Samoto

Samoto

Never before Bitfinex shorts were as high as on the previous 2 peaks. Even when we had a big Crypto Market and BTC dip this year! Thus somebody realized what kind of power does this graph hold in the eyes of traders and their followers. So, what do they do now? They push shorts really high in an extremely short time frame spanning from few hours to few days and...

Samoto Updated 

This is the graph that change Bear trend to Bull trend, where candel will be clossing in green today at 0:00UTC - bullish convergence clarly seen on the most influencial graph (BTCUSDT Perpetual Binance) shwoing up we are going up midterm - bearish convergence showed us that we are going down midterm also - BTC short on Bifinex showed the manipulation made in...

Samoto Updated 

Here is the reasoning: 1. Double bottom on the largest BTC trading product (BTC USDT Perp) 2. Convergence on MACD and other indicators on a daily chart 3. Wyckoff pattern nearly perfect 4. Big players buying and holding these levels 5. Shorts manipulation on Bitfinex that made the chart look like it looks 6. ... (do you need more!?) Most probably even a new ATH...

Samoto

2017: - Bitcoin makes the first wave - after a major dip, many think the cycle is over after nearly 3k price is reached - it makes around 3x from the previous top (2014) - final price reached in the global cycle in nearly 20k 2021: - Bitcoin makes the first wave - after a major dip, many think the cycle after it reached around 65k on the peak - it makes around 3x...

Samoto Updated 

More than 50% dip from ATH is just normal for this phase of the cycle. We have been waiting for higher low and now path for upside is open: - RSI on convergence - MACD on convergence Direction: up, with possible retracements.

09:03

Samoto

#detail and reasons explained in video

Samoto Updated 

- going into wave 5 - we have few deceptive spikes seen from the previous action - 1.6 Fibonacci extension could be the next target as it was previously is we exclude deceptive moves

Samoto Updated 

As you can see big players (whales) are moving the prices nearly exactly to the Fibonacci levels exposed on the graph itself. Sometimes the market pushes a price a bit above or below the level either due to the inertia or to here and there confuse other players. However, it is clearly seen from the graph how smart money is actually making the price reach a certain...

Samoto Updated 

The 1h graph is showing some potential downtrend: - bearish convergence on indicators is forming - nearly no space in triangle left - the daily graph can close bearish today at 0:00 UTC also Let's wait a bit more and we can sell also on the breakdown.

Samoto Updated 

At the end of July, we predicted what will be happening with BTC in the upcoming months and we were right! Yesterday we even had price manipulation on Kraken. (check RELATED IDEA "catch me if you can") Now we are predicting the next wave coming! More strong arguments, detailed explanation and correlation with other indicators coming in the updates. Like the post...

Samoto

The market is in a bullish flag pattern and just bounced from double/triple bottom. We have found strong support! Bitcoin is usually the one that decides the market direction. There is great 1.618 Fibbonaci level to be reached in the midterm timeframe. More strong arguments, detailed explanation and correlation with other indicators coming in the updates. Like...

Samoto

Hey, guys! Today, I decided to show you the indicator, that tells us if we are in a bull trend and when to buy the dips inside that trend. In these charts, we are looking at a longer time frame and weekly price action in order to see the big picture more clearly. As you can see we are inside our first dip of 2019/20 bull trend. If you compare that to 2016/2017...

Samoto Updated 

LINK has been one of the best performing top 100 market cap alts in the first half of the year. After making all 5 Elliot waves it was time for some correction. It seems now it is the perfect spot for new growth: - we have a higher low (bullish sign) - its located in the area between 0.618 and 0.65 Fibonacci levels (golden pocket) - there is a strong support line...

Samoto Updated 

As you can see alts were on the opposite side of BTC dominance which until some point showed nicely what will happen to alts market. What was that point? It makes sense it was the 5th Elliot wave, which is usually the most optimistic one, where alts have joined BTC in growth while BTC was still growing faster than the majority of alts. Many have been talking...

Samoto Updated 

As you can see from the graph resistance managed to hold for 3 times already! The last dip has been much stronger than the previous ones so it needed more consolidation than the previous ones also. Seems the time has come for the market to challenge upper triangle resistance first and then even previous highs. At the moment we bounced from strong volume levels...

Samoto

Why Measure Fear and Greed? Crypto market behavior is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in the irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple...

Samoto Updated 

Even if it would breakdown, we have strong support at 9k to produce a fake breakdown. Nonetheless, this scenario has a much lower probability due to other factors so sooner or later BTC most probably won't break down, but break up the triangle! For now, we have strong support and reasons to believe that: - MA100 as support line on daily (strong key level) -...

Samoto Updated 

After breaking the trendline, ETHUSD tries to climb up with the new channel. Best opening position at Fibonacci 0.5 and follow the market to 3.61 at $364 first. Stop level bellow $166.