ranxero46

ranxero46

Worldwide gold is a traditional Christmas present which makes its price go bullish by the start of December because gold sellers stock up on their supplies. When we compare last year's price movement and the level where gold is currently sitting we find an almost identical setup. Strong bearish swing which came to a halt at the 50 Fib-level which has been both...

ranxero46

As seen before W- and M-patterns often are followed by a strong change of direction of price movement. Besides, we're approaching the end of the year and fund managers usually sell the positions that performed weakly and increase positions that performed well to make their success rate look better by the end of the year. As BTC has performed nicely in the...

ranxero46

Whenever BTC formed triple tops or bottoms in the past we saw a trend change happening thereafter. As I see BTC generally as bullish I do not expect a full trend change but rather a retracement to the indicated levels.

ranxero46

We saw a strong rejection today at the resistance zone from February 2021. The RSI shows VanEck to be overbought and I would expect a retracement down to the 0.23 or even to the 0.38 fib-level. Stay alert to enter at better price.

ranxero46

Suggestion to go long on Filecoin/FIL Fundamental: ------------- Filecoin addresses the boom sector NFT with its project NFT.Storage. With NFTs based on a decentralized network such as Ethereum, the NFTs themselves are stored in a decentralized network. But the underlying data of the NFT is often located on central servers. With the help of NFT.Storage this...

ranxero46

Please mind that this analysis is mostly technical and might get invalidated by fundamental or news events. This is a suggestion to go long on BTC and Zilliqa(ZIL) native coin. Inside the green circle: Just as in the text book ... how much confirmation do you need to go long? On 7th September we saw a stop hunt to take out weak bulls who entered around or...