Since May 15, 2017, the top XRP bitcoin pair has been in a downtrend for over 1939 days with a clear trend line. today #XRP is breaking the multi-year trend in the #BTC pair.
(not confirmed yet)
as long Key support holds no panic( 0.0001570 weekly Base)
once this level is cleared then we can look for a higher...
Vet/usdt looks promising here. after being mega oversold i'd expect us to have some nice relief rally.
to retest at least the breakdown area.
invalidation point 0.02650 cents.
Resistance levels/ TP:
once these levels are claimed we can look for a higher target. Until then play these levels ( chart below)
#Sell at resistance
Doge looks promising here
Nice bullish divergence on daily while price is at key support. a bounce here looks imminent
we can expect a retest back to the breakdown Area! ( 0.112 - 0.129)
invalidation point 0.0760 <--- hold this and the above target will hit.
remember chart is here to guide us whenever the market moves in any direction u will know what to do.
After the previous rally, FET is back to 0.382 Fibonacci level(0.4345) finding support here from the long term trend line date back since
Corona crash 2020. this would give us a chance to scoop some. As long the 0.382 ($0.4345)fib level hold long term looks promising for FET!
The next break out targets are $1.59 and $1.87
Break of 0.382 fibs...
Pretty Interesting chart...
Stock Flow Model
- TOP above Stock/Flow Model
- Bear Market Bottom was the bottom of the Stock Flow Model(yellow Line)
- Stock Flow Model Spikes to a new high and The next bull market begins
- Once Stock Flow Model finds the next Top that's where mid-cycle correction happens. where BTC takes a bove and builds a base for the...
Chain Link OBV indicates bull Uptrend on the way.
Whenever OBV Print New all-time high price tends to follow next.
I've circled the potential TP
Invalidation point 19.90$
Previous Chain Link...
OBV on-balance volume.
one of the best indicators. whenever OBV makes a new all-time high on weekly expect the price to follow next. this chart date back to 2012.
all OBV breakouts gave an early warning off the next bull market start. pretty cool
Currently, OBV on sideway since May drop until we break a new all-time high don't expect BTC to...
#BTC long-term zoomed out!
Pulling Fibonacci from each top (swing high) to Each bottom (swing low)
2013 Bull market:
Once price flip the 50W EMA and the 0.702 level breaks Bull Market begins
Mid-cycle correction happen between 1.618 -1.236 and bull market at 2.272 fibs
From here Bitcoin goes in to bear Market RSI trend gives a hint.
2017 Bull market:
KSM has flipped the RSI trend on the daily chart. However, the price is still unable to break 100 Daily EMA. This gives us nice #BuyTheDip. BTC is looking shaky still in the range between 20 -50 weekly EMA. Therefore watch out for stop hunt no need to rush slowly dca.
On balance volume give's a hint once btc cool of i see KSM doing well
Expected retrace 280 –...
With BTC recovering, DOTUSDT is naturally following the market trend.
Interestingly enough, the potential bounce zone is on a very important point, right at the bottom of the bullish channel. on Both Pair!
Assuming that BTC will remain bullish/neutral in the near future, there's a decent probability that Holds this level and we will see more bullish price action...
Invert BTC CHART does this setup looks bearish or bullish to you?
On the daily chart, the price is STILL above The black trend line but has tested it a few times. We must hold this from a psychological standpoint.
Since my previous update, nothing has changed. BTC still needs to reclaim 52-53k to continue the run toward ATH in the coming months.
XRP still looking promising...
Xrp/USDT has been trading inside this triangle pattern since February this year. Recently, XRP touched the bottom of the triangle and Xrpusdt manage to bounce from it!
until xrp breakout from triangle pattern expect chop price action or rejection to of the triangle but long term nothing changed 4$+ inevitable
applying Elliott Wave Theory on BTC
Wave 1: In Elliott Wave Theory, wave one is rarely obvious at its inception. When the first wave of a new bull market begins, the fundamental news is almost universally negative. The previous trend is considered still strongly in force. Fundamental analysts continue to revise their earnings estimates lower; the economy...
BAND has been in the sideway channel for over 490 days in a range between 5$- 22$ while the rsi continues printing lower low. Given the fact that RSI nearly oversold and the price is currently at the bottom of the channel, I would scoop some in the red box on the chart (4.80 -5.10)
Until the RSI downtrend is broken be cautious. Once it breaks expect...
Spot bags taking massive hits, didn’t see this one coming, congrats to those who did!
I didn't think we would go this low. Only added to my spot at 55k-53K zone.
I've got some spare USDT, but tbf mostly in spot bags.
My expectation was 49k50k if the level 55k was lost. Price dropped deep into monthly demand from where it bounced and we are now back to that level....
OMG/USDT on the previous correction manages to find support at 0.382 - 05 fibs retracement. the current price also sitting at
the same Fibonacci levels. Stoch rsi on weekly about to flip bullish. The RSI on weekly is also at circa support (44%) the last 2 #OMG corrections managed to bounce from this level. OBV on weekly still on uptrend
might need some...
Theta/usdt start to inters me again. currently, price is consolidating within Triangle.
I like this consolidation above the Resistance. Looks bullish
I think the price will break out of this Bull Pennant soon 📈
THETA/USDT currently trading at $6.67
The ideal buy zone would be under 6.40
Invalidation point = below $5.55 daily base
These are resistance points...