


Pro_Trader_HTBB
EssentialAs you can see on this BTC Dominance weekly chart I have several indicators that are shown that are the indicators required to show the way forward into altseason. Where the yellow down arrow is currently BTC dominance is hitting resistance shown by the lime green horizontal line at 73.03 The purple trendline shows where BTC dominance acts as support and now...
On this weekly log chart we can see Dash has just broken above the long term trendline shown by the long lime green line. Dash is also testing the top of the Ichimoku Cloud on this weekly log chart shown where the red down arrow is. The EMA 8 is now above the MA 21 and EMA 34 and is about to cross the EMA 55 on the weekly chart. Dash itself is trading above all...
Looking at this weekly log chart we can see LTC has broken above the downward red trend line. LTC has also broken above the smaller lime green trend line shown where the lime green up arrow is. LTC has also moved above all the weekly EMA and MA indicators shown on the chart. On the RSI we can see where the red down arrow is that LTC will need to break above this...
On this weekly log chart you can see XMR is now at a crucial point in it's next market cycle. The red down arrow shows the current point XMR is at compared to the last bull cycle shown by the purple down arrow. As you can see they are at similar points when you compare them on the chart as well as on the LMACD where it rose above the level of 0.095 on the weekly...
My last analysis on BCH was pretty decent, let's see if I can throw out another. On this daily chart we can see the major support line in yellow at around $201. We can also see that BCH is currently trading around the 0.236 fib level and previously this is a good time to buy in. BCH is trading above the EMA 10 (in blue) currently but needs to push above the MA...
As a follow on to the last analysis we can see that BTC is now above the GC (Gaussian Channel). On the LMACD we can see where the grey arrow is that it is about to bounce or crossover to bearish. We know from our previous posts that when the EMA 10 (in blue) is above the MA 21 (in orange) and BTC doesn't trade under the MA 21 on weekly chart, BTC is in a bull...
On this weekly chart of ZRX we can see ZRX has broken the major red resistance line. ZRX then went on to form an ascending triangle and broke through the lime green line. The light blue resistance line at 0.79cents coincides with the RSI hitting it's own resistance level at 81.67 on the RSI. If ZRX can break the light blue line the next target is the yellow...
On this weekly chart for NEO, we can see NEO has broken above the thick red resistance line. NEO is at time of this post is above the EMA100 (purple line) and on it's way to $20.86 where we have some heavy resistance. If NEO breaks above this yellow resistance line at $20.86 we could see NEO get to $30 in no time. On the LMACD you can see that since Jan 2019, yes...
Could Craig Wright actually be the maker of Bitcoin, the pseudonym Satoshi Nakomoto? I have always thought he is a fraud but I may have seen through the charades put on by the Doctor. He has been caught out so many times since announcing himself creator, but is it all just a big con to hide a different scenario? Now that would be genius. Actions more like a...
As a follow on to the last analysis we can see one thing that has not happened, that being that BTC is not above the GC(Gaussian Channel) as yet. What I have noticed on this chart is that at the end of every yellow box it indicates the lowest point BTC will hit before it's next long term bull run. If this is the case, the last 'covid' crash should be the lowest...
As a follow on from this analysis: the same indicator has shown on the RSI. On a daily log chart you can see BTC increases in price when this important indicator appears. Some increases were dramatic. The percentage of the time BTC moves to the upside is now at 66%. 33% of the time BTC will decrease in price. This is from 2015 only, not entire history. The...
As a follow on from the previous analysis about the halving and past indicators, we can see BTC is in new territory and this halving is nothing like any other halving before. We wrote about this when BTC was about to pierce back below the Gaussian Channel(GC). BTC has never gone below the GC once it turned green after being red but this time it has clearly done...
Well, what a ride BTC is having. From the highs before the dump in early March to the lows of the dump where many investors got wrecked. With more uncertainty in this ever changing world we live in due to a world pandemic and economic crisis, where is BTC heading? Looking at the daily chart we can see BTC has made a huge recovery from the dump. It is trying to...
After the big selloff and liquidation of many retail traders it seems BTC is trying to make a comeback during a world pandemic. Must be all the free money the governments are giving away. Bitcoin will need to conquer many obstacles in it's path to go higher than where we are now. For starters BTC is about to hit the .618 bear cycle retracement level @$7168. Above...
As a follow on from my analysis on BTC I mentioned the RSI drop and that the best buy zone was when RSI hit 30 or below. (see older analysis about RSI Indicator) We are currently still waiting for this to happen. This is when I expect the best buy zone as per the RSI analysis chart. This is indicated by the yellow rectangular box on this chart on the RSI...
As a follow on to my last analysis I spoke about the RSI and that it could keep rising or drop sharply, which it did the latter of the 2. I am expecting the daily RSI to hit the 30 mark shown by the dotted orange line. This would be around the $8000 to $8300 region. BTC is currently trading above the 0.5 fib level @ $8485.24 on the larger fib retracement...
On a daily log chart you can see BTC increases in price 75% of the time when this important indicator appears. Some increases were dramatic. The purple down arrows on the RSI shows where BTC crossed the RSI level of 70 after hitting the lower part of the middle purple channel at the 30 level earlier(shown by the green up arrows). The 2 red arrows show where...
Using a weekly log chart showing Bitcoin from when it was only 1 cent up to today's prices of around 9k. In regards to anything mentioned below wait for BTC to close twice above or below any level mentioned for full confirmation. Indicated is each halving of BTC on the chart with the vertical red lines (close enough to date as can't do exact when using weekly...