Not the biggest fan of XRP, but it honestly looks like its getting ready for its next moon mission. The risk/reward right now is too good of an opportunity to give up!
ICX is one of many alts that are currently printing new all time lows, entering into price discovery. $VET $MFT $SC $KEY are some other examples that are also printing all time lows. I wouldn't necessarily sell here, but you should be very careful when buying alts right now. There are some exceptions such as $GRIN $BEAM that are looking very strong at the moment...
$GRIN has been in a complete downtrend since its listing on kucoin, but it looks like it may now be finally forming a bottom. Grin actually has good fundamentals, and once this coin gets going I expect it to pop. The red box represents a key area where I think we should bounce. Going long here with a stop loss set at .00026, as breaking down through that would...
Why am I bullish on ZIL? Well for one, we have seen the highest daily volume ever recorded for $ZIL recently. It also looks to be forming an ascending triangle, which is inherently bullish. On top of that, $ALTS in general have reacted very well to this recent $BTC retrace, which leads me to believe we are going to see some strong alt bounces across the board....
What a beautiful chart! We are currently sitting at support and looks like we should bounce from here. I think we at least make it to .04 BTC. If we eventually break .04, .053 will come fast. Breaking below the green will invalidate this idea. Not much else to say! Lets see what happens... :D
We are currently consolidating just right above the $250 support/resistance level. This is a key level, and i think as long as we can hold above this level, ETH will be visiting the next resistance at $350. The trend is your friend, and etherium has been overall bullish since 2019. Don't let lower time frame chop fog your view of the big picture!
XRP has been in downtrend all year long, and we have finally reached the most significant support. I think the r/r is great to go long here. If we don't bounce in this zone we are looking at another 30% downside to the next support. And we all know when xrp gets going, it goes hard. I'm long on bitmex from 4091. Hopefully this ages well!
Right now ETH looks beautiful on the daily. Golden cross just happened, and we are currently consolidating at the top of the ascending triangle. Bitcoin also consolidating at resistance, it looks like we are about to have another leg up. Lets see :)
Could this be the meme line of truth where xrp finally bounces this year? I think its a decent spot for at least a bounce, so im punting a long here with a tight stop.
ETH formed a picture perfect ascending triangle. Looks almost identical to BTC before it broke out. Looks like its eth's turn. Lets get that money boiis
With the stock market looking very uncertain, gold and silver are looking like a great buy going into 2019. Gold seems to be forming an ascending triangle, with end of year targeting the mid 1300's. Gold looks like a great investment for 2019.
Here is some hopium for you guys. Right now things are looking eerily similar to 2014. In 2014 we broke down below yearly support, and dropped about 49%. In 2018 we broke below yearly support and dropped about 45%. If it were to play out exactly like 2014, we would drop 49% to about 2900, which I think is definitely still possible. If BTC repeats the cycle, this...
US stocks are looking pretty bearish. The key yearly support at around 23300 (green box) was broken, and I think we still have a ways down to go. I think there will most likely be a bearish retest on that yearly support, where we will get denied and continue our descent downwards. There is the possibility (slim possibility) that we somehow break upwards now and...
I personally believe gold and silver will continue to be bullish, especially with the stock market looking so unstable. Silver bounced nicely off of previous support, and seems like it will be generally bullish through 2019. Seems like a pretty safe buy right now. Target for end of year is $19-$20.