Ripple ...is it a great deal to buy now?Ripple’s XRP is very cheap now ($0.3688 as we write) and it’s quite valuable coin. A fundamental analysis published a couple of weeks ago estimated XRP’s real value to be of around $1.7 USD, which is five times its current price. it all about usefulness of the coin. For banks, remittance services and other financial institutions. Sooner or later, it will be adopted in massively.
Ripple’s goal is to create blockchain-based software and technologies that can eliminate all or most of the friction inherent in settling international payments. That’s been its mission for years, and its persuaded many among the largest banks in the world to jump in the wagon. In few words, you buy XRP using local currency, send it to the bank on the other side of the transfer. That bank then exchanges the XRP tokens for its local currency and thus the deal is done. The whole process takes less then five minutes and the fee is less the cent. With Ripple’s way of doing things, the banks don’t need to hold foreign currencies to transfer money across borders. That’s why services like Western Union/Moneygram have been so successful and Im pretty sure they will adopt and even testing it. And remember, fortunes have been made using low-cost coins. And its the matter of time, when Ripple coin will be adopted by Amazon, and many other famous financial institutions, online shops and so on.
Now XRP cheap yet, and its the coin to HODL, and its more likely to grow in its value when you never expect.
Future
Bitcoin, and the entire crypto market.
Does this recent decline in the cryptocurrency market mean investors have finally come to their senses that the market is unstable? Have investors finally realized that there was a massive bubble that the cryptocurrency? The Dotcom Bubble, which is very similar in characteristics to the Cryptocurrency Bubble resulted in the closure, bankruptcies, or legal prosecution of hundreds of companies. We see similar characteristics such as an influx of new ICO's, of which 90% of them are useless, and dead after a short time. According to Dead Coin, currently, there are 930 coins that are deceased, abandoned, or deemed a scam. People have come to the realization that like fiat, crypto has been hacked, stolen, and manipulated. The benefits of crypto have drastically fallen from what was once promised. It became slow and expensive, while not being as secure as claimed. Majority of traders were very inexperienced traders who purchased bitcoin on credit, mortgages, and loans. So, it would seem that cryptocurrency has perceived value due to fiat (dollars, euros, misc). Traders invest fiat, gain profits, and sell for fiat. This makes crypto essentially a trading tool but itself is worthless, because there is no perceived value of cryptocurrency. Do each of the 2,000 coins have value? Are they all accepted? Are they accepted everywhere? Are there exchange rates? Can they be exchanged? These are the important questions asked by investors. Bitcoin, among other cryptocurrencies seem less accepted today vs during the boom of 2017. From what we heard, a big player in the decision was that crypto is no longer stable and have lost confidence. Below, we explain the 3 points on our charts:
Point 1 - We were reading that at this point, BTC was stabilizing and was poised to breakout. BTC traded pretty much flat for most of October, which many traders thought brought the end of the bear market for Bitcoin.
Point 2 - At this point, Bitcoin and the entire cryptocurrency market proved it was not a safe-haven against stock market volatility. Bitcoin has dropped in parallel with the stock market (not in percentage or points) but in a general sell off. There were bits of news here and there that may have influenced prices across the crypto market, but confidence has faltered and fear has set in.
Point 3 - We believe this is the most important point. This point is a future prediction, which we believe in that will take place WITHIN 2019. We believe investors and traders of the cryptocurrency have finally come to terms with the massive bubble that it became. According to CoinMarketCap, there are over 2,050 crypto currencies! Yet, at the same time the entire market cap has been shrinking. This is the biggest sign of a bubble. We believe the bubble popped and is continuing to deflate. We believe this drop in Bitcoin and the cryptocurrencies will continue to deflate, until a massive restructuring takes place, either by government involvement or not. In this restructuring, we will see well over 1,000 cryptocurrencies simply vanish.
So, what is the solution?
In conjunction with the stock market, we believe that the crypto market will also continue downward. The stock market has entered bear market and there is talk that GDP will come to a halt in 2019, below 2% with a big chance of recession. Many cryptocurrency experts state that the market is still in capitulation and predict bitcoin to reach back into the hundreds of dollars. Get out while you still can. You will see the vanishing of majority of the cryptocurrencies during this downtrend. Protect yourself with assets of actual value . Bitcoin is not digital gold, its digital fools gold. You decide, $4,000 for some coding or $4,000 for precious metals that survived every great financial decline? Will there be those who shout "Your crazy, your wrong" absolutely, but we were telling investors/traders to get out in Jan of 2018 where others stated "it was a correction". A correction is defined as a 10% decline, its now been over 80%. We understand, no one wants sobering news that the asset that helped many people make some extra money, is coming down and has further pain ahead.
*Disclaimer
As cryptocurrency is an entirely new type of investment class, predicting crypto has proved to be extremely difficult, even to self proclaimed experts. Our prediction is based on historical financial assets, bubbles, and trends. Bitcoin has a possibility of reversing upward, but the odds of this are extremely remote. We standby our claim that the bubble and capitulation has not ended . Best of luck!
Held back long enough. Posting my long entries now.Hellow. Here is a BLX -2.70% chart because I want to avoid too much attention. Especially from baghodler bulls screening Bitcoin 0.07% top ideas looking for something to get offended by. I do not want to help them.
Would be awesome if tradingview let us post ideas as "followers only" or "friends only" if they wanted to make it a little more a social network (rather than a cesspool of scammers). I wonder if anyone ever actually asked.
Here is what the price will do once we lose THE trendline (which is around 5500$ now). Once we reached it I have to assume we are going to bounce first. Should happen in the next 2 months. Hopefully in the next 2 to 4 weeks. I wish we drop in the next 2 weeks, bounce on that trendline , might go short once we do, then drop again SOON after and not stall for months on it. Oh my... I just KNOW deep down we are going to stall forever on that thing. Please NO. Make it happen like gold -0.04% , a bull run of a few weeks to maybe 9000 idk&idc, then just fall QUICKLY mini bounce on it and then just go straight through.
2010-2017 crypto was awesome, they never was this stalling, price always moved. This is because of these idiotic noobs that joined in 2017/2018 to "invest" still have not learned anything and think they will revolutionize finance. During our school years, people get progressivly filtered, by the time you are 4 years into university all the idiots got filtered (if you think this means all people that do not go to university are idiots then you skipped math class and common sense class necessary =/= sufficient), ok maybe not in pay to win universities, but usually someone with 60 IQ 0.14% is not going to build rockets... rather ask you if you want a plastic or paper bag (sorry for being harsh, nature is harsh not me). BUT there is no filter here. Remember that dumb kid that took 6 months to understand a joke every one got instantly or struggle to comprehend substractions every one made fun of? Well he has been working since he is 16 years old and he saved up alot -0.26% of money and he wants his piece of the cake.
It took him ages to understand 6-4 = 2, and now it will take him ages to understand the prices stopped going up and he got scammed and they would go down.
Luckilly for us it will also take him ages to understand that after going down, prices will go up.
Am I doing this out of pure cruelty? Yes (tihi), but we actually also need to understand what is going in the minds of people. In Forex I try to understand what is going on in the minds of hedge funds, in the stock market I am slowly learning about I try to figure out what is going on in the minds of fund managers and their clients (they manage at least 85% of the stock market), well in crypto like it or not the big players, the VAST majority are not investment banks or mutual funds. They are unsophisticated investors with no economic background, no hightech background (these have gotten in long ago and got out), no mathematic background, etc.
So I have to figure out what goes in the mind of a moron -.-
For the short term, trendline:
Depending on how we draw it, if the price does not go down, it will be reached in 2-3 months.
If price drops to 5800 it will be reached in 2 weeks.
Closing my short there, but not going long not 100% sure there is a big bounce, I have plenty of other markets to trade where I have more certainty.
What matters it will eventually fail and finally we will get what we waited for, but not all of it, bagHODLers will continue to insult anyone that isn't bullish on Bitcoin 0.07% , but when the price falls below 3000 $ that's when they will sell, STFU, and disappear back into the sewers.
It should look something like this:
By the way I am not making these comment out of pure hate for these fools, yes I want to punch them in the face they really deserve it :D, BUT we need to understand what is going on in their mind, that's all what trading is about...
Should all look like this, I call these baghodler bars:
To further confirm this it shall be required to look at Daily, 4 hour and 1 hour chart (yes look at 1 hour chart for both swing trading and long term investing, it all happens fast).
What I will look for, if that makes sense, is something that looks like a truck getting to destination and I want to make sure I can picture a big heavy truck going at x speed slowing down realistically just as it would happen irl. I want to see a drop, follow by an explosion down then a bounce, then as we reach T1 divergence on H1 chart, or at least some green candles showing that buyers are here and strong enough compared to bull (I actually mistyped bull haha ok I meant bears, bulls today but bears in a few months) to slow the momentum.
For T2 T final form I would be surprised to see this. What I will expect is:
- We lose 4000 support (T1 = 3869 btw), waterfalls down
- Bounces (most likely on 3000 after a drop of 25%), maybe 20% up. Buyers are showing signs of life.
- EXPLODES DOWN. Divergence on daily or H4 initially, but just falls non stop massively for 1-3 days. Minimum target is 2600 and keep an eye open for buying here, but I have a very strong hunch this will be a fire canon -0.31% ball. Sellers won't ever stop, the laggard sellers will get lucky as I expect large support to be found at 2000$ and below (2000 will probably get violated but can't tell by how much it will be pure random), and the buying will stop the selling. Sellers would keep selling till 0 if no buyers step in.
Keep your eyes open for the media saying Bitcoin 0.07% is dead in their headlines to get views like the dirty cockroaches they are :D
Keep you eyes open for CNBC making a tutorial on how to sell your crypto, and how to get your money back (I'm dying just thinking about all this).
ETH/USD 1D Chart- Long Sign (Daily chart never lies) :) It was difficult for me to find an answer to the question "whether ETH will break the border below 170$ " As most say. First I checked with 1-hour charter and nothing, then I went to a 4-hour charter, and nothing again. I decided to try on a daily chart, and here was the answer to the obvious reverse divergence (which shows that the market is oversold). Which brings me to the thought that as BTC is BTC is stable, ETH has stabilized as well. In the near future, we will find out if the bull that would shoot the market up will be big and powerful or just newborn.
I want to congratulate all those who play in the crypto world and to admit they have real courage. And with these actions, we may be jumping into the future. And each of us will be a part of this transition. :)
BTC MOON bullish divergent finnally back to 10K+ before EOYAlas we reached a inversely of the general trend. Bulls are starting to set phase to 10K BTC. The indication of the reversal of the axial long term support bands have indicated a fixed short term direction for the bulls to follow. This will create a set and easy to predict directories.
It is the end of lower lowers and we can follow with higher lows. Predictions based on pure ta and the positions of the solar system say we will reach 25K btc again somewhere in 2019.
The axial tunnel is a breakdown of the general support and long term resistance. These coordinates devided by their nominal parents times pie is the axial we have to follow.
All these complicated calculations aside we have the general news in mind and we will be able to set sail for leveraged longs.
Don’t forget to follow.
OCLN Origin Clear INC. Very High Risk Reward!ok so this is one of my least favorite charts, but its interesting.
This is a water filtering company to be blunt, but they do and serve a much larger picture. In about 10 years, water is going to be like gold, at least fresh clean water, due to the amount we use and pollute. Water filtering will be a big deal in the future, so this could be a huge play but in the longer term.
This has been a stock tanking for a long time, practically at a literal bottom. Theres more upside then down.
When you see a stock fall like this, you have to think they went bankrupt, or sales are decreased, but thats NOT the case.
This company is fairly active, and recently, along with many interviews and videos of their oporations.
They reported over DOUBLE sale revenue a few months ago, along with a few recent things happening with the company, along with a new way to oxidize and clean water.
anyways, just charting for future reference,
I see some upside swing from hitting that sweet 15 number, the increased volume in the last few months shows something going on, as its bigger then any volumes its had in its life.
FOLLOW for UPDATES, and check my other charts out!
Happy trading, debating and speculating!
So you really want to know where bitcoin is headed? Exposure.Hello my dear followers.
This time i'm coming with new discovery, which also contains my long term prediction on BTC.
Breaking the Enigma. Pt.2.
Wedge or Triangle?
From what i see on the charts and from past few movements, i guess we can have this sort of movement in upcoming weeks.
Completely matches with previous movements.
Again BTC looks like it want to touch 200EMA/MA daily, which also corelate with pattern on 61,8 Fibonacci.
But new thing that really disturbs me.
If i get the angle and complete timeframe in which i think this all may happen. It corelates with september 30.
Coincidence?
The ETF release completely matches with my prediciton on downside move to 6k.
Are we really in the triangle?
This could possibily complete the pattern, where we will reverse again from 6k touch around 6,9k reverse back to 6k and start a bull run.
Even tho my long term prediction plays with new lows. This could actually happen.
Wedge scenario would be in play, if on september 30 they would decline ETF to CBOE and we would freefall through 6k to 5k region.
Yes then Wedge scenario would be actually in play! And we would be heading to touch that sweet 3.5-3,7K Point.
Play Safe.
Jeekis
CRISPR Gene editing. Want your kids to have eagle wings? FUTURETechnical breakdown of CRISPR gene editing with ya boy Meteor Hammer,
First off, This technology really will change the future and these are the pioneers. could potentially end all disease and cure cancer, think about it... Amazing and spooky shit ladies and gentlemen.
This chart looks great. Price just broke through a critical line, and re-entered what could prove to be a falling wedge continuation pattern. watch for the breakout so we could head to $60.00 and beyond!
Get money and change the world? shiiiiiiiit.
Love,
SK
BITCOIN: The future?Loads of people are scratching their heads about Bitcoin at the moment, while some are chewing on their finger nails.
For those types the big question is ' Is it going to go up or down?' The latter is actually a novice-type question. Novices are occupied with which way 'it's going'.
More seasoned traders will know that all you can do is take a calculated affordable risk. I've entered long with a tight affordable stop loss on a daily chart. My reasoning is that there is a 50:50 chance of it going either way.
But also Bitcoin is about human psychology. 'Everybody' will be watching the weekly and monthly level of support. And that creates a probability that it could move north. How far north is the problem. Just to be clear: for every probability north there is a probability for the south in a 50:50 situation.
However, note that in the monthly chart price has a long way to go into the 'investor Guppy zone'. So it's possible that if the current apparent support is broken, that we would see price crash into the 4000-ish mark (near the Fib 76%) before any meaningful rebound.
Note also that on the Monthly time frame this is still a bull market. " Really? " you exclaim. Yes. Note the following:
1. Big wide investor Guppy zone (in green not yet penetrated).
2. Vervoot (amber line) well below the Guppy investor zone.
3. Time momentum on the Aroons is still bullish.
4. Price momentum is still positive but heading into a squeeze.
5. RSI is still above 50.
The above is the evidence available to everybody. There is a possibility that Bitcoin is a 'young phenomenon'. In 20 year's time this current 'crisis' of confidence could look silly if it reaches 100K to 500K. Hold your horses - none of this is advice or encouragement to buy Bitcoin!
My expectation - not prediction - is that if price breaks down from 6000, a bull run from 4000-ish is likely. That doesn't mean that price cannot go lower than 4000-ish. 2000-ish is certainly possible.
So if 'one' had $10,000 USD and was comfortable with a $8000 depreciation and was looking 20 years ahead, then one could jump in. I'm not 'one'. :))
last decline before the big riseAs seen from my previous chart there is a big amount of Bulls as Bears witch result in staying in the middle. In my opinion the bears see that they will not make the big drop anymore, so bring the BTC (orange line) back to 6800 to give the last chance to buy for those who missed the last 6000 level.
Meanwhile the altcoins (yellow line) will profit from that and make a shoot average 50-60 %. Ones its clear the big fall not come and BTC rise again money will flew to the btc despite the altcoins.
Later stadium, people will be careful with the high btc, bears have invested low, altcoins will be to low again, so people start invest in altcoins witch will shoot up average 200 %
Good news that people make good profit from coins, bad news maybe from stocks will give an extra push to the coins with huge profit.
the only think to look for then is when we reach the top, when its time to get out. (60,000 $ ?)
ETF effect on BTC If ETF is not gonna be approved and everything doesnt go as planned we could test 4k support which is a solid one.
I think that ETF is gonna be delayed or cancelled, people will start dumping and test new depths, this would be a really good purchase at around 4k, but if it doesnt hold we will have 3.5k so keep that in mind.
DISCLAIMER: I'm doing this just for fun, I'm not an expert I'm just a guy that likes Crypto and TA, before you trade do your own research or trust me, but at your own risk. I'm not financial advisor.
BNB,Binance Coin.Believe me,this is FUTURE.Hi Guys
Lets take a look to BNB,believe me this is one of the rare coins out there that is really usable.This is what that we can count on it,not like BTC and other Alts with exactly similar chart to BTC.
Yes,this is one of rare assets out there that have an independent movements,many people out there believe that it move exactly opposite than BTC but i don't think in it in that way.
As you can see in my chart BNB have a Upward reliable channel from Feb.If it moved against BTC, it couldn't form this clean upward channel and we have a mirror chart of BTC now.
In this chart you can see how BNB had healthy reactions in each Fib levels,and after it retrace itself from ATH in fib 78%,start a Ascending Channel and moved forward.
We had a higher upward line for this channel bottom(black dotted line) but as you see we go little lower to form this channel little wider.In RSI we have a similar movement and now we are to test that level again and i expect a bounce here.
Let's zoom in little,we have a bullish wedge here and actually we bounced from it and now testing it as a Support.We have black dotted line above us that play as resistance now.We need to break it first and after that we will close to our last ATH soon.
In crypto market this kind of healthy charts like miracle and i really think this will be one of the most successful coins we have in market.Don't remember that its coin of biggest and healthier crypto market out there that plans to add more tools and assets to market,Binance plans to make first decentralized market in world,honestly,forget the hype,if they can do it,it will be a revolution in market.
Don't forget to like this idea,thanks again to read my analysis.
Good Luck
Peyman A
Now EOS needs to decide..Welcome to EOS chat guided by fibonacci resistence levels drafted 4 months back tendencies. EOS has Broke the bearish tendency with an Beautiful Morubozu and now is under a pull back to 0.5% Fibonacci at 8.5 and failing on it can takes 0.68% of retraction at 8.2 due to a slight sell volume pressure after great buying volume .
Let's check it out!
My theory on BTCUSD future movement ($4.5k bottom)!Well this bear market is now 6 months long. It was inevitable, January parabolic blow-off was just too extreme for COINBASE:BTCUSD to digest the gains. After first month of bear market I saw a lot of people on social media talking like "Yall wait for summer!" and it was just absurd in my opinion. Although if we compare stock market with cryptocurrency market it's speed is like a speed of sound to a speed of light.. But still... it's cyclical!
Fact is that 70% of people in crypto in December, January was "average Joes" who saw gains and wanted to get rich quick and I blame media mostly for that. Keep in mind that some of them are still in it and already forgot about the money that they invest and are waiting for market to turn around and break even if possible. That is why I think it's going to take a little bit longer than expected, I'm expecting 3-4 break-even sell off around $10k , $12k and $14k-16k.
A lot of people (even my-self) was watching $6800 level where Triple bottom formed... It was broken with ease, but I had another theory al this time:
COINBASE:BTCUSD in my opinion there are two ways bear market will end or it will continue to a level where bear will be exhausted enough for bulls to take-over control.
First:
Bitcoin will touch $5k level area inside a September 2017 high and low channel. And then proceed upwards!
Second (in my opinion more likely because trend line and support cross there) :
Bitcoin will touch and bounce off the $4.5k area, in this area September 2017 low trend line and Fibonacci level 0.786 (also 2017 high and low) cross which could provide enough strong support for the price to bounce of.
Note: If COINBASE:BTCUSD breaks below that $4.5k (and closes below) forget about this idea and look for a another potential buy zone opportunity!
Note: This is not a financial advice in any form is just an opinon based on price action! Please leave a like if you find this helpful, or a comment if you want to add something! I'm here looking to grow a community where we all communicate, exchange ideas and so on! Peace
BTCUSD From Aug 2013 until 2017 Fib give 88.60% Support at $3200Well You see the Very low Support Level was at 88.60% on this chart.
If you have noticed that this price action is the same as we are in right now. I have posted also the chart from november 2017 until now in my TV so look at both charts and you will see identical price movement in both chart.
First the Highest bar and then the first low after the High it stops at 61.80% fibo level.
Also the waves after the first are identical.
So if we go through the whole fase than our support will be at 88.60% level!
on the latest chart from BTC that i have posted you can see that this level is around $ 3200