Keep an eye on XRP . The beginning of a trend towards the upper-trendline of the Bullish Pattern can be expected if Bitcoin begins to put on a show! If we break this level, and strongly push through $1.33, a visit of $1.41 is reasonable. Technical indicators are looking great while a double bottom is formed. If Bitcoin begins to recover strongly, expect XRP to...
By taking a trend line from the beginning (20th July) of the current wave up along the previous correction low (21st September), we can visualize a trailing price of support. Bitcoin is trading in a falling wedge, while the MACD approaches a crossover. If there is sufficient momentum to push the MACD above 0 following a cross-over (price action to the upside...
I have provided a possible bear pennant play where the USD may push further as we approach the new year. Despite the AUD showing great strength up until the 25th of October, we are now seeing a great wave for the USD. The Stochastic RSI is approaching a bearish play-out, while the MACD has produced a bearish cross as its below 0. The horizontal lines provided...
As you can see the US DXY is finding resistance on the upper trendline of the fractal, the Stochastic RSI approaching a bearish reversal. However, the DXY may show strength and attempt to break the fractal in the short term, so beware. Though an extended break from the fractal may cause a stronger turn to the downside in the long term. If the DXY fails to break...
US DXY is showing great short term strength. It is currently trying to retest the top of the fractal. After the retest, if there is no successful break, it is possible we see a trend reversal to the downside. This is where we may retest the bottom of the fractal. A bearish wave into the new year and up until February - Easter Time would make prices of other...
Bitcoin is showing great strength while the US DXY looks setup to come down and test some supports. This should be nice push to a $70K #BTC ! MACD AND STOCH RSI ARE ALSO BEARISH IN THE IMMEDIATE TERM! I THINK WE WILL HEAD INTO A NICE WEEKEND!
As you can see we are trading in a large fractal pattern , with the STOCH RSI heavily overbought . The USD is showing short term strength, but it is trading in a firm fractal. I believe we will see the USD Index fall into the new year, retesting the bottom trendline of the fractal. Furthermore, we may see the price completely fall out of the fractal. ...
BTC.D is trading in a bear pennant . As you can see we have fallen out of it sharply in the past, but we may be in for a more prolonged move towards 35% BTC.D . However, we may also only see a sharp wick down to test levels such as 39-43% BTC.D , then a very sharp recovery towards 50% . This would mean Bitcoin has taken the lead in the market...
TARGET $3.60 I have been watching Audius side by side with top 10 crypto over the last few days, and I'm seeing significant strength in the project and great momentum. Every dip has been bought up very aggressively. I entered at $2.51. I believe if you can enter around $2.7 this is pretty valuable. This project can make a name for itself in the music...