BTC Update: BTC is back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 4hr timeframe. Note that BTC is above its Bollinger Bands Upper Band and we have expansion of the Upper and Lower Bands and this expansion is for positive momentum. Note that BTC is still in the Bearish Zone of the Ichimoku Cloud on this 4hr timeframe. BTC is also back...
At the moment ETH is back above its Bollinger Bands Middle Band Basis 20 Period SMA for this 1d timeframe. Note that the Bollinger Bands Upper and Lower Bands have not expanded yet indicating there is room for more upwards volatility before becoming over extended on this 1d timeframe. ETH is also back above its Least Squares Moving Average LSMA for this 1d...
VTHO has received a massive pump today. VTHO had broke out of its 'adjusted' Symmetrical Triangle today but at the moment it has retraced back under it, a daily close ABOVE the Descending Trend-line of this Symmetrical Triangle and a successful retest as support will be a very good sign of things to come. VTHO is above its Least Squares Moving Average (LSMA) for...
BTC is below its Bollinger Bands Middle Band Basis 20 Period SMA for this 4hr timeframe. Note that the Upper Bollinger Band is moving downwards and the Lower Bollinger Band is starting to curve upwards indicating volatility has slowed on this 4hr timeframe. At the moment BTC is back ABOVE its Least Squares Moving Average (LSMA) for this 4hr timeframe. A...
Since 65k top in April 2021 we made a severe correction to 30k as an ABC , since then we pumped to 40k as an A then we corrected as a B and then we started a five waves up as a C. We can see that wave iii is more than 1.618 of wave 1 and if we analyze wave iii we can see that waves proportion are respected (3 isnt the smallest wave) and that wave 4 is a triangle...
BTC|USD - 50|200MA |BTC.D vs ETH.D | POL | Futures |VPVR This is a chart for the 30 min high volume trading on the Bitcoin price action at the end of the bitcoin 4 year cycle. Using percentage in this chart instead of the USD amount. The percentage % move should look similar in theory in December 2021. Use this chart as a reference to the previous cycle to be...
We have recently touched the bottom of the near term VPVR volume support box at 60300-60500 this level can support a volume rise to a FIB retracement of 62800. This is negated with significant volume sell pressure and a break below 60300. I see our follow on support level at 58000. Which I read as indicating a significant change in the strategic market trend,...
Tenkan-sen just crossed over the Kijun-sen on the ichimoku, indicating further downside. As noted in my previous charts the 62300 level will confirm the markets trend to continue down to the support at lower levels or reverse price action. We begin to push into the EMA ribbon here at the 63000 level which could provide some reversal action on the lower time frames...
We can always expect a SFP for BTC during a push from the ALTS. Currently consolidating with upside potential. The SFP is common in uptrends as well as downtrends. We do not know if the possibility of lower prices will arise but we can prepare for it in case there is a chance. A daily close below 53200 would confirm a reversal on the daily timeframe. We would...
Let’s have a look at the BTC 1d chart using the Ichimoku Cloud system with the 20,60,120,30 settings. Note that BTC is still in the Bullish Zone of the Ichimoku Cloud System. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the mid point of the short-term momentum is sideways at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is...
NASDAQ:TSLA is look really bullish around here and looks like it has momentum for further upside to the $840 region.
ETH is in a Rising Wedge Pattern on this 1d timeframe. A Rising Wedge Pattern is a Bearish Chart Pattern. ETH needs to invalidate this Bearish Pattern. At the moment of typing this, ETH is still above its Bollinger Bands Middle Band Basis 20 Period SMA. At the moment, ETH is below its Least Squares Moving Average (LSMA) on this 1d timeframe. Note that a close...
BTC has invalidated its very long Descending Triangle indicated by the 2 large black dashed lines. BTC is still in its Longterm Upwards Pitchfork Pattern on this 1w timeframe, note that BTC is back above the Pitchfork Median Line (The Thin Dashed Line) on this 1w timeframe. BTC is still safely above its 50EMA on this 1w timeframe. BTC is still above its Least...
Hello traders! I bring you this Bitcoin technical analysis after a couple of weeks when news made an impact in the market in general, but specially in Crypto. El Salvador adopting Bitcoin as legal tender, and later on the Evergrande situation. But after taking mid or long term decisions, we need to see the bigger picture. First of all, the important levels to...
I am not able to conclude anything but 1. there are 3 huge gap/demand in traded BTC volume - Gap 2,3 are to be filled but no one is going to get hurt - if Gap 1 is going to be filled, there must be a big dump to reach the level. 2. Bulls that accumulates BTC after 2021.1.1 are at even at this point 3. Bulls that accumulate after 21.7.1 are in deficit 4. Bulls...
VeChain is still within its massive Symmetrical Triangle on this 1d timeframe. Note that VET is still ABOVE its Longterm Upwards trend-line. Note that VET is back ABOVE its Least Squares Moving Average (LSMA) on this 1d timeframe. VET is still below its Bollinger Bands Middle Band Basis 20 Period SMA. Note that the Lower Band is moving upwards indicating...
ADA is still in a Descending Triangle on the Daily Chart. Note that a descending triangle is a bearish pattern. ADA needs to break back above the descending trend-line for renewed upwards momentum. ADA is fighing to stay above its Bollinger Bands Middle Band Basis 20 Period SMA. ADA is back above its Least Squares Moving Average (LSMA) for this 1d timeframe. A...
Let’s have a look at the weekly chart for the most criminally undervalued crypto EVER. A Blockchain that is actually being USED by some of the words top companies and has a client base that would make any corporate jealous & salivate with envy. It HAS and IS everything every other Blockchain wishes it was. Worthy of note it that the behemoth PwC is an actual...