Past events indicate that BTC might be starting a retrace as we speak. Look at the indicator at the bottom. The last time we saw a bullish divergence (indicated by green line between the bottoms) was right before bitcoin started to go back to the upside. I now have reason to believe that the bitcoin bottom for this pullback is in and the retracement can come in...
The latest bitcoin crash has caught all of us off guard. I believe that because of this crash, the bull cycle for bitcoin has ended, and it´s now time for altcoins to shine, primarily XRP, as it hasn´t shown significant growth in this cycle. Let me make this clear. As of the 4th of december we are in a bitcoin bear market. The altcoins have taken off in the...
The fractal you see is taken from the Bull run we saw earlier this year. This would in fact be a unusual ending to a btc bull cycle, since we saw a "blow off top" or a sharp increase in price followed by a sharp decrease in 2017/18 and 2013/14. But, due to the pullback in May that lasted all the way ´till august, this is a scenario would play out nicely. This...
The total crypto market cap (TOTAL) and the total altcoin market cap (TOTAL2) have reached and broken the .702 retracement. Expect volatility in this area, so be careful with your trades. If we can make it past the .786 with confidence, the bull run can finally resume. See you on the moon 🚀🚀🚀
Take a look at the 2017 fractal and the triangle formation it formed compared to the current market cycle. Triangle pattern, fractals and fib extensions all line up. Not to mention that if you line up the fractal with the top of the current bull cycle, which is around 1.95$, that fractal points to a ATH in the second half of Q4. Again, just like in 2017. Too many...
Take your time and look at this! The longer you look, the better it gets. The setup is just perfect, great time to buy as we might never see those prices again!
XRP has tested the ascending trend line multiple times, it might break out of the triangle it´s forming. Breakout will likely be to the upside. Just an Idea, not financial advice. :-)
A quick recap of price action and events in February and a price analysis for the beginning of March. I hope you like it!
Please note that this is not financial or investing advice, just a speculation based on recent price action. Different scenarios are possible.
This is not financial advice, just an observation . If we get really good news from the SEC lawsuit on the 22. of february, price could even break the 0.76 resistance and turn it into support andd go to the 3.618 of the fibonacci :-)
