BTCAUDHave a look for BTCAUD (Down-Side) from my point of view it came in the 2hr. zone which is powerfull to push the price downside.
ShortCompare with BTC/AUD
Short
Bitcoin always bounce within a boundary for a few monthsWhen it breaks out of the old boundary, it will form a new one. It's a bit of a guess work when the new tunnel is formed. It takes a few points to establish the new path. And perhaps a few more to solidify it.
BTC: Is it over or just correcting.In this part of the cycle 20% corrections are normal. If a 20% correction forms from the short term top of 68k AUD then 54k AUD is a likely base before returning to its upward run into the halving.
BTC AUD Price Monthly Chart Leading into the End of the YearBTCAUD Monthly Chart
VZO PZO is indicating it is overbought.
Saturday 12th August 2023
Monthly Chart
Take note crypto pirate heads, we are on a green TD8. USD Chart -
The candle is green so far just above the short MA.
So we could be up for 1 more month of upside, if any? Then a 1 to 4 correcti
BTCAUD Going LongAs analysis on basis of HH, HL, and candle stick pattern the BTCAUD is going long in this position
Long
BTC priced in AUDBTC will always surprise in each direction.
with a lack of earnings and producing anything tangible the price volatility is massive, with a interesting macro backdrop things could really surprise to the downside, but on the other hand if CB's step in with support the old mantra of "don't fight the f
Long
Biggest bull flag in historyThis won't end well for compulsive bears... New ath any moment, but for now be careful of the bull trap anove 39700 USD and keep some funds available if we touch down near 33333 USD, Grayscale is buying at the monthly trendline so anyone one who is dreaming about btc under 33k will be shorting str
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.