Good morning everyone. It´s been a while, sorry for that, but privately I am involved 24/7 thxn to the challenges that Covid-19 had for all of us. Anyways, I feel it´s worth to make an Update on the weekl now, since we have reached not only a key-level, we also slid into a typical stall. At the moment there is still room to the upper trendline, but 10k again...
Hello guys, we are still in Bitcoin´s comfort zone on the bigger interval and are going towards the Halving in May (11th now). Currently miners are profitable and the worsening news from around the world do not seem to play a big role at the moment. So quick update here on the 6H interval. At the moment I am not entirely sure if this is rising wedge or if this...
Good morning everyone and I hope you are all safe and sound in these turbulent times! Let´s get back to some facts today to see what happened and what might happen. What we can see on a first glimps it becomes clear, that Bitcoin overall has bounces back into his comfort zone just above $6k and at the moment ranging here. There are several things no that might...
Hey guys, let´s have look at our weekly macro chart for Bitcoin and only include the very basic information such as MA200, Bitcoin Halving, major long-term lead lines and Support & Resistances. Looking at this it becomes rather likely, that we will see the area between $6.8k and $5.7k for Bitcoin within this consolidation period. We are not very far away from...
Good morning Friends, the BARR Targets have been reached and we are sitting just below a trendline & key-level today and closing below this would likely push us further down. Also on both charts ETH and BTC, we have left the Yearly Pivot area bearish. I do see some declining volume and seller exhaustion on Daily, so please start watching out now for VALID...
Good morning everyone, time for an update on Ethereum. As you can clearly see the formerly mentioned lead line did break down and got retested. So does this mean ultimately that´s been it? Not necessarily, on this Daily timeframe we also have to look at other factors, rather than only at one, at the moment we have to closely watch what is going to happen from now...
Good morning traders, after we have had a look at BTC yesterday and what to look out for, and a further drop there (still within okeish ranges, but certainly looking a little more bearish now -> BTC violated MA50) today we will have a look at Ethereum and a very possible scenario in case Bitcoin is going to drop. The BARR (Bump and Run Reversal) is a rather...
Hello friends, probably one of the most quoted phrases at the moment worldwide regarding many many matters is "How worried should we be?". Thankfully at least for Bitcoin I can give you some very good clues towards an answer. Today we are going to look at the Daily interval of Bitcoin. Pretty much a week ago Bitcoin finalized the Bullish Golden Cross of MA50 and...
Hi guys, first of all I hope you are alright and enjoy your weekend. It´s time for some updates on 3D, since alot of targets (S/R´s) have been hit during this week on quite a few assets. Starting with Gold we can see, that the uptrend is stable and the breakout above the formerly mentioned key-level worked out nicely. Shortly there was a bearish PSAR flip, which...
Hello there, it´s been a while since the last Bitcoin update. After we have broken the last massive Resistance Cluster around the Yearly Pivot ($8137 and P-Q also) and leaving behind the former corrective downtrend parallelchannel, we are now slowly reaching areas, that are significant again for Bitcoin´s further development this year. Fired also by many...
Hey traders, as mentioned before, we are hitting former low targets & support area for EURUSD the last days, after being harshly declined by the Yearly Pivot $1.12206 and retesting the trendline and P-Q with a bearish engulfing from beneath. Fairly possible the price is going to range a bit between S1-Q and S1-Y before taking any new directive approach (tendency...
Hello Traders, after Gold has been doing well recently, it made a rather poor breakout attempt on high volume and got declined (for now) but NOT being pushed back below the key-level and is now floating without producing any major bearish signals here. It is absolut within possibilities we see a slow further side / rise up to the Pivot Cluster R3-Q and R1-Y, and...
Good morning Traders, since Ethereum has been so kind and working well taking all 3 targets of the bullish falling wedge and on top the 3D Ichimoku-cloud End-to-End, it´s time to get some fresh views on next targets and possibilities. We are heading towards a resistance zone now, which I would not necessarily call Key-Level for now. This is coming up around the...
Dear Traders, a short update from my side, today Ethereum surpassed Target 2 of the bullish falling wedge and also trying to overcome it´s yearly Pivot at the same time. As you can see for this pattern there is still some room left for upwards movement, until we have to throw away this view and recalculate future possibilities. Despite history, this year...
Good evening, looking at the 240 interval and the parallel channel Bitcoin is currently moving on the lower side, we see the Yearly Pivot that still needs to retested from above, is currently together with the lower lead line of the channel building the support to look at and therefore if not happening before a good possible re-buy area. Currently the Monthly R2...
Good morning traders. After the weak attempt earlier this week, Ethereum picked up a lot and fulminantly passed the P-Q and Target 1, including retesting the connected Key-Level, which made this breakout a success after all. For now next Targets are sitting just above $180, where we will approach the Q-R1 and the 3D Cloud as resistance. The chances are good...
Hi guys :) We all know, that we are in a very important stage of Bitcoin´s midterm development. There are two major topics been this week: CME Gap and the historically bad January. Both very often heard prophecies did not come true yet. Technically the CME does not count as closed and the January has so far been pretty good. Does this mean now we cannot go...
Hello fellow traders, since EURUSD did not overcome the Yearly Pivot, it has been showing now, that for now it is accepting the Quarterly Pivot as temporary support. The white area you see is a historical area, where EURUSD does often accumulate. As this could be a retest of the falling c-c trend line, this levels have to be watched carefully until it either...