CryptoBullet
BTC update EMA50 has been holding like a champ so far! 💡 I think this particular MA will be key to the next major BTC move. If we break it down, next two support levels are pointed out Anything above 19.6k on a closing basis is bullish with targets well…
Looks like BTC broke down the Key Moving Average
CryptoBullet
⚠️ Be cautious with XRP Full measured move out of this triangle is 40% Currently looks like a textbook bullish pennant, but it needs a confirmed breakout 🐻 Bearish below EMA21
XRP update
Like I said, that bullish pennant was looking pretty textbook but it needed confirmation
Confirmation would’ve been a closure above EMA21 and we didn’t get it
According to my analysis, by staying below EMA21 XRP should’ve been considered bearish
And the triangle breakdown followed 📉
I hope you didn’t get overexcited and strictly followed my analysis
Like I said, that bullish pennant was looking pretty textbook but it needed confirmation
Confirmation would’ve been a closure above EMA21 and we didn’t get it
According to my analysis, by staying below EMA21 XRP should’ve been considered bearish
And the triangle breakdown followed 📉
I hope you didn’t get overexcited and strictly followed my analysis
CryptoBullet
Looks like BTC broke down the Key Moving Average
📉 BTC finally crashed as expected!
🎯 First target hit, support got broken
🎯 First target hit, support got broken
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CryptoBullet
📉 BTC finally crashed as expected! 🎯 First target hit, support got broken
Update
With that bounce BTC only created a lower high. Lower low next?
🐻 Bearish bias until a higher low is created
With that bounce BTC only created a lower high. Lower low next?
🐻 Bearish bias until a higher low is created
CryptoBullet
There’s a $1.3k CME Gap between 16995-18275 📍
With yesterday’s BTC dip we started filling this big CME Gap
Now it’s between 16995-17705📍
Now it’s between 16995-17705📍
CryptoBullet
BTC dominance Important moving average regained - EMA100 Next one critical - EMA200 at 67%. Right there we have a horizontal resistance as well 💡BTC.D might get rejected there again kicking off an Altcoin relief rally
BTC Dominance update
Look at that - we got a perfect rejection by EMA200 a couple of weeks ago
That’s exactly what I expected (read the previous update)
Now another important EMA is holding as a support - EMA100
📌 Until this Moving Average is broken to the downside, no talks about any Alt Season
Look at that - we got a perfect rejection by EMA200 a couple of weeks ago
That’s exactly what I expected (read the previous update)
Now another important EMA is holding as a support - EMA100
📌 Until this Moving Average is broken to the downside, no talks about any Alt Season
CryptoBullet
WAVES looks bullish here 💡Decent Ascending Triangle + ADX and positive Di trending up Breakout should follow Use EMA50 to manage the risk
WAVES broke down the triangle support but EMA50 is holding so far
This is still a higher low, so nothing is lost
EMA50 is do or die for WAVES
This is still a higher low, so nothing is lost
EMA50 is do or die for WAVES
BTC 4h
We might be toppy here
The week is coming to an end
📍CME Futures closed at 18115 on Friday, so if we close the weekly at the current price, there’ll be a huge Gap again
We’ve gone up a lot since the touch of EMA200 and are due for some local pullback
🐂 What is definitely bullish is that we keep making Higher Lows
This sets us a general bullish tone and if we do break through the horizontal resistance (which is in line with the top of the upward channel) in the coming days, it would be a bit premature but insanely bullish!🚀 (🎯 22-25k)
We might be toppy here
The week is coming to an end
📍CME Futures closed at 18115 on Friday, so if we close the weekly at the current price, there’ll be a huge Gap again
We’ve gone up a lot since the touch of EMA200 and are due for some local pullback
🐂 What is definitely bullish is that we keep making Higher Lows
This sets us a general bullish tone and if we do break through the horizontal resistance (which is in line with the top of the upward channel) in the coming days, it would be a bit premature but insanely bullish!🚀 (🎯 22-25k)
Same pattern on YFI 4h chart once again!
We’ve got an inverse Head & Shoulders and it’s very similar to what we had in late November:
- Same slope on the neckline
- Both shoulders touched EMA200
- Head below EMA200
So, based on this we can expect a breakout here as well 📈
Valid as long as $YFI is holding above EMA200
We’ve got an inverse Head & Shoulders and it’s very similar to what we had in late November:
- Same slope on the neckline
- Both shoulders touched EMA200
- Head below EMA200
So, based on this we can expect a breakout here as well 📈
Valid as long as $YFI is holding above EMA200
CryptoBullet
Same pattern on YFI 4h chart once again! We’ve got an inverse Head & Shoulders and it’s very similar to what we had in late November: - Same slope on the neckline - Both shoulders touched EMA200 - Head below EMA200 So, based on this we can expect a breakout…
EMA200 is lost on YFI
Doesn’t look bullish anymore
Doesn’t look bullish anymore
CryptoBullet
BTC 4h We might be toppy here The week is coming to an end 📍CME Futures closed at 18115 on Friday, so if we close the weekly at the current price, there’ll be a huge Gap again We’ve gone up a lot since the touch of EMA200 and are due for some local pullback…
So, I perfectly called the local top on BTC and we’ve been constantly declining since then
Everything goes according to my projection so far
Everything goes according to my projection so far
CryptoBullet
So, I perfectly called the local top on BTC and we’ve been constantly declining since then Everything goes according to my projection so far
Major breakout is happening on BTC 👀🚀
🎯 Targets the same
Beware of a bull trap
🎯 Targets the same
Beware of a bull trap
CryptoBullet
BTC 4h We might be toppy here The week is coming to an end 📍CME Futures closed at 18115 on Friday, so if we close the weekly at the current price, there’ll be a huge Gap again We’ve gone up a lot since the touch of EMA200 and are due for some local pullback…
Well, I warned you guys that breaking through the Horizontal Resistance would be insanely bullish!
And I mentioned my target range for the breakout 🎯 22-25k
Currently BTC is trading well above 23k 😎
And I mentioned my target range for the breakout 🎯 22-25k
Currently BTC is trading well above 23k 😎
Bitcoin becomes a privilege of the Rich & Big Companies/Funds
Normies aren’t gonna buy BTC because they simply can’t afford it
[ People are way more likely gonna be buying Silver rather then Gold because Gold is too expensive ]
Also unit bias matters
What am I talking about?
💡This cycle BTC will be mostly driven by institutions while the retail are gonna buy ETH, LTC, LINK, XMR…
Normies aren’t gonna buy BTC because they simply can’t afford it
[ People are way more likely gonna be buying Silver rather then Gold because Gold is too expensive ]
Also unit bias matters
What am I talking about?
💡This cycle BTC will be mostly driven by institutions while the retail are gonna buy ETH, LTC, LINK, XMR…