The 50/200 MA's have crossed over on the ETH weekly chart and as you can see a very symmetrical bowl has started to show its forming. I expect we will consolidate along with BTC then push upwards past 304 once BTC breaks and holds above 12k.
XRP has been stagnant despite the various news and TA we've seen over the past few months. The daily charts have shown a golden cross, but we've only seen the channeling of the token between 30c to 50c. In the coming weeks, we should see the next big MA crossover coming around July 22nd which could trigger a breakout. XRP continues to follow the general ups and...
The daily and weekly PSAR's have flipped to bullish as we crossed over 9k. The next psychological barrier remains at 10k and if we cross that barrier that will trigger the end of a crypto winter for many doubters. This will in turn cause FOMO in the public and drive prices up. The projections of 60k+ for BTC are realistic if you review a parabolic curve. The fib...
The MA20 and MA50 are on a collision course set for around June 10th. We can assume this is the start of a long term bull run if the MA20 crosses over the MA50.
The charts show NEO is preparing for a PSAR flip, this could confirm its next bull run.
According to the last CBOE futures contract expiration, we can probably expect a continuing bear market. My best bet is the candles will head towards the MA200.
BTC has historically taken a 61.8% Fib retracement and continues to follow this trend over the past year. The introduction of institutional investors has only grown the total crypto market cap from 14b a year ago to 552b today with an ATH of 643b. (Approx 4000%+ growth). BTC dominance continues to show a downward trend as it new money flows into BTC and crypto...
IORG has broken the MA and the MACD, RSI and CCI support a further run up.
Looks like RGFR is ready for its next leg up. Candles are getting closer to the MA and bottoms of the candles are getting higher as it continues to meet resistance in the 70's. MACD looks like it's priming for a uptrend as well.
Looks like XRP has met its bottom and is on the beginnings of an uptrend. We shall see at the B2X suspension unveils where money will flow!
The run to 3k and 5k both had a 61.8% FIB retracement.
The last two runs up have shown a 61.8% FIB retracement with the latest run to 5867 being the steepest this year. If 5867 continues to be the new high, then I predict BTC will reset to 61.8% at $3971 based off historic data.
The .45 closing for PLFX caused the stock to tap resistance for a 4th time while prepping for a golden cross right when there was a squeeze. Support held at .31 since June 29th. MACD has a large upward alligator mouth, RSI is slightly overbought, STO overbought and CCI has shown a steady upward movement since June 29th. Hopefully news releases and the CCI can stay...
I think the chart graphically depicts the P&D's coinciding with the various conferences Ripple attends. I expect another pump coming between the XLM/STR giveaway tomorrow and Bank Tech Asian 17.
BLUF: PLFX will be making some huge PR notification in July as Jordan Fiksenbaum establishes his position as the CEO and Pulse Evolution takes on Las Vegas with its holographic live performances. Expect move up to QB then big boards. PLFX CC June 22, 2017 Caveat – finances, expenses cab be different when audited – GAAP or non—GAAP Revenue activity has...
Looks like we might be coming out of the reset. Plenty of oversold indicators. The candles are starting to break the middle bollie. Looking for a reversal shortly.
ETH has a long ways to go before it goes Bull again. It's currently under the 200MA and on the lower half of the Bollie. Keep an eye on it if it crosses the middel bollie and starts a reversal.
Litecoin is heavily oversold as indicated in the charts with the yellow circles. Expect a heavy rebound once the selling is over.