This investing idea is especially for TRADERMARIANO a long term follower !! Everytime I was looking into XDC I saw nothing but bearishness during the last 12 months, despite all the steps that this company took to grow its ecosystem ! XDC has broken out of a long term large bullish broadening wedge and has made a text book back test. 50 D moving average looks...
There is a beautiful broadening bullish wedge forming (blue line) that has recently broken to the upside. Confirmation has been signaled and price is in backtesting mode. This broadening descending wedge is developing inside a larger pattern: a broadening bullish wedge (not descending but broadening to down- and upside). All this happens on the BTC pair. My...
I drew this chart 1st of May 2022 and suggested that it was signaling an Altcoinseason. After the dominance had broken out of the bearish triangle to the upside I thought I WAS WRONG. However, after a strong reversal the Bitcoin Dominance has fallen back inside the triangle today and is FALLING LIKE A STONE !!! Will be really interesting to see how this further...
As many altcoins, TRIAS has started to outperform bitcoin and has broken out against bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, XRP has started to show strength against bitcoin !! Over the years it has built a very complex inverse Head & Shoulders pattern. There is a very heavy bulk of resistance at the hight of the neckline ! Once this breaks price could rise dramatically...... Will be interesting to see how this further develops ....
As many altcoins, XDC has started to massively outperform Bitcoin !! It has broken out of the bullish descending wedge and already accomplished a complex backtest ! Will be interesting to see how this further develops ....
As many altcoins, THETA has just started to outperform bitcoin and has broken out against bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, DOT has started to clearly outperform Bitcoin !! Will be interesting to see how this further develops ....
As many altcoins (even if BSV is not really an altcoin), BSV has started to massively outperform Bitcoin !! Will be interesting to see how this further develops ....
As many altcoins, XLM has started to massively outperform Bitcoin !! Will be interesting to see how this further develops ....
TRIAS is yet another example that shows that we should not lose hope and that, on the contrary we should expect great things from the market medium term. TRIAS has formed a beautiful bullish bat pattern on the daily time frame. This pattern suggests an easy 10 x for this coin medium term. On a long term time frame much bigger numbers are possible.
While Bitcoin is crashing towards 20'000 USD... BSV is breaking out against BTC after having completed a 4 year bullish wedge and after having completed an around-the-apex move. This is indeed very bullish for BSV (non necessarily bearish for Bitcoin - which has a strong marketing team behind it). However BSV has the technology and is building around a working...
RSI has NEVER been that oversold in history ! MACD showing some positive histogram (green line). OBV (on balance volume) has NEVER given back anything of its strength. We are in a bull market (and have always been in a bull market) for XRP. Price wise we are resting on support (blue line). Do not expect exclusively bearish price action !
There is ONE coin of which I am certain that it is NOT in a bear market !! THIS IS BITCOIN SATOSHI VISION. MACD is screaming G R E E E E E E E E E E E N since a loooong time !! RSI is showing a huge positive divergence ! Price has formed a bullish parallel channel just below the apex of which it recently broke out. Same is happening in the USD cross...
This ratio has proven to be effective at least 4 times since the secular Bitcoin bull market has started: JAN 2015 - AUG 2015 - DEC 2018 - MAR 2020 Will it show the way in JUN 2022 ? Odds favour it might be so ! Either the ratio touched the 7 year ascending trendline (JAN 2015 - AUG 2015 - MAR 2020) Or the RSI of the ratio reached deeply oversold levels (DEC...
The recent crypto melt down has not changed my call on Monero relative to BTC. I have been shaken out of my position and I already regret it. The long term outperformance of XMR relative to bitcoin is still valid. The downturn only provided a strong backtest of the breakout. PRESENTLY THIS IS A NO BRAINER !
XMR has violated support on the 185 - 189 USD level. However it reclamed that level very rapidely. MONERO has formed a beautiful cup & handle pattern on the USD pair. Difficult to be bearish - despite present market conditions.
I have never been a great believer in this project ! Perhaps because of ignorance ... What I do know is that TRX has been in a bear market against Bitcoin and is about to break out from a monster symmetrical triangle !!! The implications of this would be huge ! Not only for Tron but also Bitcoin and the digital asset space as a whole ! That is why I stubbornely...