This is a 6hr XRP/USDT Chart.
As you can see the 700MA is holding quite a lot of weight as well as the 23 cent level and the 29 cent level.
We just got rejected from the 29 level and I expect us to go down and test again the MA as well as the horizontal support of 23 cents.
After that I do expect XRP to start pumping with the rest of the market, but at least to...
In this very simple chart you can see that DXY is holding support at the 92 level for few months now.
Vertical lines are marking those areas where the stoch was below the 20 level and made a bullish cross.
Looking at it I am bullish on the US dollar for the next 3-5 years, unless this 90-92 level gets broken.
Can Biden's term be better for the mighty US $$$...
Few things make me believe that GOLD is about to go a bit lower here.
This is a monthly chart, so I expect those moves to happen in few months timeframe, not tomorrow.
- Gold has been in overbought levels for over 7 months now.
- Even massive bull moves like the one from 2008 to 2011 always touched the 10 SMA (red one)
- Heikin Ashi candles are showing reversal...
I don't hear much people talk about the 350 MA on the 4H chart, but I find it to be quite significant and respected one.
The fact that a 4hr candle closed above it makes me extra bullish even though I have been bullish for quite sometime.
Based on my previous analysis on the 140 DMA (look at related links) I already bought a big stack at the 9900 dip a month...
So here you can see in the last 550 days of Bitcoin on a 4hr chart the significance of the 350 and 700 MA and the times those lines acted as support and resistance.
A total of 13 times and usually when that happened it was followed by a move of a minimum of 15%.
As of the way it stands right now we just went below the 350 MA and confirmed it as resistance.
Just as everyone is holding their breath about BTC and if it can break above 10500 to ignite a bull market, ETH is struggling with it's average price for the past 2 years once again.
If we do break this resistance there are massive opportunities ahead as next major level a whopping 30% up and the next really really major one is all the way 70% from where we are...
If you have been following me you'd see that Pinky (140 SMA) is quite the serious moving average especially on the daily for BITSTAMP:BTCUSD .
I don't see us breaking it up anytime soon to be honest (hopefully I'll be proven wrong and we all go to the moon and beyond) but I do believe that we will test it this week.
After a rejection from it I think we will...
Everyone is aware of the recent drop of all markets.
Here is a rather simple and quite obvious chart showing some possible targets where things can get to normal and back to bull.
Hopefully we will not go to the 2009 lows ;)
This is a weekly chart on BINANCE:LINKBTC
What I expect is for Link to have a bad March and get back down to its previous resistance which was hard to break for 32 weeks and confirm it as support. It might spend another month in this region for accumulation and then go back up.
I personally would be accumulating LINK for sure in this area of 0.00031 and I...
I am proud to say that one of my followers requested me to make a chart for the first time! It's a big milestone for me :)
Shoutout to @dgknsmk for following my charts successfully (quote).
So, the thing is that many of the crypto charts look almost identical.
I personally try to publish only charts which I would act on and to be honest at the...
KRAKEN:XRPUSD seems ready to rock!
I have never in my life bought any XRP to be honest, but I did saw the chart and thought maybe its time for a short term trade on this shatcoin.
RRR is 4.6 if you take profit at 33 cents
I shared 1-2 months ago a chart for WAVES and it played out pretty well ...
I think its time for another leg up for WAVES now.
Check out the related ideas below if you want to see my previous prediction.
You probably think that the 200 Daily MA is at $8840, but that's not the case if you look at the CME chart.
This chart holds lots of significance to price action and if you look at it now it seems possible that we drop to 9100 level the most, but if we see a good bounce from there - it's probably going to be the real deal.
The RSI level which holds support while...