Achilleas82

Achilleas82

BTC may drop from here. Reasons: 1. There is a huge influx of BTC coins to exchanges which adds to selling pressure. Around 45k BTC were added to the exchanges yesterday. 2. Futures' positions are high, so it would be sensible to liquidate them 3. UK has raised its interest rate today 4. In the states they are waiting for figures for the unemployment 5. China/...

Achilleas82

BTC is forming a bear flag and now is at the bottom of the channel. Tomorrow, in the states the CPI figure is released which is very likely to be higher than expectations so the conditions are right for the channel to break downwards. If we see a squeeze at the lower level of the channel and the $18.6k resistance zone breaks the drop could be substantial. This is...

Achilleas82

As you have probably noticed, yesterday the 8th of July we observed a huge volume on the Binance spot. Let's analyze this: Technical: 1. This amount of daily volume has not been recorded for months. 2. Whenever we had something similar it was because a huge movement was happening, usually, a huge drop and the volume was appearing due to liquidations 3. This...

Achilleas82

BTC is forming a bear flag. Today in the states the CPI figure is released which is very likely to be higher than the expectations so the conditions are right for the channel to break downwards. If we see a squeeze at the lower level of the channel it would be a nice short. Also, an not bad buy for DCA would be at the 26k level. This is not financial advice, just an idea.

Achilleas82 Updated 

Hello all, I have tried to analyze the situation with BTC. From the chart: 1. Since January we are in the channel indicated by the green lines. This could be a bear flag. 2. Since April we are in the channel indicated by the red lines. This is a falling bullish wedge pattern. 3. So within a bearish channel we have formed a bullish flag and currently we are at...

Achilleas82 Updated 

I believe there is a high probability that BTC will go down. This is due to the following factors: 1. The BTC reserves in the exchanges have started increasing which means that there will be higher selling pressure. 2. The future's long interest is very high at the moment which is not a good sign when we are in a downtrend, shown by the channel I have drawn. 3....

Achilleas82 Updated 

Hello all, I have tried to analyze the breakouts of bitcoin dominance. This is the chart, 1. The blue waveform shows bitcoin dominance 2. The orange waveform shows the bitcoin price 3. The red trendlines show some of the breakouts 4. The red dotted lines at the end of the chart show the potential breakouts. 5. The green vertical lines show the point in time when...

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ERN breakout, the triangle has broken, good volume

Achilleas82 Updated 

In this picture, we observe a new SPELL breakout with a simultaneous volume increase at the 15m timeframe... Good opportunity to buy at the retest or higher if the price does not drop

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FIL is ready for a breakout, accumulation took place for some time, it can go up if BTC behaves

Achilleas82 Updated 

Sun is re-testing the pennant, volume is increasing, probably it will go higher if BTC behaves, BTC is the orange trendline

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We see a triangle formation of Chromia at the 1-hour resolution. The volume looks good, hopefully it should go up from here if the market stays stable

Achilleas82 Updated 

BTC has just retested the 4h triangle. If the breakout is valid the drop may be over... Big buy volume appeared at the bottom of the last candle too. To see the volume you will have to look at a small timeframe. Hope I am right... Good profits to all..

Achilleas82 Updated 

BAL has reached the top of the hourly triangle, and the road to higher grounds looks clear, if it breaks the triangle then we will have a great price rise!

Achilleas82 Updated 

Spell has triangle breakout! Now it is retesting the upper triangle line, this is a good buying opportunity. Profits with unlimited potential since this is a new coin...

Achilleas82 Updated 

OXT has completed the breakout and it should go up. After some weeks of consolidation, its time may have arrived

Achilleas82 Updated 

We see a Bullish pennant breakout on BNX, hope price will go higher

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Idex breakout - Another breakout for IDEX.. will it be successful this time..?