ergal91

ergal91

I'm looking at monthly timeframe. As I posted earlier in my previous Analysis BTC has already bottomed at 17.5K on 18.06.2022: I will bring another prove and show you that BTC bottomed definitely. In every bear market, when these 3 things happens simultaneously it marks the bottom. Check my other analyses about BTC bottom attached bellow. Don't forget to like and...

ergal91

I'm looking at monthly timeframe. Every time when BTC touched the upper band of the channel it toped and every time when it touched the lower band of the channel it bottomed or pumped very hard. Pay attention every time when BTC topped or touched the upper band of the channel RSI> 90 and every time when BTC touched the lower band of the channel or bottomed RSI<50....

ergal91

I'm looking history data and noticed that from 1st halving to the first bear market bottom lasted 777 days with RSI bellow 30 and from second halving to the second bear market bottom 889 days + RSI bellow 30. If we count from 3rd halving to 18.06.22 the bottom day as I told you in my previous analysis/check bellow links to understand why I think it was the bottom/...

ergal91

I'm looking at daily timeframe. As always after CPI release/today/ BTC price drops and then pumps doing long and short liquidation. I expect it to drop 18.6-19.1K making triple bottom and moving up. I think this time it will succeed to break horizontal rectangle resistance and hit 24-25K. Before upward continuation, it will test the broadening wedge trendline as...

ergal91

I'm looking at 2w timeframe and comparing all bear markets with each other. History data shows in every bear market this 3 things happen at the same time. 1. BTC bottoms at 0.38 fib level/from bottom to the top/ length of bear market 400-450 days from top to bottom/ 2. These magic moving averages/ in pink circle/ crosses on the exact day/ 3 times in history. 3....

ergal91

I'm looking at BTC chart in multi- timeframe. BTC broke symmetrical triangle, formed an ascending triangle but rejected at the resistance level 22.5-22.8K. Today BTC retested symmetrical triangle trendline and can bounce, or it can touch the lower slope of ascending triangle before major bounce. There is a warning sign as well. BTC has formed a gigantic bear flag...

ergal91

I'm looking at Ethereum chart in multi- timeframe. Using trend based fib extension, I showed you that 100 % projection of A wave / from November top/ATH/ to January low has been completed. In daily timeframe there is a nice Adam & Eva double bottom pattern with ascending triangle/. Such kind of pattern there are on total market cap and BTC charts as well. At 4h...

ergal91

I'm looking at Total market cap in daily and 4h timeframe. There is a nice Adam & Eva double bottom pattern, which can be broken very soon/ in coming days/ At the same time there is ascending triangle on 4h timeframe. The resistance has been tested 4 times)) As you know as many times price hits the resistance , it becomes weaker and more likely will be broken....

ergal91

I'm comparing the breakout of 2018 BTC bear market bottom with potential 2022 breakout)) I noticed there is the same ascending triangle pattern which had been rejected 4 times before massive breakout. As I mentioned in my previous analysis I'm bullish on BTC and more likely it will break and pump min to 24-25K, even 28K/my targets mentioned in previous analysis...

ergal91

I'm looking at 8h timeframe. There is potential double bottom formation which will be completed if USDT bounces from the current support level and breaks 8% neckline. W pattern target is mentioned on the chart. This is a scenario 1/ orange color/ with 25 % probability and at the same time if can lose the current support level and breaks down to the next support...

ergal91

I'm looking at 4h timeframe. If S&P succeeds in breaking out parallel channel, the neckline of Cup and Handle pattern and at the same time ascending triangle upper band/resistance/ more likely it will hit 4180-4200$ target as mentioned on the chart. Before reaching the mentioned target. I expect a small rejection at 1.61 fib level and retest of C & H neckline....

ergal91

I'm looking at daily timeframe. BTC has broken a symmetrical triangle and completed Adam & EVA double bottom pattern. At the same time it formed An ascending triangle. If BTC succeeds to close daily candle above 21.9K ascending triangle and Adam & EVA pattern breakout will be confirmed. Targets are mentioned on the chart.

ergal91

I have published my bullish case scenario for DXY in my previous analysis. Now I'm looking at 4h and 8h timeframe and noticed M pattern with bearish divergence in 4h and rising wedge + double top with double top with bearish divergence. If this scenario plays out, it means as I mentioned in my previous analysis BTC bottomed at 17.5K on 18.06.2022 and starts its...

ergal91

I'm looking at DXY monthly chart from bullish side. I expect it pump and reach a broken horizontal rectangle target with double top and strong rejection. In this case BTC will drop to 10-12K and when DXY hits its target and starts drop BTC starts its 5th leg up.

ergal91

I'm looking at 6h time frame and have noticed a bear flag the the mentioned targets and at the same time a symmetrical triangle with the targets mentioned on the chart.

ergal91

I'm looking at US10Y on monthly scale , If we see weekly candle close with doji more probably US10Y will be rejects at this level and it' will retest previous horizontal support and diagonal trendline as mentioned on the chart.

ergal91

We' re examining a correlation between BTC and US10Y 1. taking into account negative correlation between BTC and US10Y past 2 months, IF US10Y rejects at weekly resistance with doji candle, we'll see pump in BTC. 2. Considering that US10Y has broken multi months trendline and after retest will continue it's pump and it is a leading indictor ahead 1-2 months,...

ergal91

I'm watching weekly timeframe, With this analysis I will add confluence to my previous analysis where I told you BTC has bottomed today at 16500-18500 level. Read - BTC touched the lower band of weekly parallel channel with Bullish divergence , which is BTW the bearish conservative projection from top. Read - All my ideas are written on the chart.