Let's state the obvious: this is a crazy idea. But my years in Bitcoin have taught me to expect the unexpected and that even the most bullish Bitcoin-maxis tend to be too conservative in their targets over time. So let's go for it, we only live once. The BASIC IDEA: this bull run will end like 2013, not like 2017, and because of lengthening cycles we are actually...
Tis' the season for suckers to become convinced XRP is the future, so of course our seasonal pump is incoming. Expect: Step 1: 500%+ up (target .00014) Step 2: 50%+ down (target .00007) Step 3: 1000%+ up (target .0007) Step 4: Full retrace Enjoy and trade responsibly! Affiliate: www.binance.com
Since everyone is asking what else to buy than BTC, let's have some fun and try to turn 0.05 into 2.5 BTC in less than a year by investing in altcoins! I have selected 13 altcoins to invest in, where I believe the average potential exceeds 10x within 12 months (End of January 2022), which would turn 0.05 BTC with 5x leverage into 2.5 BTC. To earn BTC, we will be...
Back in May, I predicted BTC at $30k by NYE '20 , due to the massive Inverse H&S we had been building since Oct '19. To my great shame, we didn't break $30k until the 2nd Jan, but I'll still venture another educated guess for the year ahead. We already reached the target for the Inverse H&S and had a quick correction as the market reacted strongly. There are...
Looking very bullish, close to a breakout from 2-year trendline, should go to at least .0016. If it breaks above that, we could see a repetition of OMG/BTC. The rest is self-explanatory.
The final dump is coming, but every day that passes it will end higher. Currently projecting a 1800$ bottom, but we might get away with 2100$ in best case scenario. Otherwise the chart says it all.
I've been encouraged to publish more idea, so let's start with OMG. I don't know and don't care whether it goes up or down, though I'm personally biased to the upside, but this chart shows the key levels to watch, regardless of direction. In brief: we broke back into an old triangle after an extended period of accumulation and we're coming to the end of that...
To me it's kinda obvious what's next: this massive inverse H&S has been in formation since Oct 2019 and would take us to at least $17k. We also need to catch up with the parabolic trend (around $30k atm) to repeat 2016/17, which I think we will by the end of the year, and this is the beginning of that move. Thoughts? PS' There is no way to know where the right...
The chart says it all, but in brief: the price is way below the parabolic trend from 2017, but remains solidly above the long term trendline support, suggesting we might see a sharp jump in the short to medium term. Stochastics are looking good, trend is looking good and the upside is tremendous.
BITFINEX:XMRUSD Low risk, high reward. Entry below 70$. Targets at 75$ 82$ 99$ 142$. Have fun!
More precise levels, using this to trade. Adding to longs on the right shoulder.
May this be a comfort to you in the darkest corners of the chart.
.. we paid attention to lines and triangles like these. (Likely long, mostly neutral)
Cleaning up my previous idea. Target still 12k.
Fans of XRP were a bit to excited to see BTC correct almost 50% over Christmas, while proclaiming their own darling was on it's way to impossible gains. Now XRP has already had it's own 50% correction and more blood may be coming. If XRP fails to break this massive H&S, expect a further retrace to 1.1$, representing a painful 66% retrace for XRP bulls....
Anyone who thinks BTC will drop hard from here have been smoking their own socks. Look at that spiderweb of trendlines holding it up. And I didn't even bother adding support lines. However, we could drop hard later, after banging our heads again $16-17k for a while. Stay long for now.
Running out of space between the upper downtrend line and support around $12k, yet plenty of lines to break over and under in between. We're looking at a civil war in no mans land: unless something unexpected happens (which granted, it always does in crypto), we'll be going sideways for the next two days.