XRP MUST SEE!!XRP is currently trading at $0,38 cents as i speak find another bottom on and at $0.375-$0.385 zone
THE RSI is flat in the middle zone. MACd is bearish for the moment.
A death cross was spotted on 5/19/19 which triggered another bearrun but XRP came back above the EMA..which failed to hold..
So. XRP is bearish.
I saw another golden cross possibility(read my earlier post) which can flip the table?? what do you think.. can we restest $0.40cents.
I see no reason for XRP to go down further.
WHY?? Major companies like: JPMorgan FIDELITY Etrade Microsoft StarBucks and many other are hoping in the pool..
Why would the banks go for a scam and lose there money without knowing it??
Bonus1: AT&T (thats right ATT the major phone carrier ) now excepts crypto PAYMENTS>> (ONLY billing for now)
BONUS2: DO NOT judge me: So-Called SATOSHI NAKOMOTO Craig Wright claims BTC will crash and BTC SV will take its place... (BITCOIN SATOSHI VISION)
COINBASE: VISA DEBIT CARD AVAILABLE IN UK for all those not knowing about it!! COINBASE partners with VISA for first debit card.. woohoo COINBASE USERS IN UK!
THIS IS NOT financial advice. do at your own risk. RESEARCH IT! Peace!
Goldencross
Golden cross 3X for MATIC spells another run to the upsidethe EMA and SMA 20 on the hourly are crossing above the 50 and 100 EMA and SMA. predicting a slight pullback to complete the wave then a breakout of the bull flag to create a new flag post to the upside. Target 0.048. Timeframe: next 1-3 days granted BTC doesn't fall apart. Pullback may drop as low as 0.0185-0.0225 as market depth is very even ATM.
Ethereum Technicals Turning BullishDisclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business.
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Consensio: Golden Cross on the daily | 50 Week EMA has just started to turn up
Horizontals: R: $260 and $275 | S: $244 - $250
Trendline:
Parabolic SAR: D: $245
Funding Rates: Longs pay 0.16% | Funding rates have been ridiculous over the past week or two. Generally big sell signal, but so far it hasn’t stopped price from grinding up
Shorts: At support | Longs are near resistance
TD’ Sequential: Daily Green 9 called the top of the run. Weekly is only on a 3.
Ichimoku Cloud: Currently testing the bottom of the cloud
Volume: Record buying volume on Bitstamp, Kraken, Binance and nearly on Coinbase
Relative Strength Index: Falling below 70 on daily | 4h supporting above 50
Average Directional Index: Daily is at resistance, this is very important.
Summary: Alts were at an extremely crucial point over the last couple weeks. Testing year+ long support on the btc pair while struggling to keep with up with BTC during it’s rally. If the support for alts broke down that could have been the beginning of the final descent.
Instead massive buying volume came through on the large cap coins. Ethereum and XRP specifically. I am very bearish on those coins for fundamental reasons but if the technicals are strongly suggesting that it is time to be bullish then that is what I will rely on.
This volume is something that just cannot be ignored. Maybe it is all fake, or maybe it was high volume during relatively low volatility which is one of my most important indicators of a bottom.
When comparing ETH to BTC it appears that ETH is where BTC was when it was in the $5,000 neighborhood. Brokethrough 2019 resistance (red) but still well below 2018 support (blue).
ETHBTC also appears to have supported 0.025 which was the do or die area as far as I was concerned. It is still too early to say that has happened for sure, but the trendline has been broken on a weekly basis and there is big volume across multiple exchanges.
I have been longing ETHUSD due to the massive volume and because of how it appears to be lagging BTC. Furthermore the 50 and 200 EMA’s have recently turned bullish.
I have started longing ETHBTC due to the trendline breakthrough confirmed with large volume as well as the price pulling back and into a golden cross on the 4h chart.
Bottom line is that the risk reward is far too favorable for me to pass up. If alts due explode then I will be taking profit into BTC as long as it remains bullish. When I am bullish BTC I want to accumulate more, and alts at these prices could be just the way to do it.
I am a Bitcoin Standard Bearer (maximalist) however that doesn’t preclude me from using them to try and increase my BTC stash.
Golden Cross on 5Y chart! Golden Cross on 5 year chart is now visible. Will we see increasing volumes as was the case in december 2017?
Golden Cross Soon? Downtrend of 1.5 years coming to an end?The previous positive MA-200 cross was on December 25, 2017, with the price rising from 14.4 cents to peak 53 cents in 2-3 weeks.
Now, however, we are not in the 14 dollarcents region. However, an increase to start with (370%) is possible. This will bring us back up to 8 cents. How long will it take? I count on 8 to 9 months with some good and bad weeks. We can not speak of the hype we saw with Gulden, such as the end of Dec. 2017 and jan. 2018. Which is a pity, because the Gulden Blockchain is now better and safer-than-ever. The first resistances are around 2.6 cents and 3.4 cents. See the blue lines. Big news for Gulden is on its way and can cause a sudden demand, which means that price targets can be reached faster than expected.
This crossing that I expect on May 20 or May 27, 'Golden Cross'. Here the 50-day moving average will cross the 200-day moving average. This is almost always a sign of the change from downtrend to uptrend. A down trend is not infinite, and I think it has lasted long enough at Gulden. With this 'Golden Cross' I expect a few new / old speculators who are going to buy a lot of Guldens. Most (crypto) traders often have tools that give them a warning when something similar occurs with a share/crypto. They then take a closer look at the share / crypto currency, and see whether the long-term down trend is approaching its end.
I really hope that we will experience a slow climb in the coming period, instead of a period of pump and dump. I am not waiting for that at all. I do hope that in the coming period Gulden will receive more attention that it deserves, and that people will be attracted with a long-term vision and more will be built on one of the safest blockchains in Europe.
ETHUSD breaks bullishly up out of falling wedge target= $261 Lots of bullish signals converging at the same time on the ethusd pair right now. First was the golden cross on the 1 day chart that occurred a few weeks back and now appears to be sustained. 2nd we have the bullish breakout of this weekly rising wedge pattern(a pattern that typically breaks bearish). For a bearish pattern to break confidently bullish like this is a very bullish indicator. Our next bullish signal is that the weekly 50 ma(shown here in orange) appears to be holding solidified support. This is clutch...if it can maintain support the $261 price target should be hit with little to no pullbacks. The only cause for concern here is having the stochrsi on both the daily and weekly charts now in the overextended zone..but as we all know on bull runs it can stay over extended for quite some time so thats nothing to be alarmed about just yet.
ETH/USD Where is it going to?Hello Friends,
I will update this chart with expected targets if there is enough interest from the community. If the community wants more details, please show your interest by hitting the like icon .
Looking at the daily chart we can see a rising wedge after a long down trend since the peek of the market. Has ETH hit bottom or is another bottom still in the cards?
All I can say at this point is the RSI has turned downward along with the MACD in tow. The RSI is showing a divergence yet there is a fractal signal giving indication to stick it out for now. The bollinger bands have turned inwards for a possible squeeze, forcing out whatever juice that remains of this trading pair. Despite the SMA golden cross and its SMA 100 predecessor, we haven't seen much action. The 50 is looking temporarily as support but the pattern will dictate the outcome as will sentiment in the market.
Looking at the weekly chart the RSI is neutral yet curling towards the bottom but the MACD is showing mixed signals and continues to climb. Volume has significantly decreased since November yet we are watching a decline in price. So which way is it going?
I have an answer but that will require an interest in the community.
Cheers!
Similarities 2015 and 2019 BITCOIN (Bull is fighting back?)Hi,
I found some nice similarities between start of bull 2015 and now on the monthly chart in Bitcoin.
Here they are
a. bigger candle stick the same as now
b. smaller candlestick the same as now
c. buy volume equal
d. crossing 50/200 EMA, golden cross (!)
RSI is at same level
So, let me now in the comments: Will we see a same growth as in 2015?
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(I'm using Heikin Ashi candlestick for a better flow of chart and more clear RSI)
potential inv head & shoulders could double ADA's current priceCardano has been taking a bullish upturn recently along with much of the alt market. . .but if it can trigger a breakout of the current inverted head and shoulders patern on it's 1 day chart, it still has the potential to double its current price. Current 1 day stochrsi is alreeady over extended so it may meet resistance for a few days or so at the neckline before finally breaking upward but considering its had its golden cross sustained probability is inf avor of a validated breakout before too long. target 17-18 cents.
LTC is leading the market/giving hints at what btc will doAfter looking closely at the parallels between LTCs price action after it's 1 day golden cross, and BTC's current price action, I'm convinced BTC is taking a very very similar path that LTC has taken and that LTC is leading the market and can be looked at to get a clue of where BTC wiil soon head. For example, from the point of LTCs 1 day golden cross in March to when it finally saw a correction, the price action rose 118%. If we measure a 118% increase from where BTCs golden cross occurred we get a range of around 9.9k we also conveniently have a very valid horizontal resistance line at that range that if we did wait until then to correct we would have the set up for a very valid looking and massive cup and handle on btc. Exactly like we are currently now seeing LTC do. As soon as LTC corrected it began forming its inverted head and shoulder handle as shown here on the chart. It also corrected 31% which if btc continues to follow ltc from there it tells us btc could correct after hitting that horizontal resistance line from 9.9k all the way back down to that 6.6k range. it would then spend 1-2 months creating a handle to that cup before it finally broke back above the neckline and at that point if it triggered a breakout from there the breakout target would be 16-17k! As we can see on LTC it is now throwing wicks above its cup and handle neckline and if it were to trigger its breakout it will more than double in value from where it currently is now. All of this potential price action also finds further confluence with the breakout target of the total market caps falling wedge that we charted way back in February thats target would essentially cause the total market cap of crypto to triple to quadruple. We are ow almost halfway to the total market caps target with still plenty of room to go up. You can find that chart in my archives. Anyways keep a close eye on the correlation between LTCs price action and BTC's because I have a strong feeling LTC is going to be giving us hints at what BTC may also do.
SOLVE cup and handle + Golden cross soon, ultimate buy!Hello,
First of all, please take a look at the fundamentals and the great development team of Solvecare, this a great project for the long term.
Second, look at the chart! There is a clear cup and handle pattern forming and I believe that we will experience a golden cross soon, this wil take us to the goal of 0.0005367 BTC and eventually 0.00006547.
I call this a low risk, high reward potential investment.
Trade safe!
BTCUSD: Bears Are On Holiday! Crypto Market Cap just passed +$200 billion.
Bitcoin Target 1 & Target 2 done.
Fibonacci Retracement 61.80% reached.
Elliott Fifth Impulsive Wave in process.
Golden Cross MA200 & MA50 done.
Relative Strength Index (RSI) bullish.
Bitcoin Hits 8-Month-High at $6,785.
Bitcoin Surges +118% since 15/12/18.
Bears Are On Holiday!
FTSE 100: Approaching a short term support. Potential bounce.FTSE 100 is close to complete the -5.30% decline after being rejected on the Lower High of the 1W Channel Down (RSI = 49.506, Highs/Lows = 0.0000). The Golden Cross (MA50 over MA200) on 1D was the signal both on the Lower High and the one on the late May 2018 All Time High. 1D is fully bearish (RSI = 33.998, MACD = -8.850, Highs/Lows = -159.7305) even oversold on the stochastic trade action, meaning that a relief rally should follow. With MA200 supporting we are targeting 7,400.
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EOS - LONG- Bitmex - Golden CrossA golden cross on the daily chart.
RSI looks good, above the 50 level.
Target: 1.618 fib level
Low Lev, max 3X
GOLD RUSH, WHO'S READY?Okay guys, bit of a confusing one but on the daily chart gold has been travelling in a horizontal channel marked out with the blue rectangles, we recently saw a move from bottom to top and as it was it formed an ascending channel, we saw a false breakout of the channel to the upside at the top of the channel however it dropped back into the channel.
As of now price just hit the bottom of the channel and its making its way up, we believe price will test the descending trend line that is marked out in black which lines up with the 0.618 perfectly and make its way down to the -0.27 extension level. THAT MEANS THE ASCENDING CHANNEL WILL BREAK!
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.