dragononcrypto

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Part 3 of If Bitcoin Repeats History? . This worst case scenario extrapolates the second half of the 2014 bear market going into 2020 with ATL at $2,500 and new ATH in November 2021, as well as reaching $30,000 within the same year. This assumes a double bottom will form in April 2020 prior to the halving, followed by 1.5 years of accumulation/consolidation, with...

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The daily bars of the 2018 descending triangle are starting to match the current 2019 descending triangle. If the bearish breakdown also repeats itself in the same way, then this would be the outcome, continuing on from where the charts fit together. Notice how a similar bearish breakdown would take us to the 200 Week MA, given its current trajectory. This would...

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Price has broken above the 200 Moving Average, target for the triangle breakout is around $198 as shown by the golden line. Position taken @ $186.09, stop loss $180 (due to weekly turning bullish) rather than $183. Will move stop loss up to $183 if price gets instantly rejected by $191 area of resistance. Target is $199 (2.11 ratio). Note that the 50 Day MA is at...

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Similar to ETH's ascending triangle that developed in past two weeks, Litecoin against USD on the 4hr is in a much cleaner bullish ascending triangle while facing resistance at the 200 MA. The 50&100 MAs have already had a bullish cross, oscillators are looking bullish. Will open a position above $73.25 (above previous swing high) with tight stop loss at $69...

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HOTBTC Price has reached it's Binance August 2018 low* of 8 sats. Currently consildating in a range between 7 & 10 sats for over a month. Testing 50 Day MA, 100 Day MA is in line with falling channel resistance. Bullish divergence on the RSI & MACD even if CMF looks tragic. Long-term targets: 18-20 sats (2x), 24-26 sats (3x) as well as ATH 46 sats (4x). ...

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Positions x3 as shown with green dotted lines with tiny position sizes (around 5% of usual). Let the hash wars begin. 15 minute RSI entering oversold territory. Expecting a big dip leading up to the fork as speculators take profits and sell off. Golden line is approximate time of hard fork. Anticipation: BCHABC dump post-fork, BTC to follow suit, BCHSV gain due...

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BINANCE:TUSDUSDT Chart shows an over-extended rally peaking to a ridiculous $1.24 for TrueUSD against Tether. RSI on the Daily chart is still overbought at 85 with an RSI double top appearing on the 4 and 6-hour. TD Sequential on the 4-hour showing a 9, so expect a 1-4 candle correction, at minimum. Major support between $1.03 and $1.04 will be the...

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BTC has failed to breach the 10-month resistance trend line currently lined up at around $6,500. Bitcoin will now likely test the $6300-$6,350 support area, or face falling to $6,200 and retracing the recent rally. 15 Minute RSI is bearish (mid 30s) but with lots of room to drop to oversold levels (ie around 15-20). Good 15M volume like yesterday evening...

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Analyzing the Tether Price from Kracken, where according to cryptocompare , 90% of the volume derives from. The stable coin everyone's talking about that dropped 15% against USD. Will it tether back to $1? Tether is finding support at the early 2018 levels of $0.94. It is currently 4.6% away from it's $1 value. Daily TD Sequential is on a 9, hinting a...

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The new stable coin known as Bitcoin is looking notably better on the BTC:EUR chart than the BTC:USD chart today. The 12hr RSI is currently at 59, just below bullish, compared to BTC:USD that has fallen to 53. Low volatility is changing the times. Currently bullish on a close above €5,800, but if selling on the USD pair continues then the EUR pair with...

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Using the Coinbase Dollar pair for sanity sake, a fresh look at the charts. The USD charts are still real. The price has so far mostly sold off from the daily highs and resistance level of $6,800. Similar to in summer, October 15th has already seen high volume (16k) and will likely surpass August 22nd The correction for the day will likely continue...

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Despite popular belief, BTC is still holding within a form of pennant based on the Daily Line graph. RSI positive divergence is still tact and currently facing resistance attempting to climb back into the neutral zone (40). Immediate prices to watch: A break and close below $6,250 (pennant support) or a above $6,500 (pennant resistance). Long-term...

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20 Day crossed the 50th Day in a convincing bullish manner on September 20th. The price broke above 100 Day MA on October 4th with T.D. Sequential on a 9, hinting at a pullback. Daily RSI is attempting to breach 70 (overbought territory) and is therefore discovering resistance from sellers. ICO Price shown in green dotted line at $0.0197. The price has...

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BITFINEX:BTCUSD Stop Loss: 9.5%. Target: $8,500. Risk/Reward: 3:0 Breakout Hype Incoming

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Symmetrical triangle building on the BITFINEX:BTCUSD Hourly charts (1, 4 & 6) entering the second day with expiry in the next 12 hours. Chart is a 4-hour. Current scenarios: A) Breakout north above the resistance level of $6,800 after initial rejection. (Likely) Note: This level has acted as strong resistance for nearly 4 weeks. B) Breakout south bouncing off...

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Open: 512 USD or around 510-515 USD --- Lined up for a bounce at 40 RSI Target: 630 USD (+23%) to 700 USD (+36%) --- 50 to 200 Day Moving Averages Stop: 480 USD (-6%) to 495 USD (-3.5%) --- Note June 12th & 16th Strong Support Risk/Reward: 3.7 to 11 --- Average Risk/Reward = 6 Trade safely!

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BITFINEX:LTCUSDSHORTS Litecoin Short Squeeze incoming or further into over bought conditions? Analysis: Double top in progress with TD Sequential passing a 9. Level to watch: 136,000 Prediction: Shorts about to get wrecked.

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BITFINEX:ETHUSDSHORTS COINBASE:ETHUSD BITSTAMP:ETHUSD BITFINEX:ETHUSD