FundiFinance

FundiFinance

Take a look at this guys and this is vital for BTC price as we have seen on many occasions the USD index and BTC have proven to be negatively correlated on one another. In short if the USD index does pull off a bull flag and breakout above resistance you can put money on BTC market price going lower and if the USD index gets rejected from resistance and sinks...

FundiFinance

BTC recent breakout is no coincidence to the levels market price broke out. We seen a bounce from 2 vital supports the covid crash support trend highlighted in red with tag on chart and a vertical support that has been a key support and resistance line during this bull cycle, highlighted in blue and tagged in chart. We also seen the 200 MA hold as support...

FundiFinance

Clear breakout of descending wedge formation, often a very bullish pattern and this movements correlates to the previous TA from Fundi Finance regarding a bullish divergence yesterday. We have been following our move from last week with a LONG from the 200 MA also posted in our Dashboard area for those who would like to look. Key points here from a bullish...

FundiFinance

Hi Guys, Scan chart today seeing several factors that could be interesting on a bullish prospective. Firstly a descending wedge, is often a bullish pattern sign and may point to a reversal is brewing for BTC/USD, and a breakout above the wedge is something to keep all eyes on. Room in wedge is running out and a break either way could be a very good indicator...

FundiFinance

Evaluation Bitcon and the USD index have been in a clear negatively correlated battle for some time, with one asset pumping as the other dumps. The recent decline of BTC price from NEW ATH is no coincidence at the same time we have seen a strong reversal in the USD index MP movement. Current situation The evidence strongly points to the fate of the 2 assets...

FundiFinance

Concept on a one day chart time frame BTC is currently trading just below the 200 EMA and just above the 200 MA; it seems MP is setting up for a big move, and we are either about to crash through support and retest the $45k region or bounce from the 200 moving average and reclaim a safe area trading above both the 200 EMA and the 200 MA. As we know, many trades...

FundiFinance

TA for BTC Looking for possible entries to long and seeing a wave formation on a longer time frame view. Wave entry 4 could be a very strategic entry for a long and with the current triangle formation getting close to breakout I am speculating a move higher in a medium to short term with potential next leg up to another ATH. I feel some more sideways action is...