Atom has formed a weekly bullish divergence. Atom has been very weak during the past bear market and didn't show any strength in the most recent run. But it's different and we can expect NASDAQ:ATOM to rise against ETH for at least %200.
I think BTC will reach its previous ATH before the beginning of Septemeber. Also I predict to see a lot of volatility from mid Jan to the end of March due to news around ETFs and halving. Overall, bullish and buy the last dip.
ETHBTC pair is showing a weekly divergence (not confirmed until weekly candle close). If the RSI divergence forms, we can expect ETH/BTC to rally to its previous ATH until June, and possibly discovering new highs after that (if the narrative doesn't change). I have to mention that with the current status of the market and many people shifting to other L1s, This...
ATOM hasn't had the best performance comparing to other alts like $SOL. but if we look at the charts, we can speculate that is about to change. ATOM has formed a bullish RSI divergence on weekly timeframe. we can expect to see ATOM outperforming BTC in the next 3-6 months.
BINANCE:WAVESUSDT : waves has finally broken out from weekly MA50. If history repeats itself, we can expect to see a big rally from now up to $30-35 range.
ETHBTC is in position to do its last leg down! There are 2 TPs on the way dow.
Let's look back at the previous bull market. As you can see, with the explosive growth of DeFi, the bull market officially started. The upcoming bull market can be the same. We expect to see massive adoption of retail and commercial investors this time. What is your DeFi bet? Will you play it safe or high R:R? Let me know below!
Pi cycle bottom indicator has been historically very accurate to mark the bottom or a close bottom! It has been turned on now! which means that: 1. $21k BTC was the bottom; 2. or very close to the bottom. Historically, BTC saw a major capitulation on a black swan event after the Pi cycle bottom. So: 1. BTC could potentially see a dip below $21k in the...
FX:XAUUSD is now at the top of it cycle. There bearish div for most indicators have turned on!
I think gold has reached top of its cycle. there is no more room for gold.
BTC has 2 upcoming major event: SEC's deadline to approve (or disapprove) Spot ETFs , and It's 4th Halving. Until then, what do you think BTC will do? Fill in the rectangle.
$BLUR will release more than %40 of its tokens into the circulation in less than 10 days. ($95m worth). Do you think it will crash the price?
$23m worth of GMT will be released into circulation in less than 4 days. That equals to more than %10 of it's current mcap ($227m). I think one last leg down to the blue area is imminent.
INDEX:BTCUSD We saw for the first time that BTC closed below 200 Weekly MA. Also we saw for first time BTC closing below Monthly 50MA. This is not a good sign. I've updated my analysis and forecast for the bitcoin's absolute bottom. Currently BTC does not have significant support until the $10,017-$11,680 range except the $16.4k-$17k area. So stay safe...
2 signals for long: 1. Elliot wave (target 0.5 of Fibbo) 2. RSI divergence Target as shown
This trade only become active if BTC closes daily below $21,480. Point A: Liquidating longs and late shorts in euphoria Point B: liquidating late shorts and late longs in euphoria Then we head to point C. Be careful with where you put your stop loss. Invalidation: Closing daily above point B.
If you closely analyse the previous cycles and project your finding, you can find out the bottom is very close for BTC. Given that we were rejected by the weekly 50MA, we can expect to go lower and touch the 200 daily MA soon enough.
BTC has a tendency to trap bears and bulls most of the times. So these kind of scenarios should be in your mind when trading. One thing is obvious that BTC will hit its previous ATH. but the more important question is how. I think BTC will break its current bearish trend but will move to another one. My scenario and targets are in the chart. Please like and...