VFCrypto

VFCrypto

Hello all, We have attached our original analysis from November 18th on bitcoin price sentiment. As we outlined originally, Bitcoin was showing weak momentum and was showing strong signs of a rather substantial sell-off. Since our original call, the price has played out almost exactly as outlined. On November 18th, Bitcoin price was in the $8,600 price arena....

VFCrypto

We argue Bitcoin may be testing $7,000 levels in the short-term if the price closes below the 50 day moving average. We outline some interesting points on the chart here, looking at historic price action post 50 day MA rejection. You can also read our full "short analysis" on our website .

VFCrypto

As you know by now, we have been following the long-term bitcoin technicals for about a month now. Bitcoin is now flirting with the 200 day moving average which it hasn't done since March 2018.. See our full analysis here . Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell...

VFCrypto

For the last few weeks, we have been looking at the XRP price action. Most recently, we talked about XRP entering bull mode based on the XRP/BTC movements the past 40+ days. We also have outlined the long-term price action and how 100 day MA has been critical. You can see that in our attached reports to this post. Most recently, we took a look at Bollinger bands...

VFCrypto

As you have seen from our recent posts, we have been following XRP closely as it continues to show strong upward momentum. The last 30 days, XRP has been one of the few cryptocurrencies gaining market share. You can see our full analysis here at Visionary Financial . XRP has now gained on Bitcoin for the last 42+ days. If we assess long-term price action, we can...

VFCrypto

Since late last month we have been covering Bitcoin on the long-term ( 5 year ) chart. We outlined it sitting on the most important support zones in years. In our ( Visionary Financial ) most recent market report, we outlined bearish fundamentals are appearing for the first time in a while on network momentum, MVRV and Mayer Multiples. Check out the report here ....

VFCrypto

As discussed in our original XRP analysis last week, we mentioned that 40-50% upside could be brewing. If we take a look at the XRP price action the last 5 years, we can assess the 100 day moving average. The last few times XRP has accepted these resistance levels, it has rallied substantially. In our full XRP analysis , we again outline the chart and show you...

VFCrypto

We went through a series of reports last week in which we closely assessed the Bitcoin 100 day moving average. This average has only been rejected by Bitcoin one in the last 5 years on the long-term time frame. We considered it a very strong support level in determining long-term sentiment. Bitcoin bounced exactly off that level and headed up the last few day....

VFCrypto

As we mentioned in a recent analysis , XRP has been slowly gaining on Bitcoin the last month or so. XRP now approaches a significant area on the chart that has historically results in large upside. XRP is almost to the point of retesting the 100 day moving average level. We have outlined 2 previous times on the chart that XRP has tested this level and accepted...

VFCrypto

If you guys saw out series of Bitcoin price reports last week, we outlined numerous times how BTC was approaching the most important support zone in 5 years in our opinion. You can see our full analysis here which outlines why Bitcoin could be soon triggering a long-term bearish indicator. If this were to happen, we would be looking for an XRP rally. XRP has...

VFCrypto

Hello! As we discussed in the recent 4 reports, Bitcoin continues to flirt with the long-term 100 moving average which we have now stressed multiple times is the most important support zone in 5 years. Not much has changed since the last update, as that support level continues to be super strong in detemrining the long-term sentiment for Bitcoin. We will continue...

VFCrypto

If you guys have followed our recent content, we have been following the Bitcoin price action ever since we called the initial drop from $10,000 levels. If you view out previous TradingView posts, we have mentioned that during our most recent Bitcoin research , we were arguing the fact that Bitcoin was in undervalued territores, but the technicals should not be...

VFCrypto

In our series of reports here the last few days, we have been focusing in on the long-term Bitcoin chart ( 5 year ). We have been tracking this chart ever since calling the initial sell-off from 10K levels. The 100 day MA can be applied to intermediate and long-term time frames. We outlined the long-term MA yesterday and stated if it dropped below, it could be...

VFCrypto

Bitcoins recent sell-off has now put BTC in an interesting formation. In our recent posts where we initially called the sell-off from 10,000 levels we outlined how the 100 MA was a good indicator of intermediate price action. If we take a look at longer time frames, we can also see another instance where the 100MA indicator proved to be an important tool. If we...

VFCrypto

As we published in our original technical analysis last week, we were stating a strong bearish case when Bitcoin was trading around $10,200. The reason we stated this was simply looking at the 100 day moving average, which historically has been a large indication of price momentum. We mentioned that dipping below the 100 MA and not maintain support could create an...

VFCrypto

If we take a look at the Bitcoin chart right now, we are seeing some downward pressures after a somewhat "consolidation phase" it was going through as of recent. If we take a look at some key support zones, bitcoin is making a stronger argument for a 9,000 test based on some historic price movements. On this chart we applied the 100 day moving average which adds...