BTCUSDT $58K Wave4 Correction: The M21ema Btc has been consolidating for the last 6M. However, price has still not retested its M21ema(currently at 48k), which is one of the most important key levelof support on the MACRO basis. Therefore, Support as discussed in previous Updates are: $53-50K (3W21ema) GETTEX:48K (M21ema) The W21ema will continue to act as...
BITCOIN $59000 MACRO Update: Wave4 Correction 1-Resistances: A) W21ema (~$61,000) is providing an immediate resistance. A break above 67K (If the the W21e is taken out), could resume the bullish momentum for the wave5 of the macro trend. 2-Supports A-Support zone to watch going into Q4: 53-50K (W50ema-M21ema support on average). The M21e is at...
Bitcoin is continuing its macro re-accumulation phase between 72-60k. The W macd is negative, which is indicating a possible longer consolidation period. Price still remains above the W21ema, currently at $61,100. Bulls are still in control of the macro trend. However, bulls need to continue to support the $60k level, and avoid a monthly close below $60k in June. ...
Price continues to find support at 60k avg support. The D macd is positive. Will continue to monitor the 2D MACD next. The 3D macd is still pointing down. This breaking start on May 15th could be a good step fwrd going into the end of the Month as it could maximize the chance of closing above 71k by the end of the Month.
BTCUSDT $66799 Update April 23 2024 BTC is consolidating at 66k after finding a strong at 60k. Bulls are find momentum going into MAY. A strong closed above 60k is needed for April to avoid giving bears any chance of excitement of a macro Reversal. Will watch closely the M close Sencrypto,
BTCUSDT $56300 Quick Update Feb26 2024 Price has broken out after the Bull flag on the lower degree as describe in the Weekly analysis (W#9) in the member's video Price has now hit the 57-58k target as anticipated from the 40ks Watching for a potential Q close above 45.5k. A more bullish Close would be above 58.6k in this Q1 2024.
The USDT.D is 90% in a reversal trend based on the Q cycle. This could be a confluence with the Post having rally. A break below 5.8% could trigger some serious fireworks for alts in the following months. Most alts have now gotten above their 18M support, which is the June 2022 support after the Luna Debacle I would suspect that by June 2024, the majority of alts...
BTCUSDT $24950 Quick Update June15 2023 The directional trend is being controlled by bears Price is facing a trendline support from the low 16k A temporary test for both bulls and bears. Targets remain the same 24k(0.382fib) & 22k(50% retracement) Now, 26.3-26.6k will flip as resistance if bulls attempt to pull back up. Bears need to make sure to asjust SL at...
Hey guys bears must take some profits at 25-25.5k even though price is not yet at 24k. Then Adjust Sl now at breakeven just in case price moves sideways again and does not break 25k in the immediate term @everyone
BITCOIN $27750 Marco Wave Analysis Update May 30 2023 It appears that BTC has put in its wave 1 on the macro from 15.5-31k Currently, bears are attempting to take over by constructing a slow and choppy wave 2, which could retrace to 0.50-0.618fib at 22-20k. But the 0.382fib(~23850) is still a slightly strong support. So 0.382fib will be the first take profits...
BITCOIN $26180 Breaking Below The 3D 21ema Price continues its consolidation btw 26500-27500 for the last 2weeks. Bears are controlling the 3D trend because price continues to stay below the 3D21ema and macd remains negative. However, the W downside volatility has not picked up yet since the W macd is not yet negative and price is above the W21ema. So, bulls...
BTCUSDT $26840 Quick Update May18 2023 Price continues to consolidate below the 3D21EMA The 3D macd remains negative Directional target 24-22k at 0.382-0.50fib For the trend to flip bullish, bulls would need to print a positive 2DMACD and price above the 2D21ema As mentioned previously, the current move from 31k could possibly be the starting point of the...
BTCUSDT Quick Update April 26 2023 Price found support 27k at the 3D21ema M time frame is back to positive The 21D cycle pushed back up from the last cycle's low (27k) FED's meeting on the 3rd of MAY Macro Resistances 35k and 39k
DXY & BTCUSDT Quick update The DXY is printing a temporary double bottom support at 101 However, it doesn't not yet appear to be a highly probable reversal pattern as price is below the M21ema and the M macd is still negative. Therefore, price would need to break the D21ema first, before a reversal to 105-106 could be constructed. Will continue to monitor this...
BTCUSDT 30200 Quick update April 11 2023 Price is now above the 30k range and approaching the 32k temporary resistance. The next next big resistance after that is 40k at at 0.618fib. Bulls may not hit 40k in April. The 35-32k could possibly be the sideways correction while waiting for the M close. But anything above 35k in April is bonus for bulls to secure some...
BTCUSDT 3D update March 10 2023 BTCUSDT SHORT TERM The W21e at 21k just got broken with minimal signs to hold as support at the moment. The structure is broken and invalidated for the flat correction . The bearish downtrend targets are at 0.618fib & 0.786fii at 18777 & 17300 Point of invalidation is 22755, which is just above the 2D21ema For the macro...
BTCUSDT Short Term Update Jan21 2023 Near August open at 23333 August resistance 24-25k M21e 28k Will reevaluate with the fibs once it retests the M21ema
The USDT.D Analysis Public Update Jan 19th 2023 In this content I discuss the divergence btw the USDT.D and the BTCUSDT. Will the USDT.D retest its long term trendline at 4-4.5%?