QuantNaut

QuantNaut

Many in the TA community use the weekly 21 EMA and 20 MA as indicators on whether Bitcoin is in a bull or bear market. Currently, both the weekly 21 EMA and 20 MA sits at 44.5k and 48.5k respectively. From the 1W chart, BTC is likely going to close below both of them in 2 days. As prices are currently below 35% to 40% lower than both the indicators, the...

QuantNaut

From the 2D chart, BTC closed at 35.7k. From the bearish momentum thus far, looks like we'll likely continue to head towards 32k and below. Price could find support at close to 30k. But if not, we'll continue downwards to 28k~29k.

QuantNaut

ADA being listed on Coinbase is very bullish for its price, even effecting prices on Bittrex. The FOMO bull run is insane. Target of $2 is possible for ADA. For those who have ADA, can consider taking profits once prices comes close to that price

QuantNaut

From looking at the 1D chart, I can see 3 bull flags formed with each subsequent flag being smaller than the previous one. The gains and drops between each flag seem to be smaller as well. From the looks of it, it seems like BTC could be approaching the end of its current bull run when we touch 70k USD$. What do you all think?

QuantNaut

ETHBTC seems to be be faithfully following this upward channel for the past year or so, moving up and down within it. Personally, I am expecting ETH to appreciate against BTC more in the short term for the next few weeks before going down again.

QuantNaut

Bitcoin's price discovery phase may be ending soon as upward price movement seems to be 'squeezing' to a new top price target. There is also a possibility that large pullbacks will dip to fibonacci retracement levels of 0.382, 0.5, and 0.618.

QuantNaut

BTC continues bull run with no sign of break. May be seeing a 30k ~ 31k USD$ price soon.