bonic

bonic

Hey Guys, Been a while since our last analysis. Fortunately we have been pretty accurate so far. At this point it's really hard to tell where the avarage price trajectory will go to. Must say, at this point anything is still possible. We'll have to wait out untill USA's elected-president has been inaugurated. Green dashed lines are bullish scenarios and the red...

bonic

Well guys, it's been almost a half year since last publish. More data means more accurate predictions in shorter-and mid-terms. Mid-term: Bearish, if this is the current top, then we'll have a rising broadening wedge. This mid-term pattern has a high probablity of breaking bearish. With that being said, it is highly possible it break bullish since this pattern...

bonic

Goodday fellow traders/analysts, This is my long term technical analysis on BTCUSD. Looks a bit radical however, bare with me. 8 months to go till bitcoin halving. It looks like a huge broadening wedge is forming. Perhaps the 2024 btc halving will make this happen. See dashed blue lines. Referencing to the current avarage trend of btcusd's price-action...

bonic Updated 

Something significant is on the EMI 2 indicators. Looks like a bearish divergence. BTCUSD might take a quick dive soon in short term. Lets keep an eye at the end of week.

bonic

Foor weeks EURUSD is having a tough time to get through the resistance. Considering the EU spending, don't think this is gonna happen any time soon. Only one way to go.

bonic Updated 

Quick update Short term: Very bearsish as predicted. See previous publish. Mid term: Very bearish. 2nd time btcusd gets rejected at same price regions. Hence confirming current pattern resistance. Has been going down ever since. See chart for possible bottoms. Long term: Very bullish. Regardless which bottom it becomes. The mid term analysis shows that it's...

bonic

Short update: Overall(short, mid or long term): Very bearish ever since first publish in 2019. Unfortunately, I have been right ever since. I reckon my predictions wont deviate that much, since it's a macros term analysis. You have to understand, the EU does a lot with USD in multiple different respects. Like export and import. So when Euro values goes down,...

bonic

Goodday fellow traders/analysts. Nothing goes up nor down forever. Price-action has found resistance at the exact same levels as the previous support(purple/pink solid lines). Which happens quite often. Supports turning into resistance once broken through and vice versa. This is pretty much textbook TA excpectations. So yeah, unfortunately the bearish trends will...

bonic

Goodday fellow traders/analysts. Quick short term TA. Alright once resistance is confirmed(red dashed line). Then (hopefully) we'll see a reverse head & shoulders / ascending triangle pattern forming. Which has a high probility of breaking bullish. This might trigger the next bull run. Otherwise it will continue to go down towards the 10k region. Then we'll have...

bonic

Hello fellow trader/analysts Been a while… TA: Dotted lines are possible price action trend trajectories. Dashed lines are possible or not yet confirmed support/resistance Overall short-/mid-term trend is looking bearish as kind of predicted. Please zoom out for the complete analysis to see my long-term possible predictions. It looks like we're nearing the end...

bonic

Good day fellow traders/analysts Sorry for the Dutch in the text bubbles. So, our economy is doing great, thus our leaders. Right... Basically, the current market cycle should have ended approximately 7 years ago. Unfortunately, the bear market has continued due to certain political choices. In total, the Euro has been in a bear market for almost 15 years......

bonic

Short term update: Looking pretty bearish. Looks like a head & shoulder / descending triangle has formed, which has a high probability of breaking bearish. 8k-10k bottom still possible.

bonic Updated 

Good day fellow traders! Looking pretty bullish for hexusd. Looks like it's about to break through a long term resistance. Charts shows possible price action trajectories and targets. EMI 2: Money flow velocity is increasing. Meaning more and more money entering the market while less and lesser money is leaving the market.

bonic

Goodday fellow traders, Short-term update! Looks like a false alarm. Price action well on its way to retest a longer term resistance. See my related ideas.

bonic

Goodday fellow traders, Have to update short term analysis. Looks like the previous short term pattern is evolving into a rising broadening wedge, which has a higher probability of breaking bearish.... So hopefully price will just retest the support. Head back up again. Unfortunately there is a bigger chance of breaking bearish retesting older support lines....

bonic

Good day fellow traders, Alright, updating long term analysis on BTCUSD. We have one big pattern emerging. A broadening wedge. Within this pattern we can see the most recent pattern emerging. A falling wedge. I reckon we may confirm that price has found support for now. My best guess is that price going to retest the closest resistance. Approx. 26k region(purple...

bonic

Goodday fellow traders, Quick update, looks like short-term pattern formation is breaking bullish. Need candles to close above the resistance for confirmation. This could trigger the end of the bear market and start a new market cycle. Which mean upcoming year, bull market. Although we're not out of the woods yet.

bonic

Quick update, looks like bulls rejected bears at support. On its way to retest the resistance. Starting to look like a (rising-ish) channel to me. Regardless btc price is currently consolidating. Probably has to do with DXY cooling down a bit after breaking out bullish. While money flow velocity is increasing a bit. Meaning, less and less money is leaving the...