TRB LANDED MOON - JOURNEY TO THE MERCH 🚀🚀🚀

4 Hours No Talk!
Breakout Done. TRB is different coins right now 😴
I am IN. - Your Call?

BINANCE:TRBUSDT.P

The Bitcoin (BTC) bull move could soon run wild, bringing a steep multi-week uptrend in the leading cryptocurrency.

"That's the message from bitcoin's 14-week relative strength index (RSI), a momentum indicator used to measure the speed and change of price movements.
The indicator has crossed above 70, a threshold that marked the FOMO (fear of missing out) phases of the mid-2019 and late 2020 bull runs. These FOMO phases are characterized by both retail and savvy traders pouring money into an already-trending asset in fear of missing out on a significant opportunity.

Developed by J. Welles Wilder, the RSI measures the speed and change of price movements and oscillates between zero and 100. The default period for calculating RSI is 14 days, but traders use 14-week and 14-month RSIs to gauge long-term momentum.
A reading above 70 is often erroneously taken to represent overbought conditions and a sign of an impending bearish reversal. However, per technical analysis textbooks, an above-70 RSI, especially on longer duration charts, suggests bullish momentum is strong and the asset could continue to rally in the weeks ahead, similar to what happened in 2019 and 2020.

To paraphrase a Wall Street saying, indicators can stay overbought longer than bears can stay solvent.

Bitcoin Bull-Market Here? These Indicators Say YES! 🚀

In this analysis I want to take a look at three lesser known long-term indicators. Since we're looking over a long period, I found the monthly chart to offer the most clarity.

Keep in mind that these indicators signal long-term (>2 years) changes in trend. We can still experience short-term dumps, whilst the long-term trend is bullish.

Indicator 1: Chaikin Oscillator
Chaikin Oscillator is a technical analysis tool used to measure the accumulation and distribution of moving average convergence-divergence (MACD).

Every time that this line crosses 0 from below, bullish price action follows. Note that this indicator needed two crosses in 2012 and 2020 before the "real" bull-run began. Since this indicator crossed the zero back in March this year and retested the 0 last month, I'm more confident that we might only need 1 cross this time.

Indicator 2: Stochastic Momentum Index - SMI
The Stochastic Oscillator and the Stochastic Momentum Index (SMI) are both tools used to indicate momentum and are often used by financial traders to understand psychological undercurrents and their relation to price movements.

Note that every time the SMI crosses the 40 line from below (and becomes green), Bitcoin starts a bull-market and huge moves follow.

Indicator 3: True Strength Index - TSI
The true strength index is a momentum oscillator used to provide trade signals based on overbought/oversold levels, crossovers, and divergence.

The blue (fast) line has crossed the red (slow) line for the third time in Bitcoin's history. A bull-market followed every time before.

On the other hand, there's a looming recession in the USA. Recessions are always bad for stocks, and therefore likely bad for crypto as well. There's a probability that crypto will be harmed less by the recession since stock-crypto correlation is currently very low, but that could easily change in the future.

All in all, there are risks, but I'm fairly certain we're now at the start of a new long-term bullish trend.

Share your views in the comments 🙏

TRY NOT TO TAKE ANY “LONG TRADE”

DUMP IS COMING - HIGH RISK

#HighRiskHighReward

🔥 Bitcoin Breaking Out! $40,000 Here We Come 🚀 BREAKOUT UPDATE - Bitcoin is currently in the process of breaking out of a bullish flag pattern that has been in the works ever since we hit 35k last week.If we can get a 4H candle close above 35,250 I'm considering it a successful break out, with a likely continuation of the bull trend.40k is my target for now, as per my initial bullish break out analysis several days ago.Keep in mind that we have a FED meeting tonight. The market expects the rates to remain the same, so unless the FED will surprise the market it should be business as usual?Nevertheless, things are looking better for the bulls! 🔥🫵 BIG REJECTION FROM THE RESISTANCE. SIGNAL IS STILL ACTIVE. 💪🏻 POWER OF BTC

🧤 SCALP TRADE #1 ON BINANCE SQUARE 🧤 - FIRST TIME EVER!!!! GREED SCORE 72- RELAX IT'S A WINNING TRADE.

🔥 Historical Bitcoin Bull-Markets Predict PUMP 🚀 In this analysis we're going to take a closer look at the three previous Bitcoin bull-markets, and compare them to the current one. To clarify, I calculated that a "bull-market" starts at the bear-market lows and ends at the bull-market highs.As seen on the chart, the 2011 bull-market was an outlier. There was very little volume, which resulted is massive changes in price in a relative short amount of time.The 2014 and 2018 runs look fairly similar. Both were very choppy for the first year, but ended up following a similar bullish path.The white line, which is the current market, has followed a path in between 2014 and 2018, until we got the most recent BTC break out. In some sense, this makes 2022 an outlier.Like I mentioned in my previous comparison analysis, Bitcoin and crypto are going to be fine. We're well on track towards the halving and the following bull-market.Which market path do you think we will follow? Straight up like 2011, or a more gradual approach like last year? Share your thoughts 🙏

DREP/USDT - Drep [new]: BBand_Breakout 💸◳◱ A Bollinger Band breakout has been identified on the  
USDT chart, as the price has breached the upper Bollinger Band. This occurrence suggests the emergence of a potential bullish trend. Noteworthy resistance levels can be observed at 0.2941 | 0.3381 | 0.4116, while significant support zones are located at 0.2206 | 0.1911 | 0.1176. It is advisable to contemplate initiating a buy position within the present price range of 0.2641 with the objective of attaining higher price levels.◰◲ General info:▣ Name: Drep▣ Rank: N/A▣ Exchanges: Binance, Gateio, Hitbtc▣ Category/Sector: N/A▣ Overview: Drep project overview is currently unavailable. I'll try to update this in the upcoming analysis.◰◲ Technical Metrics:▣ Mrkt Price: 0.2641 ₮▣ 24HVol: 855,746.575 ₮▣ 24H Chng: 2.723%▣ 7-Days Chng: N/A▣ 1-Month Chng: N/A▣ 3-Months Chng: N/A◲◰ Pivot Points - Levels:◥ Resistance: 0.2941 | 0.3381 | 0.4116◢ Support: 0.2206 | 0.1911 | 0.1176◱◳ Indicators recommendation:▣ Oscillators: NEUTRAL▣ Moving Averages: STRONG_BUY◰◲ Technical Indicators Summary: BUY◲◰ Sharpe Ratios:▣ Last 30D: N/A▣ Last 90D: N/A▣ Last 1-Y: N/A▣ Last 3-Y: N/A◲◰ Volatility:▣ Last 30D: N/A▣ Last 90D: N/A▣ Last 1-Y: N/A▣ Last 3-Y: N/A◳◰ Market Sentiment Index:▣ News sentiment score is N/A▣ Twitter sentiment score is 0.50 - Bullish▣ Reddit sentiment score is 0.59 - BullishThanks!- Maxie Guys Let Me Know Your Opinion Too. That will help me to give Better ideas.

Solana's Chart Predicts $150, What About The News? 🚨This consolidation pattern that Solana just broke out of has been in the making since December 2022... Almost an entire year.Solana's potential towards 150 is now so easy and so close it is getting scary...➖ How will people react?➖ What will they write about in the news when this explosion finally shows up?➖ What major bullish development will accompany this rise?➖ What's the "reason" for Solana going up this strong?It will be greatly interesting that's for sure...Whatever comes up, just remember that we had endless confirmation, proof, coming from the charts, ahead of time.Before it all happens...Before it all happened...

🔥 Ethereum On Key Resistance: Bears Are Watching 🚨
I noted that the break out occurred, and could potentially lead to more selling. However, now that I switched to a bullish view of the market (because of the BTC break out), I think it's likely that ETH will go up as well.However, bears are closely watching this resistance (previous support). If the ETH bears want to push through, now is the time. Once we're above this resistance, we're likely back in full bullish territory.Bitcoin needs to push through in order for to go up as well. Watch this resistance closely, since I'm expecting a break out rather soon.

Game Over Baby! - TRB Will Follow Gravity.Just opend short position 📌 DYOR / NFAUse -1% 💰 3X below 📍Invalid 📌 $118 #SLI already opene short position - 🎯 :: $70 ( I close )

BTC potentially revisiting recent highs ($30-31k) if support at $26k holds. Macro context may lead to gains if it stays $26k+. Consider trend direction & price levels when trading.

#BTC #etf #binancefutures

$BTC ✅