This is the pattern I expect to see in the next few weeks. Just an opinion. bitcoin would appear to be obviously bullish, but trading in an obvious fashion and taking trades that are too obvious, is often costly. I do believe the uptrend is strong, but, I think there will be a violent shakeout before price begins reaching new highs.
Good luck traders!
the trend is your friend, we just formed a beautiful hammer on the 1 hour chart, and the monthly downtrend is weak overall. this may be the start of the new alt-coin season also.
this is not financial advice.
I'm also watching alphacat crypto currency.
the green line is a very important price to me. its a point for very strong monthly support, and it will be exciting to see how price responds to this level. if this bounces and continues an uptrend, expect and even stronger bull market for bitcoin and others!
JUST BUY GOLD AND DON'T LOOK BACK. THERE DOESN'T SEEM TO BE MUCH HOLDING BACK THE PRICE FROM EXPLODING. IT'S AT A LOW, THERE IS STABILITY IN THE DATE (EVEN THOUGH IT MIGHT NOT LOOK THAT WAY) AND RIPPLE IS, WELL.... RIPPLE... SO, LONG AS YOU HAVE RIPPLE AND GOLD, YOU SHOULD BE GOOD TO GO...
ASAFE2 needs visibility.. I hate to "sell out" or whatever you want to call it, but I see big growth for that coin.
Dotcoin is bound to blow as well, just like binance coin...
Long plays: pinkcoin, dotcoin, asafe2, fastcoin, dogecoin, and bitbean; to name a few.
good luck traders!
The monthly trend is strong, and this is a point in price which may prove to be strong support. The Dollar is falling just as hard; and it just started.
Bitcoin is in a monthly uptrend. Only time will tell.
This may very well be the last time Ripple will be cheaper than a dollar. Ripple is trading with the type of volatility you see in the Forex market; Just as Bitcoin does. I expect this week to reverse to the upside with a kneejerk like reaction. If not this week than next week.
The first wave described in the idea is a second wave of the grand scheme. The second wave isn't complete yet, and the small candle isn't qualified to be a second wave of the smaller weekly trend. Ripple has plenty of room to grow! It's uptrend just resumed so its far from over.
Just thougt I'd mention Bitbean for visibility.