Hi friends,
If we look at the obvious supply and demand lines for XRP (I recommend the 5 min spread is much easier to understand), then we can see an event is about to happen. Either the Asian country will endorse it and the techincals will prove true or Tether will make some more USDT out of nothing and it will go up. Either way, someone needs to do something or...
1. Market high here on September 8th 2017.
2. Gann had important cycles for time. And have the confluence of a number of them here just jamming into each other.
a. 270 day cycle - from the most important low on Jan 3rd, 2017.
b. 90 day cycle - from a swing low
c. 60 day cycle - from a swing low
3. We also have a new moon, which according to...
Good day all
Today I made a research of July's full moon it was 20th of July, time of sideways for BTC/USD and right at 2nd of August (New moon) it smashed on -30%
If that will happen this time also, we can see a dump, because pattern looks similiar to the current situation
So, MAYBE we can see dump in next New moon (23th of July), also it is close to segwit's...
Now THIS is Technical Analysis shitposting. In all seriousness though, SC is showing a corroborative trend with the moon phases. Using the bars from the two previous moon phases SC is showing that it might bounce between the two higher Fibs by the midpoint between the last new moon and the next full moon. Astrologically fuelled BS or something to pay attention to?
You can research about moon phase trading on google, here i tried to find btc correlation and for me it works. make your own decicions.
When the last full moon failed btc price didnt nuked down, and we are about to see a new new moon after a failed full moon.
the moon phases charted with bitcoin is interesting
it looks like during bullish runs (green lines) , the full moon (dark) marks volatility leading up to the new moon (white). For the first half of the new moon (white phase) we see a cool down or support build
This trend appears to be reversed during bearish phases
Next new moon is in 2 days. So based on...
Last friday we saw another failed attempt from bulls to take over the market. The result was this daily shooting star candle, signaling the beginning of the downtrend. The 0,5 angle is now acting as resistance and next target is at least on the 0,382 angle below. My short signal is active on the weekly and daily, and even the monthly which I rarely look, is...
