Tothemoon!!!
BTC/USD - Triangle to Heaven? *Yellow MA = 200 EMA | Blue MA = 100 EMA
This is my analysis of COINBASE:BTCUSD which I think has enormous potential as we continue this current bull run. Currently, I see many different bullish actions playing out:
4H:
1) First we see a "kiss" off of support around the $9335 level and a rebound above the 200 EMA on an increased RSI indicating
further growth.
2) More recently, we've approached minor resistance around the $10980 level which we are approaching with a growing RSI and
with support from the 200 EMA .
1D:
1) On the daily the first thing which I noticed was that the RSI has found support at the 40 level which shows strong bullish sentiment
and continued strength. We also saw the MACD recently connect as we move along our trendline indicating a future break of the
minor resistance (that we currently face) and future bullish action.
2) Second, we see that the larger triangle drawn has been respected in the past, being used as support and resistance. When
the trendline was broken in November 2018, price action broke down and shot towards lower levels (Implying this trendlines'
prominence). The minor resistance we've currently found has been in line with our trendline and continues to move
across it, displaying the importance of this particular triangle. This possible action has us moving above the 200 EMA with a bullish
RSI and at a much more healthy rate than what we've done in the past.
As we move along this trendline in the future, it is likely we find support and resistance at the 0.236 Fib Retracement as we did in the 2017 bull run. However, that's further in the future - currently, we approach minor resistance with a healthy RSI and bullish MACD. All of this recent movement supports this larger trendline bringing us closer to the $20,000 level we saw at the top of the last bull run.
(GNT/BTC + XEL/BTC) - 2 good similar projects. longbuy zone ~ 500 sat.
sell target ~ 1500 sat.
There is another similar coin with great growth potential.
It has small capitalization, with greater potential,
Why you better to pay your attention to both of this coins - 1. You can catch the correlation. 2. you can diversify your risks
WATCH MY THOUGHTS ABOUT THAT COIN AND ENTIRE ALTCOIN' MARKET BELOW
Shitcoins capitalization analysisHi everyone !
I have something interesting to share with you !
The capitalization of shitcoins is located at the bottom of the dynamic regression channel (this is the first level of support). The main support is located in range of 12 000 000 000 - 17 000 000 000 $ (23 - 62 fibo) (green rectangle), hidden bullish divergence is clearly visible on RSI. So i think that we'll find the bottom somewhere around this range, target is 30 - 44 billion dollars.
I hope you enjoy this chart !
Live your feedback and thoughts about that
WATCH MY PREVIOUS IDEAS BELOW
XEL/BTC potential x 2 near days61.8 fibo retracement ( 250 sat. )
target - 500 sat. ( 0.00000500 BTC )
XEL/BTC BUY THE DIPMonthly candle will show something like that i guess :)
Remember - this is a cheap GOLEM, such a ridiculous price is just because the team at the very start has lost all funds for PROMOTION , because of a part multi signature lost, but enthusiasts are still in the ranks. They have the product, ideas, working team,
capitalization has just ridiculous 250 BTC in ,
Rank - 600
They have their own explorer - explorer.xel.org
They have website they recently updated xel.org
Also you can ask them anything in discord discordapp.com
Their twitter - twitter.com
CMC - coinmarketcap.com
You can trade it on Bittrex or Upbit.
STQ/BTC long-term XXXmany listings, ridiculous 100 BTC capitalization and 2/10 daily volumes of cap. XXX is possible
We need a PUSH!Hi all! Im a big fan - whale of XVG . I believe we should have good fundamental news to move to my target at 148sats.
I can bet that price wont drop less than 50 sats!
Verge has a fantastic community so hopefully soon we go to the moon! (if BITFINEX:BTCUSD will hit 15k)
P.S. I bought more recently at 71sats :(
Why I believe that ALTRUN will be and bitcoin will hit 100 k. The main fundamental reason for the growth of bitcoin and gold -is a weakening global economy, i think it is obvious thing.
Given the low market segment the little brother shows the best ROI since the start of the year, now I suggest take a look at the green rectangles on the charts - these are obvious asset's accumulation phases, so smart money foreseen everything in advance and globally we are in a very long distribution phase, at the very beginning of the way.
So I believe that the situation in the world will only worsen every year, and both - retail and institutional investors will start looking for places to diversify and save money, this is the most obvious argument in a favor for EXPENSIVE Bitcoin
So why do I believe in Alt season -
the first reason - technical charts , so you can see them below.
The simplest technical analysis points to the rapid turn of the altcoins' dominance soon , while the domination of bitcoin looks mirrored , so if interest for the little brother will grow , then the General interest for the crypto currency will only grow , of course we will not see in the altcoins an institutional money , we are talking about retail investors who will create a new HYIP, sooner or later in social networks will begin a new HYIP similar to the one we saw in 2017 because the emotions and behavior of people always repeats , people will start looking for easy money , now I increasingly see the headlines of «analysts” who literally is shouting out that the altcoin market is dead and even compare the current situation with the dotcom colapse ,so OPEN YOUR EYES - almost 2,000 crypto assets take away only 6 % of the bitcoin' dominance ( I’m not talking about big tops ) ,the stock's glasses is empty , the volume has fallen almost to zero , but what if you look at the quotes of altcoins/USD , we see the FLAT and a serious accumulation that continious almost half of the year , so the market maker is waiting for him to make a BIG move. I hope my thoughts were interesting , write in the comments your thoughts on this and remember one old trick from 2017 which brought me a lot of dough that year - just HODL your altcoins and wait your XXX !
BTC D. against ALTCOINS D. ATLSEASON 2.0 COMING SOON !Blue quote - altcoin dominance, ( main chart )
Orange quote - bitcoin dominance.
Stochastic relate to the quotation of Altcoin dominance.
As you can see - technically these quotes is going to go in opposite directions to each other, which will mark the beginning of ALT-SEASON.
You can see a similar analysis technique below, with which I've identified the bottom of Bitcoin at 3500 $ this year.
PS. and remember - this is physics, like the water evaporates first, and then falls to the ground with rains,then it repeats over and over again, the same thing happens with money , so HOLD your altcoins, it's just the time to buy more!
Also you can see my previous forecast about - " Why I believe that ALTRUN will be and bitcoin will hit 100 k. "
BITCOIN GOES ORBITAL: REVISED ESTIMATES - $50,000 IN 2 YEARSBased on recent price action and a clearer parabolic picture, I've revised my estimate upwards from $30,000 in two years to $50,000 in two years. Nothing in this post is a prediction.
Traders should be very very very careful with this instrument. High volatility is to be expected if it hits $15,000 or $18,000 - which could come by the end of the week.
I've not traded Bitcoin recently. It's one thing to speculate where price may be going, and quite another to put your real money on it! I wasn't going to take the risk. I'm not a gambler - end off.
Hats off to gamblers who made money. Enjoy. No - I'm not green at all. Yeah really!
FAT DISCLAIMER: This post is not intended to encourage anybody to buy Bitcoin or trade it. If you happen to be influenced and you invest or trade, your losses are your own. In other words, sue yourself if you lose your money!
#xbtusd #bitcoin - Broadening Wedge holding for nowDifferent technical analytic methods come to different conclusions. In my case there are a couple of reasons, why we have found resistance specifically here and why I think, we will likely be still volatile, but not break it up further before July:
1. Target 2 (Pivot R3) was hit AND yearly R1
2. Upper trendline of broadening wedge was reached
3. BTC extremely overbought
4. Fast paced market dominance jump followed by harsh cool-off
5. Monthly Candle-Close ATH reached (probably the most important)
All this was followed by profit taking + shorting resistance levels + tight long stops triggers.
Number 5 is functioning as major break-out level and will restrict the way up, anything above this on a Daily would cause more $20k fomo. Remember, Bitcoin retraces likely between 30-40% in runs before breaking-up and rising even faster. We have a new July Pivot, if we close somewhere here, around $11.4k which is near the old break-out level. That area looks like a good swing support to me. These swings are likely going to take place within the Support 1 and Breakout-Level. This plans are adjusted, in case one of them breaks.
*Always set stops. Dyor. No financial advice.
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BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com
2019: THE YEAR OF BITCOIN CASH pt. 3In part 1, I analyzed the market caps of Bitcoin Cash 2019 to Ripple 2017
In part 3, I'm analyzing the price action of Bitcoin Cash 2019 to Ripple 2017
BCHBTC 2019 = XRPUSD 2017
1. Same pattern: sell off into M pattern
2. Identical 200D EMA
3. Identical 200D EMA breakout and breakdown
4. Identical 4 touch support found
BCHBTC 2019 = XRPUSD 2017
Next move: a ridiculous breakout
T1: .09
T2: .14
T3: .17