Crypto Chimera Technical Analysis

2022-02-24 13:19:57 You should watch this. Unfortunately the allegations are technically incorrect. Safemoon didn't tamper the liquidity pool, they had tokens of their own in the initial distribution and they kept selling those tokens every day with transactions that were millions of dollars each. And Safemoon v2 is no exception. They just keep "slow rug pulling" people.

Again, the allegations are technically incorrect and I would not be surprised if they drop the case. However, this was and is still a scam. I am not going to tell you what to do with your money but at least watch this video if you are into safemoon.

This youtuber might be able to get the word out there, something I failed completely as no one listened.



Open / Comment

2022-02-23 19:10:16 THE FACT that not everything is 100% bearish like it used to be is encouraging, but we cannot ignore that we are still dancing with bears Open / Comment

2022-02-23 19:09:44 here is another macro bear sign. The line break that we needed to maintain above $41875 has been lost. Open / Comment

2022-02-23 19:09:00 two possible scenarios for the upcoming hours in #BTC, as seen in the 4h timeframe.

I sincerely believe in option 1 more than option 2, although I did say we might be revisiting 32900 Open / Comment

2022-02-23 18:33:46 Want to have some bullish bias? Check this out.

The last weekly bottom we had in May 2021 which laster 2 months built an EVE bottom and then shooted up.

We are seeing a similar formation right now. If this were to occur, we might see BTC back at $32922 and if the price resists we could see a similar shoot up as well.

Again, lot of bullish bias in this one. It's the incredible ability of human beings of seeing patterns where they, really, do not exist, and everything is our imagination. Open / Comment

2022-02-23 14:08:33 On the weekly timeframe we could be creating a double bottom, as properly indicated by the williams fix indicator. Its too early to know, and also difficult to decide on the direction of this trend.

Overall, we are also trading in the lower part of the keltner channel and we got rejected exactly at the EMA20 weekly line which is also interesting.

We need a week closure above $45000 now before we talk about bull action. Open / Comment

2022-02-23 14:06:59 In the daily timeframe we have several bearish signs. HMA104D has lost a bit of momentum and we traded below it for two days. We had very small trend reversal signals yesterday at $36500 but Williams Alligator is still very bearish.

Right now we are trading in the lower part of the keltner channel and that is still bearish news. Open / Comment

2022-02-23 14:04:31 This is what we are seeing right now in #BTC. An M or double top pattern. We knew this already.

But now the question remains what happens next? Open / Comment

2022-02-22 15:25:53 #BTC

However, on the daily timeframe things are looking very grim. We see the Williams Alligator to have crossed down which means potentially a new bear run is in. We have just made a small bounce on the $36500 resistance line but that is not enough to sustain.

Additionally, we have failed to break through the EMA200 which is the white line here, which still indicates we are on bear territory.

Good thing is that the ChandeMO indicator is also telling us BTC is oversold for the last 4 to 5 days. However, that cross over there in the Williams Alligator is not to be ignored.

The fundamentals about the war will continue affecting this market. So far, it was not affected it in such a big deal. I mean, we only dropped from 44k to 36k. We have had worse in the past haven't we. Open / Comment

2022-02-22 15:23:03 #BTC

On the weekly chart we can actually see some light for BTC. We seem to have reached a potential bottom this week at $36300 by how the CM Williams Fix indicator has started flashing green, which was also successful in identifying last time's bottom as well.

Additionally, an indicator that is showing us a potential bottom in the weekly timeframe is the Chande momentum oscillator as well, telling us that BTC is still oversold.

This could be great in the long run, as the more we stay on lower levels, the more explosive the growth can be. Open / Comment