An up move to come imminently. My BUY button was just pressed until 5770 USD!
Bitcoin is bullish indeed. There is 2 micro-crossing which happened not that late. I've tagged the first one on April 22nd 2019 at 15:00 (3PM GMT). That ended in a huge move really soon.
Another micro-crossing has just happened on the last hour. Those 2 micro-crossings are visible in...
I was long thinking on why this recent rally has happened and searching for clues in the past of similar events.
Then I discovered something very interesting.
Every time BTC broke the previous linear trend in the logarithmic chart, it retested it, not long afterward.
It happened after the 2011 bearmarket, it happened in the 2014/15 bearmarket, and even if it...
Looking at XRP's monthly chart, we see a structure forming that is very much like the triangle at the end of the last bearmarket.
This time, the bearmarket is also coming to an end, and XRP is poised to break up to the upside (if BTC doesn't decide to do insane dumps).
If BTC sideways or further up, we'll see a strong breakout, because XRPUSD is extremely...
I thought it was time to make a longterm chart, with all these wrong charts going around, hehe.
They are wrong because bitcoins support and resistance lines are NOT linear in the logarithmic chart.
I think that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot just continue...
Most think of a 2015 fractal repeat, but I have turned from short-term bear to full bull since the massive MA200 break and weekly candle close above it.
I think BTC will go in this push at least to 6500 (lower limit), but as high as 7500 is indeed possible, before any major correction.
We see a nice slow ascending triangle in the 4h chart.
All indicators point...
Well, I might have been wrong after all. But then again I was always stating that there is a 20% chance that BTC surprises us, and does something crazy, like this pump here.
Now, what to make of the pump?
It entirely depends where the daily will close today. If above MA200/log resistance, at around 4600, then the chances are really good that we start the next...
Based on my analysis: I'm not seeing a bullish rally yet. A correction to 4120 can still be considered. Even a possible correction to 3850 USD which I talked about in my previous idea.
If you checked my previous idea, I've told a possible big move is to occur, and it was the case! I've found a pattern I never saw in my indicator. so I suspected something big that...
Hello Crypto traders!
Let's talk about Bitcoin Cash!
Bitcoin Cash was one of the first in which a rise occurred at the end of December in 2018. And now, it could be the first one that can complete a correction since we see both, BCHUSD and BCHBTC at important support area between 61,8% and 78,6% Fibonacci retracement!
But, the most important from EW perspective...
After 12 weeks of consolidation BAC broke out last week. Suggested increase of 13.4% or around a $4.00 move.
Two things to keep in mind are:
1. The resistance that will be met at 33.05, the highest price since 2009
2. One week didn't touch the mode, usually I don't chart a consolidation unless every candle in the consolidation touches. This was otherwise a...
The price of crude broke and confirmed the upward break of the resistance area between the low area identified by the two EMA 20 and 200 daily periods. Two EMAs have crossed upwards, at about $ 59.20, and the high zone, where finds at 61.60 $ the 23.6% of the Fibonacci retracement.
From resistance to support
Technically all these resistances have become key...
bullish consolidation after successful breakout from falling wedge.
weekly RSI forming bullish movement
volume rising organically, without pumps&dumps or pleb-FOMO
profit calc: ~135% of gain
hodling duration: ~4 months
I've never seen such a pattern in the S4W Horizon indicator. It's really a very tight
crossing that is happening. I think it's an ignition point to something big to occur.
So based on my analysis, I won't be surprised to see an important bullish move.
But I think also there is a correction, unfortunately to occur at 3850 USD.
Right now the S4W Horizon indicator...
with given additional fundamental that US-Kim meeting was delivering bad result
and China trade war is cooling down, i expect Commodity and safe haven will continue its rally
Aussie, NZD, silver, gold still maintain to go up
The USDJPY currency pair on the 4-hour timeframe has been following an uptrend since 3 February. The price reached 112.136 on 5 March (The highest level of 2019). The price action in the USDJPY is mainly driven by the strength in the US Dollar. Traders eagerly waiting for the Non-Farm payroll numbers from the US and clarity on the US-China Trade deal for clear...
I have to admit that LTC is more bullish than I thought. Apparently everyone is anticipating the halving rally, therefore it takes place even earlier than in 2015. Now, I see two paths, depending on the behavior of BTC in the coming weeks.
1. Green path: BTC doesnt dump soon, instead goes sideways, or even upwards retesting the logarithmic resistance.