With the Iran-Israel tension, the balances in the markets have been completely disrupted, so we are seeing movements up and down focused more on news flow rather than on data and variables.
Since this situation can be misleading, I have taken a short break from sharing instant data.
Once balance and consistency are established in the market, we will continue with the analyses, friends.
Right now, it is more appropriate to wait and observe. Trading based on news flow is more logical.
An incredible sense of hopelessness and negativity dominates everyone. Friends, no one is holding anyone here against their will, unfortunately, no one is forcing anyone to invest.
Every investor is currently at a loss. One of the rules of the game is this. So let's take away those who spread negativity and pessimism from the track please:)
Go out, enjoy your life, brother, what are you doing in crypto? Today, when you look at the world's richest people, they also face periodic issues and crises in their trades.
Difficulty is a situation present in every phase of life. Either accept it and learn from it, or say goodbye to the island.
Not a day goes by without strange things happening in the world. Every day brings uncertainty, every day brings new chaos. Unfortunately, we are going through a period where we are confused about what to follow.
In the current situation, the charts that are recovering and trying to strengthen have started to go upside down again with new chaos.
In the current view;
When we look at #bitcoin, yesterday's painful data has turned into a stronger and downward pressured situation. In the table on the chart, we can see that there is a clear selling pressure from the lower time frames within many variable frameworks. Currently, new upward transactions are very risky at the moment.
#ethereum has been accumulating horizontally in a zigzag pattern for a long time. Although there isn't a clear and frightening picture on the chart, when we look at the overall time frames, we can clearly see serious selling pressure and the negative situation in the data. The environment for new purchases is not yet suitable.
On the #dominance side, after a nice and stable decline, a stubborn upward movement is clearly visible. The positive trend across the time frames clearly shows the chaos in altcoins. Dominance has clearly regained its positive and strong trend across all time frames.
Parity: #ethereum Timeframe: 4h Trend: Bullish ⬆️ Momentum: Bearish ⬇️ Volatility: Positive ✅ Volume: Negative / High Selling ❌ Candle Strength Score: 5.3 "Normal" Range: Above accumulation area, below bullish and gradual profit-taking area / Normal trend. Direction forecast: %57 ⬆️
Supports: 2656$ : Strong support 2578$ : Upper band of accumulation 2500$ : Equilibrium level 2421$ : Lower band of accumulation 2343$ : Strong support / Potential buying level 2187$ : Very strong support / Fragmented buying opportunity level 2109$ : Oversold level 1 / Potential buying opportunity 2031$ : Oversold level 2 / Potential buying opportunity
Resistances: 2812$ : Very strong resistance / Level to be surpassed for continuation of bullish structure. 2890$ : Overbought level 1 / Fragmented profit-taking level. As long as it is maintained, bullish movement continues. 2968$ : Overbought level 2 / Fragmented profit-taking level. As long as it is maintained, bullish movement continues. 3046$ : Critical strong resistance / Possible bearish movement level 3125$ : Strong resistance 3437$ : Weak resistance / If broken, likely to move to the next level. 3750$ : Long-term strong major resistance.
Pair: #bitcoin Time frame: 4h Trend: Downtrend ⬇️ Momentum: Bearish ⬇️ Volatility: Negative ❌ Volume: Heavy Selling ❌ Candle Strength Score: 4.4 "Weak" Range: Within accumulation area Direction prediction: %52 ⬆️
Supports 106.250$ : Balance level 104.687$ : Accumulation lower band 103.125$ : Strong support 100.000$ : Very strong support / Buying level 98.437$ : Oversold area 1 / Buying opportunity level 96.875$ : Oversold area 2 / Buying opportunity level
Resistances: 107.812$ : Accumulation upper band 109.375$ : Strong resistance 112.500$ : Very strong resistance / The strongest area that must be broken for the bullish structure to continue. 114.062$ : Overbought area 1 / This level is important both for the continuation of the bullish movement and for risk reduction take profit level 115.625$ : Overbought area 2 / This level is important both for the continuation of the bullish movement and for risk reduction take profit level
Friends, since the Bitcoin and Ethereum outlook I share daily is in the 4h time frame, short and medium-term fluctuations may occur. That is, there may be movements in the opposite direction after I share the current situation. This is normal; it is healthiest to update every 4 hours to have control over all changes. However, these shares are made to help you make easier decisions by seeing the current situation throughout the day.
Many people, especially those who have been following me for a long time, are aware of most of these and the many possibilities that can occur, but I wanted to remind especially the newcomers about this. The reason I share in 4h is that in a previous survey you requested the most medium-term, meaning 4h analysis.
Friends, I will share the current market outlook shortly 👍🏼
Today I was at the @BitHeroKripto office. It was a pleasant day for me. I would like to thank Fatih Bey, the CEO of the exchange, @fotluoglu, Neşe Hanım, and Özgür Bey for their very sincere hospitality.
I can say that it is a wonderful team, coming with very solid and innovative steps.
We shot a video with Fatih Bey in which we touched upon very nice topics.
▫️We evaluated the market and expectations. ▫️I evaluated some altcoins that I see potential in. ▫️I asked how a stock exchange CEO invests, what he uses, and what he pays attention to :) ▫️I asked about regulation for the Turkish market and compliance in this process. ▫️I talked about some funny mistakes and losses I've experienced in the market so far :) We talked about the importance of investment psychology. ▫️We talked about what "Hero" is and what it will mean in the industry.
It was a full and enjoyable conversation. I will share the video with you again when it is released friends 🫶
Note: This post is not sponsored content! But I have to add the note of free advertising since the brand name is mentioned:)
Pair: #ethereum Timeframe: 4h Trend: Bullish ⬆️ Momentum: Bullish ⬆️ Volatility: Positive / High ✅ Volume: Positive / High ✅ Candle Strength Score: 7.4 "Very Strong" Range: Bullish Zone ✅ Direction Prediction: %82 ⬆️
Supports: 2812$ : Very strong support / Level that must be maintained for the continuation of the bullish structure. 2656$ : Strong support 2578$ : Upper band of accumulation 2500$ : Equilibrium level 2421$ : Lower band of accumulation 2343$ : Strong support / Potential buying level 2187$ : Very strong support / Fragmented buying opportunity level 2109$ : Oversold level 1 / Potential buying opportunity 2031$ : Oversold level 2 / Potential buying opportunity
Resistances: 2890$ : Overbought level 1 / Fragmented take profit level. As long as it is maintained, the bullish movement continues. 2968$ : Overbought level 2 / Fragmented take profit level. As long as it is maintained, the bullish movement continues. 3046$ : Critical strong resistance / Possible bearish movement level 3125$ : Strong resistance 3437$ : Weak resistance / If broken, it is likely to go to the next level. 3750$ : Strong major resistance for the long term.
In the chart below, we can see the status of 10 different indicators in real-time and on the chart. The current situation is quite positive and strong. When we look at the status in 18 different timeframes, the positive trend is consistently positive from the lowest timeframe to the highest timeframe.
Supports: 107.812$ : Upper band of accumulation / Level at which bullish structure will be maintained. 106.250$ : Accumulation balance level 104.687$ : Lower band of accumulation 103.125$ : Strong major support 101.562$ : Weak support / Expect a reversal 100.000$ : Very strong support / Gradual buying level 98.437$ : Oversold level 1 / Gradual buying opportunity 96.875$ : Oversold level 2 / Gradual buying opportunity
Resistances: 109.375$ : Strong resistance / If a breakout occurs, upward movement continues. 110.937$ : Weak resistance / High likelihood of continuation of the upward movement. Stop level for short positions. 112.500$ : Strong Major resistance 114.062$ : Overbought level 1 / Gradual take profit point / If price holds, bullish movement continues. 115.625$ : Overbought level 2 / Take profit point / If price holds, bullish movement continues.
This is the current MR image of the Bitcoin pair, friends :) In the graph below, you can see a visual analysis of the buy-sell status of 10 different indicators measuring various variables that I use with great fondness.
At the very bottom, you can see the current status of these indicators across all time frames. Everything you need is on a single screen.
Supports: 107.812$ : Upper band of accumulation / Level where the bullish structure will be maintained 106.250$ : Accumulation equilibrium level 104.687: Lower band of accumulation 103.125$ : Strong major support 101.562$ : Weak support / Expect a reversal 100.000$ : Very strong support / Buying level 98.437$ : Oversold level 1 / Buying opportunity 96.875$ : Oversold level 2 / Buying opportunity
Resistances: 109.375$ : Strong resistance / If a breakout occurs, upward movement continues. 110.937$ : Weak resistance / High likelihood of continuation of the uptrend. Stop level for short positions. 112.500$ : Strong Major resistance 114.062$ : Overbought level 1 / Take profit point / If the price remains stable, bullish movement continues. 115.625$ : Overbought level 2 / Take profit point / If the price remains stable, bullish movement continues.
Günaydın dostlar☀️ #ethereum pozitif seyir devam ediyor. Bu hafta 2800$ üstüne atarsak çifte bayram yaşarız. Hareket yönünü oransal olarak tahminleyen, "Professor Up-Down Prediction V2" show yapmaya devam ediyor🔥
Zaman dilimlerinin genelide pozitif. Yani bir çok değişkende şu an için sorun yok. Güçlenerek devam etmesi lazım.
When we look at #ethereum, the long-term outlook is positive and the best part is that this rise is also supported by lower time frames.
As the scores strengthen, the upward pressure will increase even more. There shouldn't be a strong and stable deterioration. :)
This indicator works completely differently from an indicator that measures candle strength scores.
It is not the latest version but a near-final version. It is a complex script that collects all the indicators I like and shows how many of them are in buying and selling conditions for each candle. The logic is the same as the Finderex working logic.
In the lower table, I can clearly see its status in all other time frames.