2020
Realistic Ripple Price Prediction, are we done dumping?Many of us heard about shiny bright coin Ripple, this coin made some people rich, but the majority became holders.
After Ripple reached it's high's on January 2018, at 3 USD per coin roughly.... the downtrend began. It's was a pretty steep downside move, with many bumps along the road.
Happiness and pain accompanied this coin on its way, dreams and reality faced each other. Those years were pretty rough for all crypto community, it touched everyone.
Many of us learned lessons of the lifetime, I pray we'll never be facing them ever again. But life goes and brings us new opportunities, new setups, and new lesson to learn.
Ripple was going it's own steady road all the way down to 0,12 $ per coin, and maybe if we are lucky enough, and the vast majority of sellers paused their appetite of unstoppable dumping
(the biggest seller as we know is Ripple company itself).
We could take a deep breath and observe that wonderful altcoin through the prism of Gann box.
We are not going to discuss how high this coin would go, we will just set up checkpoints on its glorious path, through solid TA facts, as I would like to be realistic about Ripple price prediction... not just to throw 10 USD dreams...
If ripple found it's ground in 0,12 $ USD price per coin, then we could state that lower then this it should not go, to align with current TA.
Ripple managed to enter a bullish phase with a pretty wide range area estimated 0,12 - 0,23 USD. For now, Ripple holding nicely Gann Fibonacci 0,618 support (logarithmic chart).
Actually that support will slowly and steady lead ripple to following prices 0,24 USD / 0,3 USD / 0,5 USD. Losing this support and we will witness the retest of the bottom of Gann box ( 0,12 USD).
Dropping below 0,12 USD is ain't good for Ripple, and i won't dare to touch it after that!
For now I like the picture Ripple shows us. Estimated time to reach the prices mentioned are :
0,24 - 0,3 USD / till 9 october 2020;
0,3 USD / till 1 january 2021;
0,5 USD/ till 12 feburary/ 21 June 2021;
This is a conservative approach. Keeping things Real guys, if it goes above those target's that's great, but those are the target's I would keep a close eye on!
So let this idea be a LONG call, with careful buy entries, doubling down till 0,12 USD from current prices. Slowly, without harm, without FOMO. Midterm-longterm investing.
GOLD #XAUUSD $GC - 100 pips secured, more upside on the cards?CMP 1785
1800 target would be healthful
Recession2020I have found a pattern in NIFTY 50 which shows nifty 50 is at its peak of bullish and there will be a beginning of strong bearish market.
Summer-Fall 2020 SNP 500 TargetsSNP 500 targets:
Bull run to 3290 6-10 July 2020
July 13-14 starts correction -7-8% from 3290. (3130)
Flat august, mixed september-october growing to 3400
October 2020 3400-3450
November- MAJOR CORRECTION - 2950 (possible: 2800, but small chance)
After re-electing Trump 3400+
December 3500.
PS: Vaccine news anytime will do +10% day.
What pitchfork indicator says about Crude oil Future!!The pitchforks indicator gives us signs on the trend of Crude Oil Future.
We have an increasing trend between S1 support and R1 resistance, so we expect that CL will continue evolving inside that hallway.
In case he breaks down the S1 support, we will see a bound on S2 so that the CL continues its growth inside that indicator.
However, if he break up or down the pitchforks indicator, we expect a new trend of CL.
Bitcoin, Last Day Of Q2 2020The clock is ticking to the end of the first 6 months of 2020. P action to close positive from Jan open. Denoted is simply the price zone I’m watching play out and bounce around within. That ATH trend line is now looming applying pressure to other traders profit targets and also stops. P action is trickling along with volume staying under 20 bill on the daily. Any steam the bulls have need to counteract this and drop numbers to push up.
Resistance remains the same and still watching the catch zone of the perch below. There’s more support zones below (see the Support & Resistance pic below) and of course as time prints more candles the perch decreases in price. For strength P action needs to break above the swing high at 9780,,, good luck…
Happy Trading :)
Bitcoin to Date
Daily
Current Price: $9194.4 USD
Daily Change %: +0.76%
Market Cap: $169,255,599,628.13 USD
24 Hour Volume: $16,453,877,195 USD
Population of the World: ~7,794,742,400+ humans
Today’s Bitcoin Total / World Population: ~ 0.002362876082299 Satoshi’s / $21.57 USD per person
Overall
Approximate Bitcoin in Circulation: 18,418,369 BTC
Approximate Bitcoin Mined Last 24hr: ~ 900 BTC
Approximate Bitcoin Left to Mine: 2,581,631 BTC
Road to 21,000,000 Bitcoin Mined: 87.71%
Current Bitcoin Dominance: 66.29%
📈Support & Resistance📉*
Support Levels
1st Support Zone: 8963.6
2nd Support Zone: 8666.7
3rd Support Zone: 7840.4
Resistance Levels:
1st Resistance Zone: 9889.2
2nd Resistance Zone: 10285.8
3rd Resistance Zone: 10781.2
Price Level Consideration
Approximate Days Until Halving: 1410 Days (Pending Timezone / Blocks Mined)
All Time High Half Way Point: 9942.5
Prominent High: 13767.4
Prominent Low: 3994.1
🐃 Bulls Verse Bears 🐻
🐃 Bullish Above: 10485.8
🐻 Bearish Below: 6474.1
Monthly & Weekly Opens
Monthly Open: 9447.2
Weekly Open: 9128.6
Current Price Zone: ACCUMULATION ZONE
Biggest Bitcoin Transaction of the Day**
1. 🚨1,200 BTC ($10,956,844 USD) transferred from Unknown wallet ➡️ Bitstamp 🚨
Largest Cryptocurrency Transaction Today:
🚨 🚨299,999,900 USDT ($299,614,317 USD) transferred from Tether Treasury ➡️ Binance 🚨 🚨
Gold***: $1,773.30 USD +1.19 +0.07%
Silver***: $17.87 USD +0.02 +0.12%
——————————————————————————————————
*📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames.
**What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire.
*** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.
Created & published by Des Landen
Landen International
Trading Playlist: Kanye West - Runaway (full length)
CL signalsThe Crude Oil future is in general in a decreasing trend, but inside the hallway between R1 and S1 it was increasing. Currently, we have signs of decreasing trend, since we have that red volume and red candle after succession of green candles.
The advice is to sell CL now for intraday trading. We expect its decreasing to reach the S1 Support.
ANLYSIS ON USOILThe long set up we have clearly showed a stucture broken and retested ie resistance turned support.this trade has 1:3.6 Risk to reward ratio. you can enter long
S&P 500 U Shape Recovery 2020-2022The impossible "V-shaped"
The year 2020, a bad memory quickly forgotten? No, warn more and more economists, alarmed by the violence of the shock in the first half. They expect a slow recovery, provided that a second wave of the new coronavirus does not strike.
The IMF has also made it clear that, despite the expected rebound, world GDP in 2021 would come out cut by 6.5% compared to what was expected before the pandemic.
Some sectors are affected for a long time, especially in services. Perfect example: tourism and travel. No catching up possible for empty rooms, meals never served, planes nailed to the ground. Did IATA, the international air transport association, not warn that it did not expect to return to normal before ... 2023?
In industry, factories face many health restrictions. Farmers all over the world are struggling due to the lack of foreign workers.
Exit therefore, the "V" scenario that some people were still hoping for in February. Rather, it is a "U-shaped" scenario that emerges at best, with several months of recession before the economy recovers. See a "W" with alternating rebounds and relapses. Or, worse yet, an "L" with depressed activity for a very long time.
Oil Future for intraday tradingHello traders,
The oil future is marking signs of an increasing trend.
We have important volume and special candles that assure this increasing trend. For Intraday trading, it will be profitable to buy now, and wait either for the red volume and red candle to sell, or wait a break of the resistance R1.
The advice for intraday trading is to buy and wait for red volume and a candle, and for the resistance R1’s break down or up.
CL, Oil Future in a good progressHello Traders,
Since 12 June, CL is taking an increasing trend, despite some up and down changes.
The pitchfork indicator shed light on the hallway and the trend support on which the CL is making progress. If the CL breaks down this support, I expect a comeback to first resistance.
The Advice about CL: In general, CL is taking an increasing path Bounded by the Pitchfork Indicator.
cl 12-06-2020the chart of cl was going down since the start of the day ; then in 10:00 am the breakout make the market the go up
