Get started

Altcoinsvsbtc

XRPBTC ripe for breakout: but to which side?It's time for ripple again ! And I'm kinda on a roll today, no idea why, but I just can't stop with this sh*t lol. So, XRP is the only altcoin that hasn't yet risen much since BTC made the last low and started rising now. In fact, XRP seems absolutely unimpressed and the price didn't change much. We must therefore look at XRPBTC to understand why. XRPBTC is interesing: 95% of the time it keeps just going down down down, and then suddenly, around the bitcoin top, insane spikes ! We could see something similar happen as the last time. There is a large triangle within a falling wedge structure in 2015-17. Right now, a new big triangle has formed which will soon end. If XRPBTC breaks to the downside, we might see something very similar happen as in 2015-17. If it breaks sooner to the upside, the idea is invalidated. I see slightly more potential for a sooner break to the upside because stoch RSI is massively oversold on weekly. Apart from the shorter term behavior, I think XRPBTC can easily reach the peak values again in the next 2-3 years. If BTC is at 100k in 2021, XRPUSD could go as high as 25-35 USD. Nice indeed! Anyway, I'll continue to closely monitor our friend XRP here, because for me, this coin promises an interestingly high potential ROI (x100 possible imho) Please don't start with cebtralized scamcoin blablabla, I don't really care about the features of coins any more. They can also be called coin A, coin B or coin C, I see them as really interesting leverage instruments, not much more. The one true coin always remains bitcoin for me. However, I also want to use these lesser coins to make some nice gains, nothing wrong with that, hehe. And for me, XRP currently has the highest potential. That's it, and now I really stop for today XD
by SebastianofMoon
5
Bitcoin still bullish: ascending triangle in 4h chartMost think of a 2015 fractal repeat, but I have turned from short-term bear to full bull since the massive MA200 break and weekly candle close above it. I think BTC will go in this push at least to 6500 (lower limit), but as high as 7500 is indeed possible, before any major correction. We see a nice slow ascending triangle in the 4h chart. All indicators point also towards the upside, daily stoch RSI now on oversold again. BTC wants this strong push imho. Let's see :)
BITMEX:BTCUSD.PLong
by SebastianofMoon
8
Breaking The Trend?Are we breaking the downtrend? As far as I'm concerned we have two trends to break: the one with steeper angle and another with more gentle angle. As you can see we can predict the timing of breakouts very accurately with straight lines. This graph shows that we have broke out of steeper angle trend and poked little bit of gentler one. In my book we need to haven't quite broke out of the downtrend yet. We sit on the 2017 September resistance levels which turned support in October. For that to happen we needed quite aggressive push to 6000+ and the rest is history. I'm waiting this to happen, but meanwhile I want to show you this portfolio management tool. You can see inverse correlation against other altcoins so it makes trading easier when you can track which coins are on downtrend and which are going up. It works in all time frames so it's valuable tool when it comes to trend analysis. Does not work in Binance, because apparently we TV doesn't have Binance support for this just yet. I'm working on making it support all coins. These are random coins to play with.
BITMEX:XBT
by HeOnSun
BTC looks compelling, Alt Season 2019 is about to begin!Well we can see price has broken out from the symmetrical triangle and we are just waiting for the 4H candle close above to confirm the breakout. I have a fully bullish bias at the moment, strong bullish signals throughout the market! FirstClass Crypto VIP members went long at 3535 catching to low wicks and rode this all the way to the top of the triangle. To summarize on the past data we can see the bears could not get a 4H candle to close below the original 0.618, few wicks below but eaten right up, shortly after we can see a small break up from the bull flag / falling wedge but the bears jumped into combat and stopped this move short. Once price came back down, again tested the 0.618, held support and started to rise I knew we had this one in the bag. The fact BTC price has broken above this symmetrical triangle and will soon close the current 4H candle above is extremely bullish IMO. Not only is this recent move alarming but check out the Alt Coin Market Cap chart posted below.... looks to me Alt season 2019 is about to break out! Remember... you heard it from me first! Because the Altcoin Market Cap chart is not from Tradingview you will need to click the link below to view this chart. FirstClass Crypto Telegram ~ @FirstclassEra Discord ~ @FirstClassEra discord.gg
BITMEX:BTCUSD.PLong
by FirstClassCrypto
1
Possible bottom found for some altcoins/BTC pair!Hello guys This is the sum of some alcoins vs BTC paired. On this chart I just noticed that we recently hit almost lowest levels for ETHBTC, XMRBTC,LTCBTC,NEOBTC,EOSBTC,IOTBTC,XRPBTC,ETCBTC Also I can see Wyckoff Accumulation and if this is valid in crypto we are at the bottom of this painful correction, so we might see a bull run soon and if correction is going to continue after this I would expect BTCUSD to drop faster that other Atcoin USD. I would love to hear your thoughts about this in comments bellow. Take care and good luck.
by CUBYC
11