Theres nothing simpler than trading a breakout. Unless its a range before a potential break out! Litecoin is ready to lift off. $420 minimum which puts it at the top of the range. A break north could trigger a run from $420 to 800, or even 1200!
It's crazy. 2 years after the hammer being dropped on XRP, we are weeks away from a potential end. Or worse yet, a potential extension to the case where we goes to trial. At this point, XRP's fate is basically a 3 sided coin toss. Lawsuit ends favorably for XRP 33% chance. Lawsuit continues via a trial 33% chance. XRP is a security 33% chance. This puts the risk...
Crypto loves triangles. This one is ready to blow in XRP's favor. Why? Money flows first into Bitcoin. Then alts. This is a result of how Quant Funds operate. They exhaust one asset, then rotate funds into other assets to achieve outsized gains. Bitcoin is sleepy. If there is upside left in bitcoin, it certainly is magnitudes smaller percentage wise than...
During bear markets, the best thing to do is zoom out. Way out! Global debt is at all time highs. From March 2020 to today, money supply has more than doubled but somehow the DXY is higher than it was in 2020? ZOOM OUT. The fundamentals for crypto have never been stronger - especially crypto that is real money for real problems like XRP with its global ODL...
Fundamentals of a dollar decline are intact, albeit temporary strength has been breathed into the DXY by other collapsing currencies such as the Lira. However, the continued printing of fiat will certainly lead to its diminished value against stores of value such as crypto and gold. On the macro level, crypto continues to act as a dollar fiat hedge. While earlier...
Summary : XRP is forming a macro cup and handle on strengthening fundamentals. This formation is highly constructive and depending on the timeline it takes to resolve, XRP could easily be at $19 by February of 2022 or $57 by July of 2023. Catalysts : -Jeb McCaleb's supply will be exhausted by Q4 FY2021 to Q1 FY2022 -SEC Enforcement action resolution within 18...
...and down will come DXY, 30 percent and all! This is not financial advice.
There are a lot of people calling for more downside from here on the EURUSD pair. I think they are greatly mistaken and are victims of hysteria and hype. Unless we are invalidating a multi decade EURUSD uptrend, we are currently still within a relatively close proximity to the absolute FLOOR as depicted in this chart. You have to remember that institutions and...
As you can see, as the dollar falls, XRP rises, to a much higher degree. As the dollar rises, XRP falls. Hence XRP is a superb Dollar hedge if you believe that the dollar will soon lose value. A significant breakdown of the DXY rising channel would send XRP skyrocketing. XRP, the best DOLLAR HEDGE in my opinion. This is not financial advice. This is my/our...
This is not financial advice, JUST AN OPINION. We are technically in the mother of all triangles. If XRP breaks out of this triangle, there could be a 1000 percent gain against bitcoin. WOW.
In no way is this financial advice. The only advice we have is that you share this chart, post to your twitter, duplicate, etc, but please give credit where due. This chart outlines our longer term BTC opinion. Talk to your financial advisor if you're interested in taking part of the crypto revolution. This chart is our latest projection and removes all other...
BTCUSD Weekly Chart Analysis 9:00PM EST Bitcoin momentum has been waning over the past few weeks with a rounding top pattern forming. While the 9 Exponential still seems to be holding the price, the Bulls have lost their steam and there has been a drop-off in volume preempting a major move on the horizon. The simple fact that Bitcoin has rallied this far this...
Hello, After further analysis we are taking the position that Bitcoin dominance is an overblown metric and does not predict price movements in other coins. As you can see in this chart, bitcoin dominance increases and decreases while price does the opposite sometimes and the same other times. All bitcoin dominance is really saying, at least for the past few...
BTCUSD WEEKLY Chart Analysis 0:00 EST ALERT! It has just come to our attention that Bitcoin is in EXTREMELY close to initiating a death cross on the weekly MACD. Last time it death crossed like this, Bitcoin put in a top at 20k. This could signal a move to the longer term support, right now around 6500-7000.
XRPUSD Long Term Chart Analysis 10:30PM EST Look... this is the last post from MarketMotives until the impending bullrun is well under way. It is clear to us that this is what is likely going to happen. Just look at the pattern before the previous explosion in price. Look very very close. Its a mirror. By no means are we advising you to do anything here...
BTC.D Daily Chart Analysis 3:00PM EST Bitcoin has been on a tear in recent months with shorts being squeezed out of the market and new money flowing in. While Bitcoin could remain bullish temporarily, what is certain is that other crypto assets have been neglected. Some holding other crypto assets may have converted their assets into BTC which led to further BTC...
XRP Macro Opinion 1:15PM EST Inside the pink box is where we are in the XRP market cycle - ending the accumulation/consolidation phase. Bitcoin and LTC led the charge, but soon XRP will follow. DISCLAIMER This Content is for entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or...
BTCUSD 12hr Chart Analysis 6:30PM EST Bitcoin is trending upward from the Short Term Support ZONE and currently encountering the 100MA and 50MA intersection which is a potential reversal point. A break above this intersection, 10,488 spot, could be a signal to a retest of the Short term resistance zone currently at 12,000. A rejection from this intersection...