cyatophilum

cyatophilum Updated  Oct 13, 2023

Multichain (MULTI) is currently undergoing a dynamic phase in the cryptocurrency market. Here's a brief analysis: Fundamental Considerations: Multichain (MULTI) is a cross chain router protocol with 93 chains integrated. It has a market cap of 30M$ and a 4M$ trading volume over 24 hours. In July 2023, there was an incident related to a possible exploit or...

cyatophilum Oct 2, 2023

Hey guys I've been watching and scalping CRV for the last 2 weeks with great results. I found the coin when looking for high volatility pairs I could trade on Binance spot. CRV has been trading in a very interesting support area and I'm watching the EMA 200 day for a potential bullrun, although price is already 30% up from all time low in just a few days. Keep in...

cyatophilum May 5, 2023

WOO/BTC looking good for grid trading right now! It has been outperforming BTC last month and is entering a range: Grid upper price: 0.00001 BTC Grid lower price: 0.0000086 BTC

cyatophilum Apr 29, 2023

Hello Traders, After a lot of price manipulation that ended up in a bullish rally, the volume trend is weakening right now. Price is above all EMAs which indicates a bull trend. RSI has seen a steady increase as well, and is approaching overbought values. Odds are for a continuation in the upside, but I'd keep an eye for a break below the 200 MA to prepare for a...

cyatophilum Updated  Apr 26, 2023

Hello traders, In this post, we will analyze the current state of the cryptocurrency market through the lens of market cap, BTC dominance, and major indices. We will also look at the potential for an alt season, the impact of the upcoming Bitcoin halving, and which coins are outperforming BTC in the long term. Finally, we will provide a short-term perspective on...

cyatophilum Apr 21, 2023

Bitcoin has been experiencing a lot of volatility in recent times, and traders are eager to know what the future holds for this cryptocurrency. In this technical analysis, we will explore the possible scenarios that could play out, including the bears' and bulls' perspectives. Bears Point of View: The bears are in control of the Bitcoin market currently, and...

cyatophilum Updated  Apr 19, 2023

Hello traders! Bitcoin (BTC) had an exciting weekend, reaching its highest level since July 2022 at around 31 000 $ before retracing slightly and consolidating in the $29.6k-31k $ range. Based on technical analysis and market sentiment, we can expect a short-term dip in the coming days before a potential continuation of the uptrend. I am waiting for a break of...

cyatophilum Apr 11, 2023

BTC dominance is a crucial metric for understanding the overall health of the crypto market. As of April 11th, 2023, BTC dominance stands at 48.5%, a significant increase from its November 2022 low of 27.9%. Analysts have set a target of 60% for BTC dominance, and with its steady increase over the past few months, it's a real possibility. Technical indicators...

cyatophilum Apr 7, 2023

Welcome to my Bitcoin technical analysis! BTC/USD has been experiencing a range-bound movement over the past few days, currently trading around $28,000. There are a couple of possibilities when it comes to technical analysis. On one hand, Bitcoin could see a breakout above the key resistance level of $28,500, which could lead to a bullish trend towards $30,000....

cyatophilum Apr 6, 2023

Ethereum (ETH) has recently seen a decent increase in price, breaking above the $1,750 resistance level and continuing to rally higher. The bulls successfully broke through the $1,860 resistance level, which has now become a support level for the altcoin. ETH has set a new multi-month high of $1,944, but some warning signals are being demonstrated by the RSI....

cyatophilum Apr 5, 2023

Huge triangle in formation on the S&P500. The short term indicators are bullish: we are above the 150 day and 200 weeks moving averages, both being used as support when price is above them. Price has been contracting last few weeks and traders are waiting to pick a direction. The bearish target would be 2700$, a price we didn't see since the sanitary crisis. The...

cyatophilum Updated  Mar 27, 2023

On the weekly chart, we broke the top of this descending triangle which was a bullish pattern. Now we see a lot of volume below 25k but not so much at all above and until 29k which means there will be very little resistance up until there. Moving on to the Daily chart, as long as price remains above the 50 days moving average (EMA), the trend is clearly...

cyatophilum Updated  Mar 6, 2023

Since price broke below moving averages in early 2022, the MA ribbon has been used as resistance. The stock market has been making lower lows and each high lower than the previous one. The definition of a bear market. We could gamble to find the very bottom, but it can only be gambling. We only know the bottom is here after the price broke its bear patterns and...

cyatophilum Updated  Jan 20, 2023

If this bullish flag were to break to the upside, we can expect a huge pump in Bitcoin price. A bullish flag is a continuation pattern that results from a period of consolidation. The pole is the result of a vertical rise in price. Entry would be at the close of the 4H breakout candle. The Stop Loss would be below the flag's resistance. To find the Take Profit we...

cyatophilum Updated  Jan 12, 2023

Here is my multi time frame technical analysis chart for Bitcoin. Goal is cut off the noise and to show key trendlines and support/resistance prices. We can clearly see that the market is currently bear with a descending triangle on the higher TFs. After breaking the important 5 months 18 500$ support, price is now inside a range between 16 000$ and 17 500$. Price...

cyatophilum Updated  Jan 12, 2023

Ethereum currently attempting at breaking its long term bear market resistance. No FOMO yet, we need to wait the daily close to be sure. Another bullish indicator is the RSI who broke its triangle contraction cone to the upside. It should reach the upper value of the triangle which is 70. Next key level is at 1350$ for ETH. Here is a MTF view which indicates...

cyatophilum Updated  Jan 12, 2023

A falling wedge is a bullish pattern, however we MUST see a resistance breakout AND a volume expension (higher than average) when it happens to fully confirm the pattern. More info on the chart!

cyatophilum Updated  Jan 10, 2023

Hello, just a prediction, no financial advice. I built the support and resistance using weekly closes, not wicks. Using the 50W EMA as a magnet and the RSI, I see the situation as bullish, but I might be FOMOing.