Bulls takeover early postpone big correctionHello everybody. The situation develops dynamically.
Expected correction seemed to be less serious than expected. But - the paranoid people leave longer.
We have concluded 10D cycle without going further into lower values. The upper trend that is underlying has pushed the chart upwards, which led to update of waves' phasing.
For this moment we expect to see farther upwards move as next 10D cycle is starting just today. We should notice a nice move up next 5 days.
The correction seems to get postponed. After 5th march we should see time for a little breath just to get the final attack between 10-20th march.
Bullrun
The BIG Bitcoin Video Update!!! 25K or BUST!Conquerors! It has been a while since I made a tradingview update. I decided to make my newest video update here so everyone has the ability to see it. BTC has been in consolidation now for 9 FULL months (resistance 25k, support 16k). We have had the ability not to turn 25k into support, and we still have a chance too. Watch the video to find out why 25k is SO important. Crypto is in very interesting times and I am hoping for a new bull run but the economy and other markets give me reason to believe it will be difficult. Still, we have a chance for this, I want to keep us all updated. Have a great weekend everyone!
BTC Bull Run Before 2024 Halving. BTC New Cycle Now?I'm long term bullish on crypto, and I'm happy for this new year pump. Congrats to those who placed longs at $15K, you should take some profits off the table now.
Why? Because we're not out of the woods yet. If you read my previous BTC analysis, I've already mentioned that I'll consider BTC has reversed if it manages to break and close above Ichimoku Cloud at $32K, or at least above all EMAs at $28K, to hint a start of a new cycle. As much as I'd love to see $300K BTC, chances are, that ain't happening this year.
Technical Analysis - Weekly Time Frame:
- BTC is still below EMAs and Ichimoku Cloud
- 20 and 30 EMAs are already below 200 EMA, 50 and 100 EMAs are about to cross below 200 EMA - Death Cross
- Heikin Ashi has shown a reversal pattern which will be confirmed by this week's candle close
- RSI was oversold in November - 2022 lowest low at $15,476, now it's been moving up sharply like January last year and is about to cross middle line upwards, hinting that there's still room for upward movement
- RSI was oversold and high bearish volume on Nov 7th when BTC made a new lower low, signaling a potential bottom
- All Strong Supports(Green) and Resistances(Red) are shown in the chart
- A break and close above or below these key levels with high volume comparable to Nov 7th has a high chance to lead BTC to its next key levels/zones
Fundamental Analysis:
- FED is cooling down with interest rate hike, but a pause is not a pivot
- Overall Macros are still the same, no significant change on the big picture
- Most of BTC's circulating supply has not moved for almost 2 years, BTC price can easily be manipulated
- Black Swan potentials: Mt.Gox BTC selling pressure, DCG/Genesis/Binance collapse, USDT/other stable coins depeg, SEC cases, new crypto regulations, geopolitics
It's better to wait for some sort of confirmations every time BTC reaches a key level, to determine the direction it's going next
While technical indicators are good, one bad fundamental news is all it takes to crash BTC
Be Careful.
Not a Financial Advice ;)
Astroswap a sleeping giant for 2025 bullrunAstroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the beam bands. Could Astroswap move back to its all-time high? Well, once they migrate over to the Cardano network it will be interesting to test this theory. Only time will tell but before this milestone is achieved we need to break through these two trendlines first and then we challenge the all-time high.
BTC Bull Run 1.22-6.57% 02 14 2023If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
This strategy is also used Live by Green Lion Capital Social Trading on Zignaly.
As projected earlier, the market experienced a reversal after accumulating enough volume for liquidation. I anticipate that the market will witness another bull run to attract more volume this time since many investors believe that we are gearing up for a major bull run as we did not break the $21k-20k zone. However, this is not the case, and based on current market metrics, the ideal target is $23,500.
For this chart, the estimated entry zone roof is $22,056, and there is a potential upward movement of roughly 6% with a +/-1% tolerance. Confirmations have been made on the 5 minutes chart, 3 minutes chart, and through a private chart.
*** Disclaimer: a second non-public chart layout was used to officially confirm this oversold point.
Safe points to take profit:
T1: 1.22%
T2: 2.86%
T3: 4.82%
T4: 6.57%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8
3min chart confirmation: white MA crossing up yellow while above lowed dotted white line.
5min chart confirmation: vwap greater than lower dotted white line while with three candle confirmations above the white ma.
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
Bitcoin 25k soon.Its been a long time since i've checked a btc chart , there was no need to update anything , btc is doing its thing and the trend is up.I think 25k will be hit sooner than people think. Until 23rd of february i expect a choppy price action , after that btc will start its show again .
BTC Momentum Gone? USD + VIX say so Hi
The question these days is how much momentum do we have left in the current BTC bull run, I would love to see a leg down so we gather enough momentum to open a weekly candle above 25k. As things stand right now, there is not much to the downside for both USD and VIX and this indicates that there is not much momentum for liquidity for risk-class assets such as BTC left. On the flip side both USD and VIX have a lot of room to the upside which is going to pull money out of risk-class assets and if that happens the TA on the BTC graphs wont do much good as the market is going to react accordingly. I will be closely monitoring this myself.
Comment and Share!
Yearly green/red cycles from 1st of januaryI was wondering to look closely to yearly cycles but on a monthly scale rather than just yearly candles.
What I came up with is interesting, basically, we can find that yearly red candles historically occurred every time after 3 greens. However, on a monthly chart, u may see how safe it seems.
I always keep an eye on LTC ⚙️Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for LTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Where is Crypto heading?Spread graphs assist precision in determining key resistance & support levels. Current economic conditions aren't promising for such volatile/unregulated assets. It is critical to point out the heavy sells over the last year matched the timing of the Russo-Ukrainian war, the rise in the cost of living, the natural end of the bull cycle* and etc. At times of stable quietness (placidity), we should expect financial assets to return towards their equilibrium valuations.
The 2 blue downward-sloping channels have the same gradient and similar attributes. For both the anticipated bull run began after breaking out of the middle (grey, semi-lines) line. Moreover, due to the magnitude of last year's sales, the current strength of the breakout is instinctive.
The top pane represents the correlation coefficient between cryptocurrencies and safe heavens. Their natural negative correlation implies that at peaks of the indicator large momentum in one direction is expected. RSI (pane below) may assist to speculate which direction the short-term/long-term trend is going.
The arrow path is based on BTC's historic breakout from 2019 (1st downward-sloping blue channel)
Thanks again
Bullrun Bitcoin - 3 ways of a potential bottom shs forming As can be seen from the private videos, a potential bottom (approach) has formed around the 16,000€ limit.
1. Falling Wedge Approach
The market movements (shoulder 1 + head) are already pronounced and can thus definitely achieve high goals.
Target price 1: 27592€
Target price 2: 39956€
2. Approach shoulder head shoulder
Shoulder 1 + head still need a retest from the ~18,000€ segment, that is realistic and only then, based on the further price reactions, is an approach with a good risk:reward safe.
3. Base formation (head 2) missing
Shoulder 1 + Shoulder 2 are the beginning of the bottom formation and a head formation follows on the ~€12,000 segment