BTCUSD 1W UPDATE So far bitcoin has been performing great. Bitcoin looks very bullish with all the bells and whistles. However, I am worried about one scenario. the red moving average is the 20EMA. This EMA indicates the trend. In a bear market this is resistance and in a bull market it is support. After a bull run, the bears like to exploit this scenario to...
ETHBTC UPDATE GB How much Ethereum can you get for how much Bitcoin? This is exactly what this chart shows (in %). Currently, Ethereum is worth 7% of a Bitcoin. if this chart rises, then Ethereum outperforms Bitcoin and if the chart falls, then Bitcoin outperforms Ethereum. This does not mean that Bitcoin will not, may not, or cannot rise. The next technical...
GB BITCOIN UPDATE - BTCUSD 1H CHART On the 1 hour chart bitcoin is in a small falling wedge chart pattern. The way it looks right now, bitcoin is very likely to fall to $37600. However, since the falling wedge chart pattern is a bullish chart pattern, bitcoin price should continue to rise. The bullish target is $40500. DE AT CH BITCOIN UPDATE - BTCUSD 1H...
GB bitcoin has grown by about 40% in the past few days. while positive, it does not necessarily bring bitcoin back into the bull run. If bitcoin could seal $39000 as support, the chances of the bullrun continuing would increase dramatically. there is also the possibility that bitcoin is in an upwards sloping trend channel (red bold lines). If bitcoin is in a...
**Bitcoin Update🇬🇧** Bitcoin has just broken out of the triangle. The bullish target is $41200 and the bearish target is $34200. Currently, the bullish target is more likely. However, it should be noted that we are on higher time frames in a downtrend and such breakouts to the upside often turn out to be fake outs or bull traps. **Bitcoin Update🇩🇪** Bitcoin ist...
ENG We think that the $30000 mark is the last mark to watch. If $30K is broken then that's it for the bull run. If btc gets support at the $30K level, then of course the bull run is not over. We will keep you updated in case something important happens. Stay tuned! D AT CH Wir denken, dass die $30000-Marke die letzte Marke ist, die es zu beobachten gilt....
ENG This is the total crypto market capitalization without btc. We are still bullish on altcoins but altcoins are approaching dangerous territory. If the chart breaks the blue line (200EMA) then it's ciao ciao altcoin season, otherwise it's just a correction. The last time we saw the chart at the 200 EMA was right after the Corona Dump in 2020. Another very...
ENG BTC update Bitcoin is currently in a descending triangle chart pattern. The breakout probability is exactly 50/50. if btc breaks out to the upside, the target is $55800. if bitcoin breaks out to the downside, the target is $41000. the red lines are resistance lines that bitcoin needs to break to go higher. D AT CH BTC update Bitcoin befindet sich derzeit...
ENG Ethereum update ETH is currently at about -15% from the ATH. ETH transaction costs are still too high. Right now at $50 per transaction. Yesterday at noon they were at $150 per transaction. This could cause problems for ETH to continue to rise. ETH plans to complete the London Hardfork upgrade of the blockchain by mid-July. This includes the EIP-1559 update,...
ENG This was a price dump triggered by Elon Musk. Elon Musk is invested in bitcoin and has converted large chunks of $tesla into btc. We assume that when someone with a lot of money invests in something, that person knows all about his investment. after knowing all about his investment, he invests and is positive about his investment. Anything else would not be...
English This is Ethereum on the 1h candles. Ethereum broke out of a few patterns recently and each time in the bullish direction. Currently Ethereum is at $2913. Our first target is $3120. Critical short term levels to watch are around $2750. If ETH breaks out below $2750, it will be bad in the short term, but will not change the fact that Ethereum will rise to...
Ethereum hit all our price targets and is heading now to $3100. You really should have Ethereums inside your portfolio!!! Wait for a correction and get some Eths!!! Eth is just at its start of a very big move.
In a few days or weeks ethereum will be over 6% worth of a bitcoin. This is so bullish for altcoins. the higher the value (% ethbtc) the more the people have in usd terms to spend on all the altcoins. Let me introduce the start of an amazing altcoin season.
Ethereum perfectly hit our price target in the target zone of $2600-$2700 and broke out of the white triangle. It can go back to $2400 but in general it should go up to $3100. Eth looks just so bullish from each edge.
The Key for bitcoin in the next days is to find support above the red (20ema, weekly) and orange (50ema, weekly) lines! Thats absolute key! Once Bitcoin gets support above the red and orange line the targets are between the two Fib Levels (1.618 and 2.). Bitcoin can also get rejected by the to mentioned lines. If this happens it will be very important for bitcoin...
Ethereum is just so bullish! If Ethereum breaks to the downside out of this triangle then I will change my set up and my Eth maximalism but also just short term to mid term (not long term). However, Ethereum is currently leading the crypto market and even on the BTC/ETH chart you can see that ethereum broke out of a 3.5 years old chart pattern. Eth is on the...
Bitcoin is currently breaking to the downside out of the bearish chartpattern (bearish pennant). The technical targets you see in the charts.
In the red boxes you can see where Bitcoin crossed important moving averages (20, 50, 100 EMA - Daily) in the last bull run. However, in current bull run bitcoin didn't touch the 100EMA even once. It would be very healthy for bitcoin to touch the 100 and even the 200 EMA. Psychologically speaking, people would be much more confident in there long actions, which...