✴️ BTC Update Sunday bloody Sunday! How can we call it differently after a fall of more than 9% yesterday alone? It was indeed in the form of a huge bearish marabozu that the BTC closed the previous session. The daily technical situation is now negative again, with MACD and WaveTrends falling. On a 4-hour horizon, the indicators are still in negative...
✴️ BTC Update Bitcoin ended the previous upward session with a candle without a large wick, just above its 9070 resistance zone. Since the start of the session, the BTC has been up slightly and is now around 9100. The daily technical situation remains positive even though the MACD has still not crossed higher, its histogram is positive. Over a 4-hour horizon,...
✴️ BTC Update In the last analysis, Bitcoin had just taken a hit and dropped to the 8670 level, in a daily technical context that had become negative again. The daily technical situation is positive again after the bounce on the Kijun 4h. The indicators are again positive on the 4h and 1h horizon. 📈 Trend follower? Positive on the daily and 1h horizon but...
✴️ BTC Update The technical situation on a horizon of 4 hours during the previous session suggested the possibility of a rise with a test of the 9000 zone (red rectangle). This is exactly what happened, but the BTC did not manage to break it. On a daily horizon, the WaveTrends has crossed upwards thus materializing a buy signal while the MACD is getting closer...
✴️ BTC Update #BTC_Update Bitcoin closed the previous session in the form of a doji, the figure of indecision par excellence. The daily technical situation is still negative but we can see signs of reversal on MACD and WaveTrends. Over a 4-hour horizon, the technical situation is positive and we can observe a bullish divergence between the MACD and prices. Over...
❇️ BTC Update #BTC_Update Bitcoin closed the previous session at 10400 on Bitmex, ignoring the previous closure in the form of bearish engulfing. The daily technical situation remains overbought but positive while on a 4 hour horizon, the indicators show signs of bearish curves. 📈 Trend follower? Positive in 1h, 4h and daily 👉 What can I do? As long as the...
🔸BTC Update After having been flat for almost two sessions, Bitcoin suddenly plunged to the 9050 level (on Bitmex) before climbing back up to the 9350 level before climbing to a high point at 9579. BTC is now trading around 9380 with the technical situation still positive but showing serious signs of bearish curvature. On a 4h and 1h horizon, indicators are...
🔸BTC Update Bitcoin finally managed to fence above its resistance zone on the daily horizon. BTC is currently trading around 9350. The daily and 4h technical situation is now positive again but the indicators are getting closer and closer to their overbought zone. On a shorter horizon, in 1 hour, the technical situation is negative. 🔹Trend follower? Still...
🔸BTC Update Bitcoin ended the previous session just below the 9000 level, before testing the 9200 area in the current session. For the moment, we can see a rejection under the resistance zone materialized by the red rectangle. The daily technical situation has returned to positive but the indicators are close to their overbought zones. On the shorter timeframes,...
🔸BTC Update Let's start the week off with a little analysis, shall we? Last week, I was telling you about the opportunity to buy the 8200-8300 zone in order to aim for a return to the weekly open. It's now done, guys! The daily technical situation remains negative for the moment but we can nevertheless observe signs of bullish curvature on the WaveTrends. On a...
BTC Update Bitcoin finally reached the support zone between 8200 and 8300 yesterday before bouncing back to the 8400. The daily technical situation remains negative while on a 4h and 1h horizon the indicators show signs of potential increases. Trend follower? Still positive on a daily basis, but negative on a horizon of 1 hour and 4 hours. What can be...
🔸BTC update Bitcoin after dropping below the 8600 level yesterday has risen below its weekly opening level without touching it. If you opened a short position as you approached this zone, it is now time to take some of your profits. The daily technical situation, 4h and 1h remains negative but we can still see signs of reversal on the 1h CCI. 🔹Trend...
🔸 BTC update I was talking to you yesterday about the possibility of retesting the $9,000 if the weekly open breaks, it seems compromised. Bitcoin was indeed in a Bart Simpsons-like configuration but failed to hold above $8738. The daily technical situation is still negative, just like on the 1h timeframe. 🔹Trend follower? The Trend foolower remains positive...
🔸 BTC update Rather flat session for Bitcoin which, after its low point at 8500, evolved around 8600 throughout the previous session. No movement so far today, Bitcoin remains below its weekly opening level in a daily technical context that is now negative. On a 4-hour horizon, however, we can see signs of an increasingly significant bullish curve, which...
ETH Quick Update 🔹What can we expect at ETH? As for the BTC, the trend follower remains positive over a daily and 4-hour horizon, while over a shorter horizon, in 1 hour, the trend follower has turned negative. Nevertheless, we can see a hidden bullish divergence between prices and the BTC. From a technical point of view, the daily and 4h situation is...
BTC update Last week I was talking about the importance of the 8950-9050 resistance zone in the possible continuation of the upward movement. BTC was pushed under this zone quite violently and came to test the 8430 level before rebounding, and is now trading around the 8650 level. The daily technical situation is finally negative with sell signals given on the...
BTC Update Bitcoin is at a crossroads my friends, ignoring bearish divergences and distribution patterns. BTC is nevertheless trading below its 8930 to 9060 liquidity zone. The daily technical situation, 4h and 1h remains positive but overbought. What can be done? It is definitely too late now to open a long position, from a risk management point of view....
BTC Update Yesterday's session ended with a candlestick in the form of a hanging candlestick, which is most often a bearish sign. Since the beginning of the session, the BTC has dropped from 8800 to a low of 8600 and is now trading around 8700. The daily technical situation, although heavily overbought, has still not given a sell signal. The 4h horizon is down...