$BTC Minimum width on Bollinger bands π€, What does it mean?
Of course, like last summer, seasonality has played a big role - volatility has fallen.
πWe have tested the lower part of the channel and are now testing the middle line. With a breakthrough, we have an open path to the upper part of ~72k.
π‘Whether it will be a breakthrough the first time depends on the selling power of Mt. Gox investors. In my opinion, it is only a matter of time and in a few weeks, we will test the channel's top and go even higherβοΈ
Of course, like last summer, seasonality has played a big role - volatility has fallen.
πWe have tested the lower part of the channel and are now testing the middle line. With a breakthrough, we have an open path to the upper part of ~72k.
π‘Whether it will be a breakthrough the first time depends on the selling power of Mt. Gox investors. In my opinion, it is only a matter of time and in a few weeks, we will test the channel's top and go even higherβοΈ
#Bitcoin /#Nasdaq Π‘orrelation π
Last summer I already showed a similar discorrelation.
Now we have a completely repeated situation: the technology index has run higher, and Bitcoin is consolidating.
In the summer of 2020, after the halving, we also had something similar. Mostly, the correlation returns in October. Which is equally positive for both assets.
Last summer I already showed a similar discorrelation.
Now we have a completely repeated situation: the technology index has run higher, and Bitcoin is consolidating.
In the summer of 2020, after the halving, we also had something similar. Mostly, the correlation returns in October. Which is equally positive for both assets.
Feels Strategy
$HIGH π + π₯ π£οΈ"Why should I partially lock profit in the orange zone + greed? I will sell 100% of the asset when the cycle peaks." π§ A false statement that leads to a loss of profit and holding the asset for too long.
$HIGH has fallen 80%β οΈ since it reached the orange zoneπ
By buying in the green zoneπ© + fearπ¦ and selling in the orange zoneπ + greedπ₯ we achieved x5 and x8 profitsπ°
Currently, the asset has exited the green zone.
By buying in the green zoneπ© + fearπ¦ and selling in the orange zoneπ + greedπ₯ we achieved x5 and x8 profitsπ°
Currently, the asset has exited the green zone.
Weak Dollar = Strong #Bitcoin
The impact of the dollar on BTC is clearly visible, as soon as the dollar weakens, it often has a positive effect on the growth of bitcoin. Moments when 2 assets are correlated are circled below.
What awaits the dollar index?π΅
The main fall of the dollar is expected when the Fed starts to lower the rate, and then the turquoise line will begin to grow (since the DXY is inverted on the chart), which will positively affect the growth of the price of bitcoinπ
The impact of the dollar on BTC is clearly visible, as soon as the dollar weakens, it often has a positive effect on the growth of bitcoin. Moments when 2 assets are correlated are circled below.
What awaits the dollar index?π΅
The main fall of the dollar is expected when the Fed starts to lower the rate, and then the turquoise line will begin to grow (since the DXY is inverted on the chart), which will positively affect the growth of the price of bitcoinπ
Feels Strategy
$AR has brought x11 since the buy signalπ’ We often emphasize that the orange zoneπ is a good selling opportunity. However, social analysis is also crucial, as seen in the screenshot below. The combination of these two indicators provides maximum profitπ°
$AR fell by 50% since we published that the coin had reached π +π₯
By buying on the buy signalπ’ and selling in the orange zoneπ + extreme greedπ₯ we made an 11x profitπ Are you still looking for a profitable tool to make money?
By buying on the buy signalπ’ and selling in the orange zoneπ + extreme greedπ₯ we made an 11x profitπ Are you still looking for a profitable tool to make money?
#Bitcoin ATH hasn't happened yet βοΈ
If you don't count in fiat currency, we haven't seen the 2021 high exceeded yet (In relation to the stock market)
πEverything is going according to plan, and by the end of this year, we will see a real ATH.
π‘Also, it is clearly visible on the RSI that we will have a 3-wave cycle according to my 3-wave model, which I already talked about a long time ago.
If you don't count in fiat currency, we haven't seen the 2021 high exceeded yet (In relation to the stock market)
πEverything is going according to plan, and by the end of this year, we will see a real ATH.
π‘Also, it is clearly visible on the RSI that we will have a 3-wave cycle according to my 3-wave model, which I already talked about a long time ago.
Feels Strategy
$BNX gave us a 9x profitπ€ By buying on the buy signalπ’ + fearπ¦ and selling in the orange zoneπ§ + greedπ₯ we secured a good profitπ° and also protected ourselves from the decline we are now seeing on the chart.
$BNX has tested the yellow zoneπ¨ since our last post about it.
After the #altcoin provided a 9x profitπ° and tested π¨ it is now attempting to reach the orange zoneπ§ again. Currently, we see a lack of greedπ₯ indicating that the asset has a good chance of reaching π§
After the #altcoin provided a 9x profitπ° and tested π¨ it is now attempting to reach the orange zoneπ§ again. Currently, we see a lack of greedπ₯ indicating that the asset has a good chance of reaching π§
#Ethereum Keltner Channel π
The ETH returns to the red channel again. This channel will likely serve as its main movement area until the peak in 2025.
I expect turbulence in the coming days. But the start of ETF trading is, of course, a very positive event for adopting the 2nd cryptocurrency.
π‘But in the medium and long term, everything is going well for us, and we expect ATH to be beaten already in the fall.
The ETH returns to the red channel again. This channel will likely serve as its main movement area until the peak in 2025.
I expect turbulence in the coming days. But the start of ETF trading is, of course, a very positive event for adopting the 2nd cryptocurrency.
π‘But in the medium and long term, everything is going well for us, and we expect ATH to be beaten already in the fall.
Feels Strategy
$ENS has given us a 4x profit.π° By buying at the buy signalπ’ + fearπ¦ we saw a 4x increaseπ reaching the orange zoneπ combined with greedπ₯ which has historically been a good take profit opportunityπΈ as proven by our chart.
$ENS rose by about 20% todayπ
The asset continues to struggle with its previous local ATH and the yellow zoneπ¨ If it closes above this level, there will be good chances for the asset to reach the orange zoneπ§
The asset continues to struggle with its previous local ATH and the yellow zoneπ¨ If it closes above this level, there will be good chances for the asset to reach the orange zoneπ§
Feels Strategy
$COTI, an #altcoin that has grown by 40%π in the last 24 hours. As we can see, the buy signalπ’ has again shown us a good entry point into this altcoin. #COTI has a high chance of reaching the orange zoneπ where we will be partially locking in profitsπΈ.
$COTI has fallen 74%π since reaching the orange zoneπ + greedπ₯
As you can see from the chart, taking a profitπΈ in this zone was a good idea, as we advised, thereby protecting you from the drop.
As you can see from the chart, taking a profitπΈ in this zone was a good idea, as we advised, thereby protecting you from the drop.
Feels Strategy
$SOL has reached greedπ₯, I keep repeating that greed will not get you far, although some say that this is only the beginning of the Solana. But it is also an indicator that the asset is overheated, it is quite unpleasant to be part of the analysis, but socialβ¦
Since the publication of $SOL, a lot of time has passed, during which we showed how it reached the orange zoneπ
Now we can observe how #Solana is trying to break through the yellow zoneπ¨ As we mentioned, taking profitπ° in that zone was an excellent opportunityβ
Now we can observe how #Solana is trying to break through the yellow zoneπ¨ As we mentioned, taking profitπ° in that zone was an excellent opportunityβ
π£: Yesterday we received a buy signal on Hash Ribbons and today we fell, why βοΈ
Answer: The Hash Ribbon is primarily an indicator of the $BTC hashrate, it is 2 moving averages, and when after the capitulation of the miners (after the halving), we reached the plateau at least a little and began to recover, MA turned to the bullish side, which triggered the signal.
πSo it's simple - the hashrate has recovered.
π‘Of course, considering other metrics, we have a fairly positive long-term picture and hashrate is a fairly powerful fundamental metric, the growth of which is positive for the reliability of the #Bitcoin network. But too much attention to only one signal is not productive.
Answer: The Hash Ribbon is primarily an indicator of the $BTC hashrate, it is 2 moving averages, and when after the capitulation of the miners (after the halving), we reached the plateau at least a little and began to recover, MA turned to the bullish side, which triggered the signal.
πSo it's simple - the hashrate has recovered.
π‘Of course, considering other metrics, we have a fairly positive long-term picture and hashrate is a fairly powerful fundamental metric, the growth of which is positive for the reliability of the #Bitcoin network. But too much attention to only one signal is not productive.
Feels Strategy
$UMA Another double signal, orange zonesπ and greedπ₯ A good time to fix most of the profit in the form of 4x from the entranceπ°
$UMA fell by 74% after reaching the take profit zone.
From the green zoneπ© + fearπ¦ to the orange zoneπ + greedπ₯ we gained almost 5x profitπ° After the second signalπ’ the asset has already grown by 50%.
From the green zoneπ© + fearπ¦ to the orange zoneπ + greedπ₯ we gained almost 5x profitπ° After the second signalπ’ the asset has already grown by 50%.
$BTC Now everyone is drawing a cup and handle and saying that ATH is coming soon, why is it not quite so?
πLet's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a positive signal. After all, the longer the consolidation in front of the resistance zone, the more likely this resistance will not hold.
π‘Most take the depth of the cup and say that this will be the growth (300k+), which is not right at all. Here, in the case of #bitcoin, you need to remember that the figures of the technical analysis do not matter much and you need to look at the fundamental analysis and also take into account seasonality.
I expect a break through the resistance not now, but in the coming weeks and definitely a break above 80k in OctoberβοΈ
πLet's talk about the pattern first, the cup handle pattern when the asset has a deep drop, after which it recovers and tries to break past highs. Of course, when the price consolidates near resistance and forms a so-called handle, this is a positive signal. After all, the longer the consolidation in front of the resistance zone, the more likely this resistance will not hold.
π‘Most take the depth of the cup and say that this will be the growth (300k+), which is not right at all. Here, in the case of #bitcoin, you need to remember that the figures of the technical analysis do not matter much and you need to look at the fundamental analysis and also take into account seasonality.
I expect a break through the resistance not now, but in the coming weeks and definitely a break above 80k in OctoberβοΈ
$AAVE has been in consolidation for over two yearsπ³
Recently, weβve seen some #altcoins that have been stuck in consolidation for a long period. However, when they break through the yellow zoneπ¨ many people start watching them, and the breakout can be genuinely strong.
Recently, weβve seen some #altcoins that have been stuck in consolidation for a long period. However, when they break through the yellow zoneπ¨ many people start watching them, and the breakout can be genuinely strong.
$COMP is another #altcoin that has been trading between π© and π¨
Weβve seen that in the last two instances, the asset broke through the yellow zone but couldnβt sustain above it, indicating that π¨ is no longer as strong a resistance as it was in all previous instances.
Weβve seen that in the last two instances, the asset broke through the yellow zone but couldnβt sustain above it, indicating that π¨ is no longer as strong a resistance as it was in all previous instances.
#Gold / $BTC (Digital Gold) correlation πͺ
We know these two assets have been quite well correlated for the last 2 years.
πHistorically, Fed rate cut cycles have made gold more attractive.
π‘It is very likely that from September when the rate starts to come down, this will again trigger a bull market in gold and #Bitcoin.
We know these two assets have been quite well correlated for the last 2 years.
πHistorically, Fed rate cut cycles have made gold more attractive.
π‘It is very likely that from September when the rate starts to come down, this will again trigger a bull market in gold and #Bitcoin.