BTC It is currently in a consolidation that could take us to 50k on a break up. on a breakdown, I will be looking for 32.5k This is the picture that makes the most sense to me with the volume profile and the pattern. Symmetrical triangles are normally continuations of the trend which would imply downside. But I think the current issues the global economy is facing...
While I am overall still bullish on XRP in the mid to long term, I think XRP may take a dip to .61 cents and retest support from here.if not, XRP is in a symmetrical triangle consolidation to move to .87 cents. I don't think a lot of the market looks too hot right now and may pull back. Things in Russia seem to be escalating which I think will shake traditional...
BTC has still yet to make a lower low on the larger time frames which implies that this bull market isn't over yet. If we can get a good weekly close above 43k this week, I will be looking for continuation to 53k. from there, I may start looking for 100k but it depends on what forms. These escalating wars are starting to get out of hand. I think its influencing...
XRP is still in this massive symmetrical triangle consolidating for a move to 5 dollars on declining volume. The catalyst for this major breakout is going to be from settling the SEC lawsuit. I have stated before that I do not think that the SEX has a strong case against Ripple. I think they will win their case and be relisted on every major exchange. XRP will...
BTC hit our 45k target and now it looks like its consolidating in a symmetrical triangle for continuation to 46.3k If we fail I will be looking for 41.8k. With the war escalating everyday, I expect crypto to keep pumping as it is becoming a hedge in war times more and more everyday. Currencies are becoming volatile and crypto is the best option for a lot of...
A damaged ruble and economy are scaring Russians into puling their money out in masses. Russians do not have access to a stable currency like the dollar If the Ruble really starts taking more damage. its going to cause a lot of people to move into crypto as a hedge and a way to by pass sanctions. The legitimizing of crypto crowdfunding for Ukraine and Russian...
BTC has touch our original targets between 33k-35k. We have since been flagging higher and moved into another consolidation. Looks like a symmetrical triangle about to move to 41k. I haven't been able to update lately since I've been extremely busy. Message me if you ever have questions and I haven't posted in a while
I've been watching gold in this symmetrical triangle for a while now and have been anticipating a break higher to 2300. We just got a breakout on Massive green volume so our ascent looks like it really starting to begin. The War tensions, increased interest rates, and a massive economic slowdown have made this a very predictable reaction
While a lot of the crypto market is looking pretty grim atm, I still think XRP can rip to 5 dollars. No crypto assets have the same potential catalyst that XRP does. The SEC lawsuit is a really big deal. We are consolidating in a symmetrical triangle on declining volume. Symmetrical triangle targets are usually the length of the back of the triangle. That's how I...
The Ukraine conflict is escalating and I don't see it slowing down. It may turn into a serious crisis soon as its affecting stocks and crypto all around. The BTC chart has not been looking too hot lately and neither has ETH. No solid pattern but the volume is coiling for a big move. In my opinion, down. We just found rejection at resistance and have been pulling...
BTC has not been looking to hot and neither has ETH. Still breaking down from their rising patterns on declining volume. I am look for 33k-35k on BTC before I see the next major setup. Russia news and quantitative easing is not looking great for either market and I don't see it getting much better anytime soon. Putin is going to keep pushing buttons until he...
The recent sell off for ETH and BTC wasn't good. I was looking for a strong close above 3050K on ETH for continuation but the bearish case seems more likely now. The rising wedge on declining volume can easily take us back to 2200 on some really bad Russia news.
BTC needs a strong close on the weekly above resistance at 43k to avoid a dump. I posted a bearish setup yesterday explaining my thoughts. We currently look like we are consolidating in a falling wedge with declining volume on the 4h. If we break up, I will be looking for 45k. This can invalidate my bearish thoughts as long as we get a strong close todays weekly...
With interest rates and inflation becoming an issue, the SPX has not been looking to hot. The stock market and BTC are correlated so if it doesn't do well, neither does BTC usually. The SPX just found rejection and dragged BTC with it. BTC looks like its been drawing a rising wedge on the daily on declining volume the whole way up. I was hoping for a strong...
ETH seems to be drawing a similar picture to BTC. It seems to be in more of a rising channel than a wedge but the downside is similar. THe declining volume is indicating a big move coming soon and I am anticipating downside to about 2300 when we do. Really need the SPX to reverse to invalidate this idea. It just lost support and can keep moving lower unfortunatley
BTC has kept rallying higher and higher over resistance which is nothing short of impressive. We look like we are making a higher low to maintain the bull market. Looks like we are about to go for another stab towards 48k from this rising triangle on declining volume
GRT has been in a down trend for some time now with very little relief. We have been dropping lower on declining volume in this channel implying some decent relief in the near future. I think when we get a breakout, we will revisit at least .76 cent
XRP has been in a massive symmetrical triangle consolidation for weeks now on declining volume. The catalyst for the breakout(Or breakdown) will be the SEC lawsuit. I am anticipating a positive outcome for the SEC lawsuit since I think the case is extremely weak against XRP. The upside target is 5 dollars from this triangle