MA200 is the strongest support line of Bitcoin and has been in the past years.
If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market.
But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more.
The RSI and MACD are pretty low,...
Like most coins, Ethereum is currently overbought which signals that a correction is coming.
Although in a very bullish trend, I expect ETH to drop to 3150$ in order to reach MA20.
I expect that soon after ETH will go above 4000$ to 5000$. The summer season has always been kind to the crypto market.
Bitcoin has reached MA 100 on the daily chart and might go to 45750$ to reach 0,618 Fib Level.
RSI has reached an oversold level. So I expect a strong bounce by the end of the month to 53000$
This is one of the normal 30% Bitcoin Corrections we got used to in the past. Don't get yourselves caught up in the FUD and negative news.
Take advantage of this dip and...
ETC achieved my target at 28$ and touched on MA20 and 0.618 Fib Level from which it bounced back.
I expect a strong bullish trend from here to more than 50$
Take advantage of this dip and trade carefully.
Expecting a drop in ETC/USD to Fibonacci Retracement level 0.618, at 28 USD value.
There are corrections all over the crypto market and a new consolidation phase.
Stay safe! Not financial advice!
Ethereum has slowly increased in value, forming a bullish channel. I'm expecting Ethereum to bounce back after touching MA50 as it constantly did in the past.
So far, Ethereum has been following Bitcoin Monthly Dips without any signals of breaking the formed pattern.
Even though ETH has outperformed Bitcoin in the past few months, I don't expect any serious...
XRP bounced back after a 42.5% drop over the last week. Touching MA20 represented strong support for the bulls and it bounced back.
The next strong support is at 1$ at 0.5 Fibonacci retracement level, which I don't expect to be touched.
By the end of the month, I expect an increase of XRP to 2.42$
In the bull market, 40-50% dips are a great...
This is a representation of how Bitcoin behaved each month since December 2020.
Take advantage of these dips and enjoy the ride!
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