on the h4 and w1 chart, there is probably a change in the trend on the BTC dominance indicator. Last Friday we experienced another strong sell-off in altcoins, which may be the last stop loss before the next upward wave in altcoins. We still have to wait, but today is one of the key days. IF the daily chart closes red, there is a high probability that we will...
As we assumed, the level of the average line of the PI indicator was achieved. Congratulations. Now it's time for the last wave of growth or the penultimate one. The target is $90-120k. When we get closer to $90k it will be easier to determine how far we will go. Currently, the RSI looks very good, but the lower limit has not been broken (although this is not...
Everything indicates that we are close to the local bottom on BTC. RSI D1 is cooling down and W1 is entering unsold ranges. BTC is getting closer and closer to the averages of the PI index, from which it always bounces in bull markets. The Fear and Greed Index is at 55 and has cooled down significantly. Another downward wave to $55k is expected, but I believe...
All you need are on the idea..ZRX is heading to accomplish corection move to the previous local top and right now we are prepering to test of 3 immportant levels "fibbo lvl"
ALl you need is in analysis. Return from the fibbo zone and increase to the fibbo extension lvl 2. All this after a deep correction on BTC over the next 2 months.
Bitcoin correction is almost certain. 1. Weekly RSI in ranges where there is always a 30-40% correction. 2. Losing NUPL ETC metrics. 3. Halwing is just around the corner, which is why I think the market is too hyped
After reaching the level of 786, we book the expected price slide, which is also visible on the RSI indicator. I expect that for a few more days we will sit at rating levels of +/- a few percent and we will move from this place to $2, where we will achieve another mid-order correction in anticipation of reaching higher price levels, but there will still be time to...
After reaching 24k on BTC, it was certain that we would see declines after such a rapid increase. As for me, the minimums on BTC have already been reached and we will not see 16k prices anymore, this is due to the breaking of the bottom on the Willy Woo index and the models, for example (colintalkscrypto.com) That's why I personally start buying cryptos in a wide...
LSK plays the classic move further towards the fibbo extension. Levels visible and marked in the analysis. The only threat for us may be a decrease in BTC, but I think we'll make it before that and LSK will reach the planned level. Green more likely, yellow the least but possible
RSI D1 is at 80+ which heralds a correction. An additional fact can be seen on DXY where the Dollar after long declines finds and builds a bottom. You can also see the Daily and Weekly RSI is at the bottom and starting to build up. BTC Reversal Is Sure... 18K Drop Levels? 20K?
The ZRX continues to grow. The next waves depend on where we are. For the next increases, you need to stay in the + $ 0.94 zone. Another site of strong resistance is fibbo zones 061 and 078. Further updates when these levels are reached or the trend changes. Previous analyzes:
Possible increases after breaking the level of $ 0.94. For me it is starting to look more and more accessible.
The situation in Ukraine and Russia will lead to the fact that capital will finally start to be londed in BTC. This is due to many factors such as lunging and looking for a safe place for the cash register. POnadtwo, consolidation on crypto has been going on for so long that the indicators have cooled down significantly and are in places where a reversal of the...
As in any bull market, BTC moves quite predictably. A good indicator for where rebounds and lows are possible is the PI index on Bitcoin. The Pi indicator has already proved that it is extremely useful and now in prose we can see it again. Will 52K stop declines and prove to be a local bottom on BTC in the short term? I think so. An additional confirmation that...
ZRX broke a downtrend channel in an uptrend (yellow lines) After yesterday's declines, we tested the resistance line (red), such testing is a bullish signal and confirmation of increases. It is quite a key place because it is connected with the lower limit of the uptrend and the average (orange) trend. As I can see it now: the ZRX is going to be gaining momentum...
BTC continues the bullish market. In my opinion, we will see levels below $ 200k. We won't be there too long but the $ 150k + levels are very real. (this is due to the Fibbo extension and the nature of BTC itself) The RSI and MACD show that the market has gained strength after a long correction and is ready to go up again. The Pi index shows that we are in...
After a long time of consolidation, the ZRX is in a troublemaker which, due to the continuation of the bull market, will be broken upwards, which is additionally confirmed by the MACD and RSI chart. In my opinion, as soon as new capital flows into BTC and BTC's dominance stops growing, we will see a fourth wave of growth on Alt coins. The first stop of the new...
The ZRX starts moving that's for sure. The MACD begins to cross the averages, the RSI divergence chart where we hit a new bottom and the RSI chart shows a higher peak on the histogram, which heralds a trend change. An additional confirmation is the indications in the look at BTC, where we can observe a similar system. The first stop at 50% of the downward move,...