#Bitcoin ATH hasn't happened yet ⁉️
If you don't count in fiat currency, we haven't seen the 2021 high exceeded yet (In relation to the stock market)
📝Everything is going according to plan, and by the end of this year, we will see a real ATH.
💡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)
📝Everything is going according to plan, and by the end of this year, we will see a real ATH.
💡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 profit🤑 By buying on the buy signal🟢 + fear🟦 and selling in the orange zone🟧 + greed🟥 we secured a good profit💰 and also protected ourselves from the decline we are now seeing on the chart.
$BNX has tested the yellow zone🟨 since our last post about it.
After the #altcoin provided a 9x profit💰 and tested 🟨 it is now attempting to reach the orange zone🟧 again. Currently, we see a lack of greed🟥 indicating that the asset has a good chance of reaching 🟧
After the #altcoin provided a 9x profit💰 and tested 🟨 it is now attempting to reach the orange zone🟧 again. Currently, we see a lack of greed🟥 indicating that the asset has a good chance of reaching 🟧
#Ethereum Keltner Channel 👀
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.
💡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.
💡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.💰 By buying at the buy signal🟢 + fear🟦 we saw a 4x increase📈 reaching the orange zone🟠 combined with greed🟥 which has historically been a good take profit opportunity💸 as proven by our chart.
$ENS rose by about 20% today🚀
The asset continues to struggle with its previous local ATH and the yellow zone🟨 If it closes above this level, there will be good chances for the asset to reach the orange zone🟧
The asset continues to struggle with its previous local ATH and the yellow zone🟨 If it closes above this level, there will be good chances for the asset to reach the orange zone🟧
Feels Strategy
$COTI, an #altcoin that has grown by 40%📈 in the last 24 hours. As we can see, the buy signal🟢 has again shown us a good entry point into this altcoin. #COTI has a high chance of reaching the orange zone🟠 where we will be partially locking in profits💸.
$COTI has fallen 74%📉 since reaching the orange zone🟠 + greed🟥
As you can see from the chart, taking a profit💸 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 profit💸 in this zone was a good idea, as we advised, thereby protecting you from the drop.
Feels Strategy
$SOL has reached greed🟥, 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 social…
Since the publication of $SOL, a lot of time has passed, during which we showed how it reached the orange zone🟠
Now we can observe how #Solana is trying to break through the yellow zone🟨 As we mentioned, taking profit💰 in that zone was an excellent opportunity✅
Now we can observe how #Solana is trying to break through the yellow zone🟨 As we mentioned, taking profit💰 in that zone was an excellent opportunity✅
🗣: Yesterday we received a buy signal on Hash Ribbons and today we fell, why ⁉️
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.
📝So it's simple - the hashrate has recovered.
💡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.
📝So it's simple - the hashrate has recovered.
💡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 zones🟠 and greed🟥 A good time to fix most of the profit in the form of 4x from the entrance💰
$UMA fell by 74% after reaching the take profit zone.
From the green zone🟩 + fear🟦 to the orange zone🟠 + greed🟥 we gained almost 5x profit💰 After the second signal🟢 the asset has already grown by 50%.
From the green zone🟩 + fear🟦 to the orange zone🟠 + greed🟥 we gained almost 5x profit💰 After the second signal🟢 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?
📝Let'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.
💡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 October↗️
📝Let'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.
💡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 October↗️
$AAVE has been in consolidation for over two years😳
Recently, we’ve seen some #altcoins that have been stuck in consolidation for a long period. However, when they break through the yellow zone🟨 many people start watching them, and the breakout can be genuinely strong.
Recently, we’ve seen some #altcoins that have been stuck in consolidation for a long period. However, when they break through the yellow zone🟨 many people start watching them, and the breakout can be genuinely strong.
$COMP is another #altcoin that has been trading between 🟩 and 🟨
We’ve seen that in the last two instances, the asset broke through the yellow zone but couldn’t sustain above it, indicating that 🟨 is no longer as strong a resistance as it was in all previous instances.
We’ve seen that in the last two instances, the asset broke through the yellow zone but couldn’t sustain above it, indicating that 🟨 is no longer as strong a resistance as it was in all previous instances.
#Gold / $BTC (Digital Gold) correlation 🪙
We know these two assets have been quite well correlated for the last 2 years.
📝Historically, Fed rate cut cycles have made gold more attractive.
💡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.
📝Historically, Fed rate cut cycles have made gold more attractive.
💡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.
(1/2) Why are we falling and why do I think there will be no deep correction?
🗣The first is, of course, geopolitics, risks are growing again in the Middle East,
🗣The second is additional liquidity from the US government and mt GOX.
🗣A crisis of narratives, nothing very positive will happen in the next 2 months, and the seasonality in those months also does not give anything positive.
🗣Fears that key rates will be lowered will bring negativity to the market, as has been the case historically.
🗣The first is, of course, geopolitics, risks are growing again in the Middle East,
🗣The second is additional liquidity from the US government and mt GOX.
🗣A crisis of narratives, nothing very positive will happen in the next 2 months, and the seasonality in those months also does not give anything positive.
🗣Fears that key rates will be lowered will bring negativity to the market, as has been the case historically.
Feels Strategy
(1/2) Why are we falling and why do I think there will be no deep correction? 🗣The first is, of course, geopolitics, risks are growing again in the Middle East, 🗣The second is additional liquidity from the US government and mt GOX. 🗣A crisis of narratives…
(2/2) Why these are not big problems?
💡Geopolitics. I don't want to delve into possible options, but in the basic version, I expect a repetition of the option as it was in April, after which the situation cooled down.
💡The market will absorb the liquidity here and as in the past, as we saw in the story with the sales of the German government.
💡I think there will be narratives, and seasonality does not show us a deep correction, only consolidation.
💡I consider that the negative will be only in snp500 and then very short-term. In general, lowering rates is positive, both for business and for risky assets such as cryptocurrencies.
P.S. In the table of seasonality, I left only the necessary months, taking away bear years and too early years.
💡Geopolitics. I don't want to delve into possible options, but in the basic version, I expect a repetition of the option as it was in April, after which the situation cooled down.
💡The market will absorb the liquidity here and as in the past, as we saw in the story with the sales of the German government.
💡I think there will be narratives, and seasonality does not show us a deep correction, only consolidation.
💡I consider that the negative will be only in snp500 and then very short-term. In general, lowering rates is positive, both for business and for risky assets such as cryptocurrencies.
P.S. In the table of seasonality, I left only the necessary months, taking away bear years and too early years.
Feels Strategy
#Ethereum Keltner Channel 👀 ETH reached local resistance in the form of the red zone of the channel, faster than the last cycle. What does this tell us? The consolidation before the next move may be longer. 🤔Most will say that ETH has not reached ATH yet…
What's up with $ETH? (Keltner Channel)
Today was difficult for the stock market, one of the biggest down days in the last 4 years.
#Ethereum has a large technology team that makes it look like a company with a Nasdaq and it is not surprising that it is correlated with this drop today.
🤔What's up with the ETF influx? So far, we have a strong outflow through grayscale, but according to forecasts, in a few weeks the outflow should end, and the inflow should increase.
💡This generally coincides with our forecast for the cryptocurrency market, we expect positive things from autumn.
Today was difficult for the stock market, one of the biggest down days in the last 4 years.
#Ethereum has a large technology team that makes it look like a company with a Nasdaq and it is not surprising that it is correlated with this drop today.
🤔What's up with the ETF influx? So far, we have a strong outflow through grayscale, but according to forecasts, in a few weeks the outflow should end, and the inflow should increase.
💡This generally coincides with our forecast for the cryptocurrency market, we expect positive things from autumn.
#Bitcoin 3 Phases Theory 🚦
Why do I think we still have a yellow light🟡 and a green one🟢 is still ahead?
📝First of all, we did not have a fixation (two closes in a row above) on the weekly chart above the zone of the past ATH.
📝The next, yellow phase usually lasts about 2 years, (100 weeks). The fact that we quickly grew on the adoption of ETFs to past maximums led to overheating and correction, rather than starting a green phase.
💡The movement in this model converges with our other models and other methods of analysis, which tells us that a new movement is coming soon in a few weeks.
Why do I think we still have a yellow light🟡 and a green one🟢 is still ahead?
📝First of all, we did not have a fixation (two closes in a row above) on the weekly chart above the zone of the past ATH.
📝The next, yellow phase usually lasts about 2 years, (100 weeks). The fact that we quickly grew on the adoption of ETFs to past maximums led to overheating and correction, rather than starting a green phase.
💡The movement in this model converges with our other models and other methods of analysis, which tells us that a new movement is coming soon in a few weeks.