madyanmalfi

madyanmalfi

Looking at BTC history we can see that every cycle we reach new all time high but its increasing at decreasing rate. Means first time BTC increased ~58566% from 2.01$ to 1,177.19$ but next cycle we only did ~11,960% from 163.88$ to 19,764.51$ thats ~4.89x less than previous cycle. Third cycle also got a ~5.72x decline that second cycle, a drop from ~12,060%...

madyanmalfi

There is a Bullish divergence RSI now , price is more likely to bounce or consolidate in this zone , dropping further seems very unlucky.

madyanmalfi

I am going to keep this simple and clear , To me this past 3 months and half of up trend is fueled with very low volume. I would like to see volume picking up or a huge dump is hiding behind the shadows!.

madyanmalfi

The week has closed above the 21 Weekly EMA, a bounce from is the last hope for bulls. We will have a bullish divergence if we get a clear bounce from the previous bottom. Trade still on from previous post with stop lose if daily closes below 45,000.

madyanmalfi

Fear and Greed Index is at extreme fear now at 20, and it will go lower most probably by the close of today. I am longing BTC heavily now with a stop low below 20 Weekly EMA at 45,000 if we close daily below it. 20 Weekly EMA has been supporting BTC for the previous bull market , and with this very low Fear and Greed index , it makes so much sense to buy now. (...

madyanmalfi

XRP is still dumping so hard , But could it pump much harder after the dump as it did in late 2017, Well its a possibility and I would love to risk buying here with small amount and HODL for few more months. Buying now is so dangerous "don't try to catch a falling knife", but longing with amount that you really afford to lose isn't a bad thing now. XRP bounced...

madyanmalfi

Bitcoin started showing some weakness we might drop form here in short term or consolidate in this region for coming days.

madyanmalfi

XRP has "brokeout" from 3 symmetrical triangles in the past few days without any reaction and significant, But now it's clear to me that we are moving in a Descending channel. Waiting for opportunity to long or short this break out :).

madyanmalfi Updated 

Breaking any of these lines will determine Wither XRP is going bullish or bearish in the short-mid term.

madyanmalfi

Yet XRP just made anther bull flag , are we going to break up just like the previous bull flag , or we will head lower !.. Still holding my position with stop loss slightly below 0.60.

madyanmalfi

We are forming a falling wedge in the 1H chart , The chance of breaking upwards is 68%, Got in long positions with stop lose below the wedge.

madyanmalfi Updated 

We have formed double bottom and waiting to break the neckline for a long opportunity.

madyanmalfi

BTC most of the times tend to duplicate previous moves, and watching these duplicates can be very profitable. BTC now most likely is going to test 12K again.

madyanmalfi

ETH started to show some weaknesses in the uptrend that we are in now. if we cant get a higher high in RSI its most probably that we hit the top or very close at it.

madyanmalfi Updated 

BTC is currently breaking up an important trend line , however in RSI we have divergence in the 4 hourly chart!.. Be careful guys!

madyanmalfi

We are trading in a symmetrical triangle and I have taken long position with a stop lose as its showed on chart !

madyanmalfi

This looks so obvious that bottom was already hit , and now BTC will trade in 4200-5200 zone until Corona shows some good signs of controlling it.

madyanmalfi

We have got the highest weekly volume in XRP HISTORY , This to me looks as a good sign that we are at boom or very close .