*Not financial advice*
Self-explanatory chart for the most part.
500d SMA / 7d = ~71W SMA
Not sure why this SMA has been so good for trend continuation pivots, but it just is. Pointed out by Dad Shark on his live stream, highly recommend checking him out.
Not sure if same percentage increase for total alt mcap is truly possible (a lot more capital now then back...
D4rkEnergY was the one calling the bottom at 3.2k! D4 also presented you for Evidence for the Bitcoin Parabolic Bull Run Already back in April and May. If you dont remember, then take a look here......
I think all exchanges will set the price before BINANCE USA Entry
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Here is my guess on how bitcoin will move the rest of 2019. I think we have entered re-accumulation / consolidation.
In the previous bull run, somewhere just after the start, we also entered re-accumulation, see my image below:
I think the pattern we are in right now is a bit similiar. So this means no big moves until...
The chart speaks for itself.
If the price goes through the MA200 and the strong demand zone, just short it to 800-1200$ support zone.
Until it happens, BTC could already be in its consolidation zone.
Iota is following a similar pattern to what we saw before the 2017 bull run. See the grey boxes on the chart, the same pattern is also holding the support.
Possible targets are: 80 cents upwards.
I expect it too start a bull run along with the other major alt coins, following a similar pattern to bitcoin’s current bull run.
The yellow graph represents shorts being liquidated. Exchanges are pumping as much as they have to in order to liquidate these shorts that would clean them out if left checked. They know a dump is coming soon so they have to push price up before of that drop can happen. This is not organic growth as we have broke though major resistance like a knife through...
Bitcoin on the two day and gold on the monthly are following essentially identical market cycles with the same pattern of expansion compression. The similarities are uncanny and the widespread bias is currently bearish, the sentiment of "this is a sucker's rally" can be found on a vast majority top posts throughout the...
Shorting from 17K to 3K was a lot of fun but its time to get some bullish bias! The majority of alts are showing breaks of its resistances, retesting it and using it now as supports. ALTSZN on its way? I do think that the majority of alts have found their bottom but the question is if 3300 is BTC's bottom. We still haven't seen a real capitulation event imo and...
When we were previously at these levels at these levels in Sept 2018, there was about a month of accumulation and then a violent move up for 400% gains against BTC. I am expecting similar movement here in LockTrip over the next month or two.
Gold’s bullish climbing against USD goes on as US and China’s economic tension continues.
When we check the 2 hour chart, 1488 support worked well and pushed the price to 1533 resistance. Let’s wait and see if this resistance can handle with the strong move or would price be able to break resistance and go into 1523-1553 channel. As in my opinion even if 1523...