Over the course of the Tezos life span, It has been forming a massive Ascending triangle. A series of higher lows has developed starting from the genesis candle. I would pay close attention to this formation. If XTZ is able to break upwards resistance, it may search for Higher Highs. Of course, this is a probabilistic set-up. DYOR.
I believe the May 2020 Halvening event will be a BUY THE RUMOR, SELL THE NEWS event. BTC will break out of the long term triangle and temporarily print new lows - possibly the $6,400 range. Then once sentiment is negative and sellers are exhausted, set your engines for a new Bull Trend and a rocket to the moon (new highs) as buyers return to the market,...
BTC looks to progress in a major Bull pattern. I would expect a BUY THE DIP opportunity after a decent sell-off. Then set-up to break the pattern for higher-highs. 80/20 odds. #notfinancialadvice
Tezos has seen a significant increase in volume after the news that Kraken was going to allow full staking services. Now, Coinbase, Kraken, & Binance have announced full staking services for Tezos. With a 7% annual ROI for staking, Tezos is being positioned to be a high-interest savings account for its holders/stakers. As I have noted in the past, I see this...
XTZ/USD has been in a tightening EQ pattern for weeks after a large bullish move forming a large Bull Flag. We can anticipate a break of this EQ pattern in a short to a medium-term timeframe. One indication that leads me to believe this pattern will break to the upside is the current price action on the XTZ/BTC pair. This trading pair was recently in a similar...
ETH looks like it could be setting up for another move higher. Based on resistance levels, I believe an 8%-9% move would be likely. This would put the price at the +/- $240. Good luck!
Based on this 900+ day resistance trend line for LTC, what seems to be the next logical price movement? Place your bets.
I've been trading BTC for years at this point. I have seen many equilibrium patterns play out. This particular BTC EQ pattern is one of the largest I have seen. It will break. In Bitcoin, market contraction leads to market expansion. There is no telling if it will go upwards or downwards. The most important thing to do is be in a position to react appropriately to...
Tezos just saw a 20% move off of its current trading range around the $1.00 area. I believe smart money will begin taking big positions in this coin at this time as they accumulate XTZ these low prices and prepare their positions for the next Bull Market. This is a coin and a project to keep your eyes on.
Hooray!!! BTC 3-Day Golden Cross not seen since 2016 confirmed. Hopefully, this will shake up the price action and break the monotony!
If anyone was around for the 2017 #NEO run, we all know how this one plays out. I'm not missing it this time around. #LONG
BTC has been on fire. The weekly RSI is at levels not seen since the December 2017 $20k top. This is an idea based on the BTC 60-day cycle. The RSI is showing Bearish Divergence, which could signal that buyers of BTC are becoming exhausted at these levels. Based on the 60-day cycle and the bearish divergence, there is a possibility that BTC will pull back to...
BTC is looking like a coiled spring ready to take off and test the $6,000 level. BTC has touched the Fib levels perfectly as it has laid out a series of higher lows and higher highs. I would look for BTC to break out of this Bull Flag to meet resistance around the $5,800-$5,900 level. After that, who knows? That $6,000 order book is going to be big.
Looks like BTC is forming a clear Bull Flag Pennant. If it breaks out, I would look at the $5,500 resistance zone as a next target.
Tezos fundamentals are looking strong as it breaks out bullish from a long weekly EQ pattern. Major Bullish RSI divergence. Increased accumulation volume. First on-chain protocol upgrade almost complete via formal verification! If you understand 3rd Generation blockchain tech, you may want to start building a position w/ XTZ at these prices:)
ETH/USD is about to have a Golden Cross on the 12 hr chart. Let's see if this signals a major momentum change and we start to see ETH head upwards past $200 and beyond. This indicator if realized could identify a great time to add to LONG positions for ETH.
Disclaimer: This chart was inspired by a popular Youtuber and experienced trader. It's an important trend which should be shared and studied. Based on Bitcoin price action in 2014/2015 Bear & Bull Market, the 50 day and 200 day moving average crossovers were clear indicators of the beginning and end of the Bear and Bull markets. Based on the current 50 day and...