$BTC
This is not pretty. Bitcoin fell after a rising wedge, retested the trend line resistance and is now falling.
I believe we could fall to at least some of the targets marked.
Long term 100k, short term, could see a decent retrace.
1D https://www.tradingview.com/x/jy4IApi0/
This is not pretty. Bitcoin fell after a rising wedge, retested the trend line resistance and is now falling.
I believe we could fall to at least some of the targets marked.
Long term 100k, short term, could see a decent retrace.
1D https://www.tradingview.com/x/jy4IApi0/
$TOTAL2
Break and retest of the 1.618 extension. Next target is 2.618.
This is measured from 2017 top to 2018 bottom.
Bitcoin dominance is in freefall.
Longing Bitcoin pairs is great right now.
1D https://www.tradingview.com/x/eqXBuC4n/
Break and retest of the 1.618 extension. Next target is 2.618.
This is measured from 2017 top to 2018 bottom.
Bitcoin dominance is in freefall.
Longing Bitcoin pairs is great right now.
1D https://www.tradingview.com/x/eqXBuC4n/
$BTC Dominance
The last support before there's a massive gap has been breached.
Alts will continue to pump against Bitcoin.
This could be that last altcoin rally, where all the old shitcoins are bought by newbies on Coinbase.
Expect many more stupid rallies on zombie coins.
But remember, this will end at some point.
1W https://www.tradingview.com/x/kHhjeARS/
The last support before there's a massive gap has been breached.
Alts will continue to pump against Bitcoin.
This could be that last altcoin rally, where all the old shitcoins are bought by newbies on Coinbase.
Expect many more stupid rallies on zombie coins.
But remember, this will end at some point.
1W https://www.tradingview.com/x/kHhjeARS/
$SNX
Looking good in this bull flag break out.
I think normies will flock to this defi coin on the major exchanges.
1D https://www.tradingview.com/x/nEVs1k3z/
Looking good in this bull flag break out.
I think normies will flock to this defi coin on the major exchanges.
1D https://www.tradingview.com/x/nEVs1k3z/
Watchlist - BasketDAO $BASK
Preamble - DeFi’s latest vampire attack by an anonymous team. The BasketDAO team stands out because…
Reason 1 - They convert all underlying assets in $DPI and put them into the lending platforms to get the interest bearing versions (where applicable) and then they wrap those interest tokens into their new token $BDPI so your tokens are always gaining value over time.
Reason 2 - Basket has been live for less than 10 days they have already converted $52m of $DPI to $BDPI. Seems $DPI owners really like the idea of having an interest version!
Reason 3 - $DPI is charging 0.95% streaming fee, while $BASK is charging 0%
Overall these upgrades are something we would expect from the v2 version of DPI and instead it came from a competitor.
Preamble - DeFi’s latest vampire attack by an anonymous team. The BasketDAO team stands out because…
Reason 1 - They convert all underlying assets in $DPI and put them into the lending platforms to get the interest bearing versions (where applicable) and then they wrap those interest tokens into their new token $BDPI so your tokens are always gaining value over time.
Reason 2 - Basket has been live for less than 10 days they have already converted $52m of $DPI to $BDPI. Seems $DPI owners really like the idea of having an interest version!
Reason 3 - $DPI is charging 0.95% streaming fee, while $BASK is charging 0%
Overall these upgrades are something we would expect from the v2 version of DPI and instead it came from a competitor.
$BTC Dominance
Expect consolidation around this area for a while.
Dominance fell to support again.
1W https://www.tradingview.com/x/3F6ICu7P/
Expect consolidation around this area for a while.
Dominance fell to support again.
1W https://www.tradingview.com/x/3F6ICu7P/
$BTC
Nice big rising wedge has broken to the downside.
I'll be bearish on Bitcoin if it closes the 4H below this trend line (1.5 hours time).
4H https://www.tradingview.com/x/1plzbFX9/
Nice big rising wedge has broken to the downside.
I'll be bearish on Bitcoin if it closes the 4H below this trend line (1.5 hours time).
4H https://www.tradingview.com/x/1plzbFX9/
$BTC
Just an update on this line chart.
Bitcoin was in a parabola, and broke the trend at the first "!".
Bitcoin then broke a less steep trend at the second "!".
It's now hanging onto that level for dear life.
1D https://www.tradingview.com/x/N9vu6l8E/
Just an update on this line chart.
Bitcoin was in a parabola, and broke the trend at the first "!".
Bitcoin then broke a less steep trend at the second "!".
It's now hanging onto that level for dear life.
1D https://www.tradingview.com/x/N9vu6l8E/
$TOTAL
Closing the daily as a doji above this trend line is good news for the market.
Closing Below is bad.
1D https://www.tradingview.com/x/PRMfANkw/
Closing the daily as a doji above this trend line is good news for the market.
Closing Below is bad.
1D https://www.tradingview.com/x/PRMfANkw/
Rules of a trend reversal
1. Break of trend
2. Lower low
3. Lower high
I imagine we'll put in a lower high as a retest of the yellow trend line.
https://www.tradingview.com/x/S7IPII7U/
1. Break of trend
2. Lower low
3. Lower high
I imagine we'll put in a lower high as a retest of the yellow trend line.
https://www.tradingview.com/x/S7IPII7U/
Daily close for TOTAL was above resistance.
Bitcoin dominance is bearish.
I bagged a heap of $SNX and $DOT.
Bitcoin dominance is bearish.
I bagged a heap of $SNX and $DOT.
TOTAL
Bad news for TOTAL market cap.
If this bear flag plays out, the target is 1.6T.
1H https://www.tradingview.com/x/JDaf5jCo/
Bad news for TOTAL market cap.
If this bear flag plays out, the target is 1.6T.
1H https://www.tradingview.com/x/JDaf5jCo/
$BTC
Played out as expected with a bearish retest of the key trend line, followed by continuation to the downside.
The trend is confirmed bearish.
1D https://www.tradingview.com/x/7S17gzEv/
Played out as expected with a bearish retest of the key trend line, followed by continuation to the downside.
The trend is confirmed bearish.
1D https://www.tradingview.com/x/7S17gzEv/
Coinvision Analysis
$BTC Played out as expected with a bearish retest of the key trend line, followed by continuation to the downside. The trend is confirmed bearish. 1D https://www.tradingview.com/x/7S17gzEv/
$BTC
Bearish trend continues with a nice push from Biden effectively announcing Austerity in the US.
1H https://www.tradingview.com/x/sfhWIFwu/
Bearish trend continues with a nice push from Biden effectively announcing Austerity in the US.
1H https://www.tradingview.com/x/sfhWIFwu/
$BTC Dominance
We don't need to draw a heap of lines to show how that 50% is a strong support for Bitcoin Dominance.
A bounce there is to be expected. Once it breaks, it's alt season.
1W https://www.tradingview.com/x/RwMoqNNp/
We don't need to draw a heap of lines to show how that 50% is a strong support for Bitcoin Dominance.
A bounce there is to be expected. Once it breaks, it's alt season.
1W https://www.tradingview.com/x/RwMoqNNp/
$TRXBTC
Huge falling wedge on Tron, which is probably going to be the next blockchain to start pumping among all these Ethereum alternatives. It actually reminds me of $DOGE before the breakout.
1W https://www.tradingview.com/x/pk7nHKUX/
Huge falling wedge on Tron, which is probably going to be the next blockchain to start pumping among all these Ethereum alternatives. It actually reminds me of $DOGE before the breakout.
1W https://www.tradingview.com/x/pk7nHKUX/
$BTC Dominance
This is an extremely important area.
Either Dominance holds this level at 50.4%, confirming bullishness (and hurting alts), or it is rejected.
The next 1hour close should give clarity. I'm either exiting all alts for Bitcoin or holding strong.
1H https://www.tradingview.com/x/IrzGj5jn/
This is an extremely important area.
Either Dominance holds this level at 50.4%, confirming bullishness (and hurting alts), or it is rejected.
The next 1hour close should give clarity. I'm either exiting all alts for Bitcoin or holding strong.
1H https://www.tradingview.com/x/IrzGj5jn/
$BTC Dominance
Falling wedge + inverted head and shoulders on the 5 minute chart.
This definitely plays into the bullish narrative for dominance. Bearish for alts.
I'll update if there's a rejection.
5m https://www.tradingview.com/x/VjmQpB1L/
Falling wedge + inverted head and shoulders on the 5 minute chart.
This definitely plays into the bullish narrative for dominance. Bearish for alts.
I'll update if there's a rejection.
5m https://www.tradingview.com/x/VjmQpB1L/