Based on past oversold on the 1 hour chart, we can expect a correction to favour the bulls until the past resistance/support at the mid 7.50s CAD. That's generally a 11-13% gain in 7 to 8 days. All these gold miners are going to get a lot of attention in 2021 with gold about to likely take another bull run. After all, all asset classes are going up so gold,...
Bitcoin is revolutionary. The mass still own zero of it but everyone's heard about it. Accumulating at the dip. MMT: Modern Monetary Theory. This is what created Bitcoin and what is driving it at insane levels. We've seen nothing yet. Now we have whales entering via fund and stocks for companies in this space. Miners on Bitcoin and Validators on...
Nice trading from oversold 1 hour back to short territory again. This won't be pretty for the next few months for holders but on the trade, it pays to be awake at the right time! Neutral as this unfolds. Quick buy and sell on this flaming dumpster of a digital coin. Make sure you don't get stuck with this pig. Ripple's printing machine is under the spot light...
XRP had the ability to shine in regards to low transfer fees compared to BTC and ETH. Unfortunately, the charts shows this is a toxic coin. Pump and dump penny stock market style. Lessons for traders and holders alike: Don't trust any coins that are controlled by people who can be controlled. Controlled by greed, controlled by government or controlled by market...
I'd rather be long than short here but any pullback will be bought. 21M total, at least 5-10% of the initial coins are in test wallets lost forever. Every forgotten a password? Well with the private/publics keys (or nemonic phrase BU) , you lose it, you've lost your bitcoins to destiny. I'm going neutral here until the bulls proves their force after this,...
Bull flag on the 15m, higher highs and higher lows on the 1 hr? XRP at .30 seems like a good reentry short term trade long again but the bulls have yet to prove themselves. Bears might be out of steam. Strong bull volume on the 3 sec chart.
This is very, very bullish and we'll have the world in FOMO (Fear of missing out). The art in the next few days/weeks/months will be buying on the dips if they happen but we're sitting on a rocket it seems? We're passing the critical $20K USD level and we'll likely see $25K very, very shortly. We are crossing bullish on the MACD and histogram is turning green...
In light of the tragedy facing the international monetary policy, people who understand debasement know that it was the fall of many empires. From the Romans to the Middle Age Bankers. Bankers overpromise and underdeliver. In all the countries on earth Switzerland and China are the two currency likely to do well as the US loses its dominance by over-borrowing off...