Bitcoin Bulls make a stand at the 21W EMA in the face of adversity
Will the 12 May 2021 be:
the day that Vitalik Buterin and Elon Musk "Rugged" the crypto world by donating Billions of $ of meme SHIB tokens to India for COVID crisis and declaring Bitcoin too energy inefficient for an electric car company to endorse.
the day that even though fear...
XRP Fractal 2017-2019 Fractal incoming for DOGE?
XRP was the dream coin of the last cycle, it seems that DOGE is the dream coin of this cycle.
This might be even worse though because XRP at least has active developers and teams working on it.
DOGE only has a litecoin fork with unlimited supply and cute dog logo.
Whales hold most of these coins, expect...
XLMBTC Fractal in VETBTC
I spotted an interesting Fractal in VET I remember from the last cycle 2017-2018 of XLM/BTC
Different cycle, different asset and says nothing about the USD values.
Fractals do not always play out at the same rate, scale or even at all.
Posting for future reference.
Time to swap ETH for ADA?
Could be a good time to swap in some of those Ethereum profits for Cardano pump
3M Consolidation above 2018 ATH on ADA
Sentiment negative (people forgot/got bored with ADA)
Bears got no ammo left
Bitcoin vs M2 Money Supply
2020 Covid Year - Money Printer goes BrrrrrRRRrrrr...
Stablcoins market cap increase many magnitudes ($20B USDT + others USDC/BUSD)
Bitcoin broke ATH in dollar value will it break in real value yet. Let's see.
Bitcoin Dominance Retracement
BTC reaching $16500 Resistance could see a pullback and ranging for the following months.
Alt coins may see cyclic rotation and BTC.D dropping into the 40-50% region and eventually 15-20% region.
Stellar Lumens - Falling Wedge, Bullish Divergence
Falling Wedge since November Breakdown
Bullish Divergence on Daily RSI
Looking for bounces and potentially bottom reversals at green lines - 765, 570, 362 sats.
SPY 50% Crash Looms
S&P500 Index is a benchmark for the US and global equity markets
Historial 10 Year Bullrun posted 300%+ gains
Technicals show top forming since Jan 2018
Fundamentals align for recession: US-China Trade war, Gov Bonds rally, USD continues strong, Treasury Yield Inversion, Minimum Unemployment
Bears target a 40-60% retracement
IOTA eyes 2x gains with potentially more to follow.
IOTA down 90% + in brutal bear market.
USD chart looks to be in deep accumulation range $0.2 - $0.4.
BTC chart is super oversold on the weekly with bullish divergence on the daily RSI.
Directed Acyclic Graph (DAG) technology is a big differentiator in a crowded space.
XRP / ETH Falling Wedge
XRP / ETH is not a commonly traded pair or studied chart.
Falling Wedge is a bullish pattern with a higher probability to break up than down.
Ethereum is bullish against the dollar; if this breaks up this would be very bullish for XRP.
XRP Bounce - XRP BTC and XRP/USD
5 months have been extremely quiet for XRP with volatility very low after a lot of 2018 fall hype.
XRP has been hugging the $0.30 price and is being dubbed the next stable coin.
Supply & Demand imbalance appears equal...
ADA/BTC Chart - Weekly: oversold and 200 SMA at ~₿0.000046, bullish daily divergences
ADA/USD Chart -...
Cardano Bounce - ADA/BTC and ADA/USD
ADA/BTC Chart - oversold bounce off of rising wedge support.
ADA/USD Chart - horizontal support and 200 Day SMA.
Targeting 1500 sats / 8.2 cents for 50% gains vs BTC and 50% gains vs USD in the next few weeks.
Potentially much higher with good fundamental news - Shelley release / Smart Contracts / Ouroborus Staking
Tron Bounce - TRX/BTC and TRX/USD
TRX/BTC Chart - oscillating in a large triangle, oversold and bullish divergence.
TRX/USD Chart - strong horizontal support and 200 Day SMA.
Targeting 730 sats / 5.5 cents for 100% gains vs BTC and 100% gains vs USD in the next few weeks.