Bitcoin targets CHECK THIS OUT GUYSBTC1! Weekly analysis
- Green channel: Ascending channel
- Red channel: Descending channel
- Green dash lines: Target if BTC goes up (could be higher)
- Red dash lines: Target if BTC gets dumped (maybe not that low, but somewhere in the channel or close to the bottom channel)
- Blue dash lines: retest of Red Channel
- Vertical lines: Fibonacci time zone
I set up the last low to high this year for the Fibonacci time zone.
Vertical line sequence 2: Next support/resistance that's going to be made (approximation) around end of December.
Conclusion:
The descending Channel (red channel) has been broken out upwards and retested. I am waiting for this week's candle to close (whether it's gonna touch the channel back or create a doji, etc.) and then we will have a better view on what to do. (Eventho I already have some positions opened lol)
Daily chart is being squeezed in between MA100 & MA200.
Last 4H chart formed a doji candle with a small green head (bullish sign, short term).
Monthly chart still has lower highs and lower lows (bear or building a bull flag, no one knows).
Weekly and monthly trading above MA100 & MA200.
Personally I'm more to the bearish side. If BTC rockets up next month, then alot of people will be rich.
But according to the system, alot of people cannot be rich :D central banks and the government like to F things up.
This is my opinion, don't get offended.
Xrp-btc
XRP BREAKOUT IMMINENTHello traders , today as you can see we had a weekly close above a long term trend line. This trend line was formed in April 2018, it is very significant. As you can tell it has been respected many times the past year and a half. The main resistances are at .33 and .52. both weekly levels, my thoughts are that once .33 is broken and the price closes above it we will moon. The entire bear market xrp has done nothing except make lower high after lower high once we retest a lower high its game over. The current price action is tying in perfectly with the fundamentals, with swell less than 2 weeks away I am very bullish.
EASY MONEY XRP/BTCXRP/BTC is bullish. Going to test the .00004 area (previous resistance & support). Good area to have a tight stop loss and take some profit. If it breaks that then a test of .00005 is likely )previous resistance support). If that breaks then .0008 will probably be final resistance for maximum gains. Keep moving your stop losses, capitol preservation is key in a volatile market and make some money.
Bitcoin vs Altcoin the game of Dominance 2hey guys welcome to a fresh update of crypto market, now things start to look more favorable for altcoin traders, as Bitcoin dominance keeps declining brings more and more fresh volume and high liquidity for alt markets, after all its time for a new altseason, so before moving forward its necessary for you to check my first update on altseason to briefly understand what's going on, here it is...
alright so now talking abt the top chart some major points we need to carefully consider
(.) The red and green belt which is previous resistance zone turned to be support zone is still in act and prices beautifully hold that level and succeed to from there, recent drop could be a pullback to retest the green zone and than we could start to go even higher.
(.) The downtrend channel which has been developed from July has clearly broken (blue circle) in the start of September and in end of September prices retest the upper line of that channel for a final pullback which clearly shows that bottom has been formed now.
(.) RSI making higher highs with prices making lower lows indicates for strong bullish divergence.
(.) Right now alt mcap is struggling at 21 daily ema hovering around 66.9b level which is not so hard for bulls to break, most likely we could see a huge spike from this level to which could test 200 Daily MA siting at 85b resistance level in coming days.
As looking by Bitcoin's dominance chart, quite clear that its moving in a downtrend channel from almost 40 days and keeps declining the resistance levels as we have already broke the 69.51 support level which also act as a perfect resistance zone, we're now moving towards to test next major support level the orange line around 66.58, but i think this looks weaker and we could easily drop upto 65.63 level where we could also test 200 daily MA in coming days, this indicates that alts will keep growing in coming days whereas Bitcoin could struggle with low volatility issues and declining dominance.
but thats also good for altmarket, as Bitcoin could remain stable will create perfect environment for altseason.
so thumbs up for your alt bag, keep hodl...
alright guys, that's all for now hope this idea will help you to make huge huge profits like the previous one's ;), dont forget to hit like and support us so we keep bringing awesome new trading ideas for you, follow us for more future updates, and do comment your opinion, we appreciate your response:)
and to join our premium contact me on telegram, my premium members are enjoying both sides no matter whether its bullish or bearish ....
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This is Husain Zabir signing out
CITADEL ARE GOING TO IBIZA I don't wanna be a bus driver
All my life
I'm gonna pack my bags and leave this town
Grab a flight
Fly away on Venga Airways
Fly me high, Ibiza sky
I look up at the sky
And I see the clouds
I look down at the ground
And I see the rainbow down the drain
Fly away on Venga Airways
Fly me high, Ibiza sky
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Far away from this big town
And the rain
It's really very nice to be
Home again
Fly away on Venga Airways
Fly me high, Ibiza sky
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
Whoah! Back to the island
Whoah! We're gonna have a party
Whoah! In the Mediterranean sea
Whoah! We're going to Ibiza
XRP don't be fooled, it will dump.Three exponential decays in money supply preceded by pumps in all of its history. And the peaks are also exponentially decaying. It is like radio active waste that gets recharged by fiendish wall street algo bots. If tradingview had curve fitting functions we can get a more precise picture of timing, peaks and bottoms.
I am just posting this, because of all the excitement around XRP at the moment. Total2 alt cap is rising, yes, because it is in a bear flag. It will drop soon, and XRP will go down with all the cryptos, including BTC, Because BTC market cap is also dropping. Investors are moving money out of cryptos.
No moon or Alts season, before we see the money comeback and re-accumulation patterns.
Just my 2 cents. In fact i currently hold $20 of XRP. maybe I should sell them and buy myself lunch.
$XRPBTC What You Talking About Willis
Monthly: Tweezer bottom left by August & September's candle, support found @ 2400 satoshis. Last time the price was this low XRP was listed on Binance, the following month price fell to 60 satoshis with a beautiful recovery. Price remains in a downtrend with a new low formed, expecting to see XRP to push for a new high (whether its a lower high or higher high)
Weekly: Price continuing to respect its bearish parallel channel. A close above 3272 satoshis should push XRP to a new high. Sept 23rd weekly candle leaves an imprint of break & retest. Stochastic RSI showing momentum in favor of the bulls with a short term cooling period.
Daily: XRP continuing to respect its minor uptrend. Symmetrical triangle broken and retested "Oct 5th-Oct 11th". Price now looking to form a higher high, rejection from this level could send XRP to 2700 satoshis. A daily close above 3320 is a good indicator we are heading up.
4HR: XRP respecting its 4hr uptrend, price now showing a bullish pennant. Stochastic RSI showing momentum in favor of bears. A 4hr close above/below the levels shown shows XRP next direction.
XRPBTC Bullish divergence. Time to recover the lost ground.Very simple bullish sequence indicating that XRPBTC is close to aggressively rise again. Besides the bullish divergence on the RSI, the price has completed almost 20 days above the 1D MA50, the first time it has done so since December 2018. All past such occurrences resulted into a strong bullish move. My idea as a medium term trade is to take the profit once the 1D RSI hits 87.00 or 94.00 (for the riskier ones)
Crypto Overview. Possible bearish movement otw. XRP is...Possible bearish movement otw. XRP seems to be holding support the best in my opinion. I snagged a significant amount of XRP sub .25 I feel that 0.13 is still possible but if that does happen I will buy even more. I have made good money each time buying xrp at .15-.25 So I will be attempting the same thing again.
xrp/btc pushed thru first resistance
xrp against btc has pushed thru first resistance , it has held there a full day on or just a little above, as I stated prior to this post in my previous post , the next few days are crucial, if xrp does not make it thru these vital areas of support and resistance it will be down and maybe to .17
I want to see xrp climb but it has to push thru the areas of resistance to continue thru are marked