If you lay over the last bull cycle on bitcoin to the current one, it is easy to see that we are in a very similar structure.
BTC is following the exact movement and the length to break ATH is on point to be exact.
Only time till will tell.
Enjoy the show.
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BTCUSD has broken its last .786 resistance on its fibonacci retracement.
As we can see, back in 2015 the EXACT move happened after we confirmed .382 Fib level.
At this point BTC should touch around 20k and have its pullback to .618 at some point after.
Anyways, it's been a fun ride so far.
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BTCUSD has grown 65% since October 7th.
That is immense growth, mostly fueled by PayPal.
After breaking 17.2k, BTCUSD has not much BIG resistance left to ATH.
Although, as we can see, there is a 3 touch bearish divergence.
These play out very well on BTCUSD, although FOMO and hype is kicking in.
Some type of correction will come soon.
If the top...
XRP has been slowly curving around on this larger time frame (1 Week).
As we can see, it has created an ascending triangle. Breakout is 30 cents to 32 cents.
Once that range is cleared, we can see explosive movement like we saw in 2017.
Check out the XRPBTC chart I linked.
This can be immense profit ahead.
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XRPUSD has been dead for some time. With bitcoin reaching near ATH XRPUSD needs to wake up soon. As we can see on the chart, the 1 week chart has printed a beautiful falling wedge pattern. We have broken out and confirmed. Get ready for much upside.
XRPBTC has been getting shattered for over a year now.
This chart is the most similar thing i have seen yet.
This current consolidation is only found ONCE on the entire XRPBTC chart. I have shown the last time it did this and the result was a 6000% surge.
This should breakout very soon.
Time is REALLY ticking...
Lets GO XRP!!!
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As seen in the charts we have a similar pattern as the beginning of 2017.
We just saw the first green tick on 3 Week MACD on XRPUSD since 800 days ago.
It's been a 910 day bear market and somethings got to give soon.
XRPUSD broke its falling wedge pattern and has been doing this consolidation above its top trend line .
We should see 50 cents by Q4 2020.
BTCUSD seems to have a clearer picture when put on big time frames such a 1 month.
The most important and last level BTCUSD needs to break is $10.500 AND HOLD IT.
We will see over 20k real soon!
Charts do not lie (:
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