I can see bulls pushing price higher from my support zone, as you can see i have a support zone marked at 10500 just to show you how well price respects key levels, bears pushed price down into this level before bulls quickly pushed price back up creating this spike (long lower wick)
As governments are pushing for a cashless society i can see cryptos becoming...
Zooming out even further on the weekly copying the open / close of the candles from december 2017 - january 2018 would align with our blue buy zone perfectly for one final 'shake out'.
The -27% fibonacci used previously sits around $0.05 which would be painful but with this pretty much exact copy of price action.
The timing on the last chart / the amount of...
Bitcoin’s $12,000 Resistance Barrier Shows Its Strength
The pioneer cryptocurrency continues attempting to move past the overhead resistance that is defined by the $12,000 level. However, this price hurdle has proven to be quite substantial since it has been able to reject Bitcoin from a further advance each time it gets tested. While it seems that its strength...
XRPs recent rise to $0.30 was a retracement to the 78.6 on a weekly fib, I hope we can see $0.20 - $0.18 one more time for another or maybe one last buying opportunity.
Daily / Weekly fibonacci from wave 2 to 3, the retracements 61.8 & 78.6 also align with a trendline tap and a 4th elliot wave.
Please see weekly chart for another view of this...
I couldn't help but notice a nice potential 1/2 on the higher time frame. This makes all the sense in the world if we are heading into the next bull market for crypto, which i do believe we are.
Currently it looks like we are working on wave 1 of the 3rd so i would be expecting a pullback any time now to between the .50 and .618 fib of the wave 1 of 3.
Looks like XRP is in the process of of putting in a 3rd wave.
I'll be keeping an eye on this and update when I think the 3rd is done.
I'm going to start adding some addresses for donations to my ideas from now on,
so if you feel like throwing a few penny's my way they will be much appreciated :)
I had a look on a famous online auction site and you can actually buy 2nd hand toilet seats, i know there are some special people about but this just proves the world is f@cked lol.
I am expecting price to push up from the level i have pointed out on the chart, this been the 3rd TL touch lined up with strong support, i wont be buying until price hits this level...
Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago.
This is a huge development and opens the door for additional bullish action.
We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out...
This is true in the monthly timeframe as well.
Ripple (XRPUSD) did great and grew a lot in just a few days... We had a great chart out about this move.
Now, things changed and prices are retracing... It is time for the smaller capped altcoins to grow.
Here we have XRPUSD showing a lower high after a peak and prices breaking below EMA10.
We will see lower prices and here I've marked the next support.
The count I have for XLM has us already done with the wave one and potentially working on the 1/2 of the A.
Its always possible that I have miss read the subdivision of the final 5 and we get another move up but we are close to a top here ether way.
I recommend if you go short here to use a stop above the high. its better to take a small loss and re-enter, than...
My current count has us working on a triangle for the 4th wave. Triangles commonly occur before the final 5 wave move of that degree, so as long as we don't brake down here we can expect one more push higher.
this also suggests that a very decent short opportunity is coming soon but we will cross that bridge when (and if) we get there.
Your "FOREX GURU" cant really trade at all, all they are out for is your money, they steal signals from other gurus that cant trade! So sh@t traders are getting signals from other sh@t traders then packaging them up and selling them to you at a premium price HAHAHA the world is f@cked!!!
If you want to learn how to trade properly then send me a message and i will...
Start by hitting LIKE now and let's do an analysis of the EMA50 indicator on the daily timeframe for Bitcoin (BTCUSD).
Back in April 2020, we predicted a "price jump" for Bitcoin based on the fact that EMA50, which was working as resistance at the time, continued to be challenged over and over.
When a resistance level is constantly challenged, it makes it...
. There is a possibility of temporary retracement to suggested support line (0.00731). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. DASHBTC is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
. TRON/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. There is still a possibility of temporary retracement to suggested support zone (0.034 to 0.030). if so, traders can set orders based on Price...
Following the last chart this is a weekly perspective of the ideal pull back to / around $0.20 one last time before a fifth elliot wave.
We have 2 weekly trendlines in place and a major support level used in the prior bull run in dec 2017.
The support gives some validity to the bullish trendline where we had 3 weekly candles form at the end of june which is also...