Holy_Chartist

Holy_Chartist

Hello, this is Chartist. Bitcoin has been in a continuous downtrend since reaching the $65,000 level, without any significant rebound. Currently, it has declined by around 19% from its previous high, forming a bottom around the $52,500 level. The Crypto Fear and Greed Index has remained in the "extreme fear" range at 22-23 over the past two days, highlighting...

Holy_Chartist

Hello, this is Chartist. Let’s briefly analyze the Bitcoin chart. I am considering the possibility of a 'rebound' and will provide two reasons to support this view. First, let's look at the 4-hour chart. Last month, Bitcoin dropped to 49K and quickly rebounded. Although there was a price correction afterward, the yellow candles acted as crucial support...

Holy_Chartist

Hello, this is Chartist. Let’s dive into a brief analysis of the Bitcoin chart. First, let's look at the daily chart. Recently, Bitcoin has been declining and consolidating for five days before forming a bullish engulfing candlestick yesterday. This indicates that the bullish momentum of one day is greater than the bearish momentum of the past five...

Holy_Chartist

Hello, this is Chartist🥰 Today, I'd like to talk about something interesting, "The Fibonacci Ratio hidden in the emojis we use every day" . But before we dive into that, let’s first explore the concept of Fibonacci and why it’s important in technical analysis. The Fibonacci sequence is a series of numbers where each number is the sum of the two preceding...