https://www.tradingview.com/x/SSH6sQB6

Still going as planned. Last time I shared my mid term view for BTC around 40k. Red trendlines are the areas we need to breach. Still along way to go

https://www.tradingview.com/x/pITnscsc

Short term time frame we can clearly see that we need to conquer ema200 on the 4h timeframe which is around 42k. For me this is the first pivot point which is quite important.

Free mid-term call

https://www.tradingview.com/x/YJGy65Do

#DIA

Definitely Will be a short/mid term call combined. I expect fireworks once this downtrend is over with targets beyond 2x. However, some conditions needs to be met before we can consider big gains. It needs to get out of this boring accumulation range that has been formed since January.

Buy range 0,90-0,93
DCA level 1 0,82-0,84
Target 1 0,98
Target 2 1,00
Target 3 1,08
Target 4 1,13
Short term targets.
Target 5 1,20
Target 6 1,43
Target 7 1,59 flipping this and we will go to pluto and beyond
Target 8 1,70
Target 9 1,95
Mid term targets

Normally I don’t give any mid term targets until I really think that we will see a big run for alts. However, looking at the risk reward rate of this chart I think this will be perfectly for both normal traders and holders.

Stoploss 4h close below 0,79

https://www.tradingview.com/x/HSbb9QvW

3day chart for #BTC

Look how important this lower trendline is. Also 3day ema200 support exactly beneath it. I published this exact same chart 8 weeks ago. This is the only chart I am watching on the higher timeframes atm.

On the Second chart you can see what I published earlier. We’ve lost the daily trendline and we are stuck just beneath it. That’s why I am assuming for now that we’ll hit 38500 area first before moving up higher. Invalidation will be a close above 40k

https://www.tradingview.com/x/YsEaKbtq

So we did broke down as expected. However, we didn’t saw any bounce yet unfortunately. For now the main important thing is holding 37500-38000 area. It also starts to look like a broadening wedge on the 4h timeframe. Let’s see and wait

https://www.tradingview.com/x/6hFF9gXQ/

Daily engulfing candle is going to appear. Not looking good at all. I was hoping we could avoid this candle close. one of the uglies candles I have seen in a while. Especially because its a daily candle close. next support zone 37500 (the most important one) and 36500, 35000 and 34000

resistance zones around 38000, 39500, 40000, 41000

The only thing that can save us now ( short term) is stocks bouncing up.

https://www.tradingview.com/x/Hj2oLsxw

Broadening wedge still intact. Something positive:) also, we might see 4h bull divergence forming.

But we need to be realistic as well, daily close was absolutely disgusting .

Let’s monitor for now and see what todays price action will bring us.

Stay tuned 🐺

https://www.tradingview.com/x/7VNfkFjv

My target got reached exactly, and thats where we got rejected as well. So what now? Either we’re going to test 38400 zone again find some support and move back up. Or, we are going to test 37500 again.

Stay tuned 🐺

https://www.tradingview.com/x/sPxQqQeF

Broke support and now we’re testing a pretty important area. If we cannot hold 37500 than their is a big big chance of testing 34500 IMO

#BTC once again bouncing from trendline + support. Also take a look at that RSI pointing upwards and breaking out, after showing bullish divergence first. I think we might be heading towards 40-42k area. Bullish view invalidated with a break below $37550.

https://www.tradingview.com/x/9cafUO0I/

#BTC

on its ways to flip 39100 👀

Free call

https://www.tradingview.com/x/QLA9wPgT

#matic

Bounced from 3day demand area. We are going to accumulate it slowly as I want to use a quite big SL.

Buy range 1,15-1,18
Dca level 1 1,05-1.10

Target 1 1,21
Target 2 1,25
Target 3 1,29
Target 4 1,34
Target 5 1,40
Target 6 1,50

Sl 4h close below 1,02
Risk: medium

https://www.tradingview.com/x/ZUsHabPo

Ok let’s observe what just happend:

Stocks went down big time like the nasdaq. #DXY went up big time, and it’s approaching dangerous levels. We made a fake breakout to the upside and got rejected around 40k zone.

BTC broke through 37500 levels but it’s trying to flip it as we speak. We bounced from 36500 support zone and it looks like its going to hold for now.

Personally, I’ve scalded in the open calls we had trying to get my average down. None has hit sl so far

Lets continue to observe the market in the upcoming hours.

https://www.tradingview.com/x/Bi8qAXF9

I have buy orders ready for BTC around CMP and 30000 area if it gets that low. Golden opportunity

https://www.tradingview.com/x/aHqJot0Z/
https://www.tradingview.com/x/1mOL7ZsU/
https://www.tradingview.com/x/WcJpwZTk/
https://www.tradingview.com/x/2M1iSCOt/
- "First chart shows correlation between BTC VS DXY" ( DXY represents the orange line)
- Second chart shows us the BTC price
- Third chart visualises TOTALmarketcap
- Fourth chart total2

1 Correlation between BTC tops and DXY bottoms and visa versa is absolutely insane. I am not going to say that the bottom is around 30k or maybe even lower. All I say is that as soon as the DXY is going to make its local top, stocks and crypto will make a big reversal again.

most important thing now is monitoring this.

2. If we check the current chart of BTC ( second link) we can see that its approaching a big support zone. IMO this is the perfect start to apply DCA ( Dollar cost average) for BTC atleast. Dont worry to much of finding the bottom. This is not the area to start selling your BTC, your to late for that. Now is the time of scaling back in or make your first DCA purshase. Don't listen to those twitter influencers that are typing like this "BOTTOM IS IN", "WE ARE GOING TO 21K", "NEXT BULL CYCLE WILL START NOW"!!

They only care about getting reactions and likes, those messages are not going to help you. Rather try to stay objective and calmly observe what is going on.

3. Third chart is about the total market cap of crypto. We can see that it has dumped 14% in one week and its approaching the next big support zone. If it fails to stay hold this important zone, I do expect a far bigger selloff. And, I think this will be triggered by a big capitulation candle if it is coming. However, it has a big confluence support hit along with EMA100 on the weekly timeframe, so hopefully it can hold this area.

4. last chart shows us the altmarket cap exluding BTC. it looks very similar as the previous chart. we need to hold the current green box. if this cannot sustain, than a big possibilty of getting much lower will become reality. Again I expect this only to happen if we see a big capitulation candle.

Overal it doesn't really look good, but the good part is that we already have approached some key support areas on all the chart. BTC didn't look good since we failed to flip 48k. and ranging between crucial support and key resistance levels are extremely dangerous. Do not try to buy the dip for long-term investment constantly. I often advice people to buy coins when you really see a reversal candle instead of trying to catch a falling knife.

Take your time reading this and enjoy!

Soon.. bitcoin must choose direction… descending triangle getting tighter.

Every major market bottom was formed between 400-600 days before halving (green). We are green now.. but also will be green for the next 200 days.

Some action at BTC is getting some movements back into the markets. Another nice opportunity is Decentraland #MANA. I see a very good risk/reward here. Remember metaverse only had it's bubble hype growth last year, next few years metaverse might see more stable growth...

Target 1: $0,90
Target 2: $1,09

SL $0,69