Symbols. Why we won't be drawing straight lines and zigzags with arrows here.
📝Introduction In this article, I want to introduce the future subscriber to the tools I use for analysis. We will not be drawing straight lines, diagonals, various arrows, and zigzags here. Why? Because all this 'drafting geometry' is a consequence, not a cause. Accordingly, it carries significantly less informational load. We will work with the 'cause.'
$ETH as well as the entire market is in correction. Most likely against the backdrop of news about the earthquake. Overall, nothing terrible has happened at all. The situation is similar across all assets, let's consider it using $ETH as an example. When approaching the upper boundary of the March balance, we observed a surge of volume anomalies that were positioned for sale. Now the logical outcome of these efforts has occurred. The price has reached the POC level of March, and at this level, there was a surge of volume anomalies. Most likely, this is buying; we will see further, but for now, we do not react to the "flash crash" from various known inflows) #Market_Update
On Friday, it was possible to test the March POC from above, during the bounce in the test, the POC line shifted from 83000 to 84000. The price is currently held above the adjusted POC. If it manages to establish itself above, it will indicate very strong buyer interest from below. The mark at 84800 is currently an obstacle. Subscribe, cryptoideatg, to follow the market together.
$BTC yesterday the movement continued from the upper boundary, we received volume anomalies that tried to push the price down, but at the moment these efforts have not even led to the level of March's POC, which is why it is still possible to expect an approach to the VAH level and a breakout above it in the near future. The most relevant information here is cryptoideatg #BTC
$BNB on the clock when approaching the upper boundary of the March balance demonstrates a large number of major volume anomalies. This may indicate the accumulation of "forces" for breaking through the VAH and moving upward. Subscribe to notice such details 📧cryptoideatg #bnb
$NOT on the daily chart looks amazing. I expect an exit from the March balance upwards with subsequent growth. There is currently a huge accumulation happening. Let's watch the market together cryptoideatg #NOT
💡$BTC practically reached the March VAH. Along the way, we received activity from a limit buyer, after which the price continued to rise, but it did not immediately reach the upper boundary. Since there are no significant restraining anomalies on the lower timeframes, I expect the movement to continue in an upward direction. Subscribe to follow the market together! #BTC
$HMSTR yesterday demonstrated the classic pump&dump scheme. The chart shows with arrows the places where the initiator was buying and where they started taking profits. The price remains within the March balance. As a result of the pump, there was a false breakout above the upper boundary, and now we are hovering around the lower boundary. It is possible that this way they cleared the path for a true breakout, although at this moment the probability of a false breakout downwards beyond the lower boundary of the March balance is quite high. We will continue to observe. Subscribe to not miss market updates! #HMSTR
💡$BTC continues its movement within the balance formed on Friday. Locally, I don't really like that we can't overcome the volume anomalies from Friday that formed in the upper range. There is clearly a seller sitting there who is not allowing the price to move. Despite this, locally, trading is going well from boundary to boundary) We continue to observe, subscribe to stay updated! #BTC
$BTC continues its movement in the March balance towards the upper boundary. On Friday, activity was noticed from a limit seller, who on Sunday managed to make a slight dip thanks to weekend liquidity) It was quite amusing to read on this dip from quite reputable and popular channels. They immediately started waiting for $70,000) In fact, $BTC is currently trading above the March POC level, and Sunday merely tested the volumes from March 12 from above. Subscribe to avoid panic and assess the market soberly! #BTC
$BTC During the March balance, we experienced a decrease in the VAL level, with the limit seller (red triangle) acting as the sponsor, who was just at the previous March VAL level. However, this seller was unable to achieve any significant results. The maximum volumes are located at the lower part; we need to avoid going below them. For now, I still consider the road open to the upper boundary of the March balance (VAH). I am currently observing the approach to the POC level. #BTC
$BTC the road is open towards 90000$. The movement is forming within the rotation of the March balance. Yesterday, upon returning to the balance and securing above the VAL level, we encountered volume anomalies. In the near future, I expect an approach to the POC level (86000$). Subscribe to understand the mechanics of the movement! #MarketRebound #BTC
$ETH found a serious stop. On H1 we see the emergence of a large number of major anomalies. We need to wait to see where these volumes will be positioned. But even in the worst case, it's already good that the seller is making great efforts for a downward movement. Subscribe to follow along together! #ETH #MarketRebound
If you are overwhelmed by panic due to the price behavior $BTC , then be sure to read my article #MarketPullback
cryptoidea
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Assessment of the Global Picture for $BTC
In this article, we will try to assess the current movement of the first cryptocurrency. For this, we will look at the H4 timeframe. BTCUSDT Binance Futures This screenshot covers the period from November 2024. Just in November, there was an explosive growth that formed a fairly large zone of imbalance. If we consider what happens next relative to the November trading balance, we can say the following:
In this article, we will try to assess the current movement of the first cryptocurrency. For this, we will look at the H4 timeframe. BTCUSDT Binance Futures This screenshot covers the period from November 2024. Just in November, there was an explosive growth that formed a fairly large zone of imbalance. If we consider what happens next relative to the November trading balance, we can say the following:
💡Once again regarding $NOT . Currently, there are huge volumetric anomalies occurring at the bottom, they belong to the buyer. Comparable volumes were on the coin's listing. Let's turn off the panic and hold on tightly to our coins) #notcoin #NOT
$HOT on the weekly timeframe has very cautiously approached the "local" minimum zone from the beginning of August 2024. It seems that we are dealing with a large-scale W. Please pay attention to the huge number of volume anomalies in September-October 2023 - below them we are unlikely to see the price #Holo
💡There is a lot of noise around the fact that $NOT updated its all-time low. But this only happened in the futures market and the movement occurred on Sunday when liquidity is minimal. Altcoins are better analyzed based on the spot market. The screenshot shows that we did not update the low from February 3rd. And the downward movement is accompanied by huge spikes in volume, indicating increased interest in this area. I still have a very optimistic view on the price prospects of $NOT #NOT #notcoin