Moonshot
BTC Looks Very Bullish->Potential Moon Shot Launch Date 7/1/20What we thought was a bear market, may have just been a multi year slow grinding consolidation. I believe this rocket ship will launch on JULY 1ST 2020!
Not financial advice. Just my opinion. Always do your own research.
COINBASE:BTCGBP
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BTCUSD - The halving is over an now it´s bullish! Really???The halving is done and we have seen a bit of volatility the last hours before. Now to the moon??? I wish for it but i don´t expect it.
What is the initial situation:
- We see lower highs along the falling purple line
- At the Moment we see a lot of resistance in the area of 10.000 - 10.500
- Seven positive weeks in a row
- The halving
- A lot of hype on youtube and in other media
What can we expect:
I quote a song by QUEEN "Too much love will kill you" and change it. "Too much hype will kill you" . I wonder all the time why everyone is so euphoric. The fundamentals are one but i don't see any change in the chart. It doesn't change anything when billionaires enter the market or youtubers call out the moonshot. When everyone talks about it, it usually happens differently.
Chart technology is always about probabilities. Basically anything is possible and we can see pumps in between. Based on the chart situation, i expect a continuous sideways phase with a tendency downward trend. In my opinion, this is healthy for the market. Interest and reporting will likely decrease and people start to doubt. That is what I want to see.
In summary, i expect a longer sideways phase in a larger range. We will see little pumps and dumps. As long as we don´t see any new lows below 3.800 $ or any new highs above 10.500 $ or even 14.000$ we will form a longterm bottom and that is good for the long run. That can even take years.
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BITCOIN LONG Elliot Grand SuperCycle Wave 3 Underway.As the title suggests, we have now begun wave 1 of wave 3 of the Grand Super Cycle time frame since the inception of Bitcoin.
The drop from 20k to 3 k was a 3 wave WXY complex zig -zag correction.
We have now seen wave 1 and wave 2 of wave 3 of the grand super cycle time frame complete.
Wave 1 was the impulsive 5 wave move from 3k to 14k.
The 5 wave nature of that move invalidates other less knowledgeable elliot wave analysts claiming another drop in some kind of zig zag.
That is impossible when you consider the structure of these waves.
(IE, the drop from 20k to 3 k was a 3 wave move as seen here, not a 5, therefore, not a zig-zag.)
XRP Ripple / BTC Correlation Good time to buy Ripple?
Approaching Halving we almost all expect a nice pump and dump (of some sort)...
If we can hold above 2246, I'd personally say it's a fair bet to get in with some more Ripple. Bitcoin has been rather bullish since the dump to 4k along with nearly the entire Stock Market. My outlook on the correlation between XRP and Bitcoin is rather simple...
Looking Back To Last Halving...
2017's biggest cryptoassets ranked by performance
1. Ripple | 36,018%
2. NEM | 29,842%
3. Ardor | 16,809%
4. Stellar | 14,441%
5. Dash | 9,265%
6. Ethereum | 9,162%
7. Golem | 8,434%
8. Binance Coin | 8,061%
9. Litecoin | 5,046%
10. OmiseGO | 3,315%
14. Bitcoin | 1,318%
Long-Term Entry: 2248 Sats
Long-Term Stop-Loss: 2239 Sats
Will Update With Target...
This will be like the related play below on a much larger time-frame
DO NOT TRADE THIS, NOT FINANCIAL ADVICE :)
DotcomJack
BYND Meat | Heating Up or Cooling Off?As we approach the next NASDAQ:BYND earnings report, traders may be looking for an entry. Although we'd all love to play a good earnings report, I don't think I will unless we can break out of this bullish flag and long-term resistance. I'll update this play this week.
Like & Follow For Future Updates!
DotcomJack | Easy Loot Trading
ENJ Making A Move | Excellent Risk/RewardGood Morning Traders,
It's been quite a while since we have traded BINANCE:ENJUSDT . Sadly we missed this big push simple due to being distracted with this crazy market.
Risk:Reward = 5.61
Entry = .13803
Stop Loss (-1.88%) = .13511
Target Profit (10.5%) = .15285
Estimated Time: 24-28 Hours
If you haven't checked Easy Loot out, be sure to head over to @kyer
Do Not Trade This, You Will Lose Money
DotcomJack
Big Moves Coming (Halving Moon)Good Afternoon Traders,
Do me a favor while you're scrolling by and drop a like.
According to my calculations Bitcoin will outpace XRP at first but then.... Out of no where....
XRP moons
GreyScale | It MIGHT ContinueLooking to hold channel & $11.7027, if red line breaks I'd look to short.
DotcomJack | Not Financial Advice
(I do not hold this asset)
Bullish retracementA bit of a fall back after a 40% from local low
Support line is coming soon (blue)
Shakeout to calm down weak hands
Plan is going well, healthy retracement before explosion.
Great opportunity ?
I think so
And im just a guy on the internet, not a financial advisor.
Please share your comments
FLWS BIG Continuation | Easy LootYoo What Up Traders, This week has been pretty nice. Almost a 800% play since entry last week! If we can hold this channel and breakout above, I think we will see another nice push up during after-hours.
Will it continue pushing?
Still sitting in previous contracts listed in ideas listed below... Easy Loot!
XRP Golden Cross Potential Looks To Add Bullish Momentum On 1HR XRP 1 HR CHART
Nice bottom formation has played out finding support on the bottom of our pitchfork with wicks drawing down to test the .786 fib level. Following the relative low was a nice breakout with good volume. Price was then held down by the 100 day MA which is has now broken above. Coinciding with that breakout, price is now above the 1.0 Fibonacci extension. If we can find support above the 1.0 extension I would expect to target the 1.618 around 0.36 cents. The chart is pointing towards next week.
DTCC Live February 24th. A one day early birthday gift for me I guess ;).
If You Enjoy My Content Please Comment & Like I Appreciate Your Insight & Interest.
My Personal Speculation & OpinionNot Financial Advice.
Link To Same Chart On Daily Timeframe
AMD Pushing For All-Time HighGood morning traders,
AMD recently updated the public with some pretty big news in regards to the Google Cloud platform.
Pattern Recognition:
- Bilateral Ascending Triangle
DotomJack
As always, please do your own research prior to investing. I'm not providing financial advice nor am I a financial adviser.
ETH/USD Very soon longFinally after such a huge move from the lows we are getting some sort of a correction. Next support level is at 230$ area and that is where I will add to my longs. At the moment not sure if bounce from that are is going to lead us to new yearly highs or just a nice pump for 20-35 $, but I'll take that as well. However I would favor new highs from that level. Hopefully going to get filled, stay safe!
Sprint is certainly sprinting for $9.00With the recent merge of Sprint and T-Mobile, we watched the stock pump 70% after-hours. Yesterday I decided I'd be a bit more patient with Sprints movement, only entering with a semi-small account at $8.28 (at time of publish, up $.4856 per share). I than used this to determine likely movement to today and decided to buy call a few hundred contracts with a strike of $9 by Feb. 14th, although I wasn't entering this trade thinking I'd stick around. Within about 2 hours I had reached my target and decided to pull out. Sprint looks like it most definitely can push above $9, waiting for the breakout of this bilateral triangle (meaning prices can dive either way). As I come to the end of writing this, I've decided to re-enter if we can breakout before the market closes.
DotcomJack
Please do your own research before investing. I am not providing financial advice nor am I a financial advisor.
HODL XRP | Pattern Repeat??Yoo what up traders,
If we look back to the start of early October, we can spot insanely similar movement. Surprised I haven't seen anyone else spot this, it lines up with current support/resistance.
If price follows as predicted, the break of channel resistance will send us back toward the $.25 zone. If we can't break, movement down is almost foreseen. Personally, if I wasn't already holding xrp I'd wait to enter the retest of .21313.
Ripple's A GO!
As always, I'm not a financial advisor nor am I providing you with financial advice. :) DotcomJack