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XRP/BTC setting up for another large rally?XRP/BTC is potentially setting up for another large rally. Price has reclaimed the 10 week moving average and is trading above it for the first time in nearly 9-10 months. Price has also tapped a historic price level around 2300 sat's that has been a key pivot point throughout XRP's history. I am keeping an eye on this one and it could be setting up for another huge rally. I wouldn't be surprised to see the 20 week MA get tested and knock the price back down a bit before consolidating then making another attempt at breaking it. Ultimately, this setup on the weekly view is shaping up to be quite interesting. Also, for any crypto traders out there, Binance just launched their US exchange (Binance US.) If you need a link to go sign up, click here--> www.binance.us MA Guide (All Weekly for this post): 10 MA in Orange. 20 MA in Pink. -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Long
by Deftsuo
BUY Opportunity NOW (+3% gain)Base on my analysis, the "Niagara fall" movement of Bitcoin of the last hour is a panic sell that won't sustain. I've seen a trigger on my indicator that tells it's the bottom of the fall and a sudden rise is already in place. I've placed a SELL trade 2 hours ago, so I'm now at +9.91% benefits. (Price is at 8679 USD when I wrote). I'll stop immediately this trade to take the counter trade ==> BUYING. I don't say the fall is fully over, but a Bullish small cycle has begun right now. At least +3% increase Don't take my words for granted. Do your analysis and trade at your own risks. IF you like my ideas, please thumb them up. You can also follow me for future ideas. Thank you
BITFINEX:BTCUSDLong
by Atemak
Small yoyo but UPDon't think the up move is over. Not on my daily graph at least. A down correction is preparing. It won't last since bulls have not finished their up cycle (It's seen only on a daily chart). Note the level at 1.06303 it's a key level. It'll surely become a weak resistance level (easily breachable). Price will possibly climb fast to 1.06303 after the down correction. watch also level at FIBO(1.272) it's a nice level for Bullish trades since it synchs with a big old candle weeks ago. FIBO1.272 is linked to price at 1.07302. To view that level shrink the graph a bit vertically. price a 1.07302 will be a real resistance line (=FIBO 1.272) Don't take my words for granted, do your analysis and trade at you own risks. If you like my analysis hit the like please, and subscribe also. thank you
Long
by Atemak
G1 Therapeutics RALLYEarnings/News Co's lead cancer therapy, trilaciclib, gets FDA's "breakthrough therapy" status, which is meant to speed up review of drugs that treat life-threatening conditions GTHX says it will present new data on three of its drugs, including trilaciclib, at an upcoming conference in September FDA's move is a recognition that clinical data presented so far reflects the potential for trilaciclib to address an urgent unmet medical need - Cowen & Co Analyst Actions JP Morgan Upgrades G1 Therapeutics to Overweight From Neutral, PT Raised to $45 From $38
GLong
by dorfmanmaster
Delayed tariffs "for Christmas" might help HASBRO News/fundamental The USTR says that the tariffs on some items, including “certain toys,” will be delayed until Dec. 15. September is a key shipping month for those companies as they prepare for the holiday shopping season, when the majority of the industry’s business occurs. Hasbro told CNBC earlier this month that it would have “no choice but to pass along the increased costs to our U.S. customers” if the tariffs were put into place. -- Great risk reward ratio.
NASDAQ:MATLong
by dorfmanmaster
3
BTC – optimistic outlook. $560K in 2 years time possible.Hi Guys! We are in the middle of the summer. Volume is down. But let’s try to imagine and predict the next 2 years of BTC behavior. We are sure we will reach the sky (at least from the current perspective). We discovered a great indicator made by Lazy Bear. It is public so you can take a look at the code but in general, it operates on the average of the highest, lowest and close and its ema in the given time. So it looks interesting. We used a 1W interval. We noticed that once the indicator crossed the level of 30 it was above it for another 854 days. There were some fluctuations afterward but they were all above this line. As you can see the indicator crossed this line at the end of April 2019. We should stay above, till the end of August 2021 . As right now the volume is rather low we don’t expect much demand and supply. The price should stay between $9K and $12K. We expect to observe a strong rally in Q4 2019. We may go as high as $40K -$50K at the end of December 2019. Do you like such a scenario? Please do tell us down below in the comment section. Thank you for reading and your time. MASSIVE Hugs! WBM Team
BITSTAMP:BTCUSDLong
by WBM_Team
7