Hi everyone, Welcome to another Bitcoin update on the Monthly Chart! As usual, it's all pretty clear in the chart. I take a look at the MACD, Sqz Momentum Indicator and RSI on the Monthly chart. Assuming we are in a new BULL market (as of April/May 2019), here are some points to consider on the indicators: 1) A bearish MACD cross never happens when BTC is in a...
Hi everyone, It's all in the chart. My theory is that there is a possibility that a repeat of the previous macro rounded bottom is happening right now. XRP technically is at the verge of massive upside; it is immiment, especially as BTC trends sideways and even downwards in the coming couple of months. A rounded bottom has a very clear target if and when it...
Hi everyone, Welcome to another Bitcoin update. I present the ***Bearish scenario*** for Q4 2019. (so as to always keep an open mind and examine all options). It's all self-explanatory in the chart. Basically, this savage drop to retest the previous bear market S/R levels (which is the target of this Summer's Head & Shoulders formation) around the $6.4k...
Hi everyone, Check out this trade setup for a long (buy) signal on Link. Makes for a nice swing trade. After correcting to the 61.8% fib retracement and approaching the longterm (red) support trendline, I believe Link is ready to explode for a 200% pump over the coming month or so. Target at $6.18 is a confluence of AB = CD extrapolation and the 38.2% fib...
XRPUSD BUY signal Trade setup in the chart. $0.4 TARGET. Confluences: 1- Target of Falling wedge 2- 61.8% fibonacci retracement target 3- previous S/R level Cheers, Leb Crypto
Hi everyone, Here's another XRP idea for the upcoming Q4 2019 and until Q3 2020. In this analysis, I show 2 prominent parallel trendlines based on S/R flips throughout XRP's history. The lower and upper trendlines (dotted) are parallel extensions to the other two. Given the imminent alt season and XRP's bullish signs after being severely oversold, along with...
Hi everyone, Welcome to another idea on Bitcoin's long-term cycle. The main observation I realized today was this: After testing the top of the Monthly Bollinger Bands for the first time, Bitcoin enters a long-term bull-market and keeps hugging the upper band until the end of the parabolic rise to new ATH. We're at that now, almost exactly like August...
Hi everyone, What's most interesting in this chart is 2 things: 1. The long term parallel channel that Bitcoin likes to travel within before exploding to new ATHs 2. The Weekly EMA ribbon bullish flip that marks the long term bull rally to new ATHs All else is in the chart! Hope you enjoy this. Cheers, Leb Crypto
Hi everyone, Welcome to another unpopular idea on Bitcoin. ATH end of this month?! I present it because I don't see anyone offering it as a possibility. Could Bitcoins current parabolic rise since beginning of the year be mimicking almost exactly the parabola of the 2nd half of 2017? We present the 2019 parabola as an exact replica of the 2017 parabola. If...
Hello everyone, I've got my contrarian hat on today, inspired by my previous idea on Litecoin. While everyone is expecting further retracement or re-accumulation phase for the coming months on Bitcoin, could this surprise all and continue it's parabolic rises? We present the 3 parabolas (yellow, purple then blue) that we see playing out, IF our contrarian view...
Hi everyone, Welcome to an update on Litecoin. Litecoin looks bullish to me, even after having corrected 47% from the June 2019 highs. My main argument in this idea is that Litecoin will continue to be bullish after the halving event (tomorrow) because everyone is looked at history and thinking that Litecoin usually crashes after the event, "buy the rumor,...
Self-explanatory $XRP chart I hope! Fibs fractals within parallel channel pointing out 2 targets, EOY 2019 and EOY 2020. Fundamentals and Technicals are about to meet/cross, big time! Talk about the real "golden cross", beginning this year. Cheers, Leb Crypto
Hello everyone, Welcome to another macro Bitcoin update that shows that previous ATH ($20,000) may be this year's EOY target. As I've analyzed in previous ideas, I believe Bitcoin is still in the big Cup & Handle formation, currently completing the first half of the handle, and about to paint the remaining part of the handle in August. Enjoy the chart! Details...
Hi everyone, Here's another update on Bitcoin on the Weekly Chart! After completing the flag pole in June, Bitcoin may be in the process of completing the bull flag structure as it continues downtrending to $8.5k. A simple extrapolation target of this bull flag sets Bitcoin at $18,200 in mid-to-late October 2019. This is inline with our ultimate EOY target of...
Hi everyone, Welcome to another macro TA on XRPUSD. This may be an unpopular chart as it shows very boring movement this year 2019, even until late March 2020. Many weak hands to be shaken off out of despair from a seemingly lost investment. Many in the process will lose faith in XRP as Ripple the company continues to shine with no price appreciation for XRP....
Hi everyone, It's not unlikely that BTC is travelling within a downtrending channel (red dotted lines) since the blowoff top, but also currently within a falling wedge, which is bullish in the short term. Possible price action: A quick drop to the bottom of the wedge, coinciding with the 50% retracement at around $8.5k, followed by a bullish rally to the upper...
Hi everyone, Welcome to another update on Bitcoin! Check out that long term 2019 trend line. We think it will hold as very strong support for this ABC correction, which is nearing its end. Bitcoin is coiling in a Bullish pennant for more than a month now, with some over-extended price action. So how is this bullish pennant (green triangle on chart)...
Hi everyone, All details in the chart. Very bullish bitcoin going into 2021! Cheers, Leb Crypto