CryptoRichCrypto

CryptoRichCrypto

Interestingly, Bitcoin is approaching a fifth red close in a row on the 2 week chart. This has not happened since September of 2014.

CryptoRichCrypto

Welcome back, ETH has converged into a crucial zone between the 60 Day (white) and 500 Day (orange) Simple Moving Averages. We have not seen a close below the 500 MA since April 21, 2020, and this may represent a reversal area for the downtrend beginning back in November of 2021. We tested this metric with a false break wick just days ago on 03/07/2022, and we...

CryptoRichCrypto

Disclaimer: This is written for entertainment purposes only. I am not licensed or certified to give financial advice, an no publication may be interpreted as such. I am not responsible for any financial loss or damages. You are responsible for doing your own research and forming your own ideas and theories. Thanks for reading! Bitcoin has been all over the place...

CryptoRichCrypto

Welcome back, Disclaimer: This is NOT trading advice. These are solely my opinions that I have posted for educational purposes only. I hope you make tons of money, I am not responsible for any financial losses. Thanks for reading! Bitcoin has been in an overall downtrend since early November highs just under $65,000. Interestingly, Bitcoin has completed two 6...

CryptoRichCrypto

Technical Analysis has been a hobby of mine for a few years now, and charts like this one really get me going. DISCLAIMER: THESE ARE STRICTLY MY OPINIONS ON THIS DATA. THERE ARE MANY DIFFERENT OPINIONS, THESE IDEAS COULD INVALIDATE AT ANY TIME. THE STOCK MARKET IS A VOLATILE PLACE, DO YOUR OWN RESEARCH. THIS IS POSTED FOR EDUCATIONAL PURPOSES ONLY, NOT ADVICE....

CryptoRichCrypto

The alt market is looking really bullish. The market cap reads above the consolidation trend shown above on the 15m chart, and we see a golden cross closely approaching fruition between the 180ma and the 9ma. The visible range will give us levels of guidance as we see inflow/outflow accordingly. Good luck traders! Disclaimer: These are my opinions posted for...

CryptoRichCrypto

Crypto is all over the place lately. Bitcoin has traded nicely within the bounds of the Bitcoin Logarithmic Growth Curves, but is in danger of falling into a further downtrend. The recent volatility has shaken the uptrend's momentum, and BTC is trading just above the 180 day moving average. The relative flatness of the 180 SMA indicates we could see BTC's next...

CryptoRichCrypto

SOFI is at an extremely important phase in its price action. There is an enormous triangle formed both on the 4h, and on the RSI chart within the same timeframe (with up to a 3% error.) We saw a false break of the pattern 9/3, and awate a more clear break of the pattern. A possible double bottom could be playing out with troghs on 8/17 and 8/31. A break of this...

CryptoRichCrypto

Welcome back traders, the Alt market has been a crazy place over the last couple months. First we will take a look at LIND/USD, and then compare it to the market as a whole: As we can see on the 4h chart above, Chainlink has been trading down and sideways along with the alt market for the last several weeks. Are we starting to see the downtrend break? Although...

CryptoRichCrypto

H+S forming on the weekly chart. The visible range will show support/resistance as Bitcoin makes up its mind.

CryptoRichCrypto

DOGE is getting ready for a big move soon. As you can see on the 12h, the red lines demonstrate an enormous pattern completing. Given the natural volatility, a big move is imminent. Also displayed are the 70, 80, and 90 day moving averages, which we may expect to act as support/resistance(s/r). The visible range's largest node at $.310597 is a big s/r line to...

CryptoRichCrypto

Welcome back traders, it has been a while. We will dive deep into CCIV across multiple timeframes, and hopefully make sense of this. Please read the disclosure below. So many YouTube influencers (ZipTrader has been one of my favorites lately) have already explained why this sold off so viscously, so that won't be covered here (you should definitely check it out if...

CryptoRichCrypto

Welcome back traders, this is a tough pattern to ignore. It is choppy, but there is a possible inverse H+S pattern nearing confirmation on the 1h. The pattern would call for highs between $16.50-$16.75. We want to see support from the Bollinger Band middle and the 9h moving average for continuation of the pattern. Disclaimer: This is NOT trading advice, nor...

CryptoRichCrypto

Welcome back traders! We are going to look at BTCUSD today on the monthly, weekly, daily, 12h, and 4h. We will look at Simple Moving Averages(SMA's,) Exponential Moving Averages(EMA's,) Oscillators, Visible Range Volume Profile(VPVR,) and more! MONTHLY The giant pattern on the monthly points to $6,450. We want to see BTC stay above the 21 EMA, currently at...

CryptoRichCrypto

Welcome back traders, Bitcoin has been all over the place lately. The bulls are holding out strong, receiving support from the 21 exponential moving average(EMA) at $8,221.40 on the weekly. It is likely not a coincidence that we saw trend support at $8,233.00 the week of October 14, 2019. A weekly close above the 21EMA is crucial for the continuance of BTC's...

CryptoRichCrypto Updated 

Welcome back traders, Bitcoin is ready to retest $7,520. We have reclaimed the 100MA, and the 50MA should soon follow. If it can reclaim $7,520 we can expect minor resistance around $7,800. After, we will see the most significant point of control on this chart, between $7,950-$8,000. Relative strength index is just above 40, is in a good spot for outbreak as well.

CryptoRichCrypto

Welcome back traders! Bitcoin just closed its fourth green candle in a row on the 4h, which makes one wonder how often that happens. Although four candles in a row is rather common with Bitcoin, it turns out that five has been considerably rarer over the last 6 months. It appears that we have been seeing a series of 1-4 sets of 5+ sequential green candles within...

CryptoRichCrypto

Welcome back traders. Bitcoin is showing some weakness today, but there is still hope. We seem to be seeing support from the 100MA at about $7,512 on the weekly. We really need to reclaim $7634.58, which was the first support we saw back in the beginning of June, when Bitcoin was first on its way up. Next, we would want to see BTC conquer its strongest Point Of...