LinkBTC has completed its 5w impulse move.
Wave4 is at 15000sats and will a very good support
for the next capitulation
Linkbtc has been one of the best performer over the last 24 months starting at 2000sats around August 2018 and looking
to pick at 70000sats: Thats s whooping 2750% gain: Incredibilente!!!
Many investors will most like get another chance to...
XRP NEAR THE END OF THE BEAR MARKET
1) If current bear market is going to last the same (939D) as the previous bear market, Bulls could trigger a bull run before JUL2020. Current bear market is now at 882D
2)If bears remain resilient and push the bear market to last long than expected, if we assume it could last 50% longer (1409D), bulls could find the bottom...
Four important keys to note on the 5D chart for BTCUSD
1) 5D 21ema has been a key support/resistance
2) 5D LL divergence with MACD double crossover
3) Bulls territory with a close above the 5D 21ema (7650)
until a strong sign of reversal
4) MACD double crossover
B ITCOIN 50-65% Capitulation: Key points in the chart
Moving Avg : 21ema & 100ema
Time frame: 5D Chart
1-2014 65% drop after death cross
2-2018 50% drop after death cross
3-2020 50-65% drop after death cross
4-Target Buy 4000-3000
DJI & BITCOIN ARE HIGHLY CORRELATED
When DJI bottomed on March 2009 (GREEN), this was when btc was created, early 2009. This also ended the global financial crisis of the early 2000s.
On Oct 2011 (YELLOW), we saw a retest of the 200W ma on the DJI around 10500. This retest resulted in a massive surge in the btc prices: price rose from $2 to $15 or approximately...
BITCOIN DOWNTREND BELOW 6K IS AS FOLLOW.
The bitcoin fractal is still playing out as expected,
THE SUB 6K area is where bulls could find the strongest support.
W time frame is in control as btc is ready to break the W 20ma at 8450 on bitstamps. If that happens, bulls will have to step out of the way for the next few weeks before any strong bullish momentum could...
BITCOIN MACRO TREND BREAKOUT!!? YOU DECIDE!
The 3M chart is extremely bullish for.
Major resistance is 10500 on 3M. A break above could trigger massive uptrend.
One has to remember that this is 3M. There it will be a lot of noise on the daily when trying to break 12k and 14k.
But buying and holding for the next 18-24M could be the key
However, a break to the...