cryptoonchain

cryptoonchain

Hi Here I try to take a look at the historical highs of gold prices and their relationship to the US economy in those years. What is certain is that the rise in gold prices is directly related to economic crises and global crises. In fact, it seems that when the world is in an economic crisis, investors are directing their capital to safe-havens, and gold is one...

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there are some points in BTC monthly price action 1- strong rejection area on the 64500 $: the price action shows there is strong rejection on this price. If the price returns to this area, the sellers strongly defended their positions. 2-The volume in this area also has a b-shaped profile that confirms the price action. 3- the price is near the volume cluster...

cryptoonchain

Hi dear friends Let's check the historical price action of Bitcoin after its peaks. In the image below, you can see the price action of Bitcoin in the weekly time frame after its ascending peak in 2013. As you can see, after the peak, Bitcoin has entered a downward channel with a relatively low slope that has lasted for 79 weeks. The next one is the Bitcoin...

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Hi BTC breakup daily channel. In the coming days, it will be clear whether this breakup was original or fake

cryptoonchain

Hi As you know, over the past few days, the price broke the range area and moved up. As breaking up the range, the first thing that comes to mind is that the price rupture accumulation range and the price will go up. But I think some signs show we should be cautious in this case. In my opinion, this breakup can be intentional, and it is not original. I explain...

cryptoonchain

I believe there are three different scenarios about bitcoin. Scenario 1: Cluster of support: bitcoin is in a cluster of supports area now. In the first scenario, Bitcoin should return from the support cluster area and continue to move upwards. In this case, the current downward movement of bitcoin should be considered a pullback to the broken resistance. Of...

cryptoonchain

It seems Bitcoin does not have enough buyers at this price now.

cryptoonchain

If we confirm that Bitcoin has a wedge pattern In this case, Bitcoin Peak in this ascending cycle has passed, and the chances of a new peak will be low. What is your idea about the bitcoin wedge pattern?

cryptoonchain

hi dear traders BTC breakup MA 200 resistance. But the issue is low volume. Unlike in the past breaks, bitcoin did not create significant volume when it breakup MA 200 The question is, can the 2019 scenario be repeated?

cryptoonchain

Hi there is divergence in the daily timeframe between price and RSI/CCI/MOMENTUM

cryptoonchain

Hi In the 4-h timeframe, there is a divergence between price and RSI, CCI, and CMMACD oscillators.

cryptoonchain

Bitcoin is at a critical point. The point that could determine the future of bitcoin in the next few weeks or months. at this point, bitcoin visits 3 important resistance, MA 200, Ichimuko resistance, and channel resistance (a cluster of resistances) If Bitcoin can break up these resistances, we should expect an uptrend in the coming days and weeks.

cryptoonchain

The main question is whether Bitcoin is within the accumulation or redistribution range? I think we are in redistribution. If we assume that we were dealing with the structure of accumulation, we should be in the phase D or E , but I think there are some mistakes with the accumulation structure, which I showed in the chart. On the other hand, BTC crossed the...

cryptoonchain

Orchid is within a Trading range the main question is what kind of trading range we are facing? this can be accumulation or redistribution.

cryptoonchain Updated 

Hi Ethereum appears to have developed a bearish Gartley pattern. On the other hand, we have the bearish cross of MA 50 and MA 200

cryptoonchain

Hi dear traders As we can see, ETH has a long-term curve logarithmic channel. We can interpret Atrium's behavior based on this price channel. On the other hand, CCI/RSI/DSS/Stoch RSI in monthly timeframe is in the overbought zone. I Believe in the bearish market in the long term chart

cryptoonchain

Hi dear traders Ethereum may move down to the trend line indicated in the chart in the long term.

cryptoonchain

Hi dear traders Bitcoin is in a critical area. As you can see, there are many resistances in the $ 40 ,000 to $ 45,000 area: the resistance of different trendlines , Ichimko resistance, and the resistance of MA 200. What is very important is the price action in this area. If the price can cross the resistance area with high volume , I will expect a new bull market...