Wth the upcoming move of bitcion the bear market will end. bitcoin is ready to boost to 5 k in next few days and it will begin to fill the price gap in 4.2 and 5 k... I hope we stay in that channel for a couple of month becauce the break of that channel to any side wont be a good sign... this price gap needs to be developed and established in order to mature this...
long bear move of xlm is over and with the recent bull run of btc, xlm also broke its falling wedge... so i guess xlm bull run is gonna be pretty strong and in less than 2 weeks i believe its gonna hit 50% gain...
in my previous Bitcoin SV idea unfortunately i lost 15% gain... i didnt enter positon because my timing wasn't right... now i think the third wave will begin in SV and it will go to near 0.021 Sat... from there it will be speculative... i think that would be enough for a profit and i will re enter for the 5th wave.
Last 10 days of Feb will be full of anticipation. Lots of powerful fundamental news happening all together... So i think the whole cryptocurrency will see a strong uptrend for couple of weeks to come. amongst many coins i image BSV & XLM will be among those which will hype powerfully. important events of feb: 1- The Samsung Galaxy S10 launch date with its...
I think this bear market will be over as soon as we break above the 50 weekly EMA which is shown by the red line and its gonna happen in Q3 2019 i believe.
Well i think my TA is very clear in the chart... i also considered the 200 weekly ma and since it might be tested and even broken i put my stop loss below the previous lows
The completion of the wedge will probably lead to a bounce to 3700... and it can test higher resistances at 4000... In any case the week will end with a green bar.
Bitcoin has recorded 2 times of under 30 RSI in weekly charts in its history. In those 2 times it never closed in weekly chart below the opening of the week which the RSI recovered and signaled green to buy. So we are in a full year of side way moves but the probability of price going under 3200 is pretty low. it might get there in hourly charts but consider it...
Bitcoin was in this range in Aug 2017 till sep 2017 and we are back there again... i believe it is going to be the next strong support in the years to come. so since we will be in this range for couple of month i believe we are gonna test the resistance in the last week of Feb or first week of march. First thing there was a failed H&S which it seems there is...