The close of GBPCAD pair is not in favour of bullish trend, bears are in preparation to take control of the currency pair. Any form of rising price will be to attract bears attention.
With Dollar Index creating higher-high and higher-low, there is high probability of the swing high at 98.45 to be violated and the bulls will take the index to the next target at 99.05. From there, a major reversal could be witnessed
It's a good moment to buy XRP! BNBUSD will go up but XRPBNB will go up too! So, i prefer buy XRP than BNB. I'll change my small balance in binance for BNB though
If Bitcoin is going to repeat the market cycle since 2013 to 2017, what would we have?
2013 - 2017 ATH
2014 - 2018 Downtrend
2015 - 2019 Bottom
2016 - 2020 Halving
2017 - 2021 New ATH
Seriously who the fuck knows anymore. At this point I'd watch the RSI before trying to pin down a price point. Expecting sideways from here or one more large drop to set up the 2020 YTD chart.
Decision time for RUKU to break out of a long term trend higher or to return to its bounds. The acceleration of the price after the last drop was "appropriate" IMO, however this is still a company that loses money and is in high and ever growing competition. Tough spot to make a choice, I wouldn't hate a straddle... however this strategy is expensive.
**Unicorns...
Vertical lines represent the halvings
1. Before Halving (blue arrows)
The price goes up by 300% to 400% from the last bottom
2. After Halving (green arrows)
- ~10,000% after first halving
- ~3,000% after second halving
It's roughly 1/3 of the previous peak valorization
3. Fall above 80% after the last peak
we're at a monthly ganns law of vibration cycle the weekly, daily and 4hr are all looking good and we have an actual valid wave count. Strong long term signal here.
As earlier predicted the fall of CADJPY (See Chat below), the currency pair's correction seems to be ending pretty soon. The major trend is up and it is most likely will continue with the upside momentum
After today's move down, it might be said this is the beginning of a larger, SHORT, run down...typical to think and may be true! However, based on the price (not wave) cycles I've seen over the years, there is still room to move up to 8400 (and higher) and that is my bias for this trade. Today's action just made it easier to make that move upwards after clearing...
Broken down is each Market Cycle.
Green = 6 Months PRIOR to halving date.
Gold = Halving date.
Red = 6 Months POST to halving date
Levels on the right..
Black = 33% increments.
Blue = 25% increments
Green = 10% increments
PURELY based off BITCOINS history. We're set for some crazy action in the very near future.'
Just posting this mostly because I finally figured out a way to use sine waves that's meaningful for BTC so far. One wave, fixed x location... different y locations.... so simple.
Fits the data pretty decently too... so I figured I'd take a guess at the rest of BTCs life. 2040 approx when I say it dies... is when the last BTC will be mined, for those still using...
