500 Billion growth in about 2 weeks. Does it sound sustainable? I think not. This crazy growth needs to be corrected before continuing up. I think this aligns perfectly with my other chart - Expect a correction mainly from BTC which will pull ETH and other main alts together with it to main support levels as outlined in the charts. After correction, I'm...
Last 2 top-of-the-channel shorts were on Sundays. I presume one of the reasons is because institutions are not buying on Sundays or weekends. I would be looking for reversal at top of the channel and taking profit at 200 MA if you're shorting or buying back at 32-36k levels. This would be perfect accumulation before continuing to well above $40,000. Not a...
The probability this will play out exactly as I think it will is around 5%. Probably even less. But there's always a chance. 0.44 is strong support with ascending bottom trend line. If that holds, we have 2 triangles coming our way (respecting both top and bottom trend lines) which will 'squeeze out the prices'. 1st resistance after squeeze 1 is 0.6 + top...
Bullish ascending triangle - I think ADA is about to zoom past by $0.18 to AT LEAST $0.22 in the next 7-10 days. Big fan of this project. This is not an investment advice. Do your own research.
This is going to be interesting. Current price action is driven by SEC suing Ripple while the XRP is in the major bullish descending triangle. If the 0.44 holds it could bounce back up. If not, it's going down, down, down, down...
Broadening price pattern with 3 touch points on the top trend line and waiting for 3rd bottom touch point if it continues to go down.
Monero primed for big moves. Short terms and long term. I'd wait for definite confirmation over $165-175 for short term, take profit $270-300. Long term, I think it will pass $1000 easily in 2021.