(Daily Time Frame)
Market testing new support zone.
50MA pushing the market up.
Market is breaking through the Ichimoku cloud.
Predicting market will reach new Resistance zone. (Potentially top BB, red).
Indicators show market will rise.
Long term trade with many potential entries.
Hello everyone, rouzwelt here
I'd like start by saying things in crypto market have not been going good lately in last couple of months as we all know and after the massive sell off that happened in quite short time (a week), many got wrecked and market hit was painful. After that we entered the 30/40k area, the area which at begging everyone was speculating...
Hey! this is a little trip into my mind. If you don't mind looking into the rabbit hole. This is just an opinion, not financial advice. I feel like there is a whole bunch of fud and speculation going on. Is it that hard to see that this could be a Wyckoff Method? See the Triple bottom. To put this idea over A bull run from nowhere would have to happen. I see...
BTC launched in 2009 and DASH launched 5 years later, in 2014, is DASH one full cycle behind BTC?
The 2017 boom bust cycle of dash looks like BTC in 2013. In that year BTC had a big run up from ~$12 to $1178 and crashed back down to about$150. And I think we all know what BTC did in 2017. In 2017 Dash went from about ~$1 to $1,600 and crashed back down to ~$33....
Just put this together to share with noobs. Nothing revolutionary here.
Thank you to Harold Christopher Burger, @filbfilb, PlanB, and /u/capriole_charles for providing research which has been the foundation of my perspective on Bitcoin.
If you are new to these concepts, read about these fundamental BTC concepts in the following 4 articles:
Over the last few days bitcoin has shown us a number of reasons to indicate that this short term down swing has reversed. The good news is that:
Bitcoin has broken out of the triangle to the upside
The MACD's histogram has been moving in a positive direction since the 19th of May
The RSI left oversold territory and has stayed above 30 - indicating upward...
I am Familiar with this company as all my children play or use some game on the
Roblox Network . Upon having to submit my debit card info to the kids to top up on some power they need
in game or to reach a new level I can say that Roblox have captured there market very well .The Kids to Play and the Adults to Pay .
With better than expected results on the...
Huge fresh bullish rally came on support level: 29150, historically three times 'V' shape recovery happened to this level,
and it sustained this time too. Now if somehow price back to support level, it is not going to break at sudden, huge volume accumulated compare to previous support level.
Overall trend is bearish, so respect of Resistance level is more...
It doesn't really matter much which one you choose, they move pretty much the same.
They may have hit a bottom on May 13.
They have been falling since January.
I think they are still far from reaching their absolute maximums.
618 log drawn from previous all time high (PATH) to peak often catches a very good bounce area to the linear 0.5/8618 area which for bitcoin would be the 47-50k area currently. Whether or not this then leads to the log 382 retracement at 20k after is debatable. Looking at this chart a break of 70k in the next 6 months would be very bullish IMO. Prob look for 250k lol
While the Energy sector as a whole is trending up with the rise in crude oil and the demand for it. However, until now, Exxon Mobile was under a lot of scrutiny for not embracing ESG protocols, which led to their attack from "Social-Good" Activists. This, in-turn, led to the conversion of the leadership strategy, which now prioritizes removing their carbon...