Remember Today: If BTC futures break 61,766 in a week and stay above that line, we are looking at a new uptrend-sideway range between 60-80K between October - February 2024, and March 2025 if the trend has no rejection due to sentiment of the market is positive we will be looking 90-100K new range in history of BTC, should you take your position now and best of luck!
**Comprehensive Investment Recommendation Report for Crypto** **I. Financial Health Analysis** The current financial health of the crypto market is stable, with a moderate level of volatility. This is supported by the observation that there have been no significant insider trading activities reported in recent weeks, suggesting that key stakeholders are not...
These are the plots of pivot boss I created for almost 8 months, based on Renko chart and volumetric patterns, generally BTC will move along yellow-dash and blue-dash with red line as amplifier effect. Looking at this direction we have new hope by mid Sept on the 16th to hit 61K again, however the next drop will determined a new course of the ship. Hopefully I'm...
The open interest at 54K is weak chances this will fall through to 48K before pulling back to 52K by tomorrow. However September bleeding just repeat the history again. Nothing new.
Historically when the Wavetrend is on its peak for consecutively more than double and the price is moving downward it is set course to a downtrend.
I typically run weeks ahead of predictive models so far what I can tell by using deep learning machine algo and time-series forecasting and the result doesn't show that BTC is switching its regime therefore I can conclude BTC is probably going 43,303 in the next 2-3 days.
This is model using FB Prophet Model in Python. 1. First we look at the price for last 2 months and it volume, trend shows similar amount of trades, time and potentially same buyer and seller. 2. PB prophet then start to create prediction around this movement and anticipate the next volume for next week.
This model is time based forecasting with CPR pivot confirmation. We are going "bear"careful for the next 7 days
This is not financial advice. This analysis is a market movement and observation of the previous price drop from last year in the same months. My analysis is based on the psychology of the economy and market. This was Munihisa Honma's way of seeing the market written in his book. The validation was done with the following theory of my own market observation: 1....
Renko's analysis summarises the market emotion. By today even there is a dip in the market, the traders are keeping their fear aside as the market moves uptrend, sales/discounts happened time to manage your risk. Perhaps time to consider your position again. You might have missed all the opportunity waves, it's time to create your own opportunity. Cheer! Sokyu Honma
Trading is very emotional driven mostly, profit makes us accurate in achieving our target, I believe we can bring some people goodness and bring then to new range to play. In my humble opinion, 50K is a fair price of BTC A.T.M., we can start battle there again to test our accuracy and field targeting. What do you say? Give a comment if you agreed.
As clearly as you see in my TA (combined hundreds of signals). I'll have to rest my case for today haven't slept yet since I build this, have fun on the weekend with GREEN candies.
In history, Renko's chart has never failed. It teaches how do I see the market and set an expectation of how the market moves in future. In my previous entry to short the market from 63K to 41K Renko does play a role in it. Today I'm sharing the info hopefully you will find your golden ratio and holy grail on making this perfect.
Regardless long/short positions, you can see how these volatility create a mature market and sustainable. The resistance and support create a strong believe and that all Bitcoin need, "Trust" of the people. Happy discount.