The mother of all Bollinger Band squeezes crossing the middle line on the Weekly chart. As a neutral I can see $XRP will eventually explode! Perhaps a break out won’t happen for several months but we can likely see new ATHs in April/May next year and if BTC reaches $200k at the end of this next bull cycle there is no reason why the same speculative money won’t...
BTC looks very bullish on the 2 month chart; it’s just printed a Dragonfly Doji candle which is a powerful sign that a high time frame bottom has occurred and we will likely see higher prices long term from here on in. RSI is strong, price above the 20 MA on the 2M, MACD crossed on the Weekly chart. All signs pretty good. Follow me On Twitter @justlite10 for...
Firstly I'm using BTCChina as that is the oldest exchange that is used as a confirmation by chinese who trade on Huobi and OKCoin. As you can see I have drawn a trend line (green) from the september 2013 low (FBI raid of Silk road). Yes its a very bullish Scenario but EW analysis puts the current price at completion of wave 4 and I believe we have bottomed on...