Every Bitcoin blow off top has bubbled above this trend line in it's entire existence. Does it mean it always will? No. The question is.. Will it do so again? Lets do a survey. Thoughts down below A, B, C or D non of the above something else. (Explain your thoughts on D)
Lets take a look. Price goes up and indicator goes down you have a bearish divergence which means price should eventually follow. Price go down and indicator goes up we have a bullish divergence and the price should eventually follow. It's all on the same chart, break out expected soon... Which way? answers down below.
Here we have a chart of SNX on the two week chart. SNX has printed a dragon fly doji and has broken its downtrend. The RSI is also showing a bounce off the low. The target is $55 to $60usd. Also I have linked the original call for this SNX move that I made on June 30 vs Ethereum. Chart analysis = risk management Thank you
This trade alert has a potential of a 3,4,5 or up to 6x versus Ethereum. We are seeing a bullish divergence starting to playout on the RSI and a possible break out is due. Resistance and support are shown and can also be take profit zones as well. Thank you for looking.
Im not saying this pattern will playout as I have drawn but DGB is has lots of good things going for it. Too much to be coincidental for me. I will be paying close attention to DGB over the next weeks and months. Bull flags, cup and handle, trading channel, support and resistance and it all lines up with the RSI does as well!! Thank you for looking.
Taking a look at BTC on the weekly shows us strong support at 35k. Its dipped down below 35k but has continuously closes above. Last week was the biggest dip and ended up printing a hammer candle. Lets see if THOR finds this hammer and throws it at 100k. Weekly cross up on stochastics could prove to be very big when it does. The last time the stoch's crossed...
All major supports drawn in and holding well so far. Having said that, time may be running out on this consolidation dip. Capturing and holding levels with a break out of the down trend of the RSI could be the rekindling's of the next big move up. What we are looking for next. Break out above 38k and hold, then a move above 42k with a hold. Agree or...
Well.... here it is people, the simplified XRP chart chart you've been looking for. This chart tracks the movement of XRP since the Mexican beer crisis in March of last year. It will be interesting to see if it maintains it's growth over the next few weeks and months. If it follows suit the charting here shows another possible top around the second week in August...
Here we have the DXY again but on a bigger outlook from the weekly. What we see here is a strong support at this level of 90 to 89 on the DXY. Breaking this support leads to a fall to 80 and possible into the 70's.
The DXY has made some moves in recent times but is it enough to change the trend? Lets keep an eye on it and see. If the trend continues and it goes lower, Bitcoin and gold should keep trending up. Last year I made a chart titled "get out of the dollar" that I have linked here. Until this point it has proven to be a solid outlook but is it still the trend is the...
This is a follow up to yesterdays silver chart and a closer look to what we really have going on with silver. Silver investing is a macro look and any price drops are gifts the JP Morgan gods. As we can clearly see we have golden cross on the monthly chart rapidly approaching and shows that silver is in a long term bull trend. If you are looking get rich quick...
If you have missed out on bitcoin or feel your position is not as strong as you want, or perhaps you want to diversify a little. By simply looking at this chart and understanding chart patterns you can see that silver over a forty year period has been forming an almost perfect cup and handle formation. The cup and handle is not confirmed yet and may take another...
The Bull run is still very intact!!! This weeks end will tell us a little more on our candle stick but we are still very bullish here. This could be a grind for the next couple months but I believe we are still going much much higher. The only thing new (never happened before) in a bull market is a hash ribbon capitulation but its a bullish signal. This correction...
Is this zombie spawn of Bitcoin about to wake up? Marked in the chart are the resistance and support zones. Lets see if BCH is still relevant moving forward? In my opinion it would need to make some sort of move against BTC to do so. *Success is a series of small victories*
BCH showing like it's done with zombie mode and going into beast mode. Looks like the dollar crashing has startled this zombie and is starting to devour dollar bills faster than the fed can spit them out. Is too little to late or just in time? lets speculate. Levels drawn out. Not Financial advise, entertainment purposes only.
Digibyte in my opinion is sleeping giant and will mint millionaires this year. I wouldn't sleep on this coin. A move above the RSI downtrend is a very bullish move. It has in the last year also been more easily available for people to trade and buy than in previous years. Digibyte also has some of the best tech in crypto and in my opinion will have a bright future...
A break out above the RSI downtrend is extremely bullish against Bitcoin. Expect volatility but if and when it breaks above the RSI downtrend it will move very fast. Be patient with strong hands will be rewarded. Im not a financial advisor this is not financial advice.
Nothing is set in stone and all models should be wrong or made to be broken. Having said that, if you see DGB any where around 18 cents in April are you buying or selling?