Altcoin Market CapitalizationFor all the pairs that I look - there is support and we stay above it. All altcoins look great. Many coins did not fall.
I see the power for altcoins to grow and ready to fly.
I think everyone knows what is happening. The United States lowered the interest rate and now it is 1.25, they will continue to lower it. They cannot have a crisis right now, because all the crises that are taking place in the US are controlled.
In the last crisis In 2007, the interest rate was about 6%. To get out of the crisis, they lowered it to 0.25 and for 8 years they printed money at 0.25 percent - this helped to get out of the crisis. Now is the time to enter the crisis, they have a rate of 1.25 and they do not have an instrument from the crisis. The banks didn’t come up with anything for the exit, and for us this is a very serious step. Money will continue to print - it will depreciate.
I really like how some top altcoins will appear now. All the confirmations that I needed were already received. . I'm waiting for the alt season with the new of highs, I'm waiting for bitcoin above 10k
Best regards EXCAVO
ALT
Xrp /// altmarket bubbleJust recently discovered this, but now its pretty obvious whats going on. this fits for other alts too. btc sure will suffer too in this drop but maybe not as much as alts (bottom at 4k?)
i was clearly too much focused on log mode in the past when the obvious is only noticeable in non log mode >.>
XRP/USD NEW HIGHS ON THE HORIZON? ENGLISHBitcoin is acting up as usual.
After the $100,000,000 liquidation hunt that occurred yesterday, I think we may be looking for an interesting weekly closing candle.
That in mind, in this chart, the orange dotted line is where we should aim to break and hold. That represents the weakest resistance. Should we break that and the following red dotted line, I would like to see a quick push back to 30 cents by the middle of next week, if not by the end of today.
Entry : 0.27676
SL : 0.24722
I chose a riskier stop to avoid the stop hunts that frequent this asset, well, this asset class as a whole.
LOGIC FOR LONG ENTRY :
1. BTC's prospective health prehalving.
2. Broke back above and held support on the 3hr.
3. XRP reached over 35 cents when BTC was meddling around at the 9.9k-10.2k levels, which I expect us to return to shortly, maybe today, or the end of Sunday.
4. Financial sector prospective reform.
5. Top 5 market cap cryptocurrency.
6. "Altcoin SZN BRUH".
7. Practical use case.
8. We are still in a bull market.
MITH-BTC mith going down and will go to the moon?50% is possible like if you agree. Im not an advisor
XRP/USD 4 BAR PLAY BACK TO 0.25? ENGLISHOn the 4hr, looks like a bullish 4 bar play! Short opportunities will present themselves as we migrate to the 0.25 range and back up to 0.30.
This should be a wide trading range, but with bitcoin going down, the 0.30 ceiling may not happen after all!
Midweek, would like to see bitcoin find support at 10k again, but I'm doubtful.
Happy Trading.
NEW TRADING RANGE BEFORE BITCOIN MAKES A MOVE? XRP/USD EnglishAs mentioned in an earlier idea, the 0.30-0.31 ceiling could be realized. The psychology behind a round and simple 30 cents, makes sense *geddit*. Though I am unsure, it could yield a safe trading range up to and until BTC decides where it will go.
Just do not get impaled by a macro trend!
Waves headed to the moonClean ABC zigzag with perfect hit on the medium line of the channel on the USD pair and bottom line of the channel on the BTC pair.
Then clean break of the channel with strength --> To the moon
RIPPLE INDECISION!!!Does ripple have a huge mountain to climb?
This handle it is approaching has been very detrimental in ripples success in the past but currently looking like a downwards channel is forming and ripple could be looking for a drop to the downside towards $0.2?
Or do you guys believe it will break this resistance and start climbing as bitcoin looks to begin also!
Let me know what you guys think will happen to ripple?
Is all the clickbait hyping it too much?
Is the news and stigmas around it true?
Leave a comment down below!
TWO OPTIONS FOR BTC DOMINANCEHey everyone!
I wanted to update you on two option for the BTC DOMINANCE on the 3-Day.
With BTC dominance struggling to get above 71% & 73% it is possible that ALT SEASON is upon us. However, be ready. BTC can blast off at a moments notice leaving ALTS in the dust.
So, these are the two options I see for BTC dominance over 2020.
Be ready.
Who knows?
Good luck.
*Not financial advice*
ETH.BTC (Y20.P1.16).MACRO.Keep an eye on thisHi All,
I have seen many tweets about the ETH \ BTC paring weekly chart.
Many say that it has a massive potential.
So I thought I share this and point out a few things that are obvious and see what others think, would be nice.
MY THOUGHTS:
a) Downward wedge, bullish breakout potential;
b) We seem to be at a support range, with the 1st bounce and a lower high;
c) Pre-requisite might be that BTC dominance needs to be dropping significantly (currently in progress);
d) Potential reversal pattern might be in play on the daily. 3 major touches on the bottom and two on the top will do it?
e) Looking for a breakout of this 1 Daily chart before considering entry (daily chart below);
f) Daily EMAs acting as resistance at the moment, this needs to be reversed (1 of the conditions);
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
(for my reference > Master.copy chart)
ETH\BTC Daily chart
Still a buyStill profit to be made. Expecting value to increase at least another 25% or so . Long story short... I have been invested. Just not as interested in notoriety and recognition as of lately therefore I am not as eager to share my opinion. It would be good to note that alternative currency may sap dominance from BTC and pump before the halvening. Thus it is presumed by yours truly that they shall certainly dump afterwards.
ETH (Y20.P1.E12).Macro.SummaryHi All,
Keeping it short and to the point.
> Most ALTS show signs of descent today or tomorrow including BTC (in this post)
> ETH made good ground like most ALTs however its completed the ARC pattern and hit is target for this round.
> Now pulling back for consolidation for a good bounce on the arc trendline or potentially the horizontal level.
This support area has confluence with the 50 EMA and the ichomoku on the 4 HRLY chart.
> It is unlikely to make new ground for that last spike.
BTC (5 min. chart) perspective
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa