Skyrexio

Skyrexio

🗓 The Moving Average Convergence Divergence (MACD) is one of the most popular momentum indicators in technical analysis. Whether you're a beginner or an experienced trader, understanding how the MACD works can significantly enhance your trading decisions. 📚 Introduction: What Is MACD and Why It Matters The MACD (Moving Average Convergence Divergence) is one...

Skyrexio

The Relative Strength Index (RSI) is a momentum oscillator developed by J. Welles Wilder Jr. that measures the speed and magnitude of price changes. Introduction In the world of trading, timing is everything — and few indicators have stood the test of time like the Relative Strength Index (RSI). Introduced by J. Welles Wilder in 1978, the RSI is a momentum...

Skyrexio

Hello, Skyrexians! Recently I shared this article about CRYPTOCAP:OTHERS.D where I pointed out that this chart is about to print another one lower low. Now it's happening, but this is wave 5 and now it's time to look for the altcoins bear market bottom. Here we have 4h time frame and the internal structure of the final wave 5. Our main reversal signal can be...

Skyrexio

Hello, Skyrexians! I have been thinking what will happen next with BINANCE:BTCUSDT and it was obvious that correction has been started, you can easily find my recent update on Bitcoin and check it, but what will happen after. Today I decided that the first impulse has not been finessed yet and we need one more small leg up to complete this growth before...

Skyrexio

Hello, Skyrexans! The title of this article is made specially for haters. I see euphoria on each small drop of CRYPTOCAP:BTC.D and understand that altseason now will not happen. People are still holding and dreaming Lambos. This is very bad for potential growth, so I expect only dump on risky alts with the new dominance push! Look at the 4h time frame. As you...

Skyrexio

Hello, Skyrexians! Today I make an update on BINANCE:LDOUSDT which I hold on spot with average price at $0.8. First of all I will clarify how this bullish forecast can match with my yesterday's analysis about altcoins drop. Easily! There was the 2D time frame - mid term analysis. This is weekly chart. I can allow that some drop is possible for Lido Dao or other...

Skyrexio

Hello, Skyrexians! It's very important when BTC, USDT and CRYPTOCAP:OTHERS.D dominances analysis perfectly matches with each other. I bet for Bitcoin and Tether dominance growth in the upcoming weeks and dump for altcoins. Let's take a look at the 2 days time frame. Price was not even able to reach 0.38 Fibonacci level, but reached wave 4 top inside wave 3. In...

Skyrexio

Hello, Skyrexians! Despite most of traders now already do not believe in correction for Bitcoin, CRYPTOCAP:USDT.D is showing the potential warning sign. For sure my global forecast for this chart that Tether dominance will go below 2% is still actual. You can find it here . By the way it's playing out great. But in the short term shakeout is likely. 12 hours...

Skyrexio

Hello, Skyrexians! Time for the negative article about CRYPTOCAP:BTC.D which is our favorite topic recently because I see now the euphoria again that altseason has been started. The answer is no, it has not and the main reason is the crowd which still holding altcoins. I told many times - sell altcoins and altseason will be started. Let's go to Elliott waves....

Skyrexio

Hello, Skyrexians! Let's continue trying to guess when BINANCE:BTCUSDT will have a correction. This time it's very likely, but I am not recommend to short this correction because this is the trade against the major trend. Let's take a look ate 12 hours time frame. Wave 3 is likely to be finished with internal double divergence on Awesome Oscillator. Now it's...

Skyrexio

Hello, Skyrexians! It's time to update my previous BINANCE:AVAXUSDT analysis because when I told that correction is over as usual I have a lot of haters in comments. They told me how you can bet for one altcoin growth and other's dump - easy! This crypto has the clearest structure for me. Wave 1 was very impulsive and after that we have seen almost flat...

Skyrexio

Hello, Skyrexians! I want to make an update on BINANCE:STRKUSDT because price dropped that much recently and now everyone is telling that this coin is total scam. To be honest I have some doubts that this crypto can bring significant gains in this cycle, but solid bounce can be seen. Here we have 4 days time frame to estimate the Elliott waves cycle correctly....

Skyrexio

Hello, Skyrexians! Despite the negative comments that BINANCE:BTCUSDT will pump instead of my bearish prediction and Saylor's Bitcoin purchases I am going to follow my scenario - nothing has changed. Based on my experience price now is printing the most difficult shape of correction - irregular ABC. In recent analysis I explained why we shall use now 12 hours...

Skyrexio

Hello, Skyrexians! When I shared last update on CRYPTOCAP:BTC.D I mentioned that not sure that altseason has been started, now I decided to go back to my first scenario where dominance shall reach 67%. You can tell me that wave 4 shall be ABC shaped and now we will see dump to 61%, but dominance usually has the very sharp corrections, moreover 0.38 Fibonacci...

Skyrexio

Hello, Skyrexians! Recently we told about potential correction on BINANCE:BTCUSDT and current pump did not change anything except targets for this correction. My mistake was that I counted wave 5 inside 3 as the wave 5, but warned you that I often have this mistake. Now looking at the awesome oscillator it's obviously that wave 4 has not been even started....

Skyrexio

Hello, Skyrexians! As you know I was not sure last couple of days if altseason started or not and finally decided that not. Bitcoin dominance will reach 67% and large altcoin like BINANCE:ATOMUSDT gives me the hint that altcoins can drop 50% in the upcoming 2-3 weeks! Let's take a look at the 2 days time frame. To measure the impulse this is valid now. We can...

Skyrexio

Hello, Skyrexians! Yesterday I found the CRYPTOCAP:OTHERS chart which gave me the hope that my idea with the incoming altseason is valid. Let's take a look at the weekly chart. Awesome Oscillator shows that the wave 1 has been finished in December 2024. Now this chart is in wave 2. The target area 0.61 Fibonacci has been reached, but here I have 2 possible...

Skyrexio

Hello, Skyrexians! Yesterday we pointed out the great potential performance of Ethereum, but we have assets which depends on it but can perform much much better because of small cap. I personally have already bough BINANCE:ETHFIUSDT in February and March with average price $0.7, so now I have 2x, but this growth is not finished. After listing pump this crypto...