As you can see on the chart, this might be an obviously huge pattern we're following on the weekly candles. If we are following this pattern, currently we are in the beginning of the number 3 cycle on the chart. We haven't had the 2nd and 3rd cycles after the big parabolic rise to get into the huge crash in 2014 again yet, assuming we're following this...
If you checked my previous idea on BTC, you can see that we have too many signs for a bull run which we shouldn't ignore. Even if it's not certain, it's always the best to take position for all circumstances. Before we rise, i think we will have a small drop to around (minimum) 7.5k where we have decent support and that spot also corresponds to the bottom of the...
Here is a reasonable correlation of BTC patterns and why we are at the end of the bears. As you can see, the first chart shows the 2013 crash(not the 2014 one. this one took about 4 months, just like the one we have today-and it broke out after 4 months). The movements aren't exactly identical but the hype, popularity and insight wasn't the same back then, so in...
Here is XRP forming a saucer pattern, we can see that we've probably bottomed out here, where we also have a bullish divergence on RSI strongly signaling a bullish reversal. And it just gets strengthened with it being in the oversold region. We're at the end of the trendline end-we're just too close to the reversal, which may also lead us to new ATHs. Keep a...
As you can see on the chart, we have bullish divergences of RSI and MACD signaling a reversal and the price found a decent support around here. Having some strong resistance to beat before mooning, it still looks like we have a great entry level here. If you zoom out to a bigger chart,you can see etc was already in a long term bull trend until the CLO airdrop...
Let's discuss about these extraordinarily identical patterns. I'm not really into making correlations to past events but it's clearly visible that we're experiencing a flashback to 2017. The first chart is as of now and on the second one you can see the correction on 2017 and how the bull cycle started on 2017-september. You may say; well, that doesn't mean it...
Recently there are many rumours-doesn't matter if right or wrong- that we are having a crash similar to 2014. Although I'm not a true believer of it, we had similar waves until now. The action inside those waves were almost identical, what mattered was the speed-as seen from the 2nd wave on the chart comparison. And I think that since we could make it through...
I'm here to rediscuss the idea about the Grandfather paradox,but a little different from it. On the first chart,you see Mr Evil Bitcoin.Alone. While on the second chart, you can also see his twin; Mr Good Bitcoin after him. They took this picture in 2017,and that's when we last saw them together. He had his ups and (rarely)downs through the year of 2017. However,...