Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going. However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes. It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak. Power consumption costs are higher...
As we head into December, We can see that the major drops I had predicted since November 14th has occured. Bitcoin is currently fighting to stay above the major Support line that developed back in march of this year 2019 when Bitcoin had the golden cross and rallied to 13k zone. This support line is set to break as we are no where near the end of our...
BTC current bear market might end by May 2020 at around 4800 USD mark! And the next wave up to to 10k.
Major Support at $8,300 If Major Support breaks, Second Major Support at $7,800
Self Explanatory, Inverse Head And Shoulders on the Daily Chart. Not saying We're going up anytime soon. But I will say don't miss out on the halvening.
What we are all hoping for, This is my own personal expectation and prediction after the May 2020 Halving $90,000 October 13th 2020 KingMida$423 11/15/19 11:25pm EST
Share your opinions, and don't forget to like and follow. ABCD triangle on Coinbase:BTCUSD weekly chart first and second retest occurred within 105 days of each other, if history repeats itself Bitcoin appears to be 70 days away from a further decline to $7800 However, Coinbase:BTCUSD could make a break to the upside testing HUGE Resistance at $9,500
Entry : 8805. Stop : 8570.5. Target : As high as it'll go. Bitcoin has struggled to make meaningful reversals this year after hitting 14KUSD a coin, shown in the slow bleed-out and breakdowns. I believe after finding a potential bottom at 7.3k, that we need this to hold in order for bitcoin to be bullish into 2020 and beyond. The new decade arrives in two...
We're getting very close to breaking out of the trend line going back twenty years to the 99` bubble. There have been multiple attempts over the last 2-3 years. Trump/ Fed keep lowering rates and want to continue the "expansion". I assume they will be successful and we'll have accelerated growth until 2020 Presidential elections. I expect 3600-4000 SPX before a...
We've crushed several major resistance levels and continue to trend upward. Q3 Results are indicative of a fulfilling winter season for the stock. Look toward the sky.
Simple and to the point. 1.Currently we are sitting within the $8000 range 2. 20 day moving average of $8120 is acting as strong resistance 3. Bearish sentiment has set in on the MACD and RSI 4. As of right now Next level of support is looking to be $7850 5. Failure to hold $7850 could see a further decline to the 50 day moving average of $5700 6. Possibly within...
From using this curved model chart starting from 2011 and the fact not too many people are giving up on the bull market yet even after the rest drop, it seems like Bitcoin may actually continue to drop & move sideways until we touch the bottom curved line around EOY 2019. I think it's safe to assume $6.2k-$7.0k is not out of the picture, though I wouldn't be too...
FedEx(FDX) : Series on Equities (Extension to XLI post)- Sept 22nd (5 Minute Read) Since I do not post much about individual equities (maybe this will change in the future) , I will keep this post short and mostly technical . Nevertheless, some extremely significant fundamentals will be analysed . The purpose of this post is to analyse FedEx's performance...
The daily bars of the 2018 descending triangle are starting to match the current 2019 descending triangle. If the bearish breakdown also repeats itself in the same way, then this would be the outcome, continuing on from where the charts fit together. Notice how a similar bearish breakdown would take us to the 200 Week MA, given its current trajectory. This would...