Showing a long position for Bitcoin. Great risk to reward at these levels support and break out with .618 golden pocket entry.
This consolidation is obviously longer then the last but the pattern remains the same. The range of consolidation is bigger, taking longer which means a bigger expansion. Let’s see a 600% move
When I’m eying for xrp breakout and top, coincides with ripple swell. Posting for my own ego.
If Bitcoin is now in a bullish impulsive trend, you can see how it acted in the past during macD crosses with buying volume over a period of 20ish days. The daily 8ema was essentially the support for these moves averaging a 80% increase in Bitcoin. I know for sure there are people shorting right now, be careful. If 8ema breaks the 20is neck support and then 50...
Bitcoin is in mid markup macro view. All you need is patience in the cryptoverse.
Ada seems to be a leader big pump coming, the end of the 11 day consolidation is near before breakout. Remember to take profits.
My last post Bitcoin had just broke 43k, I said look for high 40k to 50k. I do monthly updates. Right now Bitcoin is looking to go towards high 50k to 60k before we get a pullback. Alts should start exploding.
Eth is now making the wave towards it ath, I expect a small pullback from there and then a new ath around 5.5k-6k before consolidating for the end of year move towards 15k-20k. Definitely look to derisk around there.
My last chart should have been last week under 2k haha. Anyways this is what I see for eth continuation.
Had haters on my last xrp post, price has gone up 100% since. Bears in coma rest of year for xrp wave 3. This is how I plan to take profits and rebuy. Melted faces gang please stand up. Ps xrp still has wave 4 and 5 after when everyone thinks we will be in bear market. Up only.
Bitcoin hit my target after my last post. Support held perfectly and 43k was hit. Bitcoin is in bullish trend now. Should see high 40ks to 50k soon. Alt coins will starts wave 3 and explode.
I have taken fractals of 180 days before market cycle tops. We must remember Bitcoin trends upwards. Only 186 days left in the year. Market top in December-early January? I believe in diminishing returns as well as you can see in the fractals. Orange line is 2021 projected.