Y0UNG

Y0UNG

We've broken out of the yearly resistance R3 as seen in the previous idea. Completing our double bottom, I'm expecting price to continue to increase unless BTC does something drastic. I found it slightly difficult to assess where ETH/BTC may target since price was very choppy in 2019. Some ideas include: 1. A possible short term target of around 0.02485 based...

Y0UNG Updated 

Bullish signs such as RSI divergence and higher lows may be seen as shown in the chart, as well as good fundamentals and growth of the ETH network, ETH 2.0 coming, DeFi and more. However, major resistances in the weekly-monthly time frame still need to be overcome. 1. Downward channel around 0.2 needs to be broken before moving higher 2. A break above the...

Y0UNG Updated 

BTC/USD looks like it is recovering, but still very much in bear territory Lots of short term nice shorts and longs to be made between the resistances and supports Daily candle closing above 15000 and successful bounce off the last resistance maybe suggests a reversal and a bullish trend . But if it fails, 11500 or lower is possible. BCH/BTC ratio seem to be...

Y0UNG Updated 

Valid correction, start of a new wave if it does manage to breakout? I still believe that BCH has big potential for growth in the future Perhaps we'll be able to see 670-700 soon?

Y0UNG Updated 

Just my own take on things Uptrend becoming more clear, however if price drops lower than Fibonacci 0.5 of wave 1 may have to reconsider and re-enter somewhere else Fundamentals: This article really helped me in understanding the differences, advantages and disadvantages of each system: www.bitcoin.com Seems promising for BCH to succeed in the future