At this moment, many might start reading this article thinking that the bull cycle is over, but that’s not the reason I’m writing. My intention here is to provide you with advance notice of the temporal zones where you should seriously consider realizing profits from your hold portfolios and even be prepared to look at selling in the market. In the last cycles,...
Hi TradingView, today I'm going to bring here some of my BITCOIN reading! My main idea in this study is to bring you the timeline of a cycle and, mainly, what part of this cycle I believe BITCOIN is in! ⚡️This image will help⚡️ See that market cycles tend to be similar, a saying goes that the story is not the same, but it rhymes... Anyway, we have BTC reacting...
Hello TradingView, today I'm going to share with you a little bit of my opinion about BITCOIN network congestion as well as the possible impacts on asset prices. To begin with, some classic headlines after this weekend were: "Bitcoin drops 3% after “congestion” and suspension of withdrawals on Binance" But many claim that what caused all this was the Ordinals...
OKX:ETHUSDT.P OKX:ETHUSDT I've liked Ethereum- for a long time, including in bull markets it tends to be my biggest position due to its higher valuation than BTC...Not in face value, but in Growth Potential In this idea I want to bring to the community the strength of a Bullish crossing in the TSI (TRUE STRENGTH INDEX) I believe in a new BullMarket for...
Hi guys, today I'm going to bring here some of my BITCOIN reading from a long-term perspective! To be clearer with friends, we will only use an indicator called TSI = (True Strength Index) And the Price of the asset illustrated by a bar chart. See that whenever the price manages to have enough strength to make the TSI cross upwards, we have the beginning of a...
USDT has been gaining more and more MarketCap and this liquidity is clearly helping BTC to continue performing. See that last move as the correlation is close. A lot of USDT entering the market. This means that it will be very difficult to stop BITCOIN. As long as this liquidity is present in the market, BITCOIN will continue to capture it and continue its...
What does TRADE have in common with heads and tails? Well, many use simple randomness to define whether they should buy or sell and this is directly linked to heads or tails, but the point I want to address is the following: a coin with two sides has a 50% chance of falling either on one side or on the other, either heads or tails, but if you decide to toss the...
BINANCE:DOTUSDTPERP DOT is breaking the long-term LTB after suffering a price reaction in the POC of a session between August and December 2020, see that this zone remained reactive for prices. But now it's easy to think like that since it already happened, however, here I'm going to leave a study done on May 11, 2022 where the 4.39 range was already plotted...
BINANCE:BTCUSDT Will we have a symmetrical axis in BTC? To answer this question we have to first explain what the concept of symmetry is for those who don't know it yet. Symmetry Axis or Symmetric Axis In geometry, the axis of symmetry is a line that divides a figure into two symmetrical parts, that is, as if they were the object and its image reflected in...
BINGX:XMRUSDT XMR/USDT is one of the dinosaurs of the crypto world, the asset in my reading is set to build a head and shoulders formation. The operational risk of this trade is low compared to the potential, I believe that in the break-even zone, confluent with the neckline of the OCO I will consider taking my risk out of the operation. The Asset has broken...
BINANCE:BTCUSDT BINANCE:BTCPERP BTC has broken out of the symmetrical triangle to the downside. After BTC tests the low, it should pullback In my reading, the clearest pullback is between the most liquid zone plotted above with the orange box, but with a zig-zag above this region the asset should test the major resistance of the last consolidation. We...
The famous negative curve. This market concept is used when the US02Y or US03Y operate at higher levels than the US10Y, this behavior usually anticipates recessions, but why does this happen? The inversion of the yield curve distorts the expected functionality of the financial system. Under "normal" conditions, raising funds in the short term for investment in...
Hi guys, today I bring you an important point for macro analysis. Many believe that seeing a significant improvement in economic data, especially those linked to inflation, showing that it is slowing down is something positive, is it really? In a way, it's a positive metric when looked at in isolation, because inflation brings major disturbances to the economy,...
HI Guys, I will bring here an example of operation, follow the thread On that day, I observed prices trading in a strong resistance zone and close to the 200 descending EMA, so I looked for sales with targets in the support zones. I ended up taking my first take at $1.85 and I went with the targets plotted on the screen as an objective. Yesterday the price...
BINANCE:ETHUSDT BITSTAMP:ETHUSD COINBASE:ETHUSD In my opinion, ETH should follow its correction and test the low, maybe even renew lows. In this last upward movement we had some divergences for price and volume. The price is also trading in the resistance zone allied with the EMA 200, a dangerous zone to look for buys. In my view, this movement is just a...
BINANCE:BNBUSDT BINANCE:BNBUSDT BNB/USDT 60min Distribution at the top, the price should return to the areas of greater liquidity. BNB continues in a sideways movement which may be a distribution top, causing prices to return to the POC, in the crypto world this pattern of distribution top after a sharp rise, is called Bart Simpson The asset is facing the...
Hello everyone, today I'm going to bring here my view on the SP500 The SP500 is again trading at a downtrend line, which shows that we are in a strong sell zone. This price zone is also confluent with the Fibonacci retracement range between 50% and 61.8% of the last leg down. Knowing this, I believe that prices will test at least these two support bands that I...
BINANCE:SUSHIUSDTPERP Hi everyone, I believe that sushi will be cheaper in the coming weeks. What do you think ? Is sushi a good option for dinner? Maybe it is, but let's talk about charts! The sell zone for a possible pullback is aligned with an OB, so I believe there is a good risk/return for this trade. On the daily chart we have a well-defined support...