BINANCE:XRPUSD -XRP is starting to show signs of strength as it passes through the MICRO DEMAND LINE. Several attempts of trying to break through have been made in the past, but it just didn’t seem to have enough gas. Some hidden BEARISH divergence can be noticed on the RSI possibly signaling some pull back in the mix. The MACD is showing a full tank with...
When comparing BTCD to TOTAL3, Alts coins are in their adolescents. The dominance chart has just printed a nice evening doji star candle on the weekly TF, while in the 1.618 fib extension window. When looking back at the previous market cycle, the same signals are being presented. Alt coin season is very close. There could be another pull back before altcoins...
COINBASE:BTCUSD I am anti-pessimistic, but when considering the MACRO demand lines and Fib Extensions, this thing could continue down much more if it wanted to. So I think its best to be prepared financially and emotionally for potential major dips that could possibly come.
DeFi may be done with its long break as it aims toward the top with strong momentum and the Gaussian channel showing that it is making a U turn. Big pumps may be ahead of us this month if we can hold above the .618. CRYPTOCAP:TOTALDEFI
It has been a glorious battle of the Bears and Bulls this past week. BTC has been moving well inside of its newly developed flag and preparing to test the MACRO descending channel. If price breaks above channel and holds, BTC may be on its journey to test the ATH. If price gets rejected that will be our signal that the battle continues and the bears are not...
COINBASE:BTCUSD New bull flag in the making, exiting the bear flag with higher highs and higher lows.
We have been riding the top of the wedge as we enter into the narrows. I expect the market to drop down and find support toward the bottom portion of the wedge before our next run up. Followed by some bullish movement for the next couple of weeks as we prepare to test resistance levels at the previous high @ 355B. CRYPTOCAP:OTHERS