BTC is finally trying, the money is coming in, The selling is decreased while the buying is increasing, that's a wonderful thing for the bull side, previous resistances has been broken just one more to go and that's the 88-90k wall, if BTC somehow pass this wall then we might see a 102-109k rally again, and possibly ATH if we get lucky! For now let's enjoy the...
A break out on gold above the 3k is significant and a clear indicator that Gold just wants to keep going higher. Now there is no stopping this shiny metal, Let's hold long and see where it goes. I adjusted my targets a bit from previous charts due to more data coming in, however the targets are very similar, I will keep updating the charts as we get more data in.
I am posting here a Cheat sheet plan for long term BTC buy and zell zones, let's see how it age.
BTC is trying but 89k is becoming a strong resistances, I think it has to test supports (85k, 81k, 79k) again, so bounce above one these supports to then retry going above 89k again.
I am buying some more here, BTC holding above 85k then we go to the 99k line eventually and hopefully beyond. Staying below 78k is bearish. There is a stronger chance for BTC to break to the upside, however a lots of sales are happening But I am seeing big money coming in, so the chances are for a bullish continuation.
I am buying a bit of BTC here because I didn't have any, I am going to start loading bits of BTC at the time, BTC is hitting a major points of possible bounce, The other possible bounces are at 75k, 52k, and 32k So plan accordingly and you don't have to do what I do, The only reason why I am buying BTC here is because I didn't have any and BTC is at one of the...
BTC quick update, it seems like it wants to stop here, I think it will start ranging from here to 89.2k, if it goes above it there is still hope, staying below 89.2k then more down for sure, so holding 89.2k is the next plan, if it fails to stay above it, just save some tether for the long run, BTC hasn't fully turned around yet, So assume bearish market, Just...
BTC is leaking some money but not as bad as most alts. BTC is creating a strong support here at 94-95k, Hold this levels and we might see another push to the 100s However sells are not happening and buys are not happening, so the most likely scenario is sideways for a while until we get close to May, June, July, I am getting ready for a bear 2nd Quarter, a...
Man I knew it was going to be going sideways (as per my previous chart) but this is a bit too much, anyhow I think the long wait will pay off handsomely first by going down a bit to targets already mentioned at 94.5k but didn't hold last time, chances are that it will not hold this time around, so the most likely scenario is a retest of the 89-91k, then a serious...
Around this time in 2021 BTC was about to make a final push to sell off the top, then there was a pull back to them do a higher high, which ended around the end of the year, It is looking very similar to the 2021, RSI was on the same position, SUMA Cheat Sheet was also at the very same position (you are here text) I still think BTC could do another push up, but...
It seems like 94.5k is a strong point of support (as per today) and I was expecting, for now I will be buying this support area 94.5k and I am expecting a push back to the 99-100k area and if it hold strong and pass resistance of 102k then I will let it ride all the way to 109k and see if it makes another all time high.
It seems like it is too soon for the markets to stop trending up, what is happening? To make story short, there is no money! Orders are becoming fewer and fewer only bots remain trading all day, lots of folks going into gold, holders buy and never comeback in many years, if this continues there is not going to be another option for to lower prices. XRP failing...
Running some calculation vs inflation and I see a bright future for gold Long Term.
BTC on the short term has to test support at 96.2k again hold and we might see 101k again (yey) However the most likely scenario is a little bouncing around the 94k area, then a retest of the 89-91k area. Long Term: Not so great! BTC rejecting the 110s and not holding support of 101k is bad enough, Next support is 91k, Not holding support at 91k would be bad...
BTC is really trying but a pullback is the most likely scenario now, however how bitcoin or the market react to the pullback is what matters, My prices to watch out for is 101k, if the price of bitcoin holds above or at around this level then it will bounce hard and we might see another all time high, however I see this possibility as a very slim or weak but it...
XRP is never been looking this good forever since I am watching it 2017 or so, However this year lots of fresh and old investors are lining up to buy XRP at still penny stock prices, If ripple manage to keep things interesting it might be a good contender to SWIFT, however I think SWIFT is not in the position to contest superiority, but instead to facilitated...
The market is volatile and no one can predict its movements, however all future moves in this cheat sheet are pure coincidental.
It is my humble view, all future events are pure coincidence.