The chart above shows the evolution of the Bitcoin (BTC) price against the US Dollar (USD) on a 2-day (2D) time scale. The general trend shows high volatility and marked movements, typical of Bitcoin market cycles. It is important to note that this is a macro analysis, taking into account long-term trends and global indicators. Price Analysis 1. Current Price...
Summary of the Current Situation: ETH/USDT is currently trading around 2914.68 USDT after experiencing a sharp decline, but it seems to show signs of recovery. Here are some key points to note: 1. Overall Trend: • A sharp decline has been observed recently, but indicators show signs of stabilization and potentially a recovery. 2. Technical Indicators:...
On the 4-hour BTCUSDT chart, we observe several key technical signals that can guide our trading decisions. Indicator Analysis: 1. Danger & Divergences: • Green and purple triangles mark danger zones and price divergences. Notably, recent bullish divergences (Div ++) have been identified, suggesting a possible recovery. 2. Volume and Momentum: • The...
Nine months ago, we observed a remarkable signal that led to a 14% decline followed by a 190% increase. Today, we have another signal pending confirmation. The Hash Ribbons is a technical indicator developed specifically for Bitcoin by Charles Edwards. It uses the network's hash rate and its moving average to generate potential buy signals. This indicator is...
The kNN (k-Nearest Neighbors) indicator is starting to exhibit encouraging signals for initiating buy positions in the BTC/USD market. The kNN Sentiment Anomaly Detector, a form of supervised learning, processes historical price data to pinpoint anomalies in investor sentiment. It focuses on the divergences between normalized investor satisfaction and actual asset...
I’m sharing an interesting observation on BTC/USDT in the 4-hour timeframe. The ISPD indicator is showing promising signs, particularly with the Mason line currently touching its base. This setup could potentially trigger a significant rebound. (you can find this indicator freely using the mason line indicator). Two scenarios appear to be forming based on this...
Timeframe : 2H to 4H to avoid false signals Target Zones: First Target: $61,000 - $61,500 Second Target: $66,000 (Profit-taking zone) Potential Short: Around $65,000 Rationale: -I expect Bitcoin to first reach the $61,000 - $61,500 range before heading towards the $66,000 zone, where I will take profits. -A modest short position might be considered at...
The ISPD indicator signals a first buy zone, and BB/RSI_DIV likewise. I have repurchased 70% of my positions sold in spot around 71,000 and 69,000. I have not yet opened a new position, waiting for the hash ribbons to turn blue before doing so. The hash ribbons signal suggests we need to liquidate the market and eliminate the weakest miners. Let's go for...
Timeframe: 4H to 8H to avoid false signals Target Zones: First Target: $58,000 - $59,500 Second Target : $55,000 - $56,500 Rationale: -I took substantial profits on my long-term position between $69,000 and $72,000. I'm starting to look for areas to reposition my funds. -I expect Bitcoin to then reach the second target of $55,000 - $56,500 range. -ETF...
Timeframe : 2H to 4H to avoid false signals Target Zones: - First Long Target: $61,000 - $61,500 - Second Target: $66,000 (Profit-taking zone) - Potential Short: Around $65,000 Rationale: - I expect Bitcoin to first reach the $61,000 - $61,500 range before heading towards the $66,000 zone, where I will take profits. - A modest short position might be...
Market Cycle Analysis with the the Machine Learning: kNN sentiment Anomaly detector indicator When analyzing the Bitcoin market on a daily time frame (1D), certain recurring patterns stand out. Using the Machine Learning: kNN sentiment Anomaly indicator, we observe several phases that seem to repeat at regular intervals: 1. End of Bull Market: Following a...
On different indicators such as the BB/RSI/MFI/ISPD, Bitcoin seems to be reaching a bottom zone where it could be interesting to look for a strong rebound. I'm always careful at times like this to make sure the correction isn't too deep. That's why I've started opening positions in several moves. The aim is to take out 50% of the buy position on a 5% rise in the...
The Hash Ribbons is a technical indicator developed specifically for Bitcoin by Charles Edwards that uses the network’s hash rate and its moving average to generate potential buy signals. This indicator is seen by many as a representation of the fundamental health of the Bitcoin network and has been widely adopted by traders and investors to pinpoint potential...
A number of indicators suggest that it may be worth buying the bottom in this potential phase of market reaccumulation. (Hash Ribbons, Mason, ISPD, altcoin dominance...) I'm trying this move on the eth with a tight stop. Potential entry in 4 stages. First entry price at $1824. The aim is to take out 50% of the buy position on a 3% rise in the asset and let the...
I anticipate increased volatility in cryptocurrencies over the next week. ETH/USD appears to be mirroring a pattern observed a few weeks ago. This similarity can be spotted in the RSI and the 'Investor Satisfaction & Price Divergence' tool. The current trend looks corrective. I'll hold off on taking spot swing positions on ETH/USD until I see a departure from the...
An interesting pattern has been forming in the LINK/USD chart – the ABC pattern. As we approach the end of wave C, it's important to pay attention to potential buy setups. As long as we don't break below the $5.90 level, it may be a good opportunity to look for buy setups. The Investor Satisfaction & Price Divergence indicator also reveals a significant...