Bitcoin is ending wave C of retracement 4 of a weekly / monthly timeframe and with a possible Wyckoff, previously in the fear and greed indicator almost whenever it reaches 12 it tends to rebound and the last time was the one that took us to a new bitcoin ATH. We will see what BTC does.
Apparently following the past $ BTC is still in correction with decrease in volume. With the logarithmic fibonacci we see that the 150% and 161.8% area is a strong resistance area that previously was the same, at the moment it breaks it may be that we reach the 200% - 230% fibonacci area which is the previous objective of $ BTC. INDEX:BTCUSD BINANCE:BTCUSDT
XRP is doing a very nice Elliot wave count for a potential exponential rise, in JANUARY it will see something with the SEC which is with which it has a demand and has a high probability of rising and exceeding all-time highs of about 3- 4 years that do not come, it can be a great opportunity, if you want a crypto that still explodes, I present to you XRP. No...
The Australian dollar against the Canadian dollar appears to be making a triangle in formation as a driving wave 4 to continue declining. It is necessary to wait if in the marked zone there is a distribution zone to continue with the decrease in temporality of 4 hours
China banned cryptocurrencies, but historically this has caused the BTC to boost and with it the altcoins and with it possibly some coins reach their previous historical maximum and others pass their historical maximum creating a new ATH. One of the cryptos that I would like to buy in this "BTFD" is VET which has great use and has a lot of projection in the future.
There is a potential rise in POLKADOT "DOT" that can make it reach $ 100 USD. The news is that the Polkadot parachains are going to start and the project I won is going to be blocked Polkadot for 1 year and 8 months, which would mean less supply "Law of supply and demand".
The USD CAD daily chart is bearish and is already in the daily entry zone, but to optimize the entry by lowering temporalities, it is seen how they take SL from sales and then lower, which leaves liquidity in that zone that can possibly go from Again, the big ones in the market 🐋 take out their buying operations and keep going down.
Ripple is personally undervalued, in this last upward momentum of crypto and with a potential that wins the case of the SEC, it can boost a lot reaching up to 5 USD or at maximum enthusiasm 7-10 USD as a final close of earnings. I hope you can take advantage of the idea, buy now or stay out.
In this idea I share how the candle could affect the strength of the market and know possible changes in trend
In the world of cryptocurrencies there are two types of exchange. CEX and DEX. The graph shows the difference for each one. What you should know about CEX: Used to change fiat to crypto and crypto to fiat. CEXs can block your money without warning for any reason. The CEX may ask to verify your identity and origin of funds. Some cannot serve clients...
An educational idea that contains what you need to know about cryptocurrencies if you are new to this world and now that they are a topic to talk about in the world of trading. If you are new this could possibly help you.
BTC may be making the last upward movement for the crypto winter, historically the cycle has been 4 years and its ATHs have been made at the end of years, more specifically in December. Will this year be the exception? Put me in the comments that you think about BTC
Here are some words that are said a lot in the crypto world, possibly you did not know one of these words or if you heard it you did not know its meaning, now you will.
This idea shows the market emotions, represented in each of the phases that the person goes through, represented in images of "Inside Out". Remember, buy when everyone is afraid and sell when everything is euphoric.
Origin of moving averages: They are used to filter out market noise and clarify the direction of the trend, as they eliminate minor movements that could be hiding what the market is actually doing. The average price of a given period in the past is calculated, the result is plotted on a line chart next to the price chart. They are more suitable for detecting...