In 2016 and 2017 Potcoin has a nice little pump up until about 4/16-4/18 and then it drops in value right before and during the big Cannabis Holiday 4/20. I wonder if History will repeat itself for a 3rd year.
Have been waiting for some time now to get back into these markets. My notifications on my phone went off yesterday warning me that BTC was under 6900. The time has come! There is still more correction ahead, but this is so great for BTC. We might just skip a correction during summer and go on a bull run. Now check out this momentum graph at the bottom.. What...
Just due to similarity of past pattern
If RDD drops below 67 I am exiting my positions here. Highs/ lows and supports are so damn close to being the same as in June 2017.
Lot's of Mickey D's here. I'll be happier when we go to Wendy's.
XRPBTC I just thought this was pretty cool to look back on.
As you can see on this 4H chart, BTC is doing what it did in the past. A recovery attempt, followed by a fail and then a proper recovery back to the top of the channel. This is a good time to enter buy positions. I expect next week to be green. I don't know when and if we will get out of this bearish channel anytime soon but for right now, the odds of it heading...
USDJPY has repeated history since early May. With the continuous downtrend and uptrends, what is expected is another bullish movement very soon. If the support line is broken there is a possible chance of USDJPY continuing a bearish trend, although, with the ideas surrounding the DXY bearish trend continuing I believe the bullish trend will come into action.
Ripple has been following the SMA 26 line for a while and should be expected to continue following it. You can tell that this is a strong support/resistance line because of the strong breakouts and breakdowns and how the price either stays above or below this line for noticeable periods of time. This pattern is also visible on the 1 and 2 hour chart.
Looking back, there were plenty of opportunities for growth. Following the trends, we should be expecting IOTA to be a 'shelter' to BTC's losses. It might be coming up on another opportunity to switch 1 or 2 more times before the end of the IOTA trial period with the major participants.
If XRP repeats its history, we should see a run up to ~ $4.00 followed by a correction to around $3.60 where it will consolidate for about 3 days. Thoughts?
As an average we had a factor of 1.5 from each 'ATH' to the next, but we also can see that the movement in summer was with 1.85 much higher than the last with only 1.17.. The question here is does the adaption of many people change it again to a higher factor or does it stay lower.. Option 1: 19.7k * 1.05 = 20.685k (smaller with every atempt) Option 2: 19.7k * 1.7...
BTC Playing the same moves as it did before. Maybe we should have another round for BTC pumps soon. Even though I want to say bearish, idk. Only time will tell. Oct 25th is also a significant day as it's the Bitcoin Gold fork.
History tends to repeat itself. Especially in crypto, if there is a breakout i expect it to launch towards the 50 000 area. I am a #cryptonoob so all thoughts and comments are appreciated.
BITFINEX:BTCUSD 's attempt at the $3000 ATH in June 2017 was followed by an the initial selloff, then several weeks of sideways movement, before a huge plunge to $1850 (a previous high) before beginning the move upwards towards $5000. Will we see something similar now? Perhaps a period of sideways movement, followed by a plunge (perhaps toward $3000 - June's...
Can history repeat itself with STRAT/BTC? Current patterens over the past 2 weeks are looking awfully similar to those at the end of May. RED lines replicate an almost symmetrical V. BLUE lines represent a bearish trend followed by a quick spike up. GREEN lines are a widened version of the red. And finally the lengthened YELLOW downtrend. It was around this time...
The chart says everything!