ChitoiuAndrei2308

ChitoiuAndrei2308

The SEC has filed a Letter of Supplemental Authority in support of its Motion to Strike Ripple's Fair Notice Defense. The fair notice defense was filed in April, they've had plenty time to respond to it and now submit this as an after thought 10 months later whilst Ripple have incurred legal fees through out this 10 months to prepare case. Also what I find amusing...

ChitoiuAndrei2308

As Warren Buffett said, in times of fear in the market we should be greedy, we should buy more. One year ago, in January the fear&greed index was at extreme greed (95), while now after a year, the index finds himself at extreme fear (23). What is more interesting is the fact that the price from one year ago is equal to the price today. Do this tell you something?...

ChitoiuAndrei2308

XRP histroy repeats and as in every December, including this one, the coin is sold off massively. As we can see in the chart every year in December, XRP suffers, the RSI indicator going to nearly 15-20. After the huge December sell off, in the next year's first months, the cryptocurrency skyrockets on RSI, facing a huge buyoff, XRP making x2,x3 or even x14 as it...

ChitoiuAndrei2308

As we can see, XRP had broken upwards the long time descending trend line, forming an ascending channel. I think XRP is very bullish at the moment, it just rejected the support line of the channel, confirming the pattern, now looking to increase until the resistence level. It is the fourth rejection of the support line, confriming the strong pattern. Now it is a...

ChitoiuAndrei2308

OMG has successfully tested the 9$ support level and strongly bounced off of it. I believe the next move will be a long to 11.5$ which is the channel' s resistence. Until the 11.5$ level we have another major resistence around 11$. TO THE MOON GUYS. KRAKEN:OMGUSD

ChitoiuAndrei2308

XRP is currently forming a potential bull flag which means we should expect a breakout to the 1.5$ resistence level which was tested previously. If we break that level XRP is going to rally again. BINANCE:XRPUSDT

ChitoiuAndrei2308

I believe that ADA is going back to the inferior trend line where it'll be a good opportunity to buy again, around the 1.1 dollars value. I don't think it'll follow the trend and go now to the upper trend line because: - we have a resistence where in the past it couldn't been broken - the RSI shows that ADA is already overbought so it doesn't have the power to...

ChitoiuAndrei2308

I see on the chart a possible retracement to the nearest support level which is around 9.1 dollars and then a trend following pump to the resistence level which is 11.5 dollars. This is a good buy moment considering that the RSI shows that omg is undersold at the moment or wait until it tests the support level. KRAKEN:OMGUSD

ChitoiuAndrei2308

Etherum is currently meeting the trend resistence and is ready to break it due to the bitcoin influence, which will reach new all time highs. KRAKEN:ETHUSD

ChitoiuAndrei2308

Bitcoin followed the trend and it's ready to touch new all time highs, the next resistence being somewhere near 70k. BITBAY:BTCUSD

ChitoiuAndrei2308

Etherum should follow the trend and go back to the 1.6k support, followed by a pump right to a new high near the value of 2.2k on the trend resistence. I think a short is a wise choice KRAKEN:ETHUSD now.

ChitoiuAndrei2308

Bitcoin is currently on the trend line support, which means we should see a trend following until it hits the trend's resistence which is 70k. Although, if it fails our first major support is at 55k, which was also tested yesterday. I think a trade with TP at 69k and SL at 55k would be a good idea. BITBAY:BTCUSD

ChitoiuAndrei2308

We can see that Etherum broke out of the range in point 7(didnt't followed the trend line) and it's currently on a previous support tested before which we can see in point 1 to 6. Scenario 1 - Etherum tests the current support and bounces off . Price around 2050 $ (point 9) In point 8, it tested the support and then bounced off of it, which gives us a strong buy...

ChitoiuAndrei2308 Updated 

Looking on the RSI, Bitcoin completed a double top, next days we should see where it's heading.