Bullrun2021
I'm a Fan of FET/BTC #FET #FetchAI $FETHere we see our FET daily chart from Binance with that colorful Gann Fan indicator on it ! This indicator really explains why FET has had the ups and downs it has had lately because it really seems to fit this Gann Fan . You can see it's a steadily rising fan we are in but we need to break up into those higher levels ! You see where that black arrow is pointing on my chart ? If FET can close above that line it will be extremely bullish because that will take us into the higher blue areas on the Gann Fan and in a Bullrun year that's where I think we are going . I know many people online have become disheartened because of all the nonsense and trolling that goes on. But stay strong ! This is probably a big Bullrun year for Crypto. You can see even in the Kucoin chart of FET that the Gann Fan should play out . Targets appear to be Fib levels but I would probably use the Binance chart for those . Anyway I'm still a fan of FET and they are set to have news this coming week too .
XRPUSDXRPUSD, if you look on the chart we see that price created a high then it stabilized the support at around 0.90 area, in my opinion price created a fake out below that support, by that Im visualizing price could easily go to test the resistance trend line, by that price can easily drop again by so can create inverse head and shoulder pattern..
NOTE: this is not investment advice, is for educational purposes only...
[UPDATE TOTAL MARKET] WHEN WILL THE BULL MARKET END? Hi guys,
I UPDATED MY PREVIOUS ANALYSIS (SEE THE RELATED IDEA BELOW).
IN APRIL I WROTE THE FOLLOWING:
"1) Based on the first macro Fibonacci extension and the fib circles, it looks likes we are approaching the next crash which will occur in May (-40%-45%?). This is exactly what happened in the previous cycles. The crypto market will go down once it reaches 3.2T$
However good news. This is not the end of the cycle.
2) Based on the second macro Fibonacci extension , the fib cycles, and the fib time zone, it looks like we will top out between the end of Aug and Sept. This is exactly what happened in the previous cycles. The crypto market will go crash once it reaches 17T$.
I'm not sure there will be a super cycle.
Apr 17
Comment: The crash of May could be triggered once the crypto market reaches 2.7T$ too (3.618 Fibonacci). Therefore, let's say that the range for the crash could be between 2.7T$ and 3.2T$.
(might be wrong but I'm pretty there has to be crash before the last pump.
The same for the final crash. It might be triggered at 14T$ (3.618 Fibonacci. Therefore, let me say that the range for the final crash could be between 14T and 17T$.
See you at the top
Apr 22
Comment: The point I draw could be not super perfect! The crash/slow down could have already started in April and could continue in May? That makes sense --> we are at the 2.618 Fibonacci level."
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WELL IT DID HAPPEN EXAAAACTLY AS PREDICTED.
NOW I'M SEEING TWO SCENARIOS:
- SCENARIO A - shorter timeframe
- SCENARIO B - longer timeframe
Enjoy.
BITCOIN RECOVERY INCOMING!Brief but efficient explanation on why Bitcoin will recover. Date of recovery mentioned below!
-First bullish week last week after 2 weeks of bleeding. Does not provide solid poof that price will reverse, but gives insight that investor confidence is slowly but consistently increasing.
- Daily MACD indicator has crossed over yesterday. Bullish insight!
- With both of these bullish indicators including many others, we are still in the UNDERSOLD zone on the RSI indicator, which is used to measure if an asset is over sold or overbought. Can give insight on bullish sentiment.
This recovery will take more time, nobody knows how low we will move, how much we will stagnate at these low levels. NOBODY is sure.
I personally eblieve that the bull run is not over and will continue till December of 2021 before going into a bear run. The same cycle has been happening for 10 years since BTC's creation. we have previously seen -80% in BTC price. We have always recovered, and WE always will!
Do not sell, When in doubt, zoom out!
Crypto prices are at a discount right now, and in 1 month, 10 months, 1 year, 10 years, you will regret not buying crypto or HODLing.
THIS IS THE FUTURE!
( with recent inflation speculations in the USA, we could se a weakening in the power of the USD, which btw increases price of BTC ;) )
Good luck and good trading!
LIKE and FOLLOW for more!
what is next move for ripple? xrp going to probably 3 usd.RIPPLE coin likely to completed its 1ST wave here shown in my chart, it has ABC correction phase right now and may have to complete 2nd wave also and ready for 3rd wave around 2.5 to 3 dollar but 1st of all it have to break its downtrend or hold current support around 0.65 to 0.80 cent area for farther upside move.
Hope you like this update on XRP and plan your trades accordingly.
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Thanks for reading,
#XRPCOIN #CRYPTO #BULLISHRUN #ALTCOIN #3RDWAVE
Crunch Time For FET/BTC #FET $FET #FetchAIIt will soon be Crunch Time for our FET chart ! As you can see - after our big rise - we've been in this triangle for a couple months - consolidating but being supported by our higher timeframe Ichimoku clouds also (3 day and weekly . ) It seems by June 5th we will reach the apex of this triangle and at that point we must pick a direction. Now with Bitcoin's recent dump down to 30k that has caused a dump from our recent attempt to break upward out of this structure and continue up to 1550 area . So our chart is left looking a little funky ! But since there are other indicators such as Ichimoku and also the general trend upward during a Bullrun year I would still expect this triangle to break upward within a couple weeks . I'm prepared for Crypto to throw me some curveballs though ! As we've seen recently even a tweet from my guy Elon Musk can send a coin pumping - or not ! But you have got to remember - it's a Bullrun year ! This is not a normal year . Any coin coming from the bottom should start to hit it's fib retracement targets at some point . And we've yet to reach our first fib target near 3420 , which is our .236 fib . I firmly expect us to get there . And above ! Question is what structure we take to get there after this triangle plays out . I'll link my fib targets for FET in the linked chart below . Also as a side note - you may notice I was calling this a Bull pennant before and I'm now calling it a triangle ...well, you've got to be flexible in crypto because sometimes chart patterns change ! And if something is taking a longer time to form it's actually possible it's a symmetrical triangle type structure as opposed to a pennant ( since a pennant generally doesn't take as long to play out . ) So be prepared to change your view if things play out differently ! But I'm still bullish and I still expect upside here . Let's see what the next 2 weeks bring .
Sidenote - some people are calling for Bitcoin to dump to 20k but that is not guaranteed to happen so take it with a grain of salt.
Wyckoff Distribution BTC Bitcoin Gaze upon this comparison in all its glory!
Left: 2017 beginning of Bullrun almost identical Wyckoff Distribution occurred......... 42% drop 35 days from the peak.
Right: 2021 Bullrun everyone is pissing their pants over LOL. What do you know........ 42% drop 35 days from the peak.
In June 2017 after this pattern played out the Bitcoin Price went on to do another 10x before its return to the planet. This Bull is NOT over.
XRP/USDPrice is respecting market bullish structure, plus monthly candle closed bullish, and the actual monthly candle is grabbing some liquidity to fill the wick upside.
In my opinion price could easily retest ATH this month..
Note: this is for educational purposes only, is not a financial advice..
LINK Close to a breakout!Here's a quick look at LINK 2 hr chart. as we can see, the price has been oscillating in a bigger falling channel for some time now. At the moment of writing this the price is at the top of the falling channel, and it would make sense if it pulled back or broke out. Keep an eye on LINK!
The idea is: Buy the breakout from the falling channel and Take profits at the levels shown in the chart.
Targets:
1. 40$
2. 44$
Note: Profits can also be taken in the resistance zone .
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Bull Market is Far From Over - Some PerspectiveThis was the 2017 Bull Market for XRP, just using any random coin as an example because they all tell a similar story
If this bull run was already over it would be the shortest and weakest bull run in history. Given the insane number of institutions buying in now and mass adoption it just wouldn't make any sense. Personally I believe the bull market is far from over and we have a long way to go, but notice in every bull run there will be some significant corrections.
XRPUSDxrpusd - based on that market structure, price made a high then a retracement which for me is normal..
Now we reached the level of support based on fibonnaci channel, this support seems to be really important because price at the past reacted many times at this level...
Price retracements are normally for the trend continuation, I expect price will create support and the ride the trend to the next target all time high or above that...
Also keep in mind, the fundamentals are being more solid(bullish) and normal for XRP after the SEC lawsuit which brought many fear and panic to holders..//
The judge granted the holders to intervene in case also the Judge obligated the SEC to provide all docs (required by Ripple) about BTC and ETH in which SEC need to prove why BTC and ETH are different than XRP.
Time will do it's job..
NOTE: this is educational chart only, is not investment advice!..
XRP Elliot Wave Long: From 39c to $4.20This analysis shows that we are currently in wave 3 of 5 of the Macro wave 3 (of Hyperwave 3).
The Macro wave 3 should take us to about $2.16, as this lines up with the both the fib extension at the 2.0 fibonacci and the previous wave's extension at 8.236. However, this it may only reach as far as $1.91 or $2.56.
If $2.16 is reached as wave 5 of 3, we can expect a corrective wave (macro wave 4) down to between the 0.5 ($1.30) and 0.618 ($1.11) lines. Given that 1.30 is a support here, this is where I suspect we could retrace to.
For wave 5 of 5, if we end Macro wave 4 at $1.30 and bounce back off this support, a rise to the 1.618 fib extension at $4.20 is not out of the question. This would mark the end of the macro wave structure and we would likely see a decent retrace of the entire move, which may take us back down to $1.85 or perhaps $1.56. This would be the hyperwave 4 correction.
After that we have Hyperwave 5 which will take us even further. My guess is $13. See my Hyperwave Analysis for details on this (linked).
FIL Broke out from the Falling wedge!Here's a quick look at FIL 1 hr chart. As we can see the price had been oscillating in the falling wedge for some and broke to the upside. Now there is a new buy level shown in the chart. It might revisit previous ATH if it breaks out from the level shown in the chart.
The idea is: Buy the breakout from the level shown in the chart and sell at the target areas shown in the chart.
Targets:
1. 180$
2. 190$
3. 204$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC goes down, then the alts will take a hit. Trade safe!
Pi Cylce Top Bitcoin is INVALID for this bull cycle!!Welcome everybody,
My name is Rutger and today i want to discuss the Pi Cycle Top indicator. I think that the Pi cycle top indicator does not work in this bull run. Because this time is really different than other bull cycles, it is never good to say that this time is different, but I will show you why it is really different this bull cycle.
First of all bitcoin balance of exchange is dropping very hard, that is a very bullish sign. We usually see that when the balance on exchanges move up, we reach the end of the Bull market. The opposite is happening right now.
Secondly when we look into the charts we can see that everytime the Pi Cycle Top crossed, it was in the red area of the log growth curves indicator. As you can see on the chart, we are not even close yet. ( in 2013 we also did not hit the red area of the log growth curves for the first peak cycle top. But it did HIT the 96 RSI level ).
The third thing is, that always when the Pi Cycle Top crossed we were at the 96 RSI level. This time we are in the purple zone not overbought not oversold.
Also this bull cycle has been crazy so far with institutions buying and big companies like Tesla and Microstrategy buying. Bitcoin is now for the first time a $1 trillion dollar asset. Which means that big investing company's are also allowed to buy bitcoin. So with all these fundamentals + Technical analyses. I think the Pi cycle top is not valid this time.
What do you guys think, let me know below!
Please like this post so we can get a lot of different people to look at this and discuss this further.
BTC Update - Will we see 54k soon?Here's a quick update on BTC 4 hr chart. As we can see BTC has been oscillating in a bigger horizontal triangle for some time now and we might see a decisive move soon. Also BTC might be forming a bigger inverse Head and shoulders pattern within the bigger horizontal triangle.
the inverse Head and shoulder shows confluence with the CME gap down at 54k. There's a high possibility that we get down to 54k for a short period of time. The most important thing is that we don't break below 54k.
If we break the horizontal Triangle to the upside, we will then have a target for The inverse head and shoulders in play which is all the way up at 68k!!!
Follow me for daily profitable content! Trade Safe :)
BTC UpdateHere's a quick look at BTC 4 hr chart. as we can see, the price has been trying to break the 60k level, but hasn't had any success yet. The last time we ran to new ATH, we saw an inverse head and shoulders pattern. And the same pattern could be forming right now! If we break 60k then we are off to 64k!
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
LTC will see new ATH soon!Here's a quick look at LTC 4 hr chart. As we can see, the price has been oscillating in a bigger symmetrical triangle for few weeks now and we might see a break out from the triangle soon! If we break 218 convincingly, then we might see a 3-400$ LTC! Keep an eye on this one!
The idea is: Buy the breakout from the bigger symmetrical triangle And Take profits at the levels shown in the chart.
Targets:
1. 230$
2. 244$
3. 300$
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!