XRP and the Army. XRP will do nothing and could be considered a stable coin until it finally doesn't. Historically XRP does nothing without the rest of the market, they all follow bitcoin. When does the magic start? When the yellow line crosses the purple and the red, more specifically the purple. Until then, stable coin. I have that area circled in prior...
First off, This isn't financial advice. This chart is on the gold 3 month. Although gold had it's highest quarterly close and it's highest quarterly price, the RSI is showing weakness. The RSI is showing Bearish divergence on a quarterly level for more than 10 years now. Will it play out? If so, when crash? I Don't know. The only thing i'm doing is...
Hi fellow traders and investors. If your still on the fence about the market, I'm not sure why, but, I'm about to show we are in a full fledged bull market even if it doesn't feel so to you. This is the crypto markets fear and greed indicator. It came out in early 2018 and in my opinion is very accurate. It's based on human psychology and the emotions fear and...
Hi Fellow Traders and Investors, Today, I want to look into this brand new hot off the presses indicator, THE BITCOIN RISK. The focus of this indicator is the risk levels of bitcoin in real time. It's color coded and fairly straight forward and simple. it's best use is for long term investors not so much for day trading. It can be coupled with other indicators to...
I'm not going to say much here, the chart speaks volumes in my opinion and is a stroke of genius. It begs the question, is it a self fulfilling prophecy? Possibly, but then you would have to find out, how many people know about this chart? My initial guess would be less than 1% of the population. The next question would be, who are they? are very wealthy? can they...
Could we see another leg up for wave 5 completion before the ABC correction? " Yes it's possible, the market cap could make it's local blow off top and get a re rejection off the 200 3day MA. The mechanicals are lining up for a "possible" move. We wait for the confirmation as there is non yet. The RSI would have to get above it's mid ranging uptrend line with a...
Just a quick look here. Another trend line that the BTC price broke through with that big candle in March. BTC first broke through MA Pi bottom resistance kin January then held it as support. Look at when it happened... Literally right after it crossed!!! It is now playing with the top of WHITE trend line. I believe it will continue to do so for a period of...
As we can see here this is the Monthly chart of Digibyte and we can see a distinct pattern. The MACD makes a cross up and during this time price action make goes up very fast and vast. I have the crosses marked with a circle and the bear market trading range marked with a rectangle shape. The real important information is not the move that historically has...
News crypto is an altcoin that in this bear market is showing strength especially against BTC. This is good, especially for the macro. Having said that it all can change very quickly we must pay attention to the support and resistance lines in the price and the RSI to really get a better grasp on the macro. The trading web is an idea I have made from a couple...
Orion is showing signs of life. Big volume spike!!! The RSI is above the 50 level. Orion really likes this 50 level on the RSI and tends to rally real fast above it. The RCI3 and the TDI are both confirming with confluence and momentum growth. Target is at least $1.80 Not financial advice Thanks weAreSat0shi
The Bitcoin dominance has been doing something seemingly unnatural with the limited information available to us. I find that a lot of people are sleeping on this or just unaware. First off, this chart is very busy. I don't normally make charts with this many indicators but there is a lot of confliction in the information and I only want to make a single chart of...
2023 looks like it will be bullish. Is it possible that that Bitcoin could reach 90k by late 2023 or even early 2024? Yes anything is possible, however it's not likely. What is likely is the beginning of the new bull market (March/April) is what I believe. Until then, we will only see small movements with volatility growing upward into second quarter of...
Here we see a chart of XHV Haven protocol on the weekly vs BTC. As we can see, every time price action gets near the 21 week moving average (yellow line) and gets above it, a vertical move follows. I have also included the Vortex indicator (VI) and the Money flow indictor (MFI) both on the bottom of the chart. The VI; When ever the blue closes the distance and...
Yearly gold chart is definitely not looking at all. with massive bearish divergence on RSI and what looks to be a potential top. Uganda finds 31 mega tons of gold (supposedly) that would double the supply. Also there is a rumored massive supply in the grand canyon. Let's not forget about the Rumored asteroid golds miming lol. Take all of that and all the fake...
ICP, is it a dead project or just suffer from bad timing on the release? This project was released with a lot of hype behind it but nothing but deflate and loose value ever since it's release. It something better than hype going for it right now and that is bullish divergence on the RSI and the MACD. The MFI showed a break above resistance and is trying to hold...
I recently made a chart on gold and how it's showing weakness on the yearly chart. here is a look zoomed in on the monthly. even here it's showing plenty of weakness with RSI and once again showing bearish divergence. Thanks for looking.
I have taken the chart from late 2019 to now and flipped it over up side down., and i'm wondering, if this could be in store for the Bitcoin price this year into nest year. I've also included the Halving date with the yellow line. What if bitcoin just does another distribution phase? This just a thought. Please let me know what you think down below. Thanks...
What is going on here? GBTC is the GreyScale Bifcoin trust. It exploded up for almost 10% while bitcoin goes sideways to slightly down. What does this mean? It could mean the correction is either over or Almost over. Why and how can this happen? For me this shows that GBTC without a doubt is not bitcoiin and it trades outside the bitcoin market. Let...