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BTC USD might be entering one more time the ascending channel in purple. In order to achieve this, BTC should reach the $30K price level. At the current price level at 23K, BTC is already above the 200 weekly simple moving average one more time, which is a bullish sign. We need to wait and see if the current weekly candle closes above 23K to get a bullish...

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BTC is currently holding the multi year support well at around 27K. Historically since its inception, BTC has respected this support. The crypto fundamentals are the same and even better each day.

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As seen in the monthly chart, the XRP USD price action has just bounced from the 21 monthly MA as in the case of BTC. This is a very bullish signal. The XRP USD price action might retest the $1 mark in the following weeks.

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Cardano ADA is looking bullish one more time. At the moment, the TVL of Cardano dapps is increasing dramatically (more than 250 millions in a few weeks) considering already 6 dapps fully working and 400 dapps in development. Also, performance is about to increase even more in terms of new improvements coming soon, keeping security high and no downtime so far since 2017.

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No need to panic, BTC is still above the 21 monthly MA.

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When checking the Cardano ADA weekly chart, the market structure remains intact. Many Cardano DEXes are about to be released in the mainnet and existing ones are getting better in terms of performance. This is a good sign and the chart seems to be bullish so far.

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Cardano ADA might start having a bullish reversal on the ADA/BTC weekly. Very soon Cardano dApps will start working on the Cardano mainnet and this will affect the ADA price action in a great deal. One of the first dApps might be SundaeSwap: Cardano DEX, and then after this release many other dApps will be released, making the ADA price action very bullish.

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ADA might start moving up from here to ATH on the weekly. ADA is one of the coins that has performed well this year. Considering the number of new releases coming soon such as new dapps as well as new Cardano development tools, it is likely this trend up will continue. We might get to $8 or $10 or higher in this bull run.

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A bullish divergence is already being formed between the daily BTC price action and daily BTC RSI. Also, we are very close to the FIB range of 0.618 in the daily, meaning that if we get higher than 31k USD, in the next few hours or days, this will indicate a bullish pattern, propelling the price action higher towards the BTC ATH.

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The daily BTC chart is showing that the price action is finally touching the 200 daily SMA and, therefore, it seems to be closed to a bullish continuation pattern, making it highly possible to bounce from the 200 SMA. The daily RSI is also quite oversold at 25, we have not seen this level of RSI since March 2020. BTC is likely to continue to 100k from this level...

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The 4H BTCUSD chart is showing the formation of a rising wedge and we are closed to the end of this pattern formation. It is incredible how BTC has reached these levels surprising everybody. However, a healthy correction is needed to maintain the trajectory to 100K this year. It is likely (with 70% of probabilities) that this rising wedge is broken down and we hit...

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In my previous idea I was considering 26K USD as the top in the BTCUSD weekly chart for 2020, but amazingly Bitcoin has gone even higher at 28.3K. There are two possible options at the moment, at the current price level: 1) To continue going up to 30K which I personally think it is unlikely as the weekly RSI is already at 90. 2) To start a correction from 28.3K...

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When checking the BTCUSD weekly chart, Bitcoin price action is getting closer and closer to a major correction. In previous ideas it was not clear whether Bitcoin was going to break 20K but it has done it. After this amazing price increase in the last few months, we might hit 25.5k or even 26k but the weekly RSI is now at 90 which has been the highest point for...

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BTCUSD is correcting as predicted in previous ideas. See related ideas. We have already touched the weekly RSI at 85 and start the correction at this point (yellow circle in the RSI). Now the BTCUSD price action is about to break the 0.236 fib level at 17.1K and the next targets to get partial profits are: (1) The 0.382 fib level at around the BTC price $15.7K...

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When checking the Weekly RSI on the BTCUSD weekly chart, it is clearly showing we are close to a correction of at least 20%. BTC is long term bullish but we need to have a healthy correction now after so many weeks without one. As you can see in the weekly RSI, highlighted in yellow circles, the BTC price action (now at $18800) and related RSI level is touching...

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BTCUSD Weekly chart is looking bullish in the long term but bearish in the short term. As can be seen in this chart, the weekly RSI is nearly 84 (yellow circle) which is extremely overbought and we need a correction of at least 20% to continue going up. It is possible to continue going up from this point but very soon a correction is more likely. The short...

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The XRPUSD Monthly chart price action is still within the yearly ascending channel and it is also about the break the 3 years long symmetric triangle (ST). There are many factors that could make the Ripple XRP fundamentals even stronger in 2021 impacting in a very positive way the price of XRP. 1) November 12/12: Airdrop of spark tokens as well as introduction to...

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The XRPUSD weekly chart is clearly showing that we are about to break the 3 years long symmetric triangle. Also, the price action is one more time within the ascending channel and it remains above the 50 weeks simple moving average which is a very bullish sign. We are nearly at the end of the 3 years long symmetric triangle (in white lines). If it breaks this...