In the past few days, there have been many questions about the Wyckoff scheme in the comments and DMs, so I decided to make a separate post on this topic. 🐋 Essentially, it aligns with my version that we won't see those incredible levels of $150k or $400k for one simple reason - the market is already too inflated. Ordinary people find it easier to buy altcoins...
follow me on X for daily updats as we progress The DXY, in other words the dollar index tend to lose terrain as markets rise and the opposite when markets are falling and people are flocking to cash
If you are in crypto to earn money in everything else than bitcoin, you should not sell you alt coins now. In fact, Based on The bitcoin dominance chart is the ratio between the market capitalization of Bitcoin to the total market cap of the entire cryptocurrency market. It gives a sense of Bitcoin's value relative to other cryptocurrencies, and is frequently used...
Since the All time high at 3.14 dollars back in 2017 XRP have been creating a 7 years symmetrical triangle. This is the longest symmetrical triangle i have seen, and XRP have been held down by SEC for 3 years. The lawsuit is now over, and when xrp breaks out, people are going to go crazy. There are two things that will make people sell: 1. Big red candles 2....
XRP will break out before the 2024 is over, and it will be huge.
BTC D important trendlines in the next phase off this bullrun ending. When the btc goes down, btc goes up = alt season
xrp cheat sheet update Hold ett øye med btc d, og btc. Kan avgjøre om vi får en altseason 2017/2018 recap?
Think local downtrend looks a lot like the downtrend in may, june. We did just get a green candle above 20 ma on the daily, if we close over this 20 MA line i think we will test the upper support on the bigg simmetrical triangle at aroaund 1.1 dollar very quickly. Buy zone: =0.65-0.75 dollar Sell zone: upper resistance if we dont break out.
This is one of my cheat charts on XRP out the year.