Bullish Pennant FormationLooks like DNT is about to become TNT. Excuse my horrible explosion joke. Were starting to see higher trade volumes and potential breakouts. This one's gonna be on the move fella's
Crytpocurrency
Where are we now ? Is the party over? or Time for Altcoins ? In 22 Dec 2017, Bitcoin dropped to nearly its 50 days moving average just like it did today. The price hold above 50 days moving average for 22 days (between 22 December 2017 to 14 January 2018).
In that period of time, Ethereum and all other altcoins exploded. We are probably seeing the same scenario today. I expect that we will see massive moves in altcoins for at least 3 weeks (until bitcoin goes below 50 days moving average or it enters new bull trend). Meanwhile, Bitcoin dominance will be decreasing rapidly.
My plan is to stay in altcoins as long as 50 days moving average of bitcoin holds. After the altcoin party, I will be seeking chance to back to bitcoin.
This is my own opinion and plan. Conversely, all market could crush in couple of hours but the probability of altcoin party is more higher in my opinion.
Tips :
-Always take profit on the way up , price will definitely not increase forever.
-Don’t be too greedy when price moves up or don’t panic when it decreases. Relax and control your psychology.
-Make plans for every possibilities, it is not 100% accurate that what we think will happen.
-Don’t try to catch up the exact deep or exact peak.
-Don’t buy everything you found in the market.
-Don’t listen everybody who claims to be a trader or financial advisor. (Mostly avoid who is 100% sure about what they believe).
-Remember, market cycle works with human psychology and everybody’s psychologies are similar.
XMR/USDTthere is a strong support at 152 (fibo 0.618) and a strong residence at 159-160 (fibo 0.5). if residence breaks its going to be a good move. current btc.d:66
BTCUSD preparing the launchpad for 50k#BTCUSD (4H):
Priced soared again to take 40k, but found a strong resistance, If this high holds, I'm expecting the price to retest 34 once again to confirm the consolidation formation before the next impulsive move.
Should we see a break above 40k soon and 50k will be just a matter of days/weeks.
Bitcoin Shoots to $48000 If Daily Closes Above $36000. Simple!!!Here is my bullish H4 analysis of bitcoins future in next couple of days if daily closes above $36000 with creation of new higher high on H4.
However if bitcoin closes below $33500 then I will be looking for another short opportunity to capitalize on a 1:3 setup.
HEDERA (HBAR) TIME TO PAY ATTENTIONAfter an extremely long bear market price is approaching the final support.
That support area is where I will be looking for a long term play on Hedera.
The token is fundamentally strong and from a technical perspective this area
offers an attractive low risk high reward play. This can be an amazing opportunity.
It's a RSI. It's a Lambo. It's a Nissan GRT!Few investment vehicles in the world can be instantly identified by just three letters. But to crypto enthusiasts everywhere, "GRT" has become synonymous with excitement, high performance and unparalleled refinement. Making its world debut just a few days ago, the Nissan GRT has taken the price to a level that was unimaginable when it was first introduced.
XRP Spring Is Set --> Soon To ReleaseDaily chart showing major consolidation over the last few days.
We are set to make a big move very soon.
This trade could go either way but due to where we are in overall crypto market cycle (dominated by BTC and its 4 year halving's) I think the Bulls will regain control of this market for the foreseeable future.
Corrections and sell offs will happen. They are opportunities to take profits or increase your position.
Santa might bring a little gift called xrp moonshot but only if Mrs. Claus allows....
TIME WILL TELL ALL.
Best wishes.
BTC Price DiscoveryBTC target: 24k and hopefully 25k
BTC has been consolidating for price discovery in the last few days near the EMA's. I believe we might be able to break through and continue the bull channel and make higher highs. The breakout of the triangle gives us a good range of where we should be taking some off the table. If we do hit those ranges, we should expect some heavy resistance and possibly a bear channel (Red dotted channel) forming for more consolidation. If the bear channel fails to form we should expect higher highs into 25k region where we'll face an even bigger resistance. 25k is a psychological zone so expect us to get chopped around for sometime there.
Upcoming Bitcoin prediction BTC has certainly has its run up but now seems to be stalling in a very key area of resistance. This is not a bad thing but something that is indicative of health rise. Nobody for sure can tell you where price will go next but there are patterns present in this chart the indicate that we may be heading down for a small correction and into these buy zones where price has a high chance of turning.
I've outlined two key areas where I'll be buying if Bitcoin were to drop further. Even though 14k is my primary area I will save a little cash on the side to see if breaks into 10-11k for a quick buy. These may be the last chances we get before BTC decides to do it's wonder to never see it go below 20k again.
Hope this chart helped you all. Thank you for reading. Please feel free to comment if that's possible.