This is the long-term play I see for Bitcoin. Fiat currencies going into negative rates makes cash the biggest hot potato asset on the planet. Scary to think about... but I believe that cash will need to find a home somewhere, and crypto is the speculative bet of choice. I also like gold and gold miners.
What you see in white on screen is the previous market...
I hope you can see that It is not too late to start accumulating here - I am anticipating this rally to continue leading up the halvening, followed by a brief cool off period, then ATH test, then moon. I See two high probability scenarios playing out - outlined in blue and yellow. I expect these fib levels to see some action, as we have already seen...
Monero is one of the most technically sound charts out there. I love respect these traders give to trendlines, fibbs, moving averages and structure breaks. The symmetry in this chart is a thing of beauty, and I expect it to continue going into the future. I also think Monero is very undervalued relative to bitcoin right now, and the pumps we have...
I think this is a great time to add to BTC long position. We are very close to breaking lose of this descending channel on the weekly, and the daily timefreame is already flirting with a potential re-test. The Halvening is only 4 months away, at which point supply side gets cut in half, and daily buyside support cuts from $100 million to $50 million...
I have just added to my long position in Kinross Gold Corp.
This is my Favorite stock for a bullish gold market in the new decade. If gold makes the rally to previous ATH ($2,000) (+30%) ...this stock could easily double.
Lots of TA confluence pointing to overhead targets. Entry below $5.00 should be good. I will be looking to take profit between...
If yo don't see why gold, silver, and other REAL assets will be extremely bullish in the next decade, you must be sleeping. I don't have time to explain the 100+ reasons why the current global fiat monetary system will fail within the next 10 years.. but if you are interested, her is a good place to start your education:...
Keep it nice and simple here - all of these extension targets will be good spots to unload your bags at 4X return from current levels, this time next year.
Strap in and enjoy the ride.
Best of luck, hit thumbs up.
You can TA the shit out of this chart if you really wanted to... look at the elliot wave count... moving averages, oscillators ect... its all a thing of beauty....but it basically boils down to this symmetrical triangle structure, in combination with fib price and fib time retracements - how the decision times line up perfectly with the halvening...
Quick update on my prior forecast in August, which came in spot on btw (see below publication)
The highly anticipated descending wedge pattern came in perfectly, and the breakout is now likely to see some follow up action.
I think we could still pull back below $200 in the near future, but i am expecting some solid support at the $190 mark - this is...
I think its a good time to buy some LTC at a $30 discount from the major $100 psych level.
Reasons for long entry:
1. 38.2% fib re-tracement support
2. Major trend-line support from Jan/Feb 2019
3. double bottom off the daily RSI
4. Major 23.6 fib above (thick black) - a zone likely to get a re-test.
4. Bitcoin showing signs of weekly bull...
With Ethereum 2.0 scheduled to be implemented Jan 3, 2020, it is time to start preparing.
The TA is starting to look really good on the daily time frame, as we are seeing exactly what you would expect after 300% rally - a slow and gradual pull-back on lower volume, and within descending wedge structure. This is actually a bullish pattern, one that...
I still see the bullish picture still intact for Ethereum weekly chart. So long as we don't see a weekly candle closing below $165, the probability of big upside move increases. I am expecting a rally towards the end of Q3 followed by a year-end sell-off. For this move to work, bitcoin is simultaneously rallying to all time high, and $250 billion is...
This altcoin market cap weekly chart is looking very interesting - The pull-back off the 23.6 fib level is a positive sign that the bottom has been marked, and now we can accumulate below this level like pros. I am taking a new fib from the December swing low to the June swing high, and using these levels to make my purchases - (specifically the 50%,...
I want to share my simple $ETH Analysis, as we gear up for another big move.
Since the latest dump, ETH has shown positive signs of support off the 38.2% fib retracement (a must hold level for the bullish case), and currently testing the 50% level.
Basically it's now or never for ETH to make a push - if we can't hold the structure support from the...
I still see LTC in good shape here, as the 23.6 fib warrants a good re-test after a solid pull back off the 38.2.
The $100 psychology level is also deserves to be tested for support, along with the weekly moving averages/ trend line.
I see this as another great opportunity to buy the dip!
- Buy range - $90 to $110
- Take Profit # 1 - $200