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.