Innotrade_AJ

Innotrade_AJ

1. Chart Overview: - Timeframe: 4-hour (4H) candlestick chart. - Current Price: $292.00 (visible on the chart). - Trend: The price appears to be consolidating in a reaction zone near significant support levels. 2. Key Levels (Support & Resistance): - Support Levels: - $277.18: Close to the 78.6% Fibonacci retracement, a significant support level. - $292.00:...

Innotrade_AJ

The OTHERS.D/BTC.D ratio is a critical metric for identifying potential **altcoin seasons** because it measures the dominance of smaller-cap altcoins (OTHERS.D) relative to Bitcoin's dominance (BTC.D) in the cryptocurrency market. Here's why it is effective: 1. Market Capitalization Dynamics - OTHERS.D represents the total market capitalization of altcoins...

Innotrade_AJ

BTC will fear us one more time and then goes up. If we don't get support in 90-92K then it goes down to fill the GAP in 85K. Waiting for double bottom.

Innotrade_AJ

This chart presents a BTC/USDT price projection using Elliott Wave analysis on the daily timeframe. The chart indicates a potential "blow-off top" scenario approaching above the $127,000 level, so 140,000. The overall structure aligns with wave theory, suggesting a continued bullish trend into 2025. We are now in Market Cycle Corrective Wave 3. No, Bitcoin...

Innotrade_AJ

We can see a promising **Cup & Handle formation** on the TAO/USDT daily chart. The Cup & Handle pattern is known as a bullish continuation signal, indicating the potential for a trend continuation. Before we continue please Boost this Post and Follow my Page to get more Chart-Analysis 🔴 **Cup Phase**: The "Cup" began forming when the downtrend halted, and a...

Innotrade_AJ

In this analysis, Bitcoin appears to be in a distribution phase, as described by the Wyckoff Method, coupled with a Bearish Rising Wedge pattern, which suggests potential downside ahead. Here’s a breakdown of the key points: FOLLOW ME here in TradingView to become more Analysis. It's good for me. Thanks! Climax: The Buying Climax (BC) marked the peak of the...