SERUM or how to earn 400%The asset has been in a deep drawdown and accumulation stage for a long time. At the moment, SRM has approached the global downtrend line and is ready to break through it. Buying after breaking through and testing the resistance/support line. I expect the asset to grow in the near future to ~$0.31 per coin, in the long term up to ~$2.1 per coin.
The maximum income from the transaction is 420%.
This is not a financial recommendation, everything you do you do at your own peril and risk.
Lont
BTC bearish, long-term timing reversalSomething strange and contrarian is happening this week. Those who time the market will notice times when the graph timing "flips" and the expected peaks become valleys. Usually, these are major trend reversals. On the 11th-12th, markets have been going long, but in mid-January, they shorted instead (circled). Unless there is a re-reversal, prices could form an extended, downtrend continuation from here. End of month could be a valley instead of the peak everyone expects.
Watch daily progress and let go if trades are not going as expected.
Disclosure: Short from 17K is still in play.
Tehnical and news analise RIPPLE (support, MA, resistance) BITTREX:XRPBTC
BITFINEX:XRPUSD
Hi averyone! So last time we we've heard a lot of news from the New York Times about Ripple Company. He was criticized by pessimists and news channels (I think this was done on purpose) But I saw a many posts in Twitter about Ripple and it outlook .
www.youtube.com - Fox News Interviewed Ripple CEO Brad Garlinghouse today. Brad Garlinghouse mentions "XRP is 1000% times cheaper and 1000% times faster than Bitcoin". Brad Garlinghouse mentions Ripple is "Working with 3 of 5 largest Banks of the World"
When the Wall Street Journal writes about crypto projects for me it means a big role - www.wsj.com
WallStreet Journal, Financical times, Forbes - these publications publish news about this project.
About technical analysis: 1) Pay attention to the volume of purchases and volumes of sales 2) consolidation on two charts above the support line and the moving average (50 and 100) and line of support on two charts XRPUSD and XRPBTC.
I believe that the chart of the XRPUSD is main, I like that he does not depend onBITCOIN (pink line) .
Now I see the scenario of the Waikoff zones about the accumulation and distribution of prices on the hourly time frame and soon we will see a sign of strength ( SOS) (movement and volume) . This is a third open position on ripple. Good Luck