Reckoning day will eventually come. This might be it. Bitcoin has continuously closed daily RSI Above 80 and market momentum is coming close to a cross of 50/100 HMA.
Lets see how this plays out. I believe temporary bottom is in for now and we'll test 11k area before heading further down.
Hi BCH holders. I feel you, past 24 hours have been rough to watch and quite extreme sell offs have been seen in the market. Now i ask you to not let your emotions get in the way and i promise two weeks from now you'll look back at this and remember how silly it was to worry about a slip below 1000 usd. The good news is that likely every single person who...
Hi Fellas, After a few days of great market activity, we are ready for another BCH move upwards. We saw a beautiful bounce off .78 fib retracement and it should mark a reversal for the downfall from 2.8k. This move down also acts as a RSI reset. Now BCH might power straight to our target of 2.8 - 3k without retracing a bit from the .382 FIb as the arrows...
Hello Fellas, I hope you didn't get shaken out by yesterdays event. It was noise and Bitcoin Cash now has completed its 4th Elliot wave. We set sails for 1k now and then beyond afterwards. There's now only 1 bitcoin that has an actual scaling plan for 50.000 TPS with graphene & 1gb blocks that'll be able to support the mass adoption Bitcoin needs to...
Hi fellas, BTCs top is in, and it's time for to extract the gained value into alts, as the new alt season begins. OMG has found it's bottom at .618 fib measured from the bottom at 0.54 usd to 13.7 usd. 4h RSI bounced at 11 and MACD will flip in roughly 16 hours. My target consist of retrace to .382 fib roughly 8 - 8.5 usd
In wake of the coming fork, i believe attention somehow will find it's way to Bitcoin Cash.
I've come to believe that this crypto index is a very good indicator of which direction crypto is moving. We observe crypto as a complete market and make of best predictions. Recently crypto has been more explosive than usual, which can also be observed by the spikes. i do not believe this is sustainable for the time being, and i would not be surprised to see a...
Yesterday was euphoric for many traders, which was swiftly followed by broken dreams. A lot of traders got trapped and panicked as ripple moved below .27 I will argue that we simply made a new high with a higher low. Until Ripple confidently breaks my trendline, i'm staying in my long position. We'll likely see big news out of swell the next 48 hours which...
With Swell just a few days out, and BTCUSD most likely consolidating over the weekend i believe there'll be space for more up in XRPUSD Rough targets: Target 1 - 0.3 Target 2 - 0.33
This crypto index is based off the top 4 cryptocurrency coins which is the most reliable indicator of the market in my opinion. The current movement in the crypto space looks extremely similar to the July crash and August recovery. My idea suggest we'll see the same slow grind recovery as August, followed by a sudden boost around end September / start...