UnknownUnicorn2616933

UnknownUnicorn2616933 Updated 

We've just had a 21/50 day EMA Golden Cross and longer term MAs have compressed. In addition XRPBTC appears to have bottomed. I think this xrp rally may just be getting started. Good R/R on entering a long position on both XRPBTC and XRPUSD.

UnknownUnicorn2616933

This chart is a follow on from my previous chart "Fools Gold?" and is an additional visualization to help us understand the relative value of Gold through recent history when adjusted for inflation. I've also added Silver in for comparison.

UnknownUnicorn2616933

A multi year bullish triangle has formed on the log chart. Note how close the apex is to the next Halvening.

UnknownUnicorn2616933

When the herd is convinced that gold is going to the moon it's time to sell. Of course gold can go higher but its current market price is much higher than its intrinsic value. I think we'll see a bearish decade for gold. When Ray Dalio says at Davos that cash is trash and to buy gold not Bitcoin, it means it's probably a good time to sell gold and stocks for...

UnknownUnicorn2616933

Bitcoin saw a golden cross of the 21 day EMA and the 50 day EMA on the 13th of January. This cross typically precedes a significant rally. As shown in the related idea, Bitcoin entered a new bull market in December 2018. The current rally is the start of a major trend change as part of this bull market. On the 19th of January Bitcoin hit major resistance, the...

UnknownUnicorn2616933

This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

Chinese Bitcoin holders have experienced a continuous bullrun since 2015. It looks like it isn't ready to stop yet either!

UnknownUnicorn2616933 Updated 

One possibility is we wick down to the bottom of this channel before a major rally in the next few weeks. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933 Updated 

I see limited downside with support from both the 200 daily MA and 200 weekly MA. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

What moving average is XRPUSD sitting on? The same moving average that BTCUSD has found support on at the beginning of the last two bull runs, the weekly 200 MA as shown in purple. XRPBTC is sitting on a trend support as shown in green. Ripple has just announced they are scaling back institutional OTC sales: www.ripple.com Bitcoin and the weekly 200 MA: ...

UnknownUnicorn2616933

Bitcoin's recent rally has allowed xrpbtc to fall to support without xrpusd losing support. So we now have xrpbtc sitting at support and xrpusd near support with Bitcoin's bear market likely coming to an end (see related idea). I am very bullish on xrpbtc and xrpusd. Looking at previous rallies I am anticipating a rally to start in about 3 days.

UnknownUnicorn2616933

In this speculative model BTC finds a low just above 3k in May this year and then enters the next bull market. Please have a look at this well known log prediction from 2014: i.redd.it This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

Many are anticipating lower XRP prices however there are a few reasons why the next six months look bullish to me: As you can see in the related idea Bitcoin is nearing the end of its bear market. Because of BTC XRP coupling, the only reason XRP really has to drop is if BTC dumps heavily so it is likely that XRP has support at current levels. Note that in...

UnknownUnicorn2616933

Market sentiment is very bearish and long term chart looks bullish. Time to load up on your fav cryptos. If buying feels terrifying you will probably make a lot of money. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

Strong support for higher lows long term, looks like an ideal place to buy. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933

XRP will likely find support at 50c before another break out. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.

UnknownUnicorn2616933 Updated 

The inherently worthless XRP token (not to be confused with Ripple) appears to be respecting a support trendline, I expect its rally to continue to higher price ranges. This is not financial advice. User "eloquentplatypus" accepts no liability for any financial losses due to the information provided.