BTC appears to be holding macro support, I can see it testing $53k macro level as resistance and perhaps flipping it soon after.
Bitcoin is at a crucial point at which it needs to bounce in order to remain bullish. As indicated by the red circles, once all upper moving averages 200D MA, 20W MA, 21W EMA and 50W MA are lost by price; it has been lead by a massive downside, and bear market until the 4Y moving average, or 1460D MA, was reached as a bottom. We better get praying here boys, even...
Currently awaiting BTC to make its move. Once a C is formed on either side and price crosses back above/below horizontal A line I'll form my long/short position with the horizontal ray as target.
I can see us forming an ABC Reversal structure here that takes us to a new high
Made these 3 potential ABC Reversal setups we could see playing out, if the C is formed and we cross back above/below horizontal A line, enter position with tight stop loss.
Previous long setup has played out, now looking to enter a quick short setup like this.
Massive flush of open interest back to 29k levels, HTF support claim. I believe we're in for our next leg up (ATH) by end of December/early January.
Bitcoin has historically every 4 years gone on a massive bullrun, the fundamental reason for this is up for debate, perhaps it is the halving, I don't care. What is important to me is this pattern, and what we can notice in it. What we can see in this pattern is that historically the parabolic run of the cycle, which will put in the parabolic peak, has always...
Based on my previous analysis on the nature of the XRP market, I've decided to open this long position on low leverage, I see it as a good risk/reward trade and couldn't refuse to take it.
I've been studying the XRP chart and it has come to my attention that XRP goes through very interesting consolidation phases (5-6 rejections) leading to parabolic run ups followed by long bear markets. XRP is currently in its fifth repetition of this unique pattern. Explanation: It all starts with the first high being put in (the 1.0 logarithmic fib level),...
In case you were not here in 2017, and are unaware of what XVG was, allow me to recap it for you: XVG is a blockchain focused on efficiency, but mainly privacy. During the 2017 bull run, specifically the parabolic phase, there was a narrative on hyping privacy coins. Especially because John McAffee, the founder of the anti-virus McAffee was preaching privacy and...
Chart explains itself, these are logarithmic fib levels which have historically had significant meaning.
Ripple Swell event 9-10 November, XRP/USDT triangle breakout on weekly. Can see this BTC pair reach top of range again.
9-10 November Ripple Swell event will be, historically a bullish event for the price for XRP. Combine this with the logarithmic breakout of this triangle, and I see a significant rally to come soon.
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see a nice pump coming after this longduring hold of support