Here is my Bitcoin prediction. As shown in the chart below, Bitcoin has created a lower low on the daily chart, however, the RSI (Relative Strength Index) actually made a higher low and has since made another higher low, which indicated that sellers have dried up. So, who is selling and why is price going down? I think we are getting ready for a wave 3 to the...
Look at the DXY, we are now all programmed to accept that markets are doomed, and we must sell all risk assets, however, DXY is quietly fading. Right now, DXY has broken the parabolic curve on the 3-day chart with double bearish divergence on RSI
I have been looking at the Cardano chart today and noticed that the longer-term targets would only be met IF Cardano has already bottomed. So, if you're expecting higher prices for ADA, I would consider this a bottom as when you pull the Fibonacci retracement tool from 2017 highs to the lows it gives a 1.618 target which is in a similar realm as to if you pull the...
Here we have alt perps, showing what looks to be a bullish pattern but lacking volume. Most of the time, volume is obtain from violent moves in one direction before we start impulsing in the opposite direction. I am looking for a sweep of the lows in coming days before we get some impulsive action to the upside. I am most interested in bitcoin cash, xrp, litecoin and eos.
This is my alternative bitcoin cash idea. Break the lows on the market cap and price before starting anew cycle.
Look at the high timeframe moving averages for ZIL (Zilliqa). The last time they looked like this was just before it went up hundreds of percentages.... Does history repeat?
Igore the FUD news about Paypal... The bottom is already in...
Here I present a potential XRP correction towards $0.34-0.40 which gives a very nice short set up which would also provide a nice entry zone for longs as I do believe XRP is in a longer uptrend.
Holochain has been lurking in the depths of its 2019 all time high prices for many weeks now. Is it time that traders decide this is the bottom and is that why the price action looks to be creating a diamond bottom? Maybe...
Presented here is a circle Fibonacci illustration for Bitcoin Cash. As shown, you can see how the circle fib lines up perfectly with the 1.618 golden Fibonacci level for Bitcoin Cash against Bitcoin. I hope you enjoy my content.
I posted a chart on Bitcoin Cash a few days ago, you can check it on my profile and follow me for further updates. Here I present the line chart with a bull pennant type structure on RSI (Relevant Strength Index) and a symmetrical triangle on the candlestick chart. Most people would have this triangular shape down as an inverse bullish pennant, signalling a...
Here is the US dollar index. I have presented the idea of one more leg up in the DXY which would probably give crypto and equities a bit more time to accumulate in the lows before any real moves up towards the end of October.
I see a potential short set up here for XRP to come back down and retest the breakout level at 0.33-0.40 price level.
I have recently been paying attention to bitcoin cash and in particular, the oldest chart I can find with all the data from previous bull runs etc. As shown, the weekly chart is showing a potential Elliot Wave structure with wave 1 being complete and wave 2 either complete or very close to being complete. IF this is a 2-wave structure within a broader 5 waves then...
As shown in the chart, I am expecting a market shake out with Bitcoin leading the way. Looking for a a completion of the correction within the next day - couple of weeks.
Here is your cheat sheet to f*ck every bear in the market up right now. All these short positions that have been stacked up for the past months squeezed out in mega proportions, sending altcoins into the stratosphere!
Lets have a look at what happened in November 2020 and compare the charts for CENN now. If we are about to make a move up, its going to happen this week... This move could even target $40+ by May.... Keeping an eye on it. If we break down lower than 0.99 then my initial thoughts of 0.04-0.16 are in play. I'm being on a weak DXY here, and if correct, CENN has a...
EOS is now retesting the line on resistance it recently broke though. Looking at many altcoins, especially the ones which have not sky rocketed, it seems likely EOS is about to go on a bull run