In recent years, many of us acknowledge that the term "recession" has been appearing in news and social media outlets at an increasing rate. While it acts as great clickbait, most sources tend to avoid to avoid a more fundamentals data driven approach, but rather are preferential an opinionated viewpoint from which their viewers can relate. Here I propose a more...
LTC was develpped in October 2011 by Charlie Lee. It has since fallen from being a top 5 market cap coin to 12th. Even though this coin has been in a dominance downtrend for the last 5+ years, its fundamental tech has continued to improve, due to the severe lack of news surrounding this coin I truly believe this could be a major competitor for a major future...
Opportune buying zone for the medium + long term BTC trend direction. Personal algos are giving the green to buy once a bounce breaking downwards resistance is confirmed on volume. TA looking good on all timeframes above daily. This should be a buy and hold for atleast 2-3 weeks. If in alts keep an eye on BTC.D downwards movement. DXY and fed announcements...
Have not posted/updated an idea in a while, this is a long scalp I decided to initiate. Its mainly based off simple long term trendlines rather than technical indicators and advanced fundamental analysis. Indicators do look good for the upside. Long: 33'900 SL: 32'900 TP 36'000 Risk:Reward = ~1:2 (low risk)
Back in the support zone for BTC - this is where whales are buying up coins to re-enter the range. Will be looking for long positions around this zone. Any high volume downwards movements or a break below 30'000 should be seen as very risky. Looking for 41'000+ within the following weeks. Furthermore, I see BTC.D falling further and continuing the longterm...
Recently the upwards impulses from BTC .D have been met with ever increasing downwards momemtum resulting in a slumping action. This is usually a typical bearish indication of reduced momentum. I suspect BTC will start losing dominance to alts once it reaches the strong resistance zone indicated by the white box. Take this into consideration when placing long...
Playing off the loing term monthly bullish trend (moving averages), daily chart showing bullish movements very soon, we will see atleast 38'000 - then consilidation period before potential further movement upto 42'000. This requires high volume . This is a combination of wave theory, trend analysis, stochastics, moving averages, fundamentals, SAR and various other...
Chart should be self explanatory - going with daily + weekly stochastics and MA's
BTC dominance has recently skyrocketed sending money out of the alts and into BTC . While BTC strength has outperformed the overall market, its price has stayed relatively neutral the past week (bottom graph). Based off the fact TA and FA is predicting an upwards BTC move to $40k+ (part of my strategy), it would not be unlikely too see a loss in strength from BTC...
after being long from 8k and taking out positions every 2k i believe btc has reached its peak and will collapse down to more sustainable levels (no positions) - this would be supported by the current fragile global economy and worldwide fincncial retracement that is required to happen
Nice simple trade, high likelihood of BTC hitting this price. Buy all dips from now, the movement is already confirmed.
BTC is nearing critical levels where there should be strong support. Buy levels around 34'000 (yellow ring). Based off trend and wave analysis we should atleast see a rebound upto 40-45k within the next few weeks before potentially making new yearly lows, or if volume is high enough potentially new ATH. 34'000 is very undervalued for BTC short term thus we should...
Personal opinion of what will happen based off TA mainly. High statistical likelihood of the target of 42k being reached within the timeframe analysed.
obviously history doesnt always repeat, but you may find this interesting - i expect we will see similarities.