Mieko888

Mieko888

For the short term I believe it will continue to fall and bottom out in Nov 2022 after which it will start to turn around into a bull market again. Also with a 250% increase over 1 year from previous high, I predict Bitcoin will reach $175,000 next cycle peak, possibly more as mass adoption happens. Will be fun to see if I was right in 2024! :)

07:14

Mieko888

I explain my thought process in this video based on technical indicators only.

Mieko888 Updated 

My favourite reversal pattern inside the love heart the Morning Star = Bullish. Beware there will likely be a retest however it looks good and strong buyer momentum as well and fundamentals in El Salvador adopting it as legal tender. Big things to come!

Mieko888

DOT has yet to make a recovery like Kusama has, fundamentally it still has a way to go and also technically it has bounced off 50% FIBS and is within a triangle looking ready to bust out just like BTC.

Mieko888

As a FIB retracement trader I see a further retracement to daily 61.8 FIBS which is also weekly 50% FIBS happening this week so a short until these levels and waiting on confirmation of support at these levels to reenter a long trade again. *Not financial advice

Mieko888

Chart looking juicy for another breakout. Take half profit when EOS is at US$20 and hold the rest. Trading EOS/BTC on Binance so when profits are realized they're in BTC. *Not financial advice just sharing what I'm doing

Mieko888

Bought in on spot last night as the chart indicates it has retraced to a healthy level and market structure and trendline holding. Also solid fundamentals behind it and use case.

Mieko888

I first noticed this coin last year and have since looked into it especially as the market structure has now changed and its climbing back up beautifully to previous all time high. It has a lot more potential than that being a decentralized exchange. Hitting all the FIB levels looks strong. Long term hold for me.

04:53

Mieko888

My technical analysis on where BTC is headed.

Mieko888

I hate to be the one to say it but the extreme greed indicator is lit and with RSI above 70, not enough volume and historical volatility below 40 on the weekly, a major move is coming for BTC to the downside in the immediate short term before it goes to 20k.

Mieko888

I hate to be the one to say it but the extreme greed indicator is lit and with RSI above 70, not enough volume and historical volatility below 40 on the weekly, a major move is coming for BTC to the downside in the immediate short term before it goes to 20k

Mieko888

And we are all systems go! As BTC consolidates ETH is making a comeback as all indicators point to.

Mieko888

Waiting for break and retest before I enter this, all bullish indicators looking good!

Mieko888

As you can see 61.8% first FIB retracement is now the new support for BTC, Market structure and trend is still bullish on the longer timeframe and MACD shows no signs of reversal so this is the long trade I have put on. I am trading this on BTC/USD Perp on Binance as any increase gets paid in satoshis.

Mieko888

I entered this trade yesterday because of 4 indicators being market structure, uptrend, EMA cross and a double bottom on the weekly chart. Also because I looked at ETH/BTC and there was a bullish engulfing on the daily. Holding this as overall the main alts are now in a bull market as many new investors enter the crypto market and buy cheaper coins than BTC.