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The 4H BTCUSD chart is showing the formation of a rising wedge and we are closed to the end of this pattern formation. It is incredible how BTC has reached these levels surprising everybody. However, a healthy correction is needed to maintain the trajectory to 100K this year. It is likely (with 70% of probabilities) that this rising wedge is broken down and we hit...

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In my previous idea I was considering 26K USD as the top in the BTCUSD weekly chart for 2020, but amazingly Bitcoin has gone even higher at 28.3K. There are two possible options at the moment, at the current price level: 1) To continue going up to 30K which I personally think it is unlikely as the weekly RSI is already at 90. 2) To start a correction from 28.3K...

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When checking the BTCUSD weekly chart, Bitcoin price action is getting closer and closer to a major correction. In previous ideas it was not clear whether Bitcoin was going to break 20K but it has done it. After this amazing price increase in the last few months, we might hit 25.5k or even 26k but the weekly RSI is now at 90 which has been the highest point for...

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BTCUSD is correcting as predicted in previous ideas. See related ideas. We have already touched the weekly RSI at 85 and start the correction at this point (yellow circle in the RSI). Now the BTCUSD price action is about to break the 0.236 fib level at 17.1K and the next targets to get partial profits are: (1) The 0.382 fib level at around the BTC price $15.7K...

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When checking the Weekly RSI on the BTCUSD weekly chart, it is clearly showing we are close to a correction of at least 20%. BTC is long term bullish but we need to have a healthy correction now after so many weeks without one. As you can see in the weekly RSI, highlighted in yellow circles, the BTC price action (now at $18800) and related RSI level is touching...

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BTCUSD Weekly chart is looking bullish in the long term but bearish in the short term. As can be seen in this chart, the weekly RSI is nearly 84 (yellow circle) which is extremely overbought and we need a correction of at least 20% to continue going up. It is possible to continue going up from this point but very soon a correction is more likely. The short...

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The XRPUSD Monthly chart price action is still within the yearly ascending channel and it is also about the break the 3 years long symmetric triangle (ST). There are many factors that could make the Ripple XRP fundamentals even stronger in 2021 impacting in a very positive way the price of XRP. 1) November 12/12: Airdrop of spark tokens as well as introduction to...

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The XRPUSD weekly chart is clearly showing that we are about to break the 3 years long symmetric triangle. Also, the price action is one more time within the ascending channel and it remains above the 50 weeks simple moving average which is a very bullish sign. We are nearly at the end of the 3 years long symmetric triangle (in white lines). If it breaks this...

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The XRPUSD price action is finally above the two important simple moving averages (SMA) in the weekly chart: The 21 SMA in blue and the 50 SMA in yellow. This shows a possible buy signal at this point in the price action which might provide buying pressure to break out the 3 years long symmetric triangle in white, targeting at least 0.4 - 0.6 dollars. As shown in...

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As in the case of my previous idea related to the XRPUSD Monthly Chart (see the related ideas section), the XRPBTC Monthly Chart is looking bullish when checking the MACD indicator. The signal line is getting closer and closer to the MACD line showing a possible strong buy signal when these two lines start crossing (see yellow circle). It is likely this is...

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The MACD indicator on the XRPUSD Monthly Chart is looking quite bullish as shown in the crossing of the MACD line and signal line moving averages highlighted by the yellow circle. In this case, the MACD line is already above the signal line showing a bullish sign as well as possible upper momentum from this point. Also, we are nearly at the end of the symmetric...

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The ADABTC weekly chart might have a reversal (continuing the uptrend) at around 700-720 sats which is closed to a support area (in green). If this is the case, the ADABTC weekly chart will show strong bullish signs of recovery as we would be forming a higher low (compared to my previous ADABTC idea - see references). Goguen roadmap for smart contracts is about to...

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The DOTUSD daily chart could get even more bullish if we break the 0.5 fib level as mentioned in previous ideas. Polkadot DOT is about to complete important milestones by the end of this year and provide additional integration functionality to other existing blockchains. Its price action is looking good provided be get about the 0.5 fib level. We need to check the...

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The BTCUSD weekly chart is looking in corrective mode in the short term price action. We might retest 12K USD and continue the uptrend at the beginning of 2021. In order to be short term bullish in BTC, the BTCUSD price action needs to beak the 14K USD strong resistance in green. However, in the long term, BTC is still looking bullish as mentioned in previous...

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The weekly ADAUSD chart still showing bullish signs of continuing the uptrend, provided we remain above the 0.1 dollar mark. Cardano ADA progress on the Goguen roadmap details is about to be announced at the end of October 2020. Once the Goguen era starts with the smart contract implementation, this might impact a great deal the price action of ADA. In the...

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XRP is still respecting the ascending channel in the monthly XRPUSD chart as described in previous ideas. Ripple XRP fundamentals are still the same and November and December 2020 as well as 2021 might mean good opportunities approaching to the XRP ecosystem, as well as events such as Ripple moving to The UK if not regulated in the US soon, flare blockchain, among...

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The Cardano ADAUSD Weekly chart is looking bullish one more time. It has bounced from the 21 weekly MA and it has also respected the 0.1 dollars mark support as mentioned in one of my previous ideas. At the moment, the Cardano ADA chart is looking bullish. It is likely to retest the 0.17 dollars resistance, however, we might go sideways for a few days before...

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The 0.61 Fib level is still showing good level of support for the Polkadot DOTUSD daily chart price action. Provided we stay above this level, the DOTUSD price action remains bullish. If this drops below this level of support we could revisit the 3$ mark but this looks unlikely so far in terms of probabilities. If bouncing from this level, around 3.80$, that...