BTC has been extremely bullish and seems to be refueling right now. We can expect to trade within the range of 32k and 42k in the coming two weeks.
BTC can easily take these high prices, the chances of a massive pullback are very small right now. We may first test 50k before we see any real pullback.
Its incredible we are stabilizing at 40k, this is extremely bullish and does not remind me of a trend reversal at all. It seems that we are in the middle of the uptrend, the volume is picking up the real trading happens now.
I just cant call all of this bearish. I know we have been long since 9800 usd, but it just does not look very toppy at all. We could even check 45k before we see any meaningful correction. If I see reversal patterns I will let you know on tradingview.
The US dollar seems to empty out in Bitcoin, we could see the hyperinflation emptying out in Bitcoin, in that case we could see a BTC price of 1 million USD at the end of the road.
Of Course it made a small hole in the uptrend, but Tron is unstoppable. In my opinion Tron is the real ETH 2.0 the number of dapps and projects starting on Tron basically dwarfs any other altcoin except ETH. Its natural that Tron has enemies that try to bring Tron down with bad news. All they can do is slow it down, but at the end of the year Tron could be...
As soon as EOS passes 4 USD the EOS bull season can finally begin after all these years.
The red line is a dangerous scenario where we make a lower high and pull back deep. The blue line is a very bullish scenario but may cause instability, the green line is the optimal scenario. As we expected we are trading between 30k and 35k, chances are that 30k is now a mega strong support! We may have skipped sub 30k and we will never restests under that level...
Yesterday TRX was about to breakout into a parabolic trajectory. There was guy called Adam Cochran who didn't want Tron to compete with his own coins, so he made a scheme with fake news. Adam Cochran made fake a document about the SEC suing Tron, this is confirmed completely fake news. Tron is not in any danger of being in the same ship as ripple. Tron did not...
There was a 25 % pullback on BTC, although this has been rejected, now we are less than 10 % away from the top. It looks like a test of 39k before any correction trend will occur.
BTC dumped hard although the DXY is still in a clear downtrend. It looks like this is going to be a sideways moment for a week or so. We can expect to trade between 30k and 35k in the coming week. It is always good for the RSI to make these moves, the RSI was going to extreme altitudes so this move was healthy.
This is a good sign, a healthy altcoin market sustains BTC price movement in the right direction, because now it locks up a lot of BTC in the altcoin trade there are less BTC to sell. We can expect to stay above 32k and fight with the 35k mini resistance. Good luck to everyone, be ready alt season may start now!
I didn't expect saying this but support is at 30k! The resistance is gone and defeated, we are in full fomo mode, the sky's the limit!
Now a good sign is something else obviously, this means no matter at what point you bought EOS with BTC it was a bad idea. On the other hand this could signal a trade with epic gains. If we do break this pattern 5 x up until april is possible! It isnt really clear what caused this absolute destruction of EOS. Many people in the community blame Blumer and block...
XTZ has been sideways for a long time now and has been hit hard during the xrp black swan moment. Privacy coins are going to be in legal trouble, this has been my position for years( now it's finally happening ) It's better to stay in legal coins like, EOS, TRX, XTZ, ETH, BTC, QTUM stuff that can't be sued for the same reasons as privacy coins or XRP. ( non...
We are very close to a breakout, Bitmex again manages to hover above the 29400 fibonacci border ( not a big fan of fibonacci, but many people are ) Although Binance is lagging behind at around 29300. I do expect BTC to do a full attempt on the fat sellwalls that protect the 30k zone. If BTC manages to break 30k it may fly up right to 36k, because there is no...
We have been following EOS every day and we can tell that the bears are finally becoming exhausted. EOS timing with pumping has been the worst of all the cryptocurrencies in the top 100. At every EOS pump BTC dumped within 24 hours and drew rejects on the EOS charts keeping the price down in the middle of the killzone. It's dangerous to invest in EOS, because EOS...