Hi, crypto traders. Last week, I predicted that prices would drop technically, but the CPI results caused prices to soar. The forecast that the trend could easily reverse if prices suddenly surged due to some trigger proved accurate, and the momentum for a reversal back to an upward trend is increasing. # Current order of the candlesticks and MA lines the...
Hi, crypto traders. Last week, the price temporarily rose to 65,500USD but began to fall again before the candlestick touched 60MA. As both 5MA and the candlestick are slightly below 100MA, it seems that the short-term downward trend will continue unless the candlestick sharply breaks above 60MA. # Current order of the candlesticks and MA lines 60MA (green) >...
Hi, traders. Last week, candlestick broke below 5MA again, and 5MA itself has clearly fallen below 20MA. Since candlestick is above 100MA, I believe the price will still rise in the long term. However, unless candlestick clearly breaks above 5MA, the price is expected to decline in the short term. # Current order of the candlesticks and MA lines 20MA (blue) >...
Hi, crypto traders. Last week, as expected, there was a significant short-term decline and the price dropped to 56,500 USD. Subsequently, following the results of the U.S. employment statistics, the price rebounded sharply and is currently moving around 62,700 USD. However, there were moments when the candlestick briefly fell below 100MA, and considering the...
Hi, crypto traders. Last week, the price rose to 67,200 USD and briefly surpassed 20MA, but then fell back. 5MA, 20MA, and 60MA are very close to each other, creating a situation where prices can easily move up or down. Under these conditions, a significant price movement is expected in the near future. The current order of the candlesticks and MA lines are as...
Hi, crypto traders. Last week, 5MA fell below 20MA and 60MA, and the price also dropped below 60,000USD. However, after briefly falling below the psychological line of 60,000USD, the price reversed, and the candlesticks have moved back above 5MA. The current order of the candlesticks and MA lines are as follows. 20MA (blue) > 60MA (green) = the candle > 5MA...
Hi, crypto traders. Last week, once the candle went up and broke 5MA and 20MA to the upper side. But after reaching 40,000USD, it started to go down and already broke 5MA and 20MA to the lower side again. The sequential order is as follows. 60MA (green) = 100MA (black) > 20MA (blue) > 5MA (red) > the candle. The trend is a strong downtrend now. If the candle...
Hi, crypto traders. Last week, the candle went down and broke 60MA to the lower side. After reaching 39,200USD, it bounced a little bit and keeps 40,000USD level. The sequential order is as follows. 20MA (blue) > 60MA (green) = 100MA (black) > 5MA (red) = the candle. Because MA lines are very close, it's difficult to predict the next move. But since the lowest...
Hi, crypto traders. Last week, once the candle broke 5MA to the lower side, but it didn't break 20MA and 60MA to the lower side and bounced. Now the candle keeps over 5MA and it seems the trend is uptrend. The sequential order is as follows. The candle > 5MA (red) > 100MA (black) > 20MA (blue) > 60MA (green). Because the gradient of 20MA and 60MA changed...
Hi, crypto traders. Last week, once the candle went down, but after reaching 37,600USD, the candle bounced and started to go up. The candle already broke 5MA, 20MA and 60MA to the upper side, and it looks the candle keeps above 5MA. Now the sequential order is as follows. 100MA (black) > the candle > 5MA (red) = 20MA (blue) = 60MA (green). Since MA lines are...
Hi, crypto traders. Last week, the candle suddenly went up and broke 5MA, 20MA and 60MA to the upper side. As I mentioned in the last article, it tried to break the highest price in 10th/Feb/2022: 45,800USD, but after reaching 45,400USD, it bounced and started to go down. The price already broke 5MA, 20MA and 60MA to the lower side again. Now the sequential...
Hi, crypto traders. Last week, the price kept under 5MA and continued to go down. After reaching 34,300USD, the price suddenly bounced and started to go up. It already broke 5MA to the upper side, but it seems the candle breaks 5MA to the lower side again. Now the sequential order is as follows. 100MA (black) > 60MA (green) = 20MA (blue) > the candle > 5MA...
Hi, crypto traders. Last week, once the candle broke 5MA and 60MA to the upper side. However, before reaching the highest price in 10th/Feb/2022: 45,800USD, the candle bounced and started to go down. It already broke 5MA, 60MA and 20MA to the lower side. Now the sequential order is as follows. 100MA (black) > 60MA (green) = 5MA (red) = 20MA (blue) > the...
Hi, crypto traders. Last week, the candle continued to go up and broke 1st target: 60MA and 44,500USD to the upper side. But after reaching 45,800USD, the price started to go down and already broke 5MA and 60MA to the lower side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > 5MA (red) > the candle > 20MA (blue). If the candle goes up...
Hi, crypto traders. Once the price reached 20MA, but it bounced and broke 5MA to the lower side. After that, it bounced from 36,250USD, then broke 5MA and 20MA together to the upper side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > the candle > 5MA (red) > 20MA (blue). It seems the long downtrend was finished and we can see the next...
Hi, crypto traders. The price broke 34,000USD again and went down continuously. But after reaching 32,900USD, it bounced and already broke 5MA to the upper side. Now the sequential order is as follows. 100MA (black) > 60MA (green) > 20MA (blue) > the candle > 5MA (red). The trend is still downtrend, but if the candle breaks 20MA to the upper side clearly, we...
Hi, crypto traders. The price broke down the last lowest price: 39,600USD and accelerated to go down. Because the sequential order is 100MA (black) > 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend of BTC is a Strong Downtrend now. Target points next week are as follows. ==Target Points== ◇BTC goes up: – 1st target: 37,000-38,000USD...
Hi, crypto traders. Because the sequential order is 100MA (black) > 60MA (green) > 20MA (blue) > 5MA (red) > the candle, the trend of BTC is a Strong Downtrend now. Target points in next week are as follows. ==Target Points== ◇BTC goes up: – 1st target: 46,000-48,000USD (Cross-point with 20MA) – 2nd target: 50,000USD (A nice round number) – 3rd target:...