📈 Look at this surge in Google Searches for «Bitcoin halving»
Can you imagine how high the interest will be one month before it and the day of the halving?
Actually yes. Just take a look at what happened in 2016.
The question is Will it be higher than in 2016? Probably yes, because this time there are more people involved.
📌Note: during the 2016 pre-halving rally the price topped out 3 weeks before the halving
Can you imagine how high the interest will be one month before it and the day of the halving?
Actually yes. Just take a look at what happened in 2016.
The question is Will it be higher than in 2016? Probably yes, because this time there are more people involved.
📌Note: during the 2016 pre-halving rally the price topped out 3 weeks before the halving
BTC 8h
👉Look at the BitMEX Funding rate! It hasn’t been so high since late Oct. 2019. That’s definitely the reason for the bulls to be very cautious.
📌The price has been moving in an upward channel since the beginning of 2020. As of right now it looks like we got rejected by the mid line. Combining this with the unprecedentedly positive funding (and don’t forget about the rocket fuel ⛽️ that’s still waiting for its moment do add extra momentum to move up/down - $1B+ Open Interest) the picture does not look quite good for the bulls at all. We may visit the channel’s support (at least) if we do not break the mid line.
👉Look at the BitMEX Funding rate! It hasn’t been so high since late Oct. 2019. That’s definitely the reason for the bulls to be very cautious.
📌The price has been moving in an upward channel since the beginning of 2020. As of right now it looks like we got rejected by the mid line. Combining this with the unprecedentedly positive funding (and don’t forget about the rocket fuel ⛽️ that’s still waiting for its moment do add extra momentum to move up/down - $1B+ Open Interest) the picture does not look quite good for the bulls at all. We may visit the channel’s support (at least) if we do not break the mid line.
ETH: Downtrend Is Broken! It’s ALTSZN
https://www.tradingview.com/chart/ETHBTC/fIYU7jbp-ETH-Downtrend-Is-Broken-It-s-ALTSZN/
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https://www.tradingview.com/chart/ETHBTC/fIYU7jbp-ETH-Downtrend-Is-Broken-It-s-ALTSZN/
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CryptoBullet
BTC Dominance BTC dominance has been moving inside this Parallel Channel for quite a while. One week ago we broke down the mid line (notice how relevant the mid line of the Channel has been) 💡This is a pretty bullish chart for alts, because it suggests…
BTC Dominance Update
📌On Jan. 21 we predicted this Altcoin party you are seeing across the board simply by looking at the BTC dominance chart - it was ready to go down more and reach the EMA100 & the bottom line of the channel. And that’s exactly what happened!
📌On Jan. 21 we predicted this Altcoin party you are seeing across the board simply by looking at the BTC dominance chart - it was ready to go down more and reach the EMA100 & the bottom line of the channel. And that’s exactly what happened!
BTC: There’s Definitely Something to Keep an Eye On. Important Update!
https://www.tradingview.com/chart/XBTUSD/GJOWoLW0-BTC-There-s-Definitely-Something-to-Keep-an-Eye-On/
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https://www.tradingview.com/chart/XBTUSD/GJOWoLW0-BTC-There-s-Definitely-Something-to-Keep-an-Eye-On/
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ADA: Wyckoff Accumulation Again?
Same pattern as on BTC before it's massive rally🚀
https://www.tradingview.com/chart/ADABTC/8lATg0Ka-ADA-Wyckoff-Accumulation-Again/
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Same pattern as on BTC before it's massive rally🚀
https://www.tradingview.com/chart/ADABTC/8lATg0Ka-ADA-Wyckoff-Accumulation-Again/
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ETHUSD
📌Today we’ve got the Golden Cross between EMA50 & EMA200 on the daily
⚠️The price is on the verge of breaking the parabola, which would be reasonable to cool off and have a small correction.
Support Levels to watch and potentially pick up some ETH are $210 & $190
📌Today we’ve got the Golden Cross between EMA50 & EMA200 on the daily
⚠️The price is on the verge of breaking the parabola, which would be reasonable to cool off and have a small correction.
Support Levels to watch and potentially pick up some ETH are $210 & $190
BTC update
📌This ascending trendline on the daily RSI is something to watch. We bounced several times off of it and now it looks like we are taking off (but sooner or later it will break down)
💡If we close the daily at current prices - that would be really significant, because it will print ‘bullish engulfing’ pattern
📌This ascending trendline on the daily RSI is something to watch. We bounced several times off of it and now it looks like we are taking off (but sooner or later it will break down)
💡If we close the daily at current prices - that would be really significant, because it will print ‘bullish engulfing’ pattern
CryptoBullet
BTC 8h 👉Look at the BitMEX Funding rate! It hasn’t been so high since late Oct. 2019. That’s definitely the reason for the bulls to be very cautious. 📌The price has been moving in an upward channel since the beginning of 2020. As of right now it looks like…
BTC 8h update
The price is again struggling against the mid line of the channel. If we manage to break it, the CME Gap at ~11.7k will be at risk of getting filled. Watching this one as well
The price is again struggling against the mid line of the channel. If we manage to break it, the CME Gap at ~11.7k will be at risk of getting filled. Watching this one as well
CryptoBullet
Decisive move is coming for NEOBTC The price is being squeezed between EMA200 & EMA100. These MAs have been pretty relevant and acted as strong support/resistance. Also pay attention to the trendlines - breakout is close. The range is getting extremely…
NEOBTC Update
The squeezing between EMA200 & EMA200 resulted into a breakout 📈
Now we are well above EMA200 on the daily which is bullish
The squeezing between EMA200 & EMA200 resulted into a breakout 📈
Now we are well above EMA200 on the daily which is bullish
CryptoBullet
NANO/BTC looks good here, but we need to see a breakout. Once we break out of the downward channel (generally bullish formation), we’ll go up swiftly. Bull div present. 🎯Targets for the breakout on the chart
NANO/BTC update
Daily perspective
Today we’ve tested the channel’s resistance (which is in line with EMA200) once again. Should this one break and there we go🚀
Daily perspective
Today we’ve tested the channel’s resistance (which is in line with EMA200) once again. Should this one break and there we go🚀
CryptoBullet
BTC 8h update The price is again struggling against the mid line of the channel. If we manage to break it, the CME Gap at ~11.7k will be at risk of getting filled. Watching this one as well
BTC 8h update
We’ve tried to break above the mid line of the channel once again
There is still $1 billion rocket fuel of Open Interest right now. The big move is yet to come
We’ve tried to break above the mid line of the channel once again
There is still $1 billion rocket fuel of Open Interest right now. The big move is yet to come
BTC Daily chart
⚠️Here is a point of concern: today’s candle is TD-9 sell. Moreover it’s TD-9 sell on 2d chart
Watch that trendline on the RSI as well. It will confirm a correction.
[ But if this does not result into a correction + taking into account the number of attempts to break above the mid line of the channel on 8h, to have a blow-off top and fill the CME Gap at ~11.5k will become the most realistic scenario ]
⚠️Here is a point of concern: today’s candle is TD-9 sell. Moreover it’s TD-9 sell on 2d chart
Watch that trendline on the RSI as well. It will confirm a correction.
[ But if this does not result into a correction + taking into account the number of attempts to break above the mid line of the channel on 8h, to have a blow-off top and fill the CME Gap at ~11.5k will become the most realistic scenario ]
LTCUSD Golden Cross between EMA50 & EMA200 on the Daily
📌 Note
Bearish crossing between EMA50 & EMA200 in May 2018 resulted into a devastating drop (-83%)
Bullish crossing between EMA50 & EMA200 in May 2019 resulted into a fascinating gain (+155%)
Bearish crossing between EMA50 & EMA200 in August 2019 resulted into a significant drop (-46%)
📌 Note
Bearish crossing between EMA50 & EMA200 in May 2018 resulted into a devastating drop (-83%)
Bullish crossing between EMA50 & EMA200 in May 2019 resulted into a fascinating gain (+155%)
Bearish crossing between EMA50 & EMA200 in August 2019 resulted into a significant drop (-46%)
CryptoBullet
BTC Dominance Update 📌On Jan. 21 we predicted this Altcoin party you are seeing across the board simply by looking at the BTC dominance chart - it was ready to go down more and reach the EMA100 & the bottom line of the channel. And that’s exactly what happened!
BTC Dominance update
We are breaking down the upward channel and that’s a very bullish sign for Alts
💡The key point is the weekly close. If we close the weekly candle below 63%, expect the Altcoin party to continue 🚀
We are breaking down the upward channel and that’s a very bullish sign for Alts
💡The key point is the weekly close. If we close the weekly candle below 63%, expect the Altcoin party to continue 🚀