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Vinceprince

ETHEREUM, Major BREAKOUT Of Massive TRIANGLE-FORMATION!!Hello, Welcome to this analysis about Ethereum and the daily timeframe perspectives. As mentioned already previously the cryptocurrency market these days is changing constantly and the divergence between certain cryptocurrencies is increasing more and more. There are coins with deliberate bullish formational developments, coins that are in a neutral edge, and coins that look rather bearish. These different assumptions are highly important and need to be taken into account when considering an appropriate diversifying arbitrage approach. In this manner Ethereum currently is developing a highly bullish establishment with the main formation that I discovered recently completed, therefore I am looking at the important levels and upcoming determinations. As when looking at my chart now we can watch there how Ethereum has formed this massive ascending-triangle-formation with the coherent wave-count reaching from A to C recently completed. And as Ethereum now appropriately bounced off the 45-EMA in red and the 20-EMA in green this was the origin for Ethereum finally marking above the upper-boundary of this whole formation where it is now building this confirmational flag-formation which is actually confirming the breakout and this whole formation. As this is now the final validation of the formation a breakout above this confirmation-formation will lead to the further bullish determinations and the approach of the initial target of 6740 Usd, after this has been reached next conclusions need to be made. 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.
BYBIT:ETHUSD.P
by VincePrince
11
BTC, Huge Global ASCENDING-WEDGE Indicates DECADE-REVERSAL!Hello, Welcome to this analysis about Bitcoin, we are looking at the global 4-day timeframe perspectives. In recent years Bitcoin established an ongoing bull-market with continuations of higher highs in the structure, Bitcoin even managed to recover from the heavy corona-crash-breakdowns we have seen by March 2021 in a profound and unforeseeable manner. Nevertheless, we should not underestimate the continuous threats that Bitcoin needs to defend against, from the regulatory insanity that many governments want to push through to the constant disinformation campaigns against Bitcoin, therefore although Bitcoin managed to continue with higher highs in the past we should not keep a bearish perspective out of sight especially as indications are showing it as I recently developed, therefore, in this analysis I look realistically on this situation and what we should expect in the upcoming times with the crucial developments. As when looking at my chart we can see there how Bitcoin is since it moved on with higher highs and the bull-market that had its origins in the 2018 bear-market-bottom is now forming this massive ascending-wedge-formation with the coherent wave-count in the formation and the waves A to D almost completed. Now as Bitcoin bounced in the lower-boundary matching with the 15-EMA in green and the 65-EMA in red again this is the origin of the wave E to the upside which will finalize the whole wave-count and complete this paramount formation when Bitcoin moves into the upper confirmed cup-and-handle-target-zone this is likely to result in a pull-back also because of this overbought condition which will be omnipresent then. Besides that, a crucial development is also seen with the MACD which is actually forming a bearish-divergence as the price-action formed higher highs and the MACD lower highs. Taking all these factors into account here we should in any case do not keep the bearish perspective out of sight and be prepared on potential upcoming volatilities which will lead to Bitcoin reaching out to the target-zone from where the situation needs to be elevated anew. 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.
COINBASE:BTCUSD
by VincePrince
56
BITCOIN; BEARISH PRESSURE Completed Formation, CONCLUSIONS NOW!Hello, Welcome to this update-analysis about Bitcoin and the 4-hour timeframe perspectives. In the recent times regulatory pressure on Bitcoin increased again and this manifested in real-time-price-action with bearish-pressure to the downside so Bitcoin moved on to completed this whole head-and-shoulder-formation bearishly to the downside increasing below the neckline. With the completion of this formation to the downside, Bitcoin is now in a precarious situation, although it is likely that Bitcoin firstly bounces here there are important resistances within the structure determined by the neckline marked in blue, the red resistance point-of-control line of the volume-profile marked in red, the descending-resistance-line marked in dashed red as well as the 65-EMA in red and the 45-EMA in green. Taking all these factors into the consideration there is an increased possibility given that when Bitcoin moves into these major resistances a rejection will happen from where Bitcoin will continue bearishly to the downside. Also Bitcoin with the completion of this formation activated the lower target-zone marked in blue which will be appointed then. Once Bitcoin reached out to this zone it has to be elevated how it continues from there and if there comes a possible reversal or not. In any case, the bearish scenario should not be kept from the desk here and we need to be prepared for it. 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
20
SHIBA INU, HUGE Triangle COMPLETED, ROAD To New A.T.H!!Hello, Welcome to this analysis about SHIBA INU and the 4-hour timeframe perspectives. Since Shiba heavily exploded from its accumulation phase to the upside it showed up with a major altcoin-bull-paradigm within the cryptocurrency market almost replicating what Doge once did. The volume and trading activity for Shiba heavily increased in an accelerated manner never seen before and as this increase of bullishness happened Shiba became the most traded currency in coinbase. All these paramount developments can be kept from the desk and in this analysis I have a look at what is going on with this coin and if we can expect a continuation of this established bull-phase Shiba has shown up with. As when looking at my chart now we can watch there that since showing up with the massive bullishness Shiba began to form this huge ascending-triangle-formation with the coherent wave-count within the formation almost completed before Shiba Inu recently showed up with the bounce off the important and pivotal 20-EMA confirming the strong bullish breakout above the upper boundary of this absolutely central formation. Also Shiba was one of the strongest coins with this recent breakout moving several points above the previously established high and increasing with spread and volume in this case. Above the upper-boundary Shiba is now forming this triangle-formation which is confirming the breakout. The fact that Shiba formed this solid breakout above the boundary and that it is now validating the breakout with a formation gives the indication for the next main bullish wave to show up within the upcoming times as marked in my chart. When this happens and Shiba moves on forward to increase bullish demand and price-action this will lead to the new all-time-high above the previous one marked in my chart at the 0.00005 level in orange. This will be the forming of this major wave C to the upside and the overall targets of this wave are within the 0.000064 level marked in blue from where the situation in terms of bullishness needs to be elevated anew, for now, we should expect the wave to emerge as the technicals give the green light. 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
34
BITCOIN After The Dump, H-S-Formation Develops!Hello, Welcome to this analysis about Bitcoin and the 4-hour timeframe perspectives. In recent times Bitcoin managed to heavily built-up bullish price-action and shoot into the new all-time-high after the first Bitcoin ETF got its approval, this development is likely to bring on further volume and demand into the market. Nevertheless after this new all-time-high has developed Bitcoin showed up with a pullback and moved back into its range increasing heavily with bearish price-action, this was a good dynamic for us in the VIP channel to profit on the short-side. As Bitcoin now showed up with these establishments there is a pivotal formation forming that I am explicating now. When looking at my chart we can watch there how Bitcoin increased bearish price-action and moved into the 60200 USD level to initially bounce to the upside from there on, this level is also simultaneously supported by the ascending-trend-line marked in darker grey in my chart. Besides, Bitcoin has support by the 65-EMA at this level. In this case now we can expect Bitcoin to firstly bounce in this area and what happens after it will be important as Bitcoin is about to finalize this huge decisive head-shoulder-formation with the left shoulder and the head already completed, now the right shoulder remains which will complete the whole formation and show the way into either direction. Taking all these factors into the consideration now, as Bitcoin has these major supports within the structure, currently, there is a slightly higher possibility for Bitcoin to complete this head-shoulder-formation bullishly to the upside, this possibility is slightly higher with a 55% possibility compared to the 45% possibility bearish scenario, nevertheless, it will be important on how Bitcoin moves on further with this now and it is necessary to await the final confirmation here before finally moving into the direction and rush into trades that do not satisfy. When considering the bullish case fundamentally it will be important on how the ETF developments move on and if new ETFs got approval which can bring fuel to the completion of the H-S-Formation. 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
22
BITCOIN, New ALL-TIME-HIGH, Important Considerations Now!Hello, Welcome to this update-analysis about Bitcoin and the 2-hour timeframe perspectives. The roadmap to a new all-time-high that I mentioned in the origin-analysis was now successfully fulfilled and Bitcoin made the new all-time-high as expected, if you did not see these analyses already I highly recommend them to watch to have a full-depth-overview. In recent times we saw institutional interest in Bitcoin heavily increasing especially as the very first Bitcoin ETF was approved by the SEC which makes Bitcoin tradable for the masses, because of this we have seen this massive pump in the structure with Bitcoin almost exploding into a new all-time-high increasing paramountly with spread and volume. Now as this new all-time-high developed there are important considerations that I discovered which will be meaningful in the next times for Bitcoins development. When looking at my chart we can watch there how Bitcoin moved into the new all-time-high region and after that firstly rejected in the structure which is a pivotal reaction of the market as people who had long positions open took profit in this region and in this case the pullback was expected and emerged. In this structure as I detected Bitcoin is forming now this major head-and-shoulder-formation with the left shoulder and the head already completed, the right shoulder is about to complete in the near future which will finalize this whole formation when Bitcoin moves below the neckline. When this happens the head-shoulder-target-zone marked in my chart in blue will be activated in which Bitcoin will have the ability to stabilize and back-up again, when Bitcoin manages to do so there will be potential for a bullish continuation when Bitcoin manages to increase bullish demand sustainably and finally move on with this further in the all-time-high region, for now, we should not keep the bearish correction from the desk to properly prepare on those scenarios as it should be, 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! "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.
BYBIT:BTCUSD.P
by VincePrince
19
Bitcoin, Ascending-Triangle, These Levels Are Important!Hello, Welcome to this analysis about Bitcoin and the 45-minute timeframe perspectives. In recent times Bitcoin moved on with bullish encounters and formed the highest weekly close in Bitcoin history reaching near the all-time-high region nevertheless as I discovered now there is an important formation forming as I discovered that should not be underestimated here as it can indicate a initial important reversal moving in. Therefore as when looking at my chart we can watch there how Bitcoin is now forming this main ascending-triangle-formation above the 15-EMA which is marked in red in my chart. In this formation, Bitcoin has the coherent wave-count reaching from A to E almost already completed and this whole formation will finally finalize once Bitcoin breaks out below the lower boundary of the triangle as it is marked in my chart, once this happened it will be the origin for further bearish continuations to the downside and Bitcoin will have firstly activated the 59600 Usd level marked in blue as a target-zone. It will be important how Bitcoin moves into this zone when the formation completed, when it is a strong bearish move with high volatility a bearish continuation should not be kept from the desk. Therefore we need to be prepared on potential increasing bearish price-actions to take appropriate action when it shows up, 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! "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
BITCOIN, Channel-Breakout Emerged, Further Determinations!Hello, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. As mentioned in the previous analysis Bitcoin formed this major ascending-channel-formation, if you did not see this analysis already I highly recommend to watch it having a full-depth-overview. In recent time, Bitcoin formed the breakout above the upper-boundary as expected which is now fulfilling one fundamental groundstone for the all-time-high to finally complete. In this case now I discovered further important determinations that are necessary to consider here, therefore I detected all the important levels, structural formations and upcoming determinations we need to consider with Bitcoins established structure. When looking at my chart now we can watch there how Bitcoin moved on with the breakout above the upper-boundary and advanced further in this area. Now as Bitcoin approaches the local resistance a pullback from there on has a higher likelihood, once this pullback has completed it will be important on how Bitcoin approaches the levels in the structure mainly the confirmational-bounce-cluster that is marked in blue in my chart. In this cluster several supports coming together such as the horizontal support, the upper-boundary of the ascending-channel and the 20-EMA, this level is important to hold and bounce off and when Bitcoin shows up with it this will lead to the origin-formation to complete a new all-time-high. Taking all these factors into consideration there is good potential to consider a confirmational formation above the upper boundary here which can take the shape of a bull-flag or a triangle-formation, once this formation completed and bullish continuations show up it will lead to the breakout into the new all-time-high. In this case it is necessary that Bitcoin really shows up with the bullishness and does not increase bearish signs that can invalidate the formation and lead to a pullback again. As always it is pivotal to await the final confirmations before moving into a proper direction rather than over-speculating the market into a one-sighted direction and rushing into trades that do not satisfy. 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.
by VincePrince
26
BITCOIN TRIANGLE-CYCLE, These TRIANGLES Are EXTREMELY PRECISE!Hello, Welcome to this analysis about Bitcoin, the weekly timeframe perspectives, and the major underlying triangle-formation that I have detected coming in several different variants and timeframes on the lower as well as higher timeframes and varying in amplitude. What is so amazing with the triangles Bitcoin is forming is that they actually are extremely precise and in a highly vast majority of cases reach the objected target-zones. Therefore I will look at the past triangles Bitcoin that I published Bitcoin has formed in the past and then also contribute them into the broader context with the long-term-cycle Bitcoin is trading in and the current main decisive ascending-triangle-formation likely to complete next. ▶ Current News Objectives: From a fundamental news perspective, we can catch some very important and pivotal developments in the Bitcoin and Cryptocurrency space recently. Since China the previously biggest Bitcoin mining hub banned Bitcoin mining and trading just two months ago miners from China settled out into more supportive places mainly in the united states and now just two months after the ban the United States became the biggest Bitcoin mining hub, this is why we see mining activity and the hash rate increasing recently which is converting into increased demand and therefore positive for Bitcoin bullish developments. Besides the launching of a major Bitcoin-ETF comes nearer, therefore these developments indicate a bullish sentiment that fulfills the fuel for Bitcoin's current major triangle to complete. ▶ Major Bitcoin Triangle-Cycle And The Current Triangle Forming: When looking at my chart we can watch there how Bitcoin has established this major triangle-cycle with two massive historical triangles already completed, the first historical triangle is this huge ascending-triangle and the second is this precise symmetrical triangle formation, both targets of these two major massive triangle-formations have already reached, the target of the first ascending-triangle with the peak of 2017s bull-market and the second of the symmetrical triangle with the top at 60.000 USD before the China FUD spread. Now in the current dynamic, we can see this very solid ascending-triangle forming which is marked in blue and which is likely to complete in the next times because demand is increasing both fundamentally and technically, completion of this triangle will appoint to the upper distribution range of the massive triangle-cycle from where Bitcoin needs to show if it reverses or forms the next triangle. ▶Previously Formed Bitcoin Triangles Analysis: Bitcoins Huge Symmetrical Triangle Reached Its Major Target-Zones At The 60.000 USD Level: Bitcoin Triangle On The 4-Hour Timeframe Completing With A Exponential Upside-Breakout Like Expected: Bitcoin Triangle-Formation On The 1-Hour Timeframe Fulfills More Likely Bullish Breakout To Reach Out Targets: Bitcoin Triangle On The 4-Hour Timeframe Finalizes With Higher Likelihood Bullishness To Accelerate Bullish Volatility: 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.
BITSTAMP:BTCUSD
by VincePrince
42
USDCHF, Ascending-Triangle Completion Incoming!Hello, Welcome to this analysis about USDCHF and the daily timeframe perspectives. As when looking at my chart we can watch there how USDCHF is building this main ascending-triangle-formation marked in blue, in this triangle USDCHF has the coherent wave-count reaching from A to C and now recently pulled back off the upper-boundary of the triangle serving as resistance together with the 500-EMA in red and the 400-EMA in green. It is likely that this pullback moves on in the near future and when USDCHF then marks below the lower boundary of the triangle this will complete the whole triangle bearishly and will be the origin for further bearish continuations as well as activation of the lower target-zone in the 0.8765 Usd level marked in blue. When USDCHF reaches out this level the situations needs to be elevated anew and how USDCHF reacts into it. For now we should expect the completion of the ascending-triangle to happen, it will be an important development. 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! "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
13
ETHEREUM, Develops MASSIVE Triangle, BULL BREAKOUT More Likely!Hello, Welcome to this analysis about Ethereum and the 2-day timeframe perspectives. Ethereum in the recent times developed important structures especially with a bullish edge and in this case on the more global timeframe perspectives I discovered a major important formational structure on which Ethereum can build up and continue with a decisive breakout. Therefore, as when looking at my chart we can watch there how Ethereum has now formed this huge triangle-formation marked with the boundaries in blue, in this triangle-formation Ethereum has a coherent wave-count with the waves A to C already completed and with the wave D currently in the development to follow up with the wave E after it. Once the wave E has finalized this will be the completion of the whole wave-count after which the final breakout will emerge. As Ethereum is now still strongly holding above the 50-EMA in red as well as the 25-EMA in green a bullish breakout, in any case, is more likely than the bearish one, in a concrete sense the bullish breakout has a higher possibility of 75% compared to the bearish one of 25% this is a lot, all most three times more. Therefore it will be important on how Ethereum finalizes the triangle here and how the final breakout can emerge, when these informations and price-action-developments are given further assessments can be made. 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:ETHUSD.P
by VincePrince
24
BITCOIN, ROADMAP To A New ALL-TIME-HIGH!Hi, Bitcoin has properly completed the main bull-flag-formation and the major massive cup-and-handle-formation in the structure. Bitcoin is now holding solidly above the upper-boundary of the bull-flag and Bitcoin is validating this by staying above the neckline of the paramount cup-handle-formation that completed greatly with the breakout above the neckline, if you did not see these analysis already I highly recommend them to watch to have a full-depth-overview. Now in this structure I discovered important establishments Bitcoin is now developing on the daily timeframe perspectives with a possible accelerating breakout to a new all-time-high-condition incoming. Therefore as when looking at my chart we can watch there that Bitcoin has formed this major huge ascending-channel-formation with the coherent ABC-wave-count within and the local bull-flag recently completed. Bitcoin now moved into a bullish-transition-zone where it is holding above the local bull-flag and preparing to form the further continuation bullish-breakout when demand increases in the near future this is a likely scenario to be expected. When Bitcoin then bounces above the upper-boundary of the ascending-channel it will be the great setup from where Bitcoin merges higher to form the final all-time-high with the wave-C-extension as shown in my chart. Bitcoin is also strongly holding above the 55-EMA in black and the 20-EMA in red which are great supports here, therefore when Bitcoin should pullback these will be the first supports where Bitcoin will likely bounce and continue the dynamics. Once the breakout above the upper-boundary has emerged this will activate upside-targets and technically they are in the 80.000 Usd area. As we see now it is always pivotally necessary to always keep patient in the market and wait for the right confirmations rather than overspeculating the market as it is seen to often these times, it is necessary to have a roadmap to hold against smart money operators and market makers omnipresent in this market. 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
17
The Epical Rise Of Blockchain, Bitcoin And Cryptocurrency!Hello, Welcome to this analysis about Blockchain, Bitcoin, And Cryptocurrency. In the past decades Blockchain, Bitcoin and Cryptocurrency established a paradigm and rise to the top in a faster, higher, and more accelerated manner since it was never seen before in human money history. In fact, as I already mentioned in a previous article Bitcoin is the most innovative and technologically advanced money form in history, it is due to the fact that it is scarce and can not be increased by will like it is the case with fiat money in its form we see today, even gold is not completely scarce because it is unknown how much of it can still be mined, for Bitcoin it is clear only 21 million can be mined. These developments come not from nowhere, in fact, the origins of Bitcoin and other cryptocurrencies as we know seem today have their roots back years before the first Bitcoin transaction was made by the famous Satoshi Nakamoto, all this came from smart people who made thoughts on how a decentralized, scalable and scarce money can be created to the astonishing developments we have seen till today, even whole countries adopting the technology as a legal tender. Therefore I looked at all the important developments for Blockchain, Bitcoin, and Cryptocurrency that were recorded till today and categorized them into three main periods. THE TECHNOLOGICAL-INITIATION-DEVELOPMENT-PERIOD: When looking into the history of Blockchain, Bitcoin, and Cryptocurrency it becomes clear that the first footsteps of this innovational technology were spotted in the 20th century, to be clear it was in 1979 the year in which Ralph Merkle published the Merkle-Tree in its P.h. D. thesis, it was the very first model of a blockchain which already provided an approach to public-key distribution and digital signatures, an epical moment that should lie grounds for the further developments following in past years. In the years following this event many important technological events and inventions took place such as hashcash which was the very first digital form of a proof-of-work conceptual technology, proof-of-work is the central process behind mining Bitcoin. In 2004 then Hal Finney came to the surface whom some describe as the secret hidden Satoshi Nakamoto and in fact this can be possible as Hal Finney already created a Non-Exchangeable Non-Fungible Token Exchange Dynamic with the proof-of-work concept implemented. Then just some years later in 2008 a mysterious Satoshi Nakamoto who can be a group, a person or a company, it is still unkown till today published the Bitcoin white paper. Only one year later the theory became reality and Bitcoin launched with the first transactions taking place, the framework of later exponential developments in Blockchain, Bitcoin, and Cryptocurrency. THE INCREASED-PUBLIC-ATTENTION-PERIOD: Since Bitcoin has firstly seen daylight in 2009 till some years later in 2011 Bitcoin was mainly used by computer nerds and early adopters who found the technology great. Even though many years in the fore have passed with the first technological developments it was still very early for Bitcoin and no public attention caught on however this should change in the coming years with the infamous Mt. Gox cryptocurrency exchange emerging and Bitcoin shooting from some dollars to over 1000 Usd in some months, such a rise in price action was extremely new and in this time Bitcoin was initially spotted by the public, many called it a bubble however following years should prove that this should be not the case. This time was also the period in which other cryptocurrencies besides Bitcoin launched into the space such as Ethereum emerging with its white paper published in 2013 and with the frontier network launching just two years later in 2015, from then on Ethereum moved to the top becoming second-largest cryptocurrency by market-cap besides Bitcoin. This was also the beginning of Cryptocurrency's great astonishing bull-market that protracted till 2017, in which many Cryptocurrency projects launched and IPOs got unbelievable hype. Even to this point many institutions and the public still kept skeptical about the asset which later changed opinion and entered the market and as seen now the skepticism was not approved because Bitcoin formed several higher all-time-highs after it even recovering from the corona crash. THE MAINSTREAM-ACCELERATION-PERIOD: This is the period that began around the ending of the 2017 historical bull-market and is still holding on till now, even it can be said that Blockchain, Bitcoin and Cryptocurrency development is still early and that users coming in just cathing the starting mainstream adoption. Sure Bitcoin showed a heavy bearish crash after the 2017 bull-market however the technological developments still gone on in this phase even when many well-established tech-companies such as Google or Facebook banned Bitcoin, this did not changed the fact that the inherent value still increased and that Bitcoin managed to recover just in this phase, even the corona crash was not able to keep Bitcoin down on the long term and also the well-established tech-companies like Google or Facebook reversed and lifted the bans again to even implement new features such as Twitter implementing the Bitcoin Lightning Tipping feature. All these events drove the demand and realtime-price-action to the upside with Bitcoin reversing and recovering from the heavy corona crashes and making new highs. A new hype around NFTs created and institutional investors from classical payment providers like banks to car companies like Tesla moving into Bitcoin. Even the first country adopted Bitcoin and all these events are due to the fact that we are now in the mainstream-acceleration-phase which is likely to continue for the next time as Bitcoin and Cryptocurrency just began to catch mainstream attention. 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! "Great developments are the seed of fate deeds grow into destiny." Information provided is only educational and should not be used to take action in the markets.
BITSTAMP:BTCUSD
by VincePrince
11
GBPUSD, Develops Major Descending-Wedge, Important Developments!Hello, Welcome to this analysis about GBPUSD and the 4-hour timeframe perspectives. In the recent times GBPUSD has formed a very interesting technical constellation as it already completed the main bear-flag in the structure bearishly this was the wave B in the whole wave-count GBPUSD is forming which it is developing within this massive descending-triangle-formation and already completed almost all waves A to D. Now within the wave D GBPUSD is forming this ascending-wedge which is likely to complete with a bearish breakout in the upcoming times, this breakout then will be the origin of the wave E which completes the whole wave-count and once this is done crucial developments will emerge with GBPUSD testing the lower boundary of this whole descending-triangle-formation because when GBPUSD manages to bounce within the lower boundary there is great potential given for the descending-triangle to complete with a bullish breakout above the upper-boundary. Once this is done GBPUSD will activate bullish targets and the bullish continuation, a reasonable target-zone in this case will be the 1.385 level. For now it will be central on how this formation completes and how GBPUSD shows up after it, it will be an interesting 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! "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
15
BITCOIN, Potential BULL-FLAG, These Are Important Levels!Hello, Welcome to this analysis about Bitcoin and the 2-hour timeframe perspectives. In recent times Bitcoin heavily developed bullishness to the upside and moved into important resistance zones, there is still an underlying demand dynamic in the market, and in this case, now I discovered the main formation Bitcoin is forming here which will be a decisive factor in the upcoming times, especially when it properly completes. Therefore as when looking at my chart, we can watch there how Bitcoin has developed this main ascending-channel-formation marked with the blue boundaries, within this channel Bitcoin has a coherent wave-count with the waves A to C already completed. Currently, Bitcoin is about to form the wave D in the structure on which the wave E will follow that completes the whole wave-count. In this case, it will be important on how Bitcoin approaches the confirmational-bounce-cluster marked in orange in my chart, when there comes a solid bounce to the upside this will be the likely origin of the completion of this whole bull-flag-formation which will be finalized with the breakout above. Bitcoin will then firstly appoint the 59450 level and test it, when the demand can hold on further there is the potential for a bullish continuation above this level. For now, it will be highly important on how this formation completes, remember that it can also be invalidated when Bitcoin breaks down below the supports, therefore we should keep patient and wait for the final validation. 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
8
BITCOINs Massive CUP-HANDLE-FORMATION COMPLETED!!!Hello, Welcome to this Update-Analysis about Bitcoin, in this analysis, we are looking at the 2-day timeframe perspectives. The major cup-and-handle-formation I already mentioned in the previous analysis has now been rightly completed and Bitcoin pulled back from the main resistance to find support within the confirmational-support-bounce-zone rightly as expected, from there on Bitcoin bounced, and continued with bullish developments till the final breakout above the upper-neckline now recently emerged. Technically this was the confirmation of this massive formation and in this case now I discovered the further developments and considerations we need to examine in this situation. As when looking at my chart now we can watch there how Bitcoin is now finally above the neckline and above this neckline it is now forming this confirmational-formation marked with the orange box which can convert into a bull-flag-formation or also a triangle-formation from where on Bitcoin will have the ability to breakout and continue with its further bullish developments to the upside when Bitcoin does not show up with bearish signs and firstly pulls back in the structure. Technically this whole completion of the formation has now activated the target of 95255 USD which is likely to be reached when the bullish demand keeps increasing and Bitcoin advances further with higher highs. Taking all these factors into considerations now there is a good environment for Bitcoins advancement ahead of next times, not only technically but also fundamentally as from a technological perspective many new advancements in this Bitcoin and Cryptocurrency field accelerated such as the adoption of Bitcoin and Cryptocurrency in many fields of the economy reaching from classical payment providers such as MoneyGram adapting Cryptocurrency or Twitter implementing the Bitcoin Lightning Tipping feature, this news currently spread almost daily with new advancements in the field and they also overweighted the negative news that still are there, as we can see now Bitcoin survived this recent China FUD and has the proper framework to do so also in the future. 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.
BYBIT:BTCUSD.P
by VincePrince
35
ETHEREUM, Develops Major H-S-Formation, How It Completes!Hello, Welcome to this analysis about Ethereum, we are looking at the 4-hour timeframe perspectives. Since the cryptocurrency market recently heavily increased bullish volatility these are developments that can be seen positively for potential further continuations in this direction. In this case, however, the divergence between the certain cryptocurrencies keeps increasing, therefore, there are cryptocurrencies with a more bearish setup, a neutral one or a bullish setup. With Ethereum it is the case that it is developing a potential appropriate bullish setup that can form great potentials to the upside when rightly completed, therefore, it is necessary that Ethereum shows up with the right price-actions, in this case, I detected the important levels and upcoming determinations we need to consider with Ethereum and the main formation it is currently forming. As when looking at my chart we can watch there how Ethereum managed to complete the main bottoming-formation I mentioned in previous analysis and formed the breakout above the 400-EMA in red and the 300-EMA in green to increase volatility above these reference levels. When looking at the broader dynamics here Ethereum is developing this massive inverse head-shoulder-formation with the left shoulder and the head already completed. Now as Ethereum moved on to test the 3600 Usd level which is still a main resistance it is likely that Ethereum firstly pulls back from this structure to test the lower levels of support that will then have the ability to be the origin of the right shoulder completion which will happen when Ethereum rightly bounces within the 3200 Usd level marked in my chart in orange, when this happens and Ethereum bounces within there this will be the origin for a breakout above the neckline of the formation which will complete it and activate upside-targets with the continuation of bullishness. For now it will be important to elevate on how Ethereum approaches the support-levels and how a bounce off this zone can develop. 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.
BYBIT:ETHUSD.P
by VincePrince
10
BITCOIN, MAJOR Descending-Channel BREAKOUT EMERGED!Hello, Welcome to this analysis about Bitcoin, we are looking at the daily timeframe perspectives. In recent times Bitcoin has shown up with a heavy bullish volatility development to the upside inclusively caused by several technological advancements in the Bitcoin field such as classical economy providers launching more and more into Bitcoin and Cryptocurrency or the establishments in El Salvador adopting Bitcoin as well as Twitter launching the Bitcoin Lightning Network Tipping Feature. Also, the institutional inflow for Bitcoin heavily increased in September to a level last seen in May of this year. All these events lying the fundament for the advancement of Bitcoins bullish price-actions of which we have seen the result now with this major bullish increase. Therefore I discovered all the important levels, structural formations, and upcoming determinations we need to consider with Bitcoin in its established structure and the upcoming movements. As when looking at my chart we can watch there how Bitcoin has formed this major massive descending-channel-formation and this descending-channel-formation was recently completed with a bullish breakout to the upside therefore it is the appropriate origin for further increasing bullish volatility and testing of upper resistances. Now in this structure Bitcoin has this great support-cluster marked in my chart in the blue level where several supports coming together such as the EMAs, the horizontal supports, and the ascending-channel, therefore it will be likely that when Bitcoin tests this level in the near future as it is marked in my chart a bounce off this level will emerge from where on Bitcoin continues with the wave C in its wave-count-development and tests the upper remaining resistance marked in my chart in red, when Bitcoin manages to move above this level sustainably this will lead to the further continuations. 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.
BYBIT:BTCUSD.P
by VincePrince
13
BITCOIN, ICHIMOKU-CLOUDs Increased BULL-SIGNs Developing!Hello, Welcome to this analysis about Bitcoin and the weekly timeframe perspectives. In recent times Bitcoin managed to hold its structure above the 47.000 USD level which is firstly a good sign and development indicating that Bitcoin bears did not manage to break down this area. Besides this now I discovered further important determinations Bitcoin is forming here that will be decisive in the upcoming times especially when considering the important Ichimoku-Clou-Developments, the Ichimoku-Cloud is an important indicator to measure the bullish or bearishness in the market, and in this case, I discovered high bullish signs with this indicator in Bitcoin, therefore I detected all the important levels and upcoming determinations. As when looking at my chart now we can watch there several central developments with Bitcoin and the Ichimoku-Cloud at central. Firstly we can see that Bitcoin is still holding above the green Ichimoku-Cloud and bounced in this cloud several times in recent times, this makes this whole development a bullish one as technically the bullish trend is still given. Besides that Bitcoin in the last days bounced above both the base-line in red and the conversion-line in blue, the base-line, in this case, is a momentum-trendline above which Bitcoin is now signaling bullish momentum, furthermore, there is a potential bullish crossover incoming with the conversion-line crossing above the base-line which will be a massive bullish sign. Taking all these factors into consideration Bitcoin turned in all significant elements of the Ichimoku-Cloud bullish with also the recent price-action above the lagging span, all these factors are bullish indications, therefore, there is a high possibility given for Bitcoin to form a considerable bullish breakout in the upcoming times which will confirm when Bitcoin finally bounces above the descending-trend-line. Also the built-up above the 20-EMA is important here as this crossover above this EMA in the past was always the origin of increased bull-markets to the upside. In this manner, Bitcoin has a great ground here to build up, and considering these indications it is only a matter of time till a final breakout emerges. 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.
COINBASE:BTCUSD
by VincePrince
25
How BITCOIN Is Setting Up For A Even BIGGER BREAKOUT!Hello, Welcome to this analysis about Bitcoin and the daily timeframe perspectives. As already mentioned previously Bitcoin is about to complete this potential inverse head-shoulder-formation in the structure with the left shoulder and the head already completed. The recent bullish volatility bounce to the upside has shown how fast the market can increase with volatility and move in an accelerated manner. It was also a great opportunity for us to profit on the long-side, now after these events, the further determinations are highly pivotal for Bitcoin here, therefore I discovered all the important levels, structural formations and upcoming determinations we need to consider with Bitcoins established movement. As when looking at my chart now we can watch there the key developments Bitcoin is forming in this whole structure, firstly important are the massive ascending-channel-formation together with the descending-channel building this range in which Bitcoin is trading now. In this range, we can see the head-and-shoulder-neckline Bitcoin has at the 48200 Usd marked in grey and below this neckline the actual formation forming with the left shoulder and head completed. Now as Bitcoin has still strong resistance within this 48200 Usd level a pullback off this area is highly likely and when this happens it ha good potential to be the leading factor in the finalization of the h-s-formation with the right shoulder. In this case, Bitcoin needs to bounce within the 44750 Usd level to complete the right shoulder and after that the whole formation. Also positively here is the oscillator side of things, as the MACD has formed this main bullish crossover recently which gives a central bullish valuation to this whole dynamic. Besides that, the RSI also formed this descending-wedge-formation and completed it recently with the breakout to the upside adding to the bullish indications for Bitcoin here. Therefore, in the next times, it will be important how Bitcoin manages to finalize the inverse h-s-formation and do not show up with serious signs that can invalidate the formation, when this happens a breakout into the bullish-continuation-zone has good possibilities. 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
28
BITCOIN, EXCEPTIONAL Inverse H-S-Formation To FINALIZE!Hello, Welcome to this amazing update about Bitcoin and the 4-hour timeframe perspectives. In recent times we can see Bitcoin heavily increasing with bullish volatility in the structure to complete the triangle-formation and channel-breakout I mentioned in just the recent analysis, in this case, Bitcoin also already reached out to the targets, if you did not see this analysis already I highly recommend it to watch to have a good depth-overview. Now in recent times as the news for Bitcoin became increasingly bullish this massive bullish volatility showed up also in the price-action, we see an accelerated innovational development for Bitcoin in many technological fields such as important brokers like Robinhood adopting Bitcoin, Twitter adapting the Bitcoin Lightning Tipping Feature and the Fed declared that it is not looking to ban Bitcoin after which the price jump occurred. Therefore I discovered all the pivotal levels and upcoming determinations central here. As when looking at my chart now we can watch there how Bitcoin directly pumped into the significant 47800 Usd resistance with the recent bullish price-move, this is a key resistance here and it is more likely that Bitcoin firstly pulls back from this area to move on with the right shoulder development of this major inverse head-and-shoulder-formation of which the left shoulder and the head already completed. Now when Bitcoin moves on with the right shoulder this will approach the confirmational-bounce-support marked in my chart in blue within the 44300 Usd, this is pivotal support as also another support-reference-points meeting in this area such as the 100-EMA in red and the ascending-trend-line, therefore, Bitcoin has a high possibility to bounce in this zone and move on with the completion of the whole formation which will finally happen with a bounce above the neckline as it is marked in my chart, Bitcoin then will continue to reach the upper target-zone, when Bitcoin then manages to build up further bullishly there is a great potential given for Bitcoin increasing bullishness and finally breaking out also above the 51600 Usd area into the bullish-continuation-zone. These events show one more time how swiftly marked conditions can change into a much more volatile interface and that it is the best to appropriately prepare on such cases with the right entries at the right times as we have managed in our Elite VIP channels, in this manner it will be an interesting development for Bitcoin here further. 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.
BYBIT:BTCUSD.P
by VincePrince
27
NASDAQ INDEX, Head-Shoulder-Formation COMPLETED!Hello, Welcome to this analysis about the NASDAQ 100 INDEX and the 6-hour timeframe perspectives. As the Nasdaq recently showed up with increased bearish pressure to the downside it has formed a major head-shoulder-formation in the structure with the left shoulder and the head already completed. Now with these two pivotal developments, the Nasdaq moved on to form the right shoulder in the structure and recently formed the breakout below the neckline which technically completed this whole formation bearishly. Below the neckline, the Nasdaq is now forming this confirmational bear-flag-formation as marked in my chart which is the origin for further upcoming bearish volatility pressures when it completes with a breakout below the lower boundary. Mainly the index now activated the lower target zone marked in my chart in blue within the 14220 Usd level, when the Index has reached this zone it will be important how it moves into it because when this is done in a highly bearish manner with increased volatility it will be a possible indication that the Nasdaq will just form a new bearish setup in this area with continuations following when it moves below the supports. Taking these things into consideration it will be necessary to elevate how the Nasdaq moves further upcoming before coming to determining conclusions. 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.
U
by VincePrince
8
BTC, Triangle-Formation, Higher Likely Bullish Breakout!Hello, Welcome to this analysis about Bitcoin and the 6-hour timeframe perspectives. Bitcoin in recent times has formed important developments as I discovered, especially it is establishing an important formation in this whole structure which can lead to a volatile breakout once confirmed. in the current situation, it is necessary to await to appropriate validations before moving finally into a dedicated direction because this formation can also completely bearishly to the downside. In this case, now I discovered all the important levels, formational structures, and upcoming determinations we need to consider within the upcoming times. As when looking at my chart we can watch there how Bitcoin has formed this massive descending-channel-formation, this channel is also piercing this ascending-trend-line to the upside in which Bitcoin recently found support and bounced several times off the trendline. Besides this ascending-trend-line Bitcoin has also this descending-trend-line therefore Bitcoin is forming a doubled support in this area here. Above these supports Bitcoin is developing this main triangle-formation with the coherent wave-count in the formation and the waves A to D already completed, now as Bitcoin again found support within the descending as well as ascending-trend-line there is a good potential to bounce from this zone. When Bitcoin properly bounces in the given area and rightly increases with bullish demand this will lead to the completion of the triangle-formation when Bitcoin breaks out above the upper boundary of it, in this case, it is highly necessary that Bitcoin does not invalidates this triangle with a bearish breakout to the downside because such a breakout will invalidate the bullish case and will increase bearish dynamics in the bearish-continuation-zone. As it is most often pivotal we now need to keep patient till certain suggested confirmations and validations show up before moving in the right direction. When Bitcoin completes the triangle and breaks out the channel a realistic target will be around the 47720 Usd area. 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
21