Obviously these short term panics versus short term euphoria can be lucrative. Classic chart indicates "don't catch a falling knife". Short term charts shows more aggressive buyers my flip from the sub 30 cents once the panic as subsided. Ripple needs to move head office to some nice jurisdiction if it wants to have world appeal as a crypto. Have the US ask...
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Hello, my dear-dear friends!!! 💋💋💋It’s hard to keep calm, when you see how you're losing 💸💸money and everyone around you screaming about a trend reversal🥴, about bears🐻, about how whales🐳 sell Bitcoin.😆😆😆 I like everything about whales🐳🐳🐳...it's so funny😆😆😆
We're still in the channel 🤷🏻♀️🤷🏻♀️Until we left this channel I see no reason to panic, guys.🤷🏻♀️🤷🏻♀️...
From February 2011 until November 2016, a major resistance trend line has kept RSI well below 50. In November 2016, there was a minor breakout, which ultimately failed and re-entered bearish territory. Since August of 2017, the RSI has held above this trend line until this month.
After the RSI resistance breakout in late 2017, the trend line has been tested on 3...
Hi everyone. Trying my hand at stonks again.,
Nokia is showing a number of potential reversal signals.
For starters, Nokia gapped down and held the 0.886 Fibonacci retracement from the July 2012 correction rally. After that rally, Nokia had what I believe to be an ABC retracement downwards, with a target for "C" being $2.42. This correction sequence in my opinion...
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Classical ascending triangle on Bitcoin as the most trustable reversal pattern in my opinion.
I would now expect a consolidation here between 6k and 7k befor moving higher to 8k+.
If we really manage to get to 8k this week, then this will the an amazing reversal engulfing...
In the last couple of days, I was overwhelmed with panic theory and I almost believed in emotional selling and a huge drop in the Bitcoin price.
As soon as I saw the Bitcoin price is rising against the flow of all markets I understood something is not right and after visiting my charts again I was wondering how could I not see this.
As you might know crypto market...
Just an idea. If the market recovers (which it might on the day after it crashed so badly) then we can expect a recovery of bitcoin for the day as well perhaps. Just an idea I had nothing much here I swear.
I took the fear index on s&p - vix, we now have almost its maximum purpose, imposed fibonacci ... just for fun, and got the result of 2200. I do not advise buying from this value. Just guessing.
Of all the events, only 2 factors confuse me: the fall rate is too high and the fact that this happens on the eve of the Trump election.