Here are my views on the Bitcoin Cycle. $BTC
If you take a look at the previous Bitcoin cycles, you will find some striking "coincidences". I will explain below using the 2W Bitcoin Chart.
1) Starting from November 2011, we find Bitcoins low around $2.01. From this bottom, Bitcoin begins its parabolic advancement.
I have noticed that the first key level of...
Bitcoin has been the dominating force over the last few years. We have finally achieved an Altcoin Dominance breakout.
This breakout looks convincing. We are witnessing a change in tide. Altcoins are about to go parabolic.
The next stop for altcoin dominance is around 47.48%
Enjoy the ride !
This is simple. We are in a bull market. Everyone is a genius. 🚀
ONT looks ready to breakout of its accumulation range. Expecting a vertical move soon similarly to ADA.
ICX, RDN have recently initiated their breakouts
XRP holders undoubtedly get the most hate. Court case makes things seem even more uncertain.
1)We are holding the daily trendline. With Multiple touches, I'd normally get worried if a trendline keeps getting hit. But XRP is taking the punches very well, as shown by the long wicks - buyers are stepping in.
2) XRP took the stops hidden below the lows of...
$IOTA has formed a lovely bottoming pattern - Inverse Head and Shoulders
We also produced a nice close above $0.49
This chart is bullish. Next target is around $0.937
I'd be happy to buy spot on this breakout, some may decide to wait for a retest of $0.49. Either way we ae making our way to $0.937 and once that level is broken, $2.32 is next.
This idea is simple. Can you see what I see?
Bitcoin Cash is breaking and looks to close beyond its previous high of around $475.
This chart looks very similar to what we have witnessed so far in the Ethereum cycle and the Wallstreet Cheat sheet guide.
I am a buyer here of BCH from a technical perspective.
Things could get very parabolic soon. Bare in mind that...
Despite all of the news & FUD surrounding XRP, I am very bullish here.
XRP has formed what I define as the initial stages of an uptrend. Starting point, Initial Structure High, Outside Return 1, New Structure High.
Outside return 2 pulled back deep into the green support/consolidation zone.
It is likely that Outside return 2 took out the stops that traders...
ETH is currently pulling back into support which coincides with the 50 MA. The 50 MA has been acting brilliantly as support.
As further confluence we have a 61.8% fib retracement within this zone and good support. This is looking like a great entry for trend continuation.
Price has fallen to an important level (4020 sats) where I am expecting an impulsive bounce.
Here we have: previous support, fib confluence, a harmonic ab=cd move and bullish divergence on RSI.
Long term I am bullish XRP !!!
Bitcoin remains overall very bullish and should be on its way to $9600.
Price has pulled back and found support at $8425
We could move harmonically, with an AB=CD move pushing us to $9600.
Price only formed a 38.2% retracement (from b to c) which tells me that the next move should meet the extended 1.618 fib.
Looking back this level lines perfectly to...
$ETH has put in a great set-up.
We are currently sitting around $207
Price has pulled into an area of structural support, through a harmonic AB=CD move.
At this area of structure, we get the 127.2 Fibonacci confluence.
For me, a key indicator to go long here, is a the addition of a double bottom coupled with bullish divergence on RSI (7).
This suggests that...
I am expecting a further decline in prices.
I am looking towards to 27c-30c region for XRP.
Within this zone I expect the completion of a harmonic move/abcd.
We have a strong area of support here and the 1.618 extension level acting as confluence.
This would be a great price level to refill my bag of xrp.
I have been dollar cost averaging, all...
The bear market isn't over for me yet.
Price has formed a wising wedge in leading into an area of resistance.
The rising wedge is supported by RSI.
We also have some hidden divergence, suggesting a continuation to the downside.
I am looking to add to my GNT position.
My first entry was at $0.19 :)
We have currently run into some resistance with bearish divergence.
I am keeping an eye on $0.62 as an area of support. I will place a limit order here.
If we break and close below this level, I will pick up more GNT around the $0.50 support/psychological level....
Hi Traders & Investors
I haven't posted here in a while.
I have been picking up some more Ethereum at previous structure; getting in under $400
This looks like a significant level which we are currently testing right now.
Price may consolidate around here until the market is ready to go long.
If price can run up from here, I believe that the next level to...