In this idea I will go into depth how to read the recent price action on Ethereum and how you can leverage psychological areas of support and resistance to your advantage. Continue reading to learn more about this! This idea is a continuation on the idea of the previous ETH/USD idea where we were going in for a short position: Since the price dropped really...
The big question is, will bitcoin follow Tether market cap? - I guess so.
We have a lot of good signs going on this graph: we have a upwards trend, the news from the bitcoin halving, we are up the EMA's, we are up the trend line and testing it right now and the RSI is not oversold yet. Keep your eyes opens guy's!
Notice the exact date the horizontal resistance meets up with the ascending channel. Top before the crash and the very bottom
This is something I’ve never considered. What if we just look at highs and lows. Forming a flag(triangle) what if the steeper side is the side the market will go towards. Just sharing ideas. I think it’s going down, considering the amount of market time I’ve seen, I just want the truth. I don’t get too many of these moments. I maybe be wrong. But If it’s true...
Total market cap fib transition fractal Outlined in blue ellipse is the fractal which shows a sharp bull run through the Fibonacci transition (between Fibonacci levels E.g 0.5 > 0.786 Haven't done a BITCOIN TOTAL cap in awhile thought it was time
I forgot to mention altcoins in my Bitcoin forecast. 1.First og all, it’s worth to note that the monthly Bitcoin chart indicates a rapid growth, which means that in general the market segment will grow 2. altcoin dominance chart looks bullish too and technically we have: 1. confident rebound from a strong support zone ✔ 2. H&S pattern ✔ 3. possible pennant pattern...
By taking a step back, we can see that Altcoins have been struggling since early 2018, which is at the time of the global sell-off in cryptocurrencies after the 20k $ bitcoin rally. Now, 2 years later, Alts market cap is getting close to a double support : a first one ascending since 2015 who have not been broken since then. The second one is horizontal, who was...
Huge downfall ahead for all cryptos
• Now many analysts say that the long-term support line on BTC is broken. • Yes, it is on BTC, but I recommend watching support/resistance on the marketcap chart. Here we see that the price has returned to the mean — the last stage of the bubble deflation. • I expect that we still have time until the end of the summer or the beginning of autumn in order to have...
Showing the total crypto market cap chart here as there have been no cryptos safe from annihilation. First we had the sniffles and mild symptoms but now were quarantined and left to die. Bag holders may be feeling a bit grim today! If thats you then realize you decided to take some big risks - I respect you just for that - do not give up just yet! Many will...
So what is happening in these days? why the bears are so strong with this sharp price declining? why the whales are putting out their assets? There is not a certain answer for these questions but with no doubt the price will decrease when there are enough people to sell their assets to whales that is the potential for whales to enter the market and move the...
ETH cap can be seen to have a wide trading range, as indicated by the support and resistance provided by the parallel channel that is currently present. Massive opportunity for upsides.
There was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot. Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal. Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through. The lagging span (green...
This is a long way and there are definitely a lot of fluctuations on the way
Hello. After market breakdown, the market capitalization goes to support testing. If we manage to fight back, we will begin to dynamically move upwards with goals of 400 billion in capitalization, and up to $ 16,000 -18,000 in BPS. But if we do not break through, then you can see at least 5k. So the denouement is close. Write in the comments where you are more inclined)
RSI right now corresponds exactly with that of Feb 2016, just before the 16 halving. Cryptocurrencies will signify the next DOTCOM boom x70. Everything is possible, nothing is impossible. In a few years, people will come back to see this chart and gasp. Although I wish to see the future, I simply cannot. This chart is a mirror of what the next few years will...