Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Once price forms a clear break & retest of the EMAs and trendline on the Weekly chart i expect the next Bull run to start. Targets will be around the 22K level. However if price breaks-down from here, i'd be looking at 3,500 to be the next downside target.
Forget to upload the "after" post from the SPX500 call i made 6 May. As you can see price melted to 2730. Going to be letting the stock market play out for the next few months before i make anymore calls.
As we are approaching that 3,000 level we must think about what happened here before. Price has just formed corrective price action towards this level in an Ascending pattern. I am expecting price to reverse from this area, although I would not be surprised if we slightly break it, catching people out thinking price is heading higher then it will slam down. If...
Check last post where I called XRP to reverse from $.28 level.
XRP is now in an important area. I do believe we will get some sort of reversal from these areas. The most interesting point is the trend line which has been respected for a long time and it lies around the $0.28 level.
We are now at a point where we need to see some more development in price action. I'll give the SPX500 a few more months before I make my next call.
Let's see what the end of the year brings.I don't think we will see much this year but next JAN-FEB-MAR will be interesting.
Downside levels are drawn in. My floor is $3,000 (I don't see it dropping beneath that level)
These next two months could be surprising.
So today we got a perfect spike off the '2,600' level which was my first downside target I had marked before this crash. I'm expecting to see some sort of recovery around this level.
Some great news happening with XRP at the moment. If price can keep this momentum then price could smash straight through that $0.51 level.
Still not convinced this is the bull run. Would like to see a clean break of 10k to convince me.
BTC is currently trading at a very important level. Things are lining up for a potential trend change, I would like to see a clear break of $6,800. Don't be so fixated on the bull run because Bitcoin can still very easily go down but things do seem to be taking a shift.
Called these levels.. check my previous GNT post