Exploring The Bitcoin Sideways Trend And ALT Coins Pumping | CoinMarketBag

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Bitcoin – BTC Exploring the Bitcoin Sideways Trend and ALT Coins Pumping Foreign welcome home Bitcoin truth Seekers it is Thursday January 19th 2023 it’s 11 21 a.m here in the Arizona desert and it’s a sideways I think somebody else are getting ready to really run even though they’ve been kind of hit with…

imageBitcoin – BTC Exploring the Bitcoin Sideways Trend and ALT Coins Pumping Foreign welcome home Bitcoin truth Seekers it is Thursday January 19th 2023 it’s 11 21 a.m here in the Arizona desert and it’s a sideways I think somebody else are getting ready to really run even though they’ve been kind of hit with some volatility many other ones are on the upside down the Downside of their channels so let’s take a look at the author looking good the market and Bitcoin let’s rock this really quick it’s a cool Thursday so let’s check out what’s going on I have a hopeful Vibe all right bitcoinmeb.com got more for you there as Always check it out all right looking at the big indexes today most of them opened towards the down but they’re beginning to rebound a little bit we’ll see how that plays out sorry about that if you guys couldn’t hear me that first little bit welcome home Bitcoin true Seekers add my microphone in the wrong spot anyway um Thursday January 19th 11 22 a.m here in the Arizona desert it’s uh the year 2023 still happy New Year all right so over on uh well let me start over bitcoinmeview.com got more for you there um binbiz looking at the dial NASDAQ and S P 500 they both open kind of on the downside well all three open on the downside slightly but are beginning to rebound let’s see how they end up closing today is still a little bit Young all right Google definitely in the green Tesla and the red Amazon The Red Apple And the red Microsoft and the red Communication Service is kind of a green group there Healthcare kind of a green square healthcare plans and energy y’all looking pretty good today but um you know some of my conductor is not so great technology not so great communication service is doing okay with Google and meta consumer cyclical uh in the red anyway a mix of the a mix here in the S P 500 and in general as of this moment let’s refresh this it is still in slightly the the red so 0.55 down since it opened uh NASDAQ um About 0.81 down and now Dow 0.46 down let’s see what can happen some of these uh uh segments or sectors as they call it I guess in the S P 500 are starting to Rally let’s see if we can get a green day before it closes looking at Dollar Strength index in the red today and Below all important moving averages so well the 250 and the 314 moving average so um s p I’m sorry a dollar strength index definitely not looking so hot yesterday was kind of a quite the Darth Maul doji there anyway that’s kind of a good thing For the market um but it’s a mixed bag it’s been dumping for a while where has it gone bounced quite interesting to to conjecture on that one you know you could kind of another charge drastically uh small sorry about that but what if just for fun here in the dxy we went I’m Going to go here and uh did a little uh FIB sequence you know right there with the dot five FIB level and right below the 314 moving average that’s definitely a place that it could balance and when it bounces if it bounces hard it’s going to wreck the market everything’s going To zero all right uh uh oil oil spot today U.S oil Spa definitely a green day today trying to make a balance off that 50 moving average S P 500 as you can see dumping today below the 50 moving average that’s not so great hopefully we Can close above it all right Bitcoin in the green today uh just slightly and moving up uh gold today finally in the green that’s nice to see and silver today finally pushing again so nice to see above all the moving average above all the important moving averages gold And silver they both are above and they’re both a green candle today let’s see how things roll nice to see those turn around that probably has a lot to do with the dollar strength index uh having uh two red days in a row the great eye of Sauron Uh the dxy looking at the market in general it was greener a little while ago now it’s a bit red looking at the market in big squares it’s kind of red xrp doing quite well today we’re going to look at that one a little closer in ftt what are you Um you’re doing pretty good anyone check out ftt before we’re out of here all right looking at Bitcoin trading volume explicitly 8.6 billion I’ll take it it’s going down as the week as the week kind of wanes but uh we’re still eight billion not bad not bad volume at all We’re looking at spot trading volume on the big exchanges all of them for the most part in the red and I’ve noticed that the uh that the volume has been trailing off today you can see the seven day graph here trailing down pretty hardcore so uh volume for spot trading Definitely trailing off as the week comes to a close um derivatives uh 33 billion not bad at all lately if you can get above 25 billion it isn’t too bad of a day but really you want to be about 50 billion for a really happening day 33 billion You know what better than we’ve been better than we’ve been having for quite a while um so I’ll take it it could be that uh you know a good day is more between like above 20 to 25 billion definitely above 33 30 billion is pretty good like I say If we get more of a bear I’m sorry of a bullish Market we want to see above 50 billion but 33 billion for today with that low volume not bad at all I’ll take it uh looking at Bitcoin uh in the top 100 uh 20 874 for Bitcoin today right Now this moment not too bad most of these uh top 100 odds are kind of in the red Frac shares in the green at 5.6 up whatever f o f f x c whatever it is I don’t know what it is but it does but you know fxc definitely in the green Today and uh who else in genome I like seeing that uh enj is in the green today 5.4 like that it’s a real project I like seeing that um synthetics Network snx holding onto the green today and I Dash just really holding on on the green today at a point Eight so maybe we’ll check out some of those if I don’t forget enj remind me I’ll check I’ll check it out let me do one more thing you guys can’t see what I’m doing here I got to message somebody all right back at it all right uh Looking at uh spot trading I’m sorry that’s about trading looking at a Longs versus shorts on finance for the volume is for Bitcoin 44 long 55 short definitely the hardcore Traders there on binance with the leverage are betting against Bitcoin right now and that’s kind of understandable uh for ethereum 47.9 percent uh it’s long 52 short so ethereum um definitely both of these have a have a pretty good uh short bias right there now looking at Bitcoin it’s a 15-minute chart um I know we’re kind of pretty pretty granular here but one of the things that We’re seeing is let me go to a 45 minute chart here if I see it very clearly yeah so on a 45 minute chart um let’s take a look at this guy here clean this up so Bitcoin in a 45 minute chart as you can see here with the Squeeze with the squeeze indicator we’re moving towards a positive trend here squeeze indicator starting to show positive directional index in a way you know is it is trending back towards a positive direction um so the direct rational index might flip green soon adx may turn around Start going back up but this is what happened to me we kind of Pumped we were kind of moving up and I got sideways now we just dumped down bounce off the tournament moving average but of course didn’t only make a very good bounce off that at all really came back down now We’re riding it along I’ve noticed over time when you see this happen anything can happen just it really depends on you know all kinds of factors we’ll see what’s going to happen right now um you could kind of say that we’re in a bit of a You know a wedge as people would call it like that you know like how much more time do we have before it has to do something uh probably not much probably some sometimes they will see a move now squeeze indicator is definitely showing a positive trend actually showing a Positive trend I kind of like that um so my guess is you know would not surprise me at all if we uh balanced up you know so let’s see what happens I cannot be sure don’t really know but right now I’m kind of feeling Sparky like we might see a bounce up today Looking at the four hour chart you know um I’ve heard this you know uh you really can’t quite make a bull pennant out of this you know we kind of Pumped now we’re going sideways not sure what you know I don’t know what else you can like make of that Um it’s not quite right in my opinion to call a bull well you know sorry I don’t know my channels I’m sorry like my shapes as well as many do but some would some would say that was like a bull Channel or whatever or a bull something Um if you have a nice long flagpole you know if you do if you have a nice long flagpole like that um and then you uh you know get going sideways like this now I’m used to seeing Penance or where it tends to Trend down uh there’s all Kinds of different shapes super shaped person but this definitely does look like a boy we called it both flag you know uh you can definitely comment let me know what you think um but my opinion this is kind of a bullish pattern especially with a slight uptrend that it Has the squeeze indicator is showing a slow down though on the four hour um that’s one thing to know in the four hour chart here see the directional index is waning you know and the uh squeeze indicator is waning so um and I use these more indicators on these Little videos but I found that it just took up a lot of screen space and they just get confusing these two are the most powerful really in my opinion for what we’re looking at so the resettable flag you know I could very well be four hours waning uh 45 minute chart Looks like it’s kind of picking up a little bit uh we’ll see how this all you know plays out let’s look at the daily chart which I think is pretty ruined you know daily chart one thing I do like and to remember is that uh you know it Was a little bit long ago before we were below the 200 moving average on The Daily now that’s a big deal in my opinion and uh look at look at that what an incredible Bart pattern bam that’s interesting anyway on the daily chart here you can see we definitely pumped about the Tournament moving average that’s nice we’re starting to go sideways good to go got green green EMAs on the super guppy indicator or the Madrid ribbons they call it um it’s just search for just search for magrude over Bitcoin daily View and you’ll find the indicator it’s on Trading view so Madrid ribbons all the EMAs have turned green on the daily that’s pretty darn powerful well the two moving average I like it squeeze indicators looking positive direction index is looking positive and if I was to fire up if I can get it to work without too much Hassle give me a macd just show me one damn you just give me back the macd macd uh uh can never find them when I just want it favorites no my scripts technical macd strategy Community strips just give me a macd just a blatant no forget it I just want a macd anyway forget it um the macd is positive um but it is positive on The Daily and the three daily and I think actually I think the weekly the macd is coming to be positive also so that’s pretty good so a lot of powerful momentum won the uh Uh daily is positive above the 200 moving average and so is the four hour that’s really a powerful thing and also looking at the 45 the the trick is here the 45 is struggling to um to get uh to sorry about that is is struggling to balance off that um 200 moving average So let’s just see if it does we’ll see if this bull flaggy kind of uh shape you know pays off this wedge really can’t go much longer so we’re gonna break out today one way or the other I think we’re going to probably dump below or dump Above but looking at the indicators here I’m kind of thinking positive especially on the short time frame 45 minute is showing a good Di and a good uh space indicator so let’s see what happens now for some alts okay uh Lancy I like Lindsay I think it’s cool Lindsay versus Usdt is looking pretty darn groovy here um because they’re showing positive direction Linux is looking good adx is kind of falling a little bit uh Lancy perfect little Bart pattern here uh 45 minute chart it got resistance on the uh 45 uh it got resistance in the tournament moving average which kind of Smacked it down so it probably will it might be done for the day just one just one that I’m keeping my eyes eye on because this guy can get some energons going and break up with that moving average come back find support and keep going uh Lund C can get pretty darn Sparky so keep an eye on this one definitely I would say in the 45 minute chart how’s the hours for La HR look yeah hourly it’s about the 314 between between the 314 and the 200.let’s see what happens it still may come down to the 314 then bounce how about in the Four hour chart how’s one C doing yeah Lindsay is about the 200 and 314 on the four hour chart kind of doing actually a 314 bounce after waking to the 200.um I like what I’m seeing there so lonely nothing this is one to get into right now and of course never Financial Advice entertainment purposes only but uh um this is an interesting chart uh this thing can get Sparky you know um all you gotta do is catch one of these runs like this boom and you’d be looking be feeling really good if you did so um keep an eye on for our chart not Looking too bad overall you can kind of see this um this uh you know upwards Trend that we’ve been on for a while on the four-hour chart now we’ve broken above the 200 again Finance support in the 314 moving up I like it squeeze indicator is not quite loving us Direction next is Looking is looking towards a a positive flip just keep an eye on this one you myself you know I’m kind of I got my 45 minute chart up here I am going to uh put an alert in for a 200 moving average cross and I’ll keep an eye on that one If you can find support there and start moving up in the indicators look good like we just got a green on the squeeze indicator definitely want to watch Lindsay versus ustt a coin that I like and it can really get pretty darn Sparky sometimes I mean you know I’d love to Like could you imagine like catching something like this you probably get out here but if you got back in boom that’s a nice run so anyway um you know people who got in well I’m not gonna who cares what they did in the past I’m just saying uh it it it could Be a good run keep it on it let’s see luncie definitely on my on my watch that stuff look snx versus usdt I’m liking this one um definitely the volatility kind of kicked a lot of alts in the ass recently um but uh look at the squeez indicators looking positive directional Nexus Looking positive adx is a little low it’s around like 12 or 13.well I need about 20 or 25 before I really want to get in but it’s been going up no problem higher like here like your lowest back here you know higher high I’m sorry higher Low higher low you only get higher lows and of course we blew it here but we did balance up to 200 kind of we went to the 314 we’re riding that 200 we’re keeping in this channel the next thing it’s got like your you know higher high higher High higher high higher high then we started to kind of blow it but we got back on track sort of you know higher highs in a way just not compared to this one so things got a little bit shaky let’s see that that local if that recent Volatility is gone how it’s going to play out um you know looking at this guy here this is the perfect spot to balance and if we do balance with this 200 and start seeing some green here on the squeeze indicator and the adx it’s a little higher about 20 23 maybe Um I’m gonna be watching this guy because really let’s just say that we um so I might even you know hop in it like now to be honest with you and put a stop right under the 200 moving average there at around um let’s say 2.12 you know because if I forecast this Thing let’s say from here we go to the top of this channel again about that that’s 14 easy you know a 10 uh stock a trailing take profit with like a three percent variance or so boom that could buy you the top might be pretty sweet so you know There’s always money to be made you don’t mean you can short two if you want I just in general more of a longer it just makes more sense to me but I certainly do short sometimes but um anyway uh there’s always money to be made it’s just harder to find sometimes One thing like about snx is also if we look um how’s the four we’re looking four hours pretty positive I like what I’m seeing there it’s uh waiting off on the four hour a little bit I could certainly turn around how about the daily HR daily chart yes yeah this is The important thing here um on the daily chart if we look here’s a big one um let me get rid of this Channel and all that stuff um daily chart it is above the tune moving average I’m sorry it’s below the student moving average so it will probably find around 2.42 it’s probably Going to find out resistance it is it’s gonna be a hard pushing above that tuna moving average so um Be watchful and definitely be working on taking a profit when you get to that because it’ll probably unless it bursts through it’s going to be uh it might be a struggle Right there as you can see the 200 is right around where things are they have trouble and it might be where this guy just gives it up now and Trends back down but the directional index here adx and squeeze indicator are looking pretty positive so anyway you know snx versus Usdt a pretty positive trade and look unliking it we’ll have to just keep an eye on this one yes unfortunately so many uh alts right now are okra are um that didn’t work anyway so many Alps right now are really in this uh in this um predicament you know just bitcoin’s Recent volatility has just hammered the odds a little bit but see they they’re definitely taken off um xrp versus uh BTC now if you want to if you want to keep adding up your your nice SATs um in in Bitcoin uh this is what I like Right here xrp versus BTC I’m kind of like this one because it’s a 45 minute chart it broke about the 200 moving average uh virtual index adx looking good squeezing the kids looking good um it’s between the 200 and 314 they’ll probably find some resistance to 314 it Might not make it above that just beware be ready but um this is looking kind of good let’s see if it continues I must admit I’m gonna be honest with you you guys can you you will know if I if it worked or not actually earlier got in on This one put a stop I build a two moving average right here and we’re gonna see how it runs I put a stop right around like right on it I think actually like um yeah one eight six zero I put I put um I put a a To stop loss in and it’s got a small position this is just you know always good to give it a shot try to make some money with a tight stop you know that’s what I well not telling you to do that but that’s that’s what I do Um because you never know this guy could run I mean it’s really not this is actually kind of not exactly a perfect setup I like to be above the 200 and 314 um but it’s above the 200.I’m seeing some nice energy here it’s moving um got this nice looking upwards Channel rolling I mean you can kind of go like that if you want to be a little bit creative let’s you know bring the little too creative there actually but you know I mean let’s see what happens if we can keep supporting this 200 and continue moving up it might be an uptrend all These indicators look pretty darn good uh things watch out for I got four uh three hour but the uh four hour chart how’s that one looking yeah four hour chart below the 200 moving average so of course an ideally ever going to be below it So you know might be kind of a weak play yeah and but then again on the on the daily chart you know we are actually and this is probably what it’s this is interesting we on daily chart are we Wicked above we’re challenging at 314 on The daily chart if we get above that and find support that’ll be very very positive on The Daily we recently gave a lot back you can tell about the yellow candles um look at the squeeze uh the um the uh directional Linux is beginning to Trend towards a positive for us um You know I like what I’m seeing there you know not bad like seeing that excuse indicator It ultimately is is also um sorry about that squeeze indicator is also showing us a little bit of love there slowly you know trending towards the positive on The Daily So anyway this is a mixed bag this is definitely a uh a crazy ass trade in my opinion not playing by my own rules super well but um just giving it a shot you know what I mean it’s given a lot back recently and I’m starting to see a A a nice a nice recovery there let’s see what happens you know I’m gonna not be as as uh logical as I should I’m kind of doing a little bit of a maybe that’s a bit of an emotional trait or something but anyway uh so on my Little Client List here snx versus usdt I like what I’m seeing there this guy looks ready to kind of move up I want to see a Candler too moving up and some green here in the directional and in the uh uh squeeze in the direction a little bit More green there eight versus usdt push in but not where it needs to be yet that’s for sure elf um yeah screwed ruin versus usdt nope renuous versus usdt no it’s it’s Jack Clay versus usdd nope that could be it could be a play Clay versus your CT um You know one thing about this guy is I like trades that kind of have an upwards Channel they break below it and they kind of get back in in the channel there um Clay versus usdt you might want to check it out traded by your own rules Um ATC versus used to T is a no um Mana versus uscd was kind of intriguing this morning um slowly recovering on the indicators I did the FIB sequence you know going back to its uh low that it had back here like uh the 30th of December 2022 Um the subsequences work kind of well we’re right now hitting the um uh two three six FIB level and the 200 moving average we got below both of them it’s kind of getting a little bit a little bit a little bit of a turn around these indicators are slowly showing an Upwards move I’m going to watch this decentraland man I’m I mean it’s been running like crazy recently it might be done but it might not this is definitely something to watch so I’m watching Mana offer some volume to kick in there and this thing can start moving Kava versus usdt like what I’m seeing here um kava versus UFC T8 I said this beautiful 45 minute charger this is going way back to like uh you know January 1st uh of yes this year this thing’s been cruising up looking beautiful to its heart moving average is trending up so It’s a 314 it pushed the top of the channel recently um now that now the screws indicator is starting to wane off a little bit um that direction Linux is still pretty strong adx is kind of even right spot uh I don’t know what this thing’s gonna do I’m keeping on it because it may end up doing something like where it uh you know bursts come down to find support keeps going or maybe it’s going to go way back down and then and then run or go right back down halfway and run I’m watching this one not quite ready for You know a a trade yet um but definitely uh kava versus usdt I’m definitely watching the ones that I have here on my little Cayenne list these are mostly against usdt and these are ones that you can get on almost any exchange so that’s Why I kind of I kind of keep an eye on these guys here this this list does change now and then uh bit versus usdt this thing was doing great recently um but it definitely kind of gave a lot back a little while ago I gave it back a Little a little bit Grace linky kind of gave a lot back um uh indicators beginning to like loosen up a little bit give some chance to run to the 200 and we got 314 Wick uh and it’s let’s see if it bounces uh I’m not quite ready to give up on bit yet Um this beautiful beautiful uptrend if it can get if it can get back in that let’s just go kind of like this uh if it can kind of you know get back in that uptrend this is a pretty powerful one um this guy gets pretty Bursty I like what I see just that it really has taken a hit recently it might be done I’m just keeping an eye on it I’m not quite ready to give it up yet uh Pawn versus usdt um yeah you know yeah I’m not too excited About that oh and let’s let’s look at some of those ones that were doing good um e and e and J right uh no what’s it called back here uh who was doing good there frax engine coin e and J versus usdt let’s look at that it’s on Kucoin binance coinbase I mean you can play this one a lot I’m gonna look look on coinbase things tend to render very well against that yeah enj are in the 45 minute this is just beautiful look at that oh my gosh this is wonderful look at that beautiful um uptrend we’ve had I’m gonna have to go kind of about here you know you can kind of do that you could kind of almost well a little hard to get a good channel here let’s just try to work it like from about here but definitely you can see it Goes way back I mean this thing’s been an uptrend for a while when I kind of do like do like that even though it may not play make sense I like that it kind of burst it looks like it’s going to find support in the top of this channel maybe Continue moving up this is too hardcore right now this thing is really moving um for our chart looks beautiful is it above the 200 on The Daily that would just be so sweet oh it’s just right now look at that it Wicked above the 200 on The Daily it may find a little bit of resistance there but still uh when the kid is looking great enj oh my gosh this would like to see NJ has recently as we can tell I mean it has been given enj has been losing for a long time you know Pretty much since um November of 21.

this thing’s been with a couple bursts now and then it’s just been getting hammered um now people can be cynical I’m not I just don’t have time for it you know we’re seeing a nice uptrend here these indicators look very very strong it Looks nice I like it on the shorter time frames definitely if e and J can uh get above this uh daily 200 that is going to be badass in fact right now I’m going to put an alert in Crossing value 200 bam if it can cross that that’s going to be A powerful move okay on the daily but for right now that was weird oh my alert went off um anyway uh going back to the 45 minute chart here for enj it’s really getting bursty um I don’t know uh I’m not sure how to trade this one right now Um it’s pushed pretty hard I’m gonna see if it’s either gonna do one or two things or you can can deliver it once it may find itself doing it halfway down its Channel maybe an all the way down its Channel or maybe we’re gonna see a Move off of here you know I’m just gonna watch right now indicators look pretty good not surprise me if it starts moving from here the uh ATR uh I’ll make sure I’m calling that right ATR the ATR Zone here shows a lot of a Lot of room to move up so let’s see what happens I’m not not ready to get in this one yet but definitely if I wanted to be totally crazy right now I’d put a stop onto this Channel and get in that’s just me that I’m not not recommending Anything I’m not getting into it yet but I’m gonna watch this once I think he and Jay it’s a thing I like about enj is it it’s a real it’s an exchange right engine oh I forget what or what is the game token I forget either way Um I forget what the crop it does what does enj do I’m not gonna look it up we can we can look it up later but I remember it’s it’s a valid now I’m thinking of uh swissberg I don’t think swissberg is enj swissberg is a weird exchange with a Very very strange name um he and Jay forget what it is what it does but it’s a real project and I I just tend to think that things that are real do better than things that are you know obvious coins you know so enj real project what’s going to happen here I’m excited I’m watching this one so right now because the kind of like the game to be played right now is watch you know I wish it was it was really great entries you know but we’re not really seeing them I do like this though Bitcoin bounce off the 45 minutes chart Um you know this is a weird pattern weird thing to play is it a big bold flag maybe um on the on but what do you see right now now they got green diamond here that is uh all of our Madrid ribbons uh the EMAs have all turned green that’s very Very positive squeeze is looking good directional next is looking good is the TC going to continue up from here it could be and one of the things is um I hear a lot about in fact I hear too much about is it a bull or a bear Market it Doesn’t matter it doesn’t matter there’s always stuff like Lund scene making a move and J making them you making a move I mean who cares if we’re in a polar bear Market if you trade it you know enj versus usdt um you know and I I mean you’re making Money it’s always money to be made bull or bear Market makes no difference and if you can always short if you want I don’t even find that the need to really do it um things are always making money against Bitcoin things are always making money against usdt Um just a matter of getting in so uh if if Bitcoin starts to push right now um it wouldn’t surprise me if it could you know make a couple percent if you’re in either you know sell sell that top uh when it turns around or or stay in or Whatever you’re doing but um uh don’t worry about it don’t wait for a bull or a bear Market it’s going to be made every day um so make money every day don’t wait around for a blower bear Market My Wish for everybody truly is that I’m gonna Wake up in the morning you’re excited about what you’re going to do that day and to me I’m always excited about trading I’m excited about traditional markets I’m excited about crypto especially I have some other projects that I’m working on uh crypto related and develop and I’m developing some some Uh monitors and such that I’ll be sharing when they’re done um they’ll just be public you can check them out um of uh and the thing is uh I wake up and I’m excited I I can’t sleep like I wake up early because I want to get back To life you know sleeping is boring when I get back to what I’m doing so my wish for everybody all the Bitcoin true stickers out there I’m glad you’re part of the peaceful Revolution every Bitcoins tells you own punches a nasty globalist over there in Davos right in The nuts and I hope that you unlike those reptile reptile bastards I hope you get to wake up and be excited like I am in the morning that’s my hope and I hope we all get wealthy doing it and I think 2023 regardless of whether it’s a Bull or a bear Market we’re going to do that so I’m rooting for everybody I’ll see you soon The BEST in 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