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If we loook at 2017 sep 1st. btc hitted resistance THE SAME ONE that BTC hit right now.
The funny fact is that in 2017 we came to that resistance from almost the same price point like we did now. Only now it took longer.
Anyway short term im bearish. But long term if BTC drops to 2019 lows and then again moves up to todays price - im bullish. We had the same in...
BTC is trapped between weekly 200 ma and 200 ema. Looks like price gonna drop, there is no chance it will break resistance. Breaking for few hours or days doesnt count. We talking here about weekly chart, so at least 1 week should be above black line. Then would be great idea to buy some btc/alts. But im realist and i almost know it will drop because of 200 weekly...
Looks like 2019 xrp can not break 100 day EMA. And 100 d EMA will go lower. So looks like XRP either have to break it or surrender and have lower highs. I think XRP is way too overvalued and should go down to 0.19$ levels to be in somewhat in normal value.
Looks like there is strong link betweek 4h 200 moving average (pink) and the price of xrp. I guess XRP price will drop to it and should bounce back, but all depends of course on market. It drops bellow it - then possibility to buy cheaper xrp. I put my order on 0.291$ to be sure it will be filled :) It may drop to 0.285$
Here simple chart with BTC support levels. It's pretty high possibility BTC will test the lowest line. BTC in the past usually was going down ~85% from ATH. This time may be the same. And the 85% is exactly at lowest supp line.
Lets hope it will go to that level. Cheap crypto hurts nobody.
Well this is troll post. To make fun of EVERYBODY in this website who makes chart analysis every single day, every time talking nonsense, never ever being right.
You all SUCK. How many of those "great" chartists predicted BTC @ 5400$ ? NONE OF THEM.
So Unfollow them. Those mentally ill people just seek attention and ruins this website.