The U.S Dollar has been on a parabolic uptrend that has brought a buying opportunity to many assets such as Vechain/USD! Ever since 2015, the DXY has always created an inverse effect on the Etheream/USD chart. With that being said, the charts show a correlation trend with VET & ETH movements. VET has always out performed ETH during its previous alt seasons,...
The comparison with Vechain against Bitcoin lets us know if this harmonic trend continues, then we should see a break out of the ascending triangle into new all rime high around December-January 2023. The exchange Mt.Gox, and the distribution of their lost 200,000 Bitcoin back to their customers will begin in August with the ETH 2.0 Merger late September! These 2...
BTC crashed 87% and 83% in the past. 4% difference , deduct that from 83%. That puts it at 79%. A 79% crash puts us at $14,500 . The $20,000 crucial support was lost. Next crucial support is $14,000. Some food for thought.
Made a call long ago from $8 to $30 and now its time for $13.64 to become $40! Weekly chart shows something big is coming in the next 3 weeks. Aside from the bullish news, the charts are bullish.
I'm currently short on Oil by shorting GUSH and longing the inverse DRIP. Besides global economic uncertainty, the markets are still showing weakness and not showing any signs of recovery. Also on the 2 day chart, every death cross or green dot shown on my indicators has always resulted in a massive dump.
I recently entered a 10x long with XRP/USD. With Bitcoin gaining momentum, I strongly feel that XRP will slowly start impulsing to mirror Bitcoins movements. The next XRP goal will be around 0.30-0.55 cents! If Bitcoin decides to starts rallying off while XRP trades sideways around 30 cents that would be too good to be true, which leads XRP to likely mirror...
With the Bitcoin halving already happening, and us continuing this 'Disbelief Phase" and uptrend, I think its very obvious the Bitcoin will have an Upcoming pump. Every time and recently last time the 2 day MAC-D crossed, Bitcoin found Support on the 200 MA line which then resulted in a pump. Additionally, Bitcoin making old resistance into new support around...
The graph clearly speaks for itself that we are on the edge of new prices for GOLD . Similarly the S&P 500 is also close to entering a new ATH as well. It just amazes me how Bitcoin is so similar to Golds Macro trend but it doesn't surprise me since these assets always move together. The reason why im so attracted to the Gold Futures Charts is because I strongly...
Quick post; Every time we got a golden-cross on the MAC-D 2 day charts, It resulted in a nice pump!
XRP WILL MOON WHEN THE S&P 500 makes a new ATH. Before XRP/USD blasted off March 14, 2017, I wanted to see how the global stock market sentiment was. The GREEN RECTANGULAR ZONE represents the suckers rally crypto and the stock market had before the SILVER RECTANGULAR ZONE. Entering the SILVER zone we had so much back fear in 02/24/2017 because the Dow Jones had...
Theres many factors and strong fundamentals on why I am predicting a spike increase on the XRP price in the next 2 months. Mainly and simply because BTC.D just broke its uptrend and will be crashing soon. Historically speaking, XRP/BTC forms a huge descending triangle and right before it starts the new cycle, NOTICE how it makes one more NEW LOW into the PURPLE...
In the coming bullrun, Im predicting BTC will reach somewhere easily towards $300,000. Obviously, the years 2021-2022 are going to be very volatile into price discovery.
Obviously with so much QE and fractional reserve banking going on with the pandemic, the U.S dollar will crash which will eventually send GOLD futures and crypto market into price discovery. Last time we trended back in 2017-2018 under this MA line, the bull run happened.
With XRP coming out of a 900+ days bear market and new bull run around the corner, the first impulse should be this 2020. Im anticipating BTC to out perform XRP which will lead to one last dip then resulting XRP to start its bull run. Of course nothing is promised, but I will use historical data to support my ideas and the global economic status with infinite QE.
BTC Currently around $9,050! Historically speaking, Bitcoin has always given us months of consolidation and sideways action after the halving. Its not until 3-7 months later until BTC starts to impulse up to make higher highs. Although im expecting a huge drop to 8600 before we move higher, if history repeats itself then we should be waiting on the break out of...