by manuelmoinard | Sep 1, 2022 | chart Analysis, Update
Wednesday 31st August 2022. Last week : This past week saw investors de-risk as BTC hit 20,500s levels and tested the 21,000 support before consolidating higher towards 21,700 levels and falling back to 20,000 levels by end of week. Price action was characterized by...
by manuelmoinard | Aug 23, 2022 | chart Analysis, Update
As predicted last week…. The overbought nature of the equity market confirmed by our indicators represented a strong crypto signal for a fall if the stock market starts to tumble. In the past week, Bitcoin hit $20,760s from $25,200 and is now back up to $21,345,...
by manuelmoinard | Aug 17, 2022 | chart Analysis, Update
In the last 24h, we hit $25,200 levels. We still think we might break $25,500 in the short term (70% probability, in our opinion). The level of $28,000 is now a touch below 50% odds considering the extremely overbought in the equity market, so a clear risk for crypto...
by manuelmoinard | Aug 9, 2022 | chart Analysis, Update
Hello from CFT (our new video is out!), BTC, Last week we talked about being 70% in cash, looking for some backing and filling. We’re still of that opinion; we’re $23,000 where we were last week. We’re looking for a little bit lower to add back to...
by manuelmoinard | Jul 31, 2022 | chart Analysis, Update
Good afternoon from CFT. BTC, Last week we were trading up here $23,000 or so; we were looking for a pullback, down to around $21,700 for a buy; we did get that. We then ultimately turned higher, and went to new highs for this move. We did take profits on some Alts...