Here you may find an important event, but it isAt the beginning of each year, if the general price of Bitcoin enters from the top of the box shown in the image, the price may decrease throughout the year, but if the general price enters from the bottom of the box, the price may rise and will grow in the middle of the year and then it may slow to enter the new year see analysis
Coin
Coinbase (NASDAQ: $COIN) Looks Ready To Bounce Hard! ⚽Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.
VeChain (VET) Presently AcknowledgedAt the hour of composing, VeChain (VET) is positioned 37th as indicated by Coinmarketcap.com. The computerized resource has an all out market capitalization of $3.167 trillion and is exchanging at $0.04925. VeChain makes some all-memories high worth of $0.2782 set on April seventeenth, 2021, and an untouched low worth of $0.001678 set on Spring thirteenth, 2020. Beginning financial backers of VET, who have held since the venture's beginning, right now have a return for capital invested of 226.65%.
VeChain (VET) is presently an acknowledged type of installment in north of 2 trillion stores that range 70 nations
Support for VeChain as an installment choice is the consequence of an association with Speculative chemistry Pay
The news comes in the scenery of VeChain being an upheld chain in Binance Extension 2.0
VET, the coin behind the production network blockchain undertaking of VeChain, is presently acknowledged as a type of installment in north of 2 trillion stores that length 70 nations. The new accessibility of VeChain as an installment choice outcomes from another organization with the crypto installment administrations supplier of Speculative chemistry Pay.
Speculative chemistry Pay centers around retail exchanges utilizing retail location gadgets. Furthermore, Speculative chemistry Pay's main goal is to expand admittance to crypto with government issued money, consequently supporting the reception of blockchain innovation.
Straight Dollas Wish I woulda posted when I entered. Upthrust after distribution (UTAD) changed directions directly on the HTF point of control with some pow!!
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
As described last week, exactly 7 days ago Kumo turned red and currently has a thickness of about 1.85%.
The market is in a downtrend situation - confirmed by Tenkan and Kijun and the price is below the Kumo, below the Tenkan on both daily and weekly timeframes - and has a sideways bias.
The Kijun Trend indicator always indicates the search for short positions.
Heikin-Ashi:
After three green candles, now a series of particularly "strong" red candles have taken the price in and below the Kumo, confirming a moment of indecision.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from the all-time high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 41200.00 by Ichimoku Flat/Cuspid Chikou areas
- 39400.00 from Ichimoku Flat/Cuspid areas of Chikou
- 37000.00 from Ichimoku to Chikou Plains/Cuspid areas
- 35000.00 from Ichimoku Chikou flat/peak areas
- 33500.00 from Ichimoku Flat/Cuspid areas of Chikou
- 30300.00 by areas Ichimoku Flat/Cuspids of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
BTC is in a downtrend with a sideways bias on the daily and weekly time frames. Last week's Kumo volatility, as indicated in concert by the various indicators and the Kumo itself, has turned from support to resistance.
The well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods also confirm the downtrend.
From a fundamental point of view, a bullish impulse is possible on the week to launch a BTC Spot ETF.
It is important to evaluate the closing of the week and during the week on the following price structures:
- Bullish: 41250.00
- Bearish: 39400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Increased
- Price of BTC: Decreased
- Alt Cycle Expectation: Marked Downtrend ccc
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
BULLISH Setup in COIN Coinbase daily chart shows a Wolfe wave setup before earnings. Due to the uncertainty around earnings and sentiment in BTC, which is currently trading under $42000, I am expecting price to attempt a rally post earnings. If BTC reclaims the 6 day ma then I may consider opening an early position in COIN in anticipation of a crypto rally. BTC rally would be one indication that coin may begin a rally. If I were to open long call contracts, I would consider 3 months dte strikes around $225. Based on today's price action, I am more inclined to sit tight and wait for post earnings results rather than anticipate a run up into earnings. Hope this helps.
Why is no one talking about this massive bear flag for bitcoin?During the end of 2021, btc collapsed from the high of 69k, and unlike last time in may the recovery has printed a bearish flag pattern. This suggests to me, that the price may eventually collapse from the parallel channel and touch the support of 28k, where we will have either a significant bounce followed by continuation of downtrend or a true bullish reversal.
Weekly Analysis BTC via Ichimoku by TheSocialCryptoClubGood weekend,
As usual, here is our analysis of the week looking at a glance at the daily chart of BINANCE:BTCUSDT using the Ichimoku Kinko Hyo indicator with traditional settings. We used additional indicators that we have developed and released Open Source, you can find them at the end of the analysis.
Trend:
The Kumo is about to turn red today, having shrunk totally since last week. The Senkou Span B has increased and the Senkou Span A has decreased. The Kumo of the present day - however very thin - is acting as a price structure. The price is however now inside the Kumo a sign of uncertainty. Kijun is sideways.
Almost all lines both individually and in concert indicate a downtrend and price is not above Tenkan Weekly. Kijun and Tenkan, both on the daily and weekly timeframe indicate a downtrend.
The Kijun Trend indicator, which had anticipated last week's search for short positions, continues to be red.
Heikin-Ashi:
As last week, the Heikin-Ashi are always above the Kumo but have been red for a week now and are using the Kumo as support.
Supports and resistances:
- 75000.00 from Fibonacci
- 67000.00 from historical high
- 66001.41 from historical high of Chikou
- 51800.00-52600.00 from Ichimoku Flat/cusp areas of the Chikou
- 49000.00-51000.00 Fibonacci, Psychological Threshold and Kijun Weekly
- 44400.00-45600.00 by areas Ichimoku Flat/Chikou Cusps
- 40200.00-40800.00 from Ichimoku Flat/Chikou Cusp areas
- 30300.00 from Ichimoku Flat/Cuspid Chikou areas
- 37000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 35000.00 from Ichimoku Flat/Cuspid areas of Chikou
- 33500.00 by Ichimoku Flat/Cuspid areas of Chikou
For the various static price structures it is possible to refer to the chart where the structures identified by the flat moments of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes are plotted, also Chikou price for the daily time frame.
Also, recall that the various Ichimoku lines serve as dynamic price structures: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Fibonacci:
The Fibonacci levels still show us a long-term positive sentiment and puts the 0 on the upside at 75000.00. The price is back below the 0.618 level.
Conclusion:
The BTC has indeed broken its ascent and after the Kijun Trend Indicator also the Kumo is performing the twist. Same situation on the weekly time frame. It is very important to monitor the price especially when it is inside the Kumo, which means unpredictability to observe if the Kumo itself will continue to act as support or if it will turn into resistance.
Also, referring to the well-known exponential moving averages often used in the Crypto market on the 200, 50 and 20 periods, the averages themselves performed a downward cut this week.
It is important to evaluate the closing of the week - especially for the Kumo Twist - and during the week on the following price structures, with emphasis on the sideways momentum:
- Bullish: 41200.00
- Bearish: 39400.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Decreased
- BTC dominance: Decreased
- Price of BTC: Decreased
- Expectation of Alt cycle: Stable.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
The analysis of the behavior of major player Part 2Hey everyone.
Today i want to proceed my sharing of my knowlege about the behavior of large players in the market,
how to notice them and how to use it.
In the last tutorial we had a discussion about points where the major players places them SL and that this points it is = the biggest sales or buys in the market according the directions.
So today i want to show you this point on the chart in the major coin exactly.
Point of stop losses of major players is circled on the chart.
On this example we can see the major SL actuation like a BIG buy in the market!
Have an awesome deals 🤝🔥
A Bold Forecast!With current momentum, based on my analysis Coinbase could drop below 100 by the next earnings!
It is a 50% drop from current prices! and it could happen in less than a month, If you are interested in shorting opportunities evaluate this!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Bitcoin - Very bearishIn our previous posts, we warned about the decrease in volume which accompanied the rally. Since then, BTCUSD saw a reversal, and the price faltered by 7%. Technical and fundamental factors continue to point to the downside for Bitcoin. Therefore, we would like to update our short-term price target for BTCUSD to 42 500 USD. Additionally, we would like to set a medium-term price target to 40 000 USD.
Technical analysis - daily time frame
RSI is very bearish. The same applies to MACD and Stochastic. DM+ and DM- performed bearish crossover just recently, suggesting the beginning of the bearish trend. ADX contains a relatively low value which means the trend is still in its early stage. Overall, the daily time frame is bearish and forecasts more downside for BTCUSD.
Illustration 1.01
RSI shows a steep decline on the daily time frame. We will watch whether it will manage to continue lower and potentially break below 30 points. If there is such an occurrence, we expect it to be accompanied by a catastrophic selloff in BTC.
Technical analysis - weekly time frame
RSI continues to develop the long-term bearish structure. MACD failed to cross above 0 points into a bullish area. DM+ and DM- are bearish. ADX suggests the presence of a neutral (or weak trend). Overall, the weekly time frame bolsters the bearish case for BTCUSD.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.