Grin is one of the projects having huge fundamental potential due to its innovative tech called "Mimblewimble" and the simplicity in implementation. The project suffered a price downward since the network launch in 2019. The reason was high early inflation, being hard to use, and lack of big exchange supports. But the fundamental aspect of Grin remained shiny as...
Bitcoin target for short term: 7989 - 8138$
Details are featured in chart. It does not need more explanation.
The whole Bear and Bull Market we had in 2018 & 2019 can be summarized into four big triangles. We had massive bull runs plus heavy drops which we experienced corrections after that in the forms of ascending and descending triangles. Price should repeat itself and we must await for that to happen in a ascending triangle which is forming right now.
Green volume candles seen on the chart. Ascending Triangle seems to be validated by a big volume candle breakout soon
Bitcoin dominance just hit previous high at 4th of December 2017
This should not be take serious! But cycles are what have seen before in BTC. Let's hope fundamentals follow it too
RSI shows oversold in weekly Stochastic has been in oversold area for a long time 4 candles in weekly closed outside Bollinger Bands
XRP/BTC pair did a lower low.IMO in the case of having green candle next day, we should wait for a higher low then. After that only remaining thing would be breakout of trend line. Though there is possibility of getting lower to 6000 zone
Verge/USD pair has been moving in a falling wedge since a year ago (to be clear it's been more than a year!) there have not seen any daily candle to close above or below to trend lines. But now it seems that today's candle gonna break and close above the wedge, It's a good position for entering this altcoin
Based on drawn fibonacci, we experienced 6529 as a strong support. Already we had some resistance and support lines in 8,500 range. As you can see price is converging to 6,529 range price. Volatility decreased significantly in prior month (Sep). So I think one thing is inevitable here ! and that's 4.9k Dollar bitcoin. Each fibonacci level played major role in BTC...
I looked at the highs bitcoin 1.05% 1.02% made since december 17th. Well it seems like it has been doing on a function called "Natural Cubic -1.95% -1.95% Spline". I used mycurvefit.com to interpolate and I used the function later to extrapolate the curve. The result was interesting. The curve showed that there would be decline in bitcoin 1.05% 1.02% price till...
NOTICE : I put this idea in previous chart but it seems that it had some problems in showing chart so I published it again. To know what I'm talking about and have a clue i linked my previous chart about bitcoin 4.16% . I explained the idea there and you can check it out from this link . So anyway I think BTC 4.16% has fallen to its bottom and this is time to...
To know what I'm talking about and have a clue i linked my previous chart about bitcoin. I explained the idea there and you can check it out from this link . So anyway I think BTC has fallen to bottom of its price and it is time to see a new season in bitcoin. A new bullrun. I think it is close to happen :)
Whole idea is described in chart. I will be glad to hear your comments about it