Possible BTC roadmap to the 1.618 fib extension??? Factors to why we can see this: 1. Everyone and their mothers are bearish on stocks and crypto. 2. We are in oversold territory on smaller timeframes and near it on the weekly. 3. People saying it can't do this... NFA. This is the weekly chart.
The Federal Reserve will continue to create more money and debt out of thin air to "stimulate" the economy that is past saving. The economy is in a worse place then it was in 2008 when you look at the money velocity. This massive drop in the DXY will result in a massive move up in stocks, metals, and cryptocurrency. There is a clear head and shoulders on the DXY...
There is a clear head and shoulders on the DXY weekly chart. We have already had our break of the neckline and retest of the neckline as resistance. Any bounces will lead to stocks taking a hit then when the DXY rolls over itself stocks will get a boost along with metals and cryptocurrencies. With the Federal Reserve on a money printing spree to do anything to...
Cup and handle forming on TLRY hourly chart. Had a clear break out of the formation and is now retesting that trend line for a continuation up.
Don’t be fooled by the small move that happened today on the DXY. The dollar has fallen out of a multi year long head and shoulders. With the FED about to create trillions of debt the value of the dollar will fall while stocks, cryptos, and metals all go on parabolic runs beginning late this year (maybe even after the election, because the market doesn’t care who...
Bitcoin just completed the golden cross on the daily chart. 50 MA crossing over the 100 MA is very bullish and could send Bitcoin up to $10,000 and beyond.
Bull flags are continuation patterns and breakout is measured using the flag pole (blue line). A measured move to 15.30 is expected, also there is plenty of room on the hourly RSI to move higher.
I see bullish divergence on BA daily chart. Selling pressure may be getting weaker which can lead to a nice pump up. Time will tell, currently watching.
Lite coin pre LTC halving lead the market as it went up to $140 and Bitcoin went up to $14,000. LTC just broke its long descending channel and could be a precursor to bitcoin breaking out of its channel. Lite coin could easily see $100 again and Bitcoin could be back around $14,000. And if you are bearish and say some price targets of $2,000 you just simply...
This stock as been on a tear for some reason. If we see a correction I marked it on the chart what level we could see it reach. The bearish divergence on the daily chart signals it needs to come down. Also a P/E ratio of 250 isn’t healthy at all. This stock will drop and it will drop hard. $25 price Target or lower. I feel like this stock is built around hype...
Back in 2017 XRP made a pattern people are calling a goose neck (circled parts in price action and RSI). In my opinion this goose neck will be finished on January 27th, then from 1/27- 2/6 I can see XRP reaching $15, 2/6- 2/28 a retest of previous highs ($3.50), then 2/28- 3/22 a rise to $60, then a large sideways trading 3/22- 10/11, then a final push to $500+...
I personally think that the way Bitcoin will be trading the rest of this month is sideways, we still have to close the CME futures gap with is outlined by an orange rectangle. Once we close that gap and trade out sideways I see another massive run up to the $9,500 level which would be the target for a measured move out of the descending channel. So right now I am...
Golden cross on the weekly just happened, last time this happened Bitcoin rose 75%
Better get your longs now and ride this to the top. Golden cross will signal a huge buy in opportunity and just in time for the end of the year run. Note- I hid the candles so you can see the moving averages clearly.
With a golden cross potentially on its way I would be expecting a breakout of this bull flag of 170% in the coming weeks after the golden cross happens. The bears will try to say its dead and it is going to drop lower. Another thing to note is that we are trying to bounce off the 0.618 fib level. This is an important zone for accumulation and for the bulls to push...
I would long BTC here and I will tell you why. 1. Bullish divergence on the daily chart with RSI going down but price movement is stepping up. 2. Found support at the key .618 Fibonacci line. 3. Lastly buy when others are selling, to ensure you get it at a lower price.
People are looking at the wedge that we feel out of, while they are too busy talking about the wedge we fell out of they failed to see the bull flag that we are still in (dark red and dark green lines). The wedge is the dark red and the light green lines on the chart. Bitcoin also formed a double bottom on the daily (easier to see on lower time frames).