-- Technical -- We have a positive breakout from the descending triangle with high volume buying. - very bullish MACD 1D is crossing the signal line into bullish trend , 1D is stronger signal than hours. We have a Bullish divergence on the RSI and candles trends. Also, on the Fib Retracement we have dropped blow the previous swing low cycle ( level 1) and...
-- Fundamentals -- XLM has been consolidating for many weeks and is one of the last major Alt coins to move. Greyscale has purchased 5.5m XLM last Friday. USDC will use the Stellar blockchain to transaction, VISA will be using USDC for crypto payments driving volume on Stellar network. Similarly, USDT uses Tron ( TRX ) blockchain. Coinbase IPO is on the...
-- Fundamentals -- Continued new user adoption XRP is one of the lead Alt coin markers for Alt coin season. Potential relisting of XRP on exchanges. -- Technical -- Broke the $1.00 barrier twice in the last 24 hours and has achieved going above $1 for the first time since 2018. Very bullish signal. We could see a XRP $6 top in this Bull run. *Not...
-- Fundamentals -- Alt Season is kicking off and we have had tears on XRP, XLM, XTZ, and BNB to mention only a few. Why has Sparta has ticked down. It is due to BNB been on an absolute moon lunch. Climbing over $350 in a several days. Sparta has increased to $1.83, from $1.15. -- Technical -- Sparta is continuing to consolidate. We have a bullish divergence...
-- Technical -- Trend is forming new Higher Lows and is respecting a newly formed daily trend line as a support. Bullish Pennant forming. There is strong support at the $0.032 level. Bollinger Band are tightening and expect increase volatility in the coming week and see positive price action. -- Fundamentals -- Reef is DeFi for the Polkadot blockchain (DOT)...
We have an inverse head and shoulders pattern with a breakout to the up side. It is over the 4H period. *Risk movement* Pattern may dig back below the neck line but it would be a head fake. ""IMPORTANT: wait for the confirmation and retest of new 60k support or for a 1D candle to close above the new support."" RSI is showing increased buying. 1D MACD is showing...
Extended period of Bollinger bands squeeze expect volatility with renewed BTC bull run. If SEC court case labels XRP as a security, anticipate a sharp jump in XLM price. Not financial advice and only educational. Always DYOR Please comment, like and share. Happy Bull Market come Alt Season!!
BTC’s next top range looking to be $70-80k in late April - May period. Fundamentals are looking solid. USD10bn stable coins at exchanges. Very bullish on new 60 days cycle Not financial advice. Always DYOR. Note, republished this idea as the chart formatting was cut on previous idea. Please like and share.
BTC’s next top range looking to be $70-80k Fundamentals are looking solid. USD10bn stable coins at exchanges. Very bullish. Not financial advice. Always DYOR. Please like and share.
BTC has just finished a 60 days cycle. We are in a low for the next 60 days cycle. I believe the next top will be around 70-80k before another 60 days cycle starts. Selling pressure will be high at this point and further consolidation will occur before another bull period up to 100k. This is not financial advice, only educational. Always do your own research.
Quick update, momentum was picking up and the trend hit an iceberg order. High volume was seen around the 47k for several hours. Price trend has moved upwards but supported by weak volume - not a major reversal. Overall, the trend still remains bearish.
Hi, Downwards trend continues in the short term. Possible BTC/USD upcoming head and shoulders reversal with retest of the 42k support line. It is not financial advise and merely my own analysis. Make sure to DYOR, as always.