptocurrency market cap dumped into the 640 Billion US-Dollar support marked in my chart in grey this is a crucial level because it will decide upon the upcoming outcomes of either a possible reversal or not. For now, the total cryptocurrency market cap has a major resistance cluster marked in my chart in red where several resistances coming together and with that being said when the total cryptocurrency market cap moves into this zone a heavy pullback will be highly likely. Upcoming Determinations: Taking all these factors into the consideration it will be highly conclusive on how the total cryptocurrency market cap moves after pulling back off the resistance cluster, if the market then breaks down below the 640 Billion US-Dollar support then a wave C extension will be indicated as it is seen in my chart. Otherwise when this does not happen, which is the less possible scenario is when the market stays above this main support and initially manages to stabilize within to form a reversal in this area however according to the strength of the breakdown and the high intensity with which bearishness showed up in the market the initial bearish continuation scenario has a higher possibility as the final head shoulder target zone still has not been reached yet this will happen with the wave C extension. For now, we need to be prepared for such bearish volatility continuations. 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
6
BITCOIN; Dump BUT This Formation Will Be The DECISIVE-FACTOR!Hello Cryptocurrency Community, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. In recent times Bitcoin showed up with a serious dump in the structure after it did not manage to hold the 39.500 USD level. Nevertheless, in this whole development, important news came through in the market that are indicating that the technological and fundamental development of Bitcoin is actually increasing not decreasing. Miners accumulation reached new highs, Coinbase launched a partnership with MasterCard and Walmart plans development of an in-house own Cryptocurrency as well as an NFT-division. All these factors are contributing to the fact that the sentiment for Bitcoin is actually positively bullish. Nevertheless, the technicals are also highly pivotal in this case, this is why I detected a major formation forming with Bitcoin together with the central levels that will be highly important within the upcoming times. Structural Developments: Taking all these factors into the consideration here Bitcoin and looking at my chart we can watch there how Bitcoin has developed this primary descending triangle formation. In this descending triangle formation BTCUSD has the wave count with the waves A to E almost completed. Now with the ending and finalization of the wave E which simultaneously formed out of the dump Bitcoin is testing the main lower boundary of the triangle which is matching with the initial structure-support marked in green. When Bitcoin manages to bounce in this area and finally breakout above the upper boundary of the descending triangle formation as it is seen in my chart this will complete the whole formation and from there on Bitcoin will have the ability to continue further. Nevertheless, it will be highly crucial on how Bitcoin continues from there and how Bitcoin tests the remaining resistance at the 45.500 USD level because when Bitcoin heavily pulls back from this point on this will lead to a devastating reversal down the line. Upcoming Determinations: Therefore it will be highly decisive on how Bitcoin actually potentially stays within this structure above the 38.000 USD level because if this does not happen and Bitcoin breaks down below this level the whole reversal formation will be invalidated and Bitcoin is likely to continue bearishly into the bearish continuation zone marked in my chart in red. However, when Bitcoin manages to stay in the structure and form a substantial stabilization within this can lead to a great reversal with Bitcoin actually managing to breakout above the remaining resistance, such a development will lead to the wave C extension above the resistance as it is marked in my chart. For now, it will be highly necessary to await these confirmations before rushing into the market and overspeculating the market into a one-sighted direction. As it is always the case in such situations, it is important to await the proper confirmations and keep calm before moving to further conclusions, fundamentally speaking Bitcoin has still potentials however this on the middle and long term basis needs to be validated also from a technical perspective, it will be an interesting journey 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
25
BITCOIN ALERT, Massive ICHIMOKU-CLOUD-SIGNAL Flashed!Hello Cryptocurrency Community, Welcome to this pivotal analysis about Bitcoin on the weekly timeframe perspectives. Since Bitcoin several times tested the 40.000 to 42.000 USD level for support there moved some important things within the cryptocurrency market and in this case we can watch how institutional interest is heavily increasing, since 2021 already seen important institutions moving into Bitcoin such as TSLA or MicroStrategy increasing their Bitcoin holdings we can watch this dynamic holding on. Besides that other classical economic payment providers such as MasterCard lining into the Bitcoin field and we can watch an increased hash rate bouncing to new highs again. All these very important indications paired with the fact that Bitcoins leverage ratio is still remaining at an all-time-high are pointing to a scenario in which Bitcoin will increase with volatility price actions in the upcoming times. This is why I detected an important technical signal that recently flashed on the weekly, and therefore I explicate all central levels and upcoming determinations to consider with Bitcoin here. Ichimoku-Cloud Base-Conversion-Line-Crossover Signal: As when looking at my chart now we can watch there how Bitcoin moved into an important structure now. As it is seen in my chart Bitcoin already completed the major Ichimoku Cloud Signal in the past in which the Base Line marked in red in my chart which is calculated by adding the past 26-day highs to the past 26-day lows and dividing them with 2 has crossed above the Conversion Line marked in blue which is calculated by adding the past 9-day highs to the past 9-day lows and dividing them by 2. This signal already emerged several times in Bitcoins past last seen as it is marked in my chart from the 14th to 21th June of 2021. This signal was always followed by a great astonishing expansion of price-action and increased volatilities to the upside. Taking this into the consideration there is a very high likelihood given that this very same pattern will evolve here again. Besides this high possibility Bitcoin also showed up with other important technicals such as bouncing off the magic 70-EMA and also validating the green Ichimoku Cloud as support. Further Indications And Upcoming Determinations: Taking all these factors into consideration now there are other things adding up to the whole development such as the structure Bitcoin is forming now similar to the previous Ichimoku Cloud Signal which is the given possibility for Bitcoin when bouncing in the structure to form this Triple Bottom formation again in which the first bottom and second bottom like in the first formation have been already formed. If Bitcoin then manages to bounce in this zone again and form the third bottom the pattern will be completed and from there on Bitcoin will have a higher possibility to increase volatility such as it was seen in the previous Ichimoku Signal. Therefore it will be interesting how Bitcoin moves on here and continues further. Remember to always wait on the proper validations before moving into the market, in this case, it is necessary to watch out how Bitcoin possibly completes the bottom here. From a fundamental perspective, there are also green lights on therefore it will be an important development to watch out for the next time. 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.
BYBIT:BTCUSD.P
by VincePrince
47
SHIBA INU, 2Nd Historical TRIANGLE Emerges, CYCLE-CONTINUATION!Hello, Welcome to this analysis about Shiba Inu on the 2-day timeframe perspectives. The cryptocurrency market is not what it was back in 2017 where everything moved in one direction and all cryptos showed up with heavy upside volatility expansions. These times there is an increased divergence between certain cryptocurrencies and this is why there are coins that show solid bullish potential setups while there are others that are showing increased bearish probabilities. These divergences are highly important to consider within the market and it is the best practice to pick these coins that show up with the most potentials, in this case, I spotted a major formation forming with Shiba Inu and its ongoing cycle and therefore I discovered all the important levels, structural developments and upcoming determinations we need to consider with Shiba Inu. Shiba Inu Historical Triangle And Wave-Count: As when looking at my chart now we can watch there how Shiba Inu is within this paramount massive ascending cycle channel in which it initiated the main wave count and already completed waves 1,2,3 and 4. The first wave emerged out of the first buyers moving into SHIBUSD and resulting in this massive bullish spike to the upside, the second wave moved into the first historical descending triangle formation as it is marked in my chart in blue, with this second wave Shiba Inu approached the lower boundary of the massive ascending cycle channel which is highly pivotal support in this case from where the third wave and the hype around Shiba Inu had its origins. Now within the fourth wave Shiba Inu is building a highly similar descending triangle formation as it was seen within wave 2 and within this Shiba Inu also already finalized the main wave count. Upcoming Determinations And Objectives: Taking all these factors into the consideration now Shiba Inu is on the verge to a massive move when this whole descending triangle formation completes as it is marked in my chart with a breakout above the upper boundary. Currently, there is a very high likelihood given that Shiba Inu shows up with it because it already heavily bounced within the lower boundary matching together with the 85-EMA in my chart. When the final confirmation emerged Shiba Inu will activate the initial descending triangle target zone marked in my chart in the first blue level. When Shiba Inu approaches this first target and manages to stay in this area to build up with a possible follow up formation this will be the continuation setup for Shiba Inu to fully expand with the 5th wave in the whole wave count finally approaching the upper boundary of the massive ascending cycle channel. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market 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
25
BITCOIN, Magic Descending-Channel-Fractal A Second Time!Hello, Welcome to this analysis about Bitcoin on the 2-day timeframe perspective. In recent times Bitcoin has shown up with highly bearish encounters to the downside to form its preliminary low at the 40.000 USD level. Nevertheless on the other hand simultaneously the utility of Bitcoin increased and many important technological developments in the Bitcoin field moved on such as classical economy providers like JP Morgan and Chase adopting Bitcoin technology or ex Twitter CEO Jack Dorsey's company building their own Bitcoin Mining Technology. All these developments are driving the Bitcoin utility and can have an important impact on a potential reversal. Besides that, the next country which is Tonga is looking to adopt Bitcoin as a legal tender which is also a pivotal determination that is likely to accelerate mainstream adoption. Together with the important fundamentals, I discovered a major fractal-formation Bitcoin is forming now that will be highly decisive in the upcoming times, therefore I discovered all the important levels and determinations to consider. Bitcoin Major Descending-Channel-Fractal And The Phases From A To E: Looking at my chart we can watch there how BTCUSD already once formed this massive fractal formation that moved in essentially 5 phases from phase A to phase E all together within this main descending-channel-formation. As Bitcoin now already initiated the descending-channel-formation similarly as within the first fractal this is already the setup to complete the fractal as Bitcoin already moved on with the phases A to D. As seen in my chart all these phases included the same elements so far, with Bitcoin setting up the fractal with a first bounce off the lower boundary in phase A, then moving on with two pullbacks off the upper boundary in phase B, after that forming the initial low with the high wick candle and then what also exactly already developed like in the first fractal is the pullback from the middle-range of the whole descending channel formation. Besides, there is the potential triple bottom forming like it already completed in the first fractal. All these phases have been already completed, what remains now is the bounce within the structure and breakout above the upper boundary to emerge with the phase E which will finalize the whole fractal with the breakout marked in green in my chart. Upcoming Perspectives, Fundamentals And Determinations To Consider: Taking all these factors into the consideration now it will be highly decisive on how Bitcoin actually forms a potential breakout above the upper boundary of this whole descending channel formation. When the breakout emerges appropriately then it will be a greatly determined setup for a major expansion-bounce as it is seen in my chart, if such a bounce emerges it will be a source for a continued determination with a potential continuation bull-flag to emerge as we have seen it already in the first fractal. In any cases there is a high likelihood given that Bitcoin shows up with higher highs. From a fundamental perspective we also currently see accelerated increased inflation in the US on 40 years high with 7.8% and in other regions even more. Such an inflation rate is likely to fuel hedges against inflation such as Bitcoin with money as people moving out of fiat into property values. From a fundamental perspective therefore there is a good ability for Bitcoin to complete this whole pattern and show up with the appropriate determinations also on the middle to long term basis in this case, it will be an important development ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market 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
32
GBPUSD, Massive Broadening-Wedge To Finalize!Hello, Welcome to this analysis about GBUSD and the 12-hour timeframe perspectives. As when looking at my chart we can watch there how GBPUSD moved on to develop this major broadening-wedge-formation with a coherent wave-count reaching from A to E. As GBPUSD finalized the wave-count with the last wave-E a substantial bounce from there on emerged bringing GBPUSD above the 65- and 100-EMA. Now GBPUSD is moving on to form a main triangle-formation above these EMAs, this whole triangle formation will be completed when GBPUSD holds on to the EMA-supports and bounces in the region. A bounce above the upper boundary as it is seen in my chart will finalize the whole formation and GBPUSD will move on to continue further as well as activate the targets seen in my chart. Once the targets have been reached the situation needs to be elevated again, it will be an important journey ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market 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
9
Ethereum, Channel-Breakouts To Emerge!Hello, Welcome to this analysis about Ethereum and the 4-hour timeframe perspective. As when looking at my chart we can watch there how Ethereum has now developed a decisive structure with this major descending-channel-formation and the coherent wave-count within reaching from A to C that has already been completed. As Ethereum now with the finalization of the wave-C moved into the ascending-trend-line matching together with the lower boundary of the descending-channel-formation a bounce in this structure occurred from were on Ethereum moved on to form an initial wave-A of this wave-count to the upside. The wave-B is now developing in a shape of a bull-flag and once this bull-flag has been completed Ethereum will have the abilities to approach the main remaining upper resistance-zones marked in my chart in red within the ascending-resistance-line. Once Ethereum reached out there it will be decisive on how a pullback from there emerges which is likely, after that Ethereum needs to show if it manages to hold the structure or firstly pulls back again, it will be an important determination ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market 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:ETHUSD
by VincePrince
5
BITCOIN, FED-Dump, Binance Buys 43000 BTC, Objections Now!The recent times were turbulent for Bitcoin, a massive volatility move resulted out of the fact that the FED released its protocols of the last meeting in which a decision of a possible decrease of their balance sheet which is currently 8.3 Billion US-Dollar was made. There was no action behind this statement made so far nevertheless we have seen Bitcoin heavily dumping just seconds after this statement was released. The declines did not only show up in Bitcoin but also other worldwide assets such as the stock market and gold. This shows how fragile financial markets are especially on exterior influences such as the FED coming up with new decisions while there wasn't any action behind, it is pointing out that such events can have a pivotal effect on the market and that we as traders can prepare on these events with the proper line-up. Binance Multi-Billion-Dollar Bitcoin Purchase: This dump was clearly initiated by the FED-release which accelerated the dynamic and taking this into the consideration now the good news is that the dump did not emerge because Bitcoin loosed its value or because the users, many panic sellers came up or users lost trust in Bitcoin like it may be the case in other situations. In fact, it is the other way around, within this Bitcoin dip institutional interest actually profoundly increased from a technological adoption standpoint as well as from an accumulation standpoint as I already mentioned in my YouTube update uploaded recently. Binance in this whole dip made a MASSIVE purchase of 43000 BTC which is actually equivalent to around 1.800.000.000 BILLION US-Dollar, this makes Binance almost the second-largest Bitcoin institutional treasury holder after MicroStrategy. These facts show a clear surge in institutional interest while Bitcoin made the dump caused by the FED announcement. Bitcoin Leverage-Ratio At A All-Time-High: While Bitcoin continued its downward journey after peaking at 69.000 USD in November 2021 there was a steady acceleration of leverage used in the exchange to trade Bitcoin, this dynamic made the leverage ratio of Bitcoin go up and it shows also that more and more leverage is used to trade Bitcoin. As Bitcoin initially stopped with its downtrend at the 4th of December and moved into the trend-finding phase the leverage ratio still moved up simultaneously while the volatility decreased. Taking this into concern it has to be marked that it is likely that an increased volatility phase is awaited as the contraction of Bitcoin settled while the leverage has still gone up this is likely to accelerate and increase price actions when stop losses are hit. Such a dynamic can go in both directions however as Bitcoin is already dumped heavily there is a higher potential that stop losses of short order actually will be triggered. Technical Developments And Bitcoins Upcoming Destinies: As when looking at my chart we can watch there how BTCUSD now continued to move on to test this main 41.350 USD support level which is marked in my chart in blue. This is a crucial level for Bitcoin as it already bounced several times off and on this level, with this fact there is a higher possibility given that Bitcoin managed to bounce again in this level however if this does not happen and Bitcoin falls below it will be the new resistance in this case. Besides, that Bitcoin is forming this main descending-triangle formation which can be completed if Bitcoin manages to hold the support however if this does not happen and Bitcoin rejects off the remaining resistance at 45.900 USD and pullback again this will invalidate the whole formation. For now, it will be highly crucial to watch out of the whole formation can be completed or not because in this case, we should not underestimate a possible volatility-increase and an invalidation of the formation. As traders we need to think into both direction and plan several scenarios into the market approach to act accordingly if one or the other scenario actually emerges, this is also the case here. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The advancement and diffusion of events is the only guardian of true liberty." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
82
FED-Meeting To Bear-Decline BUT Ethereum Forms This FormationHello, just seconds after the FED yesterday announced its protocol about the last meeting which took place at the 14th and 15th of December Bitcoin and other Cryptocurrencies made a pivotal bearish plunge to the downside. The FED announced that it possibly plans to reduce its balance sheet of currently 8.3 Billion US-Dollar. Such a development can lead to important changes in the market interface for the stock market as well as Cryptocurrencies. Nevertheless, this is currently an announcement and the action wasn't taken yet. In this case, the market is currently testing previous support levels out and is looking if these hold or just the next leg to the downside emerges. The FED Announcement And The Cryptocurrency Market: In such a situation as traders in the Cryptocurrency Market, it is important to look on where the potential opportunities stay and therefore it is necessary to distinguish all the different Cryptocurrencies with the individual formations that they are forming because all of them are diverging especially within the recent times. There are Cryptocurrencies that are forming more bullish potentials while others have a higher likelihood of validation on the short-side. Therefore looking at ETH now we can watch that it moved directly into the 3400 USD level which it is now testing and on a broader scale, Ethereum is forming an important formation that still has positive possibilities. Ethereums Formation Development And Upcoming Prospects: Taking these factors into the consideration looking at my chart we can watch there that Ethereum initiated this main descending-triangle-formation with a coherent wave-count within the formation and a important confluence-point which Ethereum is now testing where the lower boundary accumulation range, the lower boundary of the triangle and the 250-EMA are coming together. If Ethereum manages to bounce within this zone and actually breakout above the upper boundary of the formation this will confirm the whole formation and Ethereum will setup for further continuations, in this case also the further target-zones will be activated. Therefore, it will be highly necessary to watch out how Ethereum evolves here because when it breaks down below the 3000 USD level the whole formation will be invalidated, it will be an important determination ahead. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The past, like the future, is indefinite and exists only as a spectrum of possibilities." Information provided is only educational and should not be used to take action in the markets.
BYBIT:ETHUSD.P
by VincePrince
17
BITCOIN, It Is The CALM Before The STORM!Hello Community, Bitcoin is in a pivotal range building up within recent times into the New Year 2022 and history has shown that such a pattern will lead to a devastatingly high-volatile breakout sooner than later, most often in times when people least expect it. Therefore it is necessary to be prepared on upcoming volatilities and look at how the market can develop, especially also in the Altcoin Section this can bring some worthwhile opportunity potentials to the fore. As the beginning of the year normally marked an important milestone in which Bitcoin is likely to show up with central price-changes and volatility increases this can also happen here. While Bitcoin adoption and technology advancement is still moving on there are major structural technical elements to consider here, therefore, I discovered all the important levels, upcoming determinations, and scenarios we need to consider with BTC holding above the 46.000 USD level and building this paramount formation. Looking at my chart we can see there that Bitcoin build this clear channel-formation which it initiated with the first major wave-A to the upside and after that moved on with the second major wave-B to form this main channel formation. Within this channel formation of which the wave B is simultaneously consisting Bitcoin is forming the local channel wave count reaching from A to E with the waves A to D already completed. The wave C had its origins within this main local triangle formation that formed in the lower boundary range, such a similar local triangle formation is now forming as well and once this is completed the wave-E has a high likelihood to emerge. When the wave-E appropriately emerges it will be highly decisive on how Bitcoin actually approaches the upper boundary of this whole channel formation, when Bitcoin in this case moves on to hold this higher level there is a solid possibility given that Bitcoin breaks out the channel and continues with the wave-E-extension as well as with the wave-C-expansion. In this case, BTC will have the ability to test the main remaining resistance within the 56.000 USD which is still a highly crucial level because this can mark either a strong reversal point or a point above which Bitcoin has the ability to build upon. For now, it is necessary to be prepared for upcoming volatilities and then see how Bitcoin evolves, it will be a determining journey. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market 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.
BYBIT:BTCUSD.P
by VincePrince
33