Normal chart Xrp / Usd, that invalidates any pessimistic tendency. The normal chart and the inverted "can't" have the same nature as it opposit.
If you liked, hit the like button and share the idea!
An ascending channel has formed with a lower long-term parallel trend line being touched, Fibonacci trend lines touch up with multiple major support and resistance levels. If projected properly, price may see ATH July next year with a rally start in the coming months.
Head and Shoulders forming on the 1H after bitcoin got stopped at the 10450 level which is the 0.786 fibo taken from 10604 high to 9880 low( range we were downdtrending for the past few days as seen on the chart )
That will bring us back on the upper side of the descending wedge formation we broke out to the upside yesterday - green curved line
We witnessed a bullish move on XRP last week a day after i published my last post where i predicted price would rocket from the 0.4250 region to the next major resistance level, to which it did indeed rocket up to 0.5100, just shy of the resistance level at around 0.5200. I also mentioned in the previous post that we could see price retest the trendline first...
XRP has already broken out of its daily/weekly triangle pattern and had a golden cross, signalling the beginning of the next parabolic run. Since the golden cross weve just been ranging forming this perfect triangle, the emas are all squeezed together, which is just screaming BUY. Lets see how it plays out.
Monthly - we can see this mass deceleration to the downside, which in last month we finally closed as a doji - perhaps this month or next will be the beginning of the bull run???
S&P is approaching a very very very responsive and critical resistance zone, worries about a market crash linger more and more each week, and we actually close as a doji weekly candle...
This is a short take on Silver which looks like it is about to break north through a zone of resistance. I'm waiting for a a better signal but I'm getting prepared. There could be a serious bull run on this, as everybody will be watching for the same break.
On the 6th of each month Bitcoin clearly strongly reacting and starting new trend.
In my personal opinion we just started a BULLRUN.
Time will tell but I am very bullish on it.
Stay focus and pay attention to load your bags guys.
Best case scenario is 4.8k, expected direction 3.3k, bearish scenario 3 digits. ETA either summer or multiple year(s).
BTC vs USD Index (still in a bubble)
Artificial pumps on margin won't cut it, roughly +~100 real btc from joe fomo and traders won't push it to 12k.
So, the kingly discipline in bitcoin, aside from estimating WHEN a rally might start, is of course predicting the top of the rally.
I should add that I think it is utterly improbably to predict anything at all with a high certainty in bitcoin, since bitcoin is so young and we don't have enough data. But I'll try anyway :)
I looked at the previous rallies and...