Correction time for BTC now to .236 fib - .382 fib mid term. We will see how this goes! Always buy the dip, we are in everything bubble until late 2025 😎
Hey guys, I believe January 2024 might be one of the last months for LTC to be able to be bought at sub $60 price. LTC is one of the native proof of work coins just like BTC, Doge and Digibyte. 2020-2030 is the phase 5 of the digital revolution and we are in the mid of it. Things will move rapidly including the switch of the monetary system, starting in 2020....
BTC will go up again for now and drop once BTC Dominance hits .618 (60.3%). That's when alt season starts.
This is the 3M LTC/BTC chart. If you look closely, every 3M candle touches the MA support band. The current 3M candle has been trading away from the Support band. The current 3M candle is for January -March, and currently is February. We have less than 2 months for LTC/BTC pair to get back to the support band. AKA Litecoin will strengthen over Bitcoin in the...
Weird how the Fibonacci works, like some other intergalactic creature is controlling these numbers 😆
Looks like the US Dollar index is about to go up. 🤔🤔🤔🤔
This is for my own record. I think within the next 2-3 months, BTC can trade within this range.
If you day trade, these are the weekly supports and resistances. The overall chart is Bullish, so I wouldn't try to short. I would try to zoom into shorter time range and buy at supports. Never try to short in a bull market. Never try to catch the falling knives in a bear market. I'm personally holding spots until next year. Goodluck everyone.
XRP has been in an accumulation zone forever. The wedge was drawn off the 6M line chart and it seems like XRP has bottomed or retested on the tip of the wedge. This means, the current 6M candle will be green (January-June). And you can clearly see the bull pennant 👌😎
What you are seeing on the picture is: - White Vertical Line = Past Halving and Coming Halving - Green Line = Approximate Next ATH Month First BTC Halving took ~365 days to reach ATH; Second BTC Halving took ~518 days to reach ATH; Third BTC Halving took ~335 days to reach ATH. The median based on the last 3 halving is around 400-450 days after halving to...
5.85 is the .618 retracement on DOT, which lands perfectly on the support band. If you would like to make more DOT, you could stake it as well for 1 year.
In between the yellow range is the best price to hold for the next 1-2 years. I determined the range from the monthly Fair Value Gap.
Hey guys, please let me know what you think of these 2 situations. They are oddly similar. This is a 3M chart, so it's a very long time period. The current 3M chart is for January - March. In 2016 halving, BTC did a .5 Fib retracement before it 40x from ~$500 to ~$20,000 The current price retracement if .5 was hit, BTC would be sitting at ~$32,300. I am not...
If BTC doesn't break this support, this could be a new accumulation zone for BTC. We will see how the market react when there is more volume coming. BTC could be tricky to analyze. The best option is to buy spot, hold it in your cold storage and enjoy your day to day life 😄
Bitcoin may retrace to .382 (~$36,000) Could also touch .5 max at $32,300. This had happened in the 2016 rally before. BTC touched fib .5 then. The duration could take anywhere within the next 2-3 weeks.
I think right now is a great time to accumulate XRP. The green rectangular box is the Fair Value Gap. XRP will be trading within the price in the box for 2-3 weeks max and start the bull run I believe.
BTC 3M Candle just closed in December. Current candle started in January until March. I am still seeing a dip to around 30,500USD. I wouldn't short, but would 10000% buy the dip. Let's see how chart plays out and see if there is any catalyst coming. Maybe the Epstein list will be the one? 🤔😆
Based on the 3M chart, BTV currently has hit the 3M resistance. The Current 3M candle will close in December. If you compare movement to the 2017 rally, the 3M candle after December (January to March) should be red or sideways to around USD32,000, which was a resistance and now will become a support. It's very convenient that halving will happen in April 2024