centuo

centuo

Cardano ADAUSD could continue going up as it can be seen in the ADAUSD Weekly Chart, after breaking the strong resistance at $0.1, now this level will work as support, we might retest this support or continue going up considering a small consolidation till we touch the uptrend (green uptrend line).

centuo

The XRP USD MACD Monthly Chart is looking quite bullish as we might be approaching the crossing of the long-term exponential moving averages.

centuo

In the LINK/USD weekly chart we can see that ChainLink is about to break the resistance at the 5$ price level (yellow line). If this is not the case, it might reverse down to the 3$ level (support line) and retest the 5$ level one more time in a few weeks. In the worst case scenario, ChainLink might retest the 1.7$ level (strong support line in yellow) but this...

centuo

A strong bullish divergence has been formed in the weekly XRP/BTC chart (see green lines in the RSI and latest price action (last few months). We might be very close to a reversal in the weekly. It might be possible to test 1950 sats but unlikely to be below this price level.

centuo

The XRPUSD monthly chart has formed a long descending wedge in the last 2 years since January 2018 (yellow lines). It is likely that this descending wedge is broken in the following weeks and get a reversal in the XRP price action.

centuo

In the last few weeks, we can see that the daily XRPUSD chart is forming a bullish divergence when comparing the daily RSI and the XRP price action (yellow lines). It is expected (with a 60% of probability) to be closed to a reversal in the XRP price in the following weeks.

centuo

ADA/BTC weekly chart is looking very bullish. The ADA/BTC price action has already broken the 20 weekly moving average and it is about to also break the 50 weekly moving average.

centuo

If you see the XRP/BTC monthly chart, XRP price is about to reverse as it is now getting closer to a historical strong line of support (from 2014). We might retest 2000 satoshis but unlikely to go below 1900 satoshis.

centuo

We are still within the symmetric triangle I have identified in the 1 day BTCUSD chart. If we breakout to the downside, it might drop to 5800 $ and continue going up. If breaking out to the upside, it should be strong enough to break the 7800 $ level. Cryptos are here to stay, and even more considering the great Quantitative Easing Infinity ;)

centuo

In my previous idea, the defined symmetric triangle was broken as expected. I have identified a second symmetric triangle (in white) in the BTCUSD one hour chart, that it is about to be broken. If broken to the upside, the expected target is 7800 - 8000 $ or higher with 60% chance and if broken to the downside, the target is 6800 $ with 40% chance. There is...

centuo

Nobody is looking at this symmetric triangle at the one hour BTCUSD chart. I personally give 60% chance that this triangle breaks to the upside and 40% change that breaks to the downside, due to the current conditions. We are now in uncharted territory considering the global economy and current issues with the pandemic. However, with the infinite QE announcement...

centuo

BTC has just recovered and now again, it is above the 200 simple weeks moving average. Other markets still dropping and BTC recovering. However, we need to consolidate above (or remain above) the 200 weeks simple moving average for a few weeks to confirm this scenario.

centuo

As you can see in the monthly XRP/BTC chart, since 2014 till today, XRP has outperformed BTC. If you see the XRP/BTC dropping at the moment, in the short term, that is not a reason to be concerned. BTC is a great asset but XRP has a much lower market capitalisation, which makes it a better candidate to also outperform BTC in the following years including 2020....

centuo

As you can see in the monthly XRP chart, XRP is already touching the ascending channel. I have modified my previous XRP ascending channel chart not considering the last XRP ATH. It is 70% probably we start going up from this point. When measuring the current situation, probabilities and checking the corresponding monthly XRP RSI, XRP is looking very boorish at...

centuo

Taking into consideration previous price action of BTC as well as the next halving occurring, we might be very close to the BTC bottom at the moment. Good opportunity to buy in my opinion. In the worst case scenario we could drop a bit lower to 6500 $ before continuing the uptrend or just start from the current point at 6800 $. By the end of 2021 we might be...

centuo

Great opportunity in XRP. Now you might have a great opportunity to invest in this asset. Provided we are below 0.3. I personally think we might start going up from today and have a reversal following the ascending channel you can see in the chart.

centuo

As you can see in the fibonacci retracement tool, we have 60% of possibility of continue going up and 40% of possibilities of having a reversal to the downside. We need to check the behaviour in the coming days but bitcoin looks bullish in the long term and in the shorten 60% bullish as a possibility.

centuo

In the chart you can see how bitcoin since it dropped to 3200, it is isolating between the 200 and the 150 weeks moving average. It might revert the current movement once it touches the 200 weeks moving average and retest the 150 weeks moving average. Please see the YouTube video: www.youtube.com for more details.