This is crazy. The bear market of gold lasted 25 years and people are complaining about the bear market of bitcoin!! Bitcoin cycles are faster only because we live in a fast digital information-driven world.
This is very tradable on the short-term guys. 1) I will short ETH once we reach 3500$-3600$ (MACD is about to cross) 2) I will close my short once we touch 2500$-2600$ (strong support) 3) I will go long again after some days of consolidation around the 2600$ area
LUNA Strong resistance at 14$. I guess we're gonna down and form a macro symmetrical triangle. First target: 27$-30$ Ultimate target: 100$-130$
Focus on the monthly! Recap, why this is not a bull trap? 1) Hit an all-time high on the monthly 2) Stock RSI still super powerful 3) EMA ribbon clear uptrend
After every dip we reached the 4.2 Fib level. Looking forward.
Here we go. Perfect support of Polkadot: - Re-tested resistance of Jan - Hit long term support trendline since Aug 2020 - Hit the end of a super impressive falling wedge Can't go down 10$. All time high will be 200$ approx for mid 2022.
With this analysis I applied: 1) ELLIOT WAVES 2) Fibonacci trendline extension 3) Lengthening theory Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons: 1) Stock RSI: Bollinger band indicator on the weekly flashed green. 2) Support/Resistance: UTK touched the current support multiple times during the past 3-4...
With analysis, I just go through some Safemoon TA. Let's go. Of course, it all depends on BTC.
WIth this analysis I applied: 1) ELLIOT WAVES 2) Fibonacci trendline extension 3) Lengthening theory Why am I sure Link is going to go up (together with other strong tokens)? For the following 3 reasons: 1) BOLLINGER BANDS: Bollinger band indicator on the weekly flashed green 2) BULLBEAR TREND: Bullbear trend is still strong and will flash BUY soon 3) TRACK...
Here I am with another analysis. This time I focused on on the Bollinger touch bands indicator signal. Well, we have just turned green again! Now what? As you can see, when we turned green in the past it meant we were close to the bottom or we already hit the bottom for good. Food for thoughts.
I still think CELSIUS is one of the most well performing safe crypto utility assets out there. This is what I see.
Bull&Bear trend is an amazing indicator. You can see we are losing bear power. What I'm seeing is that we are going sideways until the end of July with some ups and down between 30k$ and 45k$ while losing bear power on the daily timeframe. Check the video below.
I told you so.
In this video, I'm analyzing the altcoin market by dividing the market cap by the M2 money supply. I also focus on the type of growth we had, the RSI and the timeframe of the cycle. As you can see: - M2 shows that we had a great re-test of the previous 2018 all-time high - More sustainable growth and not a blow-off top vertical log growth like in 2018 - 2021 RSI...
In this video we are going to see a new indicator;) We are good, we are very good guys.
With this analysis, I did the inverse of the BTC dominance. What you are seeing is the inverse BTC dominance. Isn't this chart bullish per se? Well, 1) We are below the all-time high of 2018 2) Look at the choppiness index (compare it with the 2017 bull run) 3) Finally, check the 200 weekly EMA (we didn't even cross the log growth curve yet) To sum up, I see 2...
This inverse Head & Shoulders is quite interesting because it's in line with the Wy accumulation and the BullBear Trend. Technical target: 41-42k$ Timeline: within the 8 of July. Once we touched it we go down a little bit and test again the 36k$ zone for at least 1 week.
The downtrend has finally ended. We reached the bottom of the bottoms. Now, the descending wedge is about to be broken and I predict a slow cup and handle pattern with a breakout in October (if BTC behaves as I predicted).