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/
❗️Guys, please, click the LIKE button. We would appreciate it.
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 🚀
CryptoBullet
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
BTC flash crash (Pay attention to the BitMEX funding)
👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart
Now we are above 10k again
👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart
Now we are above 10k again
CryptoBullet
BTC flash crash (Pay attention to the BitMEX funding) 👉The price hit the channel’s support and perfectly got caught by EMA50 which we had on our 8h chart Now we are above 10k again
BTC 8h update
The Upward Channel broke down along with the EMA50
Support trendline on the RSI broke down
The Upward Channel broke down along with the EMA50
Support trendline on the RSI broke down
CryptoBullet
BTC: TD-9 sell on 2D chart
Well, we warned you guys about this correction when we were almost at the very top
2D chart was on TD-9 sell along with the daily.
2D chart was on TD-9 sell along with the daily.
CryptoBullet
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…
BTC Daily chart #update
📉 Parabola got broken down two days ago along with the support trendline on the RSI
In previous daily update we recommended to use that trend line on the RSI as confirmation.
Once we broke it, the correction kicked off and the falling accelerated.
Does this drop mean doom for bitcoin? No
💡As of right now it looks like a perfect pullback into the Golden Cross between MA50 & MA200 which is going to happen tomorrow (if we do not fall significantly lower from here).
📉 Parabola got broken down two days ago along with the support trendline on the RSI
In previous daily update we recommended to use that trend line on the RSI as confirmation.
Once we broke it, the correction kicked off and the falling accelerated.
Does this drop mean doom for bitcoin? No
💡As of right now it looks like a perfect pullback into the Golden Cross between MA50 & MA200 which is going to happen tomorrow (if we do not fall significantly lower from here).