Elysian_Mind

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S taying informed is a key to making well-considered decisions. Today, I revisit ALTO, shedding light on its current state, potential scenarios, and the nuanced interplay of technical analytics. A few weeks ago, I outlined why ALTO is considered a risky asset, and in a subsequent update, I signaled a near-term rally in the stock market, impacting ALTO's...

Elysian_Mind Updated 

Dear Esteemed TradingView Members, I n the world of financial trading, precision and insight are invaluable assets. In today's dynamic market environment, it's imperative to embrace the right tools that provide clarity amid the ever-shifting tides of economic forces. I n this piece, I delve into the intricate currency trading, focusing on the EUR-USD market....

Elysian_Mind

Dear TradingView Community, I share a medium-term outlook with you all. Please bear in mind that this prediction is subject to short-term price fluctuations, and its outcome hinges on how various technical factors align. Our AI system, having drawn insights from deep neural network analysis, has detected the potential emergence of a bearish channel pattern. ...

Elysian_Mind Updated 

In line with our previous analysis: Buying volume exhibits a decline, RSI indicates a weakening trend, and price action remains above the trendline. In the past 24 hours, the risk-reward ratio has leaned favorably toward short positions. To complement our previous insights, it's essential to note that Funding Rates have surged, and bullish traders are employing...

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Technical Indicators: The RSI has reached overbought levels and is showing signs of weakening. A price retracement appears imminent. Similarly, buying volume has significantly exceeded the trend average but is now witnessing a decline in new buyers. The price action is currently consolidating well above the trend lines. As a result, our AI predicts that BTC is...

Elysian_Mind

Types of Channel Pattern In this educational post, we won't take a trading position, but rather equip you with valuable insights. Today, we delve into the world of channel chart patterns. Channels come in two primary forms: bullish and bearish. Understanding these patterns is essential. A bullish channel appears as a descending pattern, resembling a falling...

Elysian_Mind

🌐 Unlocking Market Insights Decentralized Exchange Data Analysis 📈 Behold the left image, a treasure trove of market data harvested from a collective showdown across decentralized exchanges, revealing the latest price dynamics. (Refer to the right for a visual representation) 🤷‍♂️ Feeling adrift amidst this sea of information? Allow us to introduce you to your...

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Our Fear & Greed Index shows "Greed" - Sell Greed, Buy Fear Our version of Fear & Greed Index shows "Greed". The values on Fear and Greed Index range from -1000 000 (extreme fear) to 1000 000 (extreme greed). The zones are separated as follows: -500 000 = Extreme Fear -500 000 - 0 = Fear 0 - 500 000 = Greed 500 000+ = Extreme Greed It can be argued that...

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Some kind of overmanipulated pattern on Bitcoin chart. AI still recognizes it as bearish wedge. Target $40k.

Elysian_Mind Updated 

Rising Wedge pattern on Bitcoin chart. While price was going up, volume was going down. So, price action could be printing a bull trap. The support already broke down once in the Asian session. You might open a short position.

Elysian_Mind Updated 

RSI makes higher lows. Volume rises. Bullish wedge chart pattern. AI thinks people bought the dip. Long is worth a shot. (Now that our shorts are in profit already :))

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Zone Resistance on Bitcoin chart. Deep learning recommends short position. 1st Target $41k. This idea is 100% compatible with our previous wedge idea.

Elysian_Mind Updated 

Bull Trap on Bitcoin chart. Neural network recommends short position. Target $41k.

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1) Bearish Volume Divergences 2) Bears pierced EMA (Exponential Moving Average) 3) Swing Trading Sell Signal 4) RSI crossed its SMA (Simple Moving Average) Conclusion: Bitcoin will dump. Target is on the red dotted line.

Elysian_Mind

Ascending Channel on Bitcoin chart. AI thinks bears have the power to break it down. (If they choose to.) Possible bull trap and extended consolidation. Take care of margin risk management!

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Bearish Flag on Bitcoin Bearish Flag on Bitcoin chart. Price is at intersection of resistance lines. So, AI recommends short. + Volume went down, candles went small. = Bearish pressure.

Elysian_Mind Updated 

Death Cross (Trendlines - Resistance) on Bitcoin chart. AI recommends short position. Targets: $41k, $38k, $32k. Watch out for potential bounces from support trendlines!

Elysian_Mind

USDT.D will break up its channel. Dominance sits on a set of support trendlines now. According to chart pattern rules (falling channel), target is the green circle. AI recommends long on USDT. (Short on Bitcoin.)