This analysis examines BTC's price action, both actual and inflation-adjusted, using key technical indicators and Fibonacci retracement levels on the weekly chart. The goal is to provide insights into potential future movements and the overall trend. Key Observations from the Chart Inflation-Adjusted Price and Fibonacci Retracement Levels Inflation-Adjusted...
Solana (SOL) has captured the attention of traders and investors alike with its impressive price movements and robust technology. This comprehensive analysis dives into the current state of Solana's bull market, examining key indicators, historical trends, and potential future scenarios based on the weekly chart data. Historical Context and Past Bull...
Hello everyone, Let's take a closer look at what's happening with USDT (Tether) dominance on the weekly charts and how it might be signaling a key movement in the crypto space. Now, we've noticed that USDT dominance seems to be hitting a support level and is starting to climb up. This is quite significant because USDT dominance reflects Tether's share of the...
Based on the core Consumer Price Index (CPI), which excludes volatile items like food and energy to provide a clearer view of underlying inflation trends: For January 2024, the year-over-year core CPI was 3.87%. In 2023, the core CPI varied significantly, starting at 5.54% in January, dipping to around 4% towards the end of the year, and ending at 3.91% in...
My scripts found a pattern in PYTH which if it repeats, pushes the price +50% close to $1 clsoe to end of next week (probably Sunday March 10th because candles range are 74-77). in the scripts were considered Large VS Retail traders, DMA, Numbers of candles, trendline angles, Advanced RSI, volatility index and so on.
When I am comparing the weekly data, I see similar patterns repeating way too early for Bitcoin's bullmarket. Market is too hot. Why am I saying that? Lets see: 1st: On July 2019, Weekly RSI hits the top, 10 year yield makes a lower low, from that moment a healthy correction starts and lasts for a couple of weeks, during this time in the bottom chart, we can...
Long Term EMA Index acting as support. $102 is a tough resistance, however SOL moved very fast recently, Large Trader index Dropped 30% on Daily chart. Based on the experimental data, it is very likely to see another run up to $154 per SOL in third week of March.
I am testing a new script which overlaps many data. Short and Long-Term EMAs: For trend identification. RSI: To gauge market momentum. MACD (Moving Average Convergence Divergence): For both trend following and momentum, with the histogram providing visual cues on momentum shifts. Volatility Calculation: Helps in understanding market stability or turbulence,...
Considering the new (MA) Crossover Strategy with Risk Management - Macro Analysis, on monthly chart before the halving in 2020 the cross over happened. Price went up 52.8% and correction of 26.3% happened! (Covid Crash not considered as a new global pandemic is not expected in the upcoming weeks) Correction Range is from Monthly High of Feb.2020 to Monthly low...
New indicator under test. Moving Average Crossover Strategy with Risk Management had a cross over on Monthly; same happened last cycle before halving. Since that cross, BTC pumped 794%. If this time does the same. 26 candles, and 794%, places BTC price in Nov 2025 close to $200K, marking the top of the cycle. The shown candles are just copy of the last cycle just...
We see in current BTC chart that in 2018 bearmarket, it was not that "quiet" and we had a lot of volatility and bounces. However for the last 10 weeks BTC was in a constant fall without any significant bounce of suuports. I expect the next movements of BTC to be a copy of 2018 bearmarket in a worst case scenario. ~8500$ is not out of cards!