NightTerm

NightTerm

Hi there, Short note from me - This week could be crucial for the next quarter especcialy we have 3 decisions about interest rates: FED, ECB and BOE. But today i want to show you potential bearish bat harmonic pattern what I found on DJI30, which means we are going to test some lower price levels. My scenario for FED on wednesday: - rise interest rate by 50 bps...

NightTerm

Gm Today we opened DAX,with a gap which has been closed few hours later, and now we’re looking at price action near psychological level - 14 000. Bullish: (Higher low and support at point of control? ~13885?) In this moment I’m checking if price action forming triangle pattern and if it could break out and boost price from current level to ~14160 and even ~14220...

NightTerm

Hi! Apparently, technical analysis does not work, but on its basis we can base many future movements, entries or exits. A self-fulfilling prophecy which is technical analysis over the past few years has estimated a pretty good time to jump in and jump out the train. 1. Today I'll will show you what we can infer from the charts - price action, rsi, stoch & some...

NightTerm

Last 2-3 years was very intense for money printing, FRED website charts shows it as well. We also may look into some class of commodities (like corn, oats, wheat, energy), to confirm the words of significant loss in value of money. It's always worth thinking about securing your profits & diversify funds, with proper (for you) balance on different class of...

NightTerm

Sketch 0.618 important level 1D -> Propably candle formation wedge or triangle, -> Continuation patter, -> pressure for sale - volume, risk asset*, -> bearish retest, -> price under 42-40k support, -> price under moving averages -1D 50/100/200/ -> a chance to look for opportunities under 40k BTC price -> close to 200 week moving average + DCA Possible range...

NightTerm

Assumptions – Fib retracement From 1.98T total market cap to 1.864T total market cap is 116 mld USD. Assuming this correction would be only on Bitcoin - it gives us 7.65% correction of BTC price (why only at BTC? Because this same moment BTC domination will go higher and pump out assets from altcoins). Currently price of BTC 46 500 $ - 7.65% of correction is...

NightTerm

Greetings, At this point price action on 1 week time frame supporting, last confirmed total market cap value with 1.355 T $, and respected price box, same as 1D. This point of total market cap was confirmed as previous support, as we see on chart this level was accepted as support on - 01 may, and confirmed for all way up to around ~1.79T total market cap. Other...

NightTerm

In this case ill try to show my perspective for bullish scenario. Before last drop of total market cap value we get some signs from RSI which shows hidden bearish divergence, and break through 48 points level to fall even lower to 30 points. In the same time Bitcoin did 1224D from last top. BTC charts on weekly time frame shows VPVR volume held at 36k$ - 32k$...

NightTerm

Some widther perspective. Pros: - Historical Fear, - Support at 1.35T Market Cap – 3th retest, - Global corporations/ governance are in matter more, than we propably think, - Visible range VPVR volume held, on last support1.35T ~ 1.45T Market cap, - RSI held at around 48 points which point was important in all way up, - Stochastic RSI – bottom of the...

NightTerm

After bearish divergence, some fud, and a lot of greed - discount is over? 18% Recapture. Another point of view. Using Fibonacci Fan I appointed some levels. Everytime when RSI bouncing up and take some support & the Stoch RSI was at lowest levels, we got next move up. Timing cons for now for me: - bearish divergence on RSI – already become, after breaking...

NightTerm

As was mentioned before - after several 4h candles, upper line of price channel was rejected, and we fell on turquoise line. Currently we are back into price box since we reached the upper line of price channel. Stochastic RSI suggested oversold, close to lower line of price channel, and it could be potenttialy good opportunity to go up. Many weaks above last...

NightTerm

Total market cap reached total of ~2,43T, from last move. That was really nice rally – close to 42% of total market value. That was exciting but now, I see momentum on MACD 4h timeframe reversal and we got some sell pression. Last few times when we got above red line, after a dozen 4h candles, total market value was rejected from red line and pulled into total...

NightTerm

(4h) This time I’ll compare Total crypto market to BTCUSD chart, cause as a leading cryptocurrency has an impact on whole market. Indeed we retested dotted line on the RSI on 4h time frame Crypto TM. Meanwhile I shifted last resistance level to 2.1T $ as more adequate, but I still didn’t saw higher volume, although second 4h candle going to close as bullish one...

NightTerm

Another attempt to analyze the total cryptocurrency market. Last rehab after few steps down, showed bears that this is not the way we going and accentuate it power - (otherwise before more confirmations cant say that isn’t the bearish retest). In this scenario - price in box + respecting moving averages, give me good sign to aggresive trade, after testing down...

NightTerm

If we look on a daily charts, things still going pretty. None of the candle didn’t close outside master trend line (including weaks) & we have higher low. RSI came back above 48 points (last respected support level). On 4h time frame huge rehab after retested 1,7T total market cap - 16% up since start, so no wonder CHOP index is exhausted. 4h - On bulish aim 100...

NightTerm

In the next dozen hours, we'll know if the story repeat. 1,7T market cap area is important as last resistant was at this area (and last top). Positive signs above previous purple trend line, or held 1,7 - 1,85T market cap long term. Consolidation around this leves will be healthly (a slight approximation 0,15T is about 21% all of tesla shares outstanding...

NightTerm

We are holding 1.95T total market cap - currently correction at 0.5 fib retracement. Still my key support is this purple line, all of seen candles must close above, to kindly feel chill To continue healthly run i want to see price climbing above moving average s. Next key resistance level propably created at 0.38Fib ~2.055T market cap. I want to see price...

NightTerm

Greetings, I will share some feelings about crypto currency total market cap. Holding the purple trend line, consolidation & pass through red fan lines on the right, make me possitive feelings - otherwise, i'll wonder whats next