XRP/BTC is facing downtrend after SWELL Event, XRP/BTC is now facing important support trendline on 3D Chart.
Price is hanging close to 21 and 50MA Support on 3D, As 3D Candle started today, we could expect more sell-off in the next two days.
MACD is also about to crossover on 3D Chart.
ETHEREUM Instanbul Hardfork is scheduled to activate on 4th Dec. ETHEREUM had recorded 80% price growth before the last hard fork update in the early year. Expecting something similar price action this time as well.
Looking at technicals:
- ETHUSD has formed a bull flag on the daily timeframe, the price has also formed a triple bottom at 152.5$.
- Golden cross...
Here I am comparing the Historical Bitcoin chart before halving to predict upcoming price action.
In Nov'15, Bitcoin price pumped high similar to the recent 42% move of bitcoin. Bitcoin found support above 7MA on a weekly timeframe and stayed above this MA till Halving in July'16.
We have got the pump similar to Nov'15, Now I am expecting to hold 7MA as support...
Bitcoin is consolidating after a huge breakout in the last week of last month. The overall trading volume and volatility have become low again. Bitcoin is currently trading inside a descending Triangle on 12H timeframe which can initiate the breakdown. There is also a CME GAP to be filled around 8700$.
I am expecting Bitcoin to drop 8700$ then bounce to 9250$...
Bitcoin recorded over 44% gain in the last 24 hours, and with this pump, the macro trend has turned in bullish.
Bitcoin Fib Levels:
Bitcoin price bounced from 0.382 Level around 7298$ and rejected above 0.618 Level.
Bitcoin Next FIB Level support is at 0.5 FIB Level: which is at around 8570$.
I would like to see bitcoin above 8500$ area for further bullish...
BTCUSD recorded 17% Gain today after price bounced from falling wedge support formed on Daily and 3D Chart.
Falling wedge resistance is at 8700-8800$ Level, Bitcoin needs to break above 8800$ and build support above this level for a bullish trend change.
As long price stays below 8800$, there could be a possibility of another leg down to 6800-7200$ before major...
AUDUSD is trading above 50,100MA on the daily timeframe, and currently facing resistance at 0.68831, which I think will be broken out in a few days. Expecting Price to retest support at 100DMA before bullish continuation.
Entries: 0.681 - 0.685
Exit: 0.69 - 0.693
ETHUSD is trading inside a falling wedge, the price can break out from the wedge.
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ADABTC is moving inside a falling wedge which is a typical bullish pattern.
ADABTC could attempt to breakout soon. Bullish as long price stays above 0.00000470 BTC
Entries: 0.00000450-475 BTC
Exit: 0.00000525-550 BTC
STOP: 0.00000435 BTC
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EURJPY is moving in an uptrend channel on the daily timeframe.
Price trading above 50,100MA on daily- which is a sign of bullish continuation.
MACD is bullish on a daily time frame as well.
We are just a few months away from next bitcoin halving, which has been a bullish catalyst for Bitcoin in the past. The Crypto community is looking positive about halving, and everyone is expecting a bull run.
Let's dig in how bitcoin performed few months last having and using past data points we will try to predict the upcoming price action for bitcoin.
- Falling wedge breakout on the daily chart.
- Found support above 21MA, 50MA is the next resistance.
- MACD turned bullish on Daily timeframe.
- Price is moving inside an ascending triangle on the daily time frame.
- Price is holding support at 50MA support on 1D chart.
-MACD has turned bullish on 1D chart.
Entries: 0.0068-7 BTC
Exit: 0.0076-79 BTC
STOP: 0.0066 BTC
Timeframe: 1-2 weeks
There are two fundamental catalysts that worked in favor of Bitcoin bulls during the recent parabolic rise from 3200$ to 13900$.
First is BAKKT Trading Launch and the Second was the Facebook Libra Project announcement.
The bitcoin price rose above 50% after the BAKKT launch announcement came out in May'19. A month later on 18th June Facebook also introduced...
EOS/BTC is looking bullish on the 4H Timeframe, along with other major altcoins. EOS/BTC is trading inside an Ascending Triangle on 4H Timeframe - which is bullish in nature. Breakout is most Likely.
Entries- 0.000034-36 BTC
Exit- 0.00004-42 BTC
STOP: 0.000032 BTC
Timeframe: 2-5 Days