The first chart shows XRPUSD from May 2017 to Dec 2017. The second chart shows XRPUSD from early 2021 to current. Both charts start off with a "U" shaped dip and rise, followed by a slow decline to the support level of the "U" (shown by a white sine wave). The yellow curve on both charts shows price dropping below this bottom to a new low. Purple line marks...
Long term cup and handle formation in play, targeting $150 in next bull run. Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no...
Long term cup and handle in play, with potential target above $2. Disclaimer: Keep in mind that market predictions are about as reliable as a weather forecast in outer space. Use this analysis as a conversation starter, not as financial advice. Investing in cryptocurrencies carries risks, so do your homework and make informed decisions. Remember, no crystal...
Cup and handle pattern on the long term chart of KUCOIN:XDCUSDT XDCUSD. Fib levels show a 2025 cycle top price target of at least $0.75 (25x from today's price of $0.035). If fib level 2.272 is hit, that would put the price of XDCUSD by the end of 2025 at around $3 to $4 (100x from today's price). Disclaimer: Keep in mind that market predictions are about as...
Once the $40,000 ceiling is breached in Q4 2023, it will be a straight road to $100,000 within 6 to 10 months. The bitcoin halving of April 2024 will come and go. A major correction will only be after a top of $100K to $150K around mid-to late 2024. This will be followed by a mini-bear market / correction to the previous ATH of $60Ks. This correction won't...
Through meticulous analysis, the three charts displayed side by side present a captivating comparison between silver ( TVC:SILVER XAGUSD), gold ( TVC:GOLD XAUUSD), and Bitcoin ( BNC:BLX BTCUSD). Spanning from the 1970s to the present day, these charts provide a comprehensive view of the remarkable journeys undertaken by these assets. The first two charts...
Chart on the left is ETHBTC zoomed in to the first 2 to 3 years after inception. Chart on the right is ETHBTC fully zoomed out, from inception to now, about 8 years. There are remarkable similarities in both time frames of the same chart, as noted below: 1. A sharp decline, followed by an immediate price pump. 2. The rotated rectangle shows a drop in...
Focusing on the Fib wedge here, it can be seen that each Fibonacci level has marked Bitcoin's top so far. 1. The zero point of the fib wedge is exactly where BLX price starts from at around $0.05 in 2010 2. The first fib level 0.236 marked the top around $30 in 2011 3. The second fib level 0.382 marked the top around $1100 in 2014 4. The third fib level ...
The Dollar Index (DXY) is generally considered to be inversely proportional to Bitcoin (BTCUSD). This chart shows many other similarities that can be noted when overlaying BLX (orange) on the DXY chart (blue). The biggest takeaway with reference to Bitcoin's price movements is that it's possible, contrary to the popular belief of 4-year cycles, that BTCUSD is not...
This chart analysis reveals an interesting pattern in the total market capitalization of cryptocurrencies. In 2018, we observed a notable red horizontal line that acted as support on multiple occasions, as indicated by the yellow square. However, as the market dynamics changed, this line transformed into a resistance level, denoted by the pink ellipse,...
Fib retracements for each major phase since the beginning. Each phase has corresponding fib retracement levels to previous phase. For example 0.786 of each phase aligns with 0.236 of the preceding phase. If this plays out again, it would suggest the next major top at around $333,333.33 (approximately) for BITSTAMP:BTCUSD Furthermore, Fib Time Zone extensions...
Price is certainly eyeing $200. When is the question.. By 2025 to 2027 maybe?
USDT.D has been inversely correlated to BTCUSD. Looking at major tops and bottoms of BTCUSD in the last 4 years and noting the price action of USDT.D at same intervals, several patterns have been noted. Overal trajectory is an upward channel with BTCUSD tops marked by a touch on the lower channel, and BTCUSD bottoms being bormed when USDT.D breaks above the...
USDPKR is closely following USDLKR before the Sri Lankan Rupee hyperinflated in April 2022. Below USDLKR can be seen creating a pattern in 2020 and 2021 very similar to what FX_IDC:USDPKR has been doing in the last year. Here is what happened after Sri Lanka defaulted, and FX_IDC:USDLKR went from 200 to 360 in a matter of days Given the above...
Greetings fellow traders and enthusiasts, Today, we bring you an interesting analysis of the XRPUSD charts on Tradingview. As you may know, XRPUSD is a popular cryptocurrency that has been in the market for some time now. Our team of financial experts has analyzed the charts and we have identified a fractal that we believe is worth exploring. Chart 1 shows the...
Using Fib time lines (from Gann square ) on USDT.D, shows clear correlation with previous 3 BTC tops. (7th chart above, direct link: ) Currently shows us being at a bear market top of $25K in Feb 2023, playing out similar to the $14K top in July 2019. Next 2 top dates are Nov 2024 and August 2026. Nov 2024 will mark BTCUSD top around $150K to $200K. August...
Using Fib time lines (from Gann square) on USDT.D, shows clear correlation with previous 3 BTC tops. Currently shows as $25K top in Feb 2023, playing out similar to the $14K top in July 2019. Next 2 top dates are Nov 2024 and August 2026. Nov 2024 will mark BTC top around $150K to $200K. August 2026 will mark a bear market top around $80k.
USDT.D is about to start its downtrend, signaling BTC is about to start its bull market, as they are inversely correlated. Before that happens, there is a possibility of one more leg up for USDT.D, which would mean one more leg down for BTC.