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Most recents (5)
When #Altseason ?? 1/8🧵
$TOTAL.2 is testing the previous high, expecting down-trend to end once we test the upwards sloping trendline.
Price might stay sideways inside the blue box for a little longer until $BTC is forming its bottom.
#alts #total2 #btc
$TOTAL.2 is testing the previous high, expecting down-trend to end once we test the upwards sloping trendline.
Price might stay sideways inside the blue box for a little longer until $BTC is forming its bottom.
#alts #total2 #btc
$BTC vs $ETH/BTC
If you pay attention to the 2019 bottom,
As soon as #Bitcoin bottomed out we saw an inverse co-relation ~ where ETH/BTC continued to dump & $BTC outperformed ALT/BTC during its first leg up.
2/8🧵
If you pay attention to the 2019 bottom,
As soon as #Bitcoin bottomed out we saw an inverse co-relation ~ where ETH/BTC continued to dump & $BTC outperformed ALT/BTC during its first leg up.
2/8🧵
$ETH /BTC
$ETH got rejected near 0.085100 sats , Looks like a possible rounded top, if we see something similar to 2019 we can expect a re-test of 0.05000 !!
( ETH/USDT might go up & ETH/BTC might bleed slowly at the same time)
3/8🧵
$ETH got rejected near 0.085100 sats , Looks like a possible rounded top, if we see something similar to 2019 we can expect a re-test of 0.05000 !!
( ETH/USDT might go up & ETH/BTC might bleed slowly at the same time)
3/8🧵
So 2022 has been a turbulent year for the #Crypto markets including some of the largest scams in history, a record number of rug pulls and thefts, along with 80% downward sell pressure on #Bitcoin alone
So here are my thoughts on how I see the markets unfolding in 2023 .. A 🧵
So here are my thoughts on how I see the markets unfolding in 2023 .. A 🧵
1 - #Bitcoin
So in 2023 I am expecting BTC to begin to form a bottoming pattern at the lower boundaries of the range we currently sit in, along with the volume support around $11,000 - $9,000.
Whether we capitulate or a slow grind down is to be seen
So in 2023 I am expecting BTC to begin to form a bottoming pattern at the lower boundaries of the range we currently sit in, along with the volume support around $11,000 - $9,000.
Whether we capitulate or a slow grind down is to be seen
2. $TOTAL / Total MC
In 2022 we have seen over 2 trillion removed from the #Crypto space. Now this is a good thing to help cleanse the space from bad projects and cash grabs
Now in terms of levels I am keen to look at are
- 590 Billion MC
- 350 Billion MC
20% drop minimum ‼️
In 2022 we have seen over 2 trillion removed from the #Crypto space. Now this is a good thing to help cleanse the space from bad projects and cash grabs
Now in terms of levels I am keen to look at are
- 590 Billion MC
- 350 Billion MC
20% drop minimum ‼️
TA vs FA
Technical Analysis vs Fundamental Analysis
TA works 90% of the times, FA works many times but when FA works, TA takes a backseat
Don’t blindly use TA during times of major economic events & catalysts from other co-related markets
Thread 🧵
Technical Analysis vs Fundamental Analysis
TA works 90% of the times, FA works many times but when FA works, TA takes a backseat
Don’t blindly use TA during times of major economic events & catalysts from other co-related markets
Thread 🧵
It’s wise not to use TA during the black swan events or during uncertain emotional events
Wait for that event to pass & TA will eventually takeover price action
Global stocks are dumping hard with Nasdaq $NQ leading the pack. For now $BTC is closely correlated with #Nasdaq
..3
Wait for that event to pass & TA will eventually takeover price action
Global stocks are dumping hard with Nasdaq $NQ leading the pack. For now $BTC is closely correlated with #Nasdaq
..3
#Bitcoin gave up all the gains and is back below original breakout levels. I won’t apply TA for the day until I see Nasdaq finishing a floor. The dump is brutal and hard.
Next support for NASDAQ is 5% away from current levels. Let’s wait and see if that holds
….4
Next support for NASDAQ is 5% away from current levels. Let’s wait and see if that holds
….4
Diyagonaller ve Üçgenler | #Bitcoin #Ethereum #Elrond #FTM #WRX #NEO Elliott Dalga Analizi
#mith #flm
#mith #flm
Yassı -> A, B yayvan, yavaş / C hızlı, ani, sert (Beyaz)
Zikzak -> A hızlı, ani, sert / B, C yayvan, yavaş (Kahve)
#kriptopara
Zikzak -> A hızlı, ani, sert / B, C yayvan, yavaş (Kahve)
#kriptopara
#total2 ve #btcdominance da durum buysa ki öyle görünüyor, bak sen #ALTSEASON a. Bu ay hızlı geçecek. #kriptopara #Bitcoin
-- Educational - When is the next “Alt Season”? --
[An 11 Part thread, bear with it.]
1. What is Alt Season?
2. What is #Bitcoin Dominance?
3. How to interpret BTC.D
4. How to trade based on BTC.D pt.1
5. How to trade based on BTC.D pt.2
6. What is TOTAL2?
cont...
#Crypto #BTC
[An 11 Part thread, bear with it.]
1. What is Alt Season?
2. What is #Bitcoin Dominance?
3. How to interpret BTC.D
4. How to trade based on BTC.D pt.1
5. How to trade based on BTC.D pt.2
6. What is TOTAL2?
cont...
#Crypto #BTC
-- Educational - When is the next “Alt Season”? --
7. How to interpret #TOTAL2
8. How BTC.D and TOTAL2 can be used in conjunction Pt.1
9. How BTC.D and TOTAL2 can be used in conjunction Pt.2
10. What is the current state of play Pt.1?
11. What is the current state of play Pt.2?
7. How to interpret #TOTAL2
8. How BTC.D and TOTAL2 can be used in conjunction Pt.1
9. How BTC.D and TOTAL2 can be used in conjunction Pt.2
10. What is the current state of play Pt.1?
11. What is the current state of play Pt.2?
-- What is “Alt Season”? --
🔹 A.k.a Altszn, is a part of the #cryptocurrency market cycle when many alt coins “moon”
🔹 "Mooning" is when a coin go up quickly in price
🔹 Basically an Altszn is when the Alts are out performing #BTC against the $
#altszn #bitcoin #crypto
🔹 A.k.a Altszn, is a part of the #cryptocurrency market cycle when many alt coins “moon”
🔹 "Mooning" is when a coin go up quickly in price
🔹 Basically an Altszn is when the Alts are out performing #BTC against the $
#altszn #bitcoin #crypto
