Hello all, XRP has been forming a massive inverse Head & Shoulders. It has been a long wait for $1+ XRP. The white line (neckline) needs to break and hold to activate this pattern as it has been rejected many times. .62 Is important zone to hold as well. Enjoy!
Hello All, ETHUSD has retraced over 80% of the near 40% correction off ATH. There are indications of some possible retrace soon. The Stoch RSI has had a full correction off lows and has started heading down in the last day. There is an evident price channel shown in green. 3 days ago, ETH got rejected on the top trend of this channel. Major Support to watch...
Hello All, The red fractal is the last bull cycle of bitcoin from 2013 top to 2017 top. It is in real scale and starts from the 20k top. As we can see, the price was following a similar "Path" as last cycle, up until October of 2020. This is when the heavily diverged and the angle of price movement became the same angle of the end of the last bull cycle (shown...
Hello all, Good perspective for everyone wondering why I am very bullish on XRP long term. For everyone that doesn't know, XRP was released in 2012. It had a tremendous growth of roughly 95,000% from March of 2017 to January of 2018. It flipped Etheruem on the market cap for some time as well. It has sat out on this current bull cycle. This is from the SEC...
Hello All, ETH is giving us mixed signals. There is currently a 7 day rising wedge that has been formed (white lines). ETH price is currently holding 50 MA + Trend Support. If price can bounce off this area, we can see a bounce to $1846, met with the top trend line of the rising wedge. If these two marks can not hold, ETH can drop to roughly $1567, met...
Hello All, Crypto is going NUTS. XRP has been too dormant. Crucial resistance of $0.50 can be seen as an indication of a potential shot at $1.00. When looking at a daily chart, we can conclude the rise to $0.75 was a fakeout as no candle closed above the $0.50 resistance. This marker held the price up for nearly 40 days when XRP rose to $0.75 in 2020. Until...
Hello All, BTC is SUPER overbought. Any parabolic move HAS to correct. The 2017 fractal is near identical to this fractal. BTC fell -85% from those highs. While looking at the RSI, we can see it has been overbought since 10k. Throughout the 2016 run, it had 5 healthy corrections to oversold conditions. This hasn't happened yet. On the flipside, BTC can...
Hello All, Your initial thought may be to fire off at me in the comments about how I am crazy to think something like this. Please keep an open mind. We are at a point in these markets never seen before in history. Debt is now 170% to GDP. The printing just won't stop. Inflation keeps getting higher. The market never actually recovered from COVID. The FED...
Hello All, Gold had a nice run to $2000 last year after the march COVID drop. Since then, It has been bouncing in a downtrend channel. That had changed when XAU broke out of its trend on Dec 16, 2020. Since then, it's consolidated above that and retested it as support. I have shown all the rejections in red pointers. The Relative Strength Index tells a...
Hello All, I hope everyone followed my last idea as BTC dropped from $36,000 (when idea was posted) to around $28,800. As expected, since then BTC has rebounded a bit to touch $34,000 confirming it as new resistance. The last few days, there has been no strength on BTCUSD. Some people credit this to all the FUD going around. Personally, I don't. The reason...
Hello all, Going into this week, tensions and uncertainty is high in the USA. This may cause a scare in global markets. After looking more into BTCUSD, I found this similarity from the last BULL cycle. While looking at the charts, we can conclude a Head & Shoulders pattern is evident (red pattern). This pattern looks identical while comparing it to June 2019 to...
Hello All. ETHUSD had a nice pullback off its highs. It has currently held the $1000 mark. As we can see, we have rejection on 50, 100, 200 MA. Bearish Pennant is evident. We are on B wave of ABC as it seems. If ETH breaks the .702 retracement on the fib, this idea is void and the market will go for highs. If ETH breaks 1030, (.5 retracement) I will be in...
Hello All. -Bitcoin has ranged between $30,000 & $40,000 the last week, displaying indecision as investors await a break above either key level. -A break below the key support level of $30,000 could trigger a massive sell off to immediate support of $25,800 (50% fibonacci retracement level) -Inversely, A break above the key resistance level of $40,000 could...
Hello All. Aurora Cannabis is starting to catch eyes of many. After a major year in 2017, ACB has had a rough last couple years with the price falling as much as -97%. The charts are showing the blood is behind us and blue skies ahead for the cannabis industry in the upcoming years. With the recent election of Joe Biden, the house and senate are now both...
HELLO ALL. WE SAW CRYPTO DROP.. US MARKET IS NEXT. THE PRINTERS HAVE CREATED IDENTICAL FRACTALS. THE TOP MAY STILL YET TO BE IN BUT THIS IS COMING SOON... PLEASE COMMENT AND LIKE
This has been the craziest run with Bitcoin. Its nearing its high but near impossible to predict. Just know this market will fall. Protect your profits when this comes.
BTCUSD hasn't stopped! It wants to keep going (: XRP wont pump much unless we break 20k Get Ready!!