Make it simpler, trend line broken, retested, now time to go back down. Not necessarily today, it may take a few months, but eventually bitcoin need to test the resistance level of 8,000-10,000$. This wave is far more time consuming than you can expect, boring market ahead! This will be superseded if bitcoin breaks to above ath.
I don’t see BTC yet has the energy to go back to ATH, but maybe some positive moves for a couple of months, and then the last dip.
Very long term trend line is broken down! That is all ai can see. Be mindful of what and how you invest.
Just look at this, a bit scary. The very long term trend long has been approached and market does not show a major tenency to move back up. This could get a bit nasty if bit could not manage to maintain 20,000$ elevation!
ETH/BTC pair looks strong at this stage If, history happens. And only if! If is the Laconic sentence that everyone in crypto word is saying: if! Laconic: "concise, abrupt," 1580s, literally "of or pertaining to the region around ancient Sparta in Greece, probably via Latin Laconicus "of Laconia," from Greek Lakonikos "Laconian, of Laconia," adjective from...
This is similar to 2017, when BTC corrected the 2,900 USD level to 1,800 USD. We should be in this area for 4-6 weeks.
Xrp to revisit 1600 sat before major drop
xrp has faced some major fundamental issues which could in short term lead to a major correction. I would credit 0.21 USD and 0.1 USD as major supports. But breaking 0.1 USD could be disasters!
After a very sharp rise followed by the trend line break out, due to some fundamental issue, xrp dropped massively. However, it could still maintain the broken trend line in USD weekly chart. As long as the price is above this line, there is a possibility for recovery. Avoid panic buy/sell, try to avoid major margin (max 2-3), and keep calm. This is not a...
XRP at least smashed 4 triangles and showed no respect to any symmetrical pattern so far in the wave to like pattern, I guess given the MACD Strategy sell on BTC and XRP, it looks like that xrp will retest USD 0.42 to USD 0.46 which could nicely be in line with BTC USD 17,300 and xrp/btc=2500 satoshi. Remember, 2500 satoshi has been a critical level for xrp/btc...
comparing the trend with 2017 could provide some major findings: 1- The pattern is quiet similar 2- The fluctuations are much less than 2017, giving the news that the BTC market is much more mature. No financial advice.
It is quiet clear that EOS is one phase behind most of Alt coins. It did the ATH a bit later than all other coins and obviously the correction ends on a later stage. Closure of weekly candle above USD 3.2 on EOS should be taken very seriously, this coin alone could make us rich! I don't have any idea where can it go? ATH? more? 200 USD? I don't know, but a...
From the time I got to know xrp, 2500 satoshi has been an essential static support/resistance. I cannot definitely advise whether it could maintain this level or not, but if it does, the next essential resistance is 6000 satoshi which is some 140% more than current price. In case of failure I will say good buy to xrp for some times (maybe forever). Risk to...
If and only if the history repeats itself on LTC, we can see an uptrend of 3 month to touch ATH around 350 USD. This could continue further with an ATH breakout which could possibly take us to some 3,000 USD. This is not a financial advise. This is a very simple chart, on monthly candles, and may fail. I personally walk with market, currently holding some...
Simple! It is not the time to sell LTC against BTC. It is the way around. set you sell at 0.012 btc which I expect to be somethin around 250-300 USD.