2022

  Bitcoin (BTCUSD) on the 1W time-frame is flashing some bottom signals we can’t ignore. The core of this post is the Bollinger Bands Width (BBW) indicator which rebounded on a level (blue line) that has historically preceded major rallies and market bottoms (circles). The period that bears more resemblance with today is the BBW

  The Synthetix Network token (SNXUSD) is having a very bullish day following the rebound on the June Support Zone. Being still restrained below two Lower High Resistances, April 01 2022 and May 18 2021, this is a short-term rebound that targets the 1D MA200 (orange trend-line). However, having rebounded on the 1W RSI Support

  Stacks (STCUSD) has had a +50% rebound on today’s peak but we see the effect retracing as it almost hit the 1D MA100 (green trend-line). As long as it fails to close a candle above it, expect a Lower Low within the Channel Down pattern that it has been trading in since May 31.

  This is Bitcoin (BTCUSD) on the 1W time-frame, on the left displaying the 2021 – 2022 price action while on the right the 2014 – 2015. For the record we need to make clear that FTX crashed and filed for bankruptcy while Bitfinex on August 17 2015 experienced a flash crash. At the time,

  XRPUSD eventually followed the trading plan we posted on September 16 as it broke above its (former) Triangle, hit the 1D MA200 (orange trend-line target and almost touched the 0.618 Fibonacci retracement level: The rise however was contained just within the May 2021 Lower Highs trend-line, which is the Bear Cycle’s Resistance. Even though

  *** *** For this particular analysis on the Mask Network we are using the MASKUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where MASK just formed a Golden Cross on the 1D time-frame, which is a bullish pattern when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is

  Solana (SOLUSD) has recovered a considerable amount of yesterday’s losses. Rebounding after the 1D RSI broke below the 30.000 oversold barrier, this alone isn’t enough to sustain a rally. During the previous 2 times the RSI rebounded above the 30.000 oversold level failed to sustain the uptrend as the price got rejected on the