Given the recent price action, thought will look at the bigger trend - created my own set of trendlines rather following a pitchfork. Few observations: 1. Price action is getting less and less parabolic - which actually is a good thing. 2. Recent price action was stopped at of 'one' of the longer term trendline. 3. In 2019, we did establish another trendline,...
Hello all! Today I am posting my first TradingView analysis and of course it will be for one of my favorites, XRP! I am a huge believer in XRP and feel as though it is a good investment long term. HOWEVER! I am a trader as well and do not believe in buying into something just because of it's fundamental value, especially if the price does not correlate. That...
Pressuer of 18 M and 54 M cycles may drag the price down.
20-25 days trade alts and then back on btc. Let's see :) GL & HF
Possible down wave fractal on this pair. Enjoy. <><
Let's assume 8950 was the top, or very close to it. Just to be prepared in the eventuality people that shorted at 8800 ish are not going to get liqudiated. Never know... Want to have a look at BitconnectCoin previous bubbles or in other words months of June & December. 1- June 2011 2- December 2013 3- June 2014 4- December 2017 5- December 2018 6-...
Assuming we do reverse here at the 61.8% retracement of the drop from $20k, I believe we can go lower than $3.2k. This current trend is not acting like a typical bull market at all, for this reason I believe we are in a B Wave bear market rally that can actually go to $20k assuming the price continues to go higher. I will be following this idea and updating when...
The chart says it all. Continuously watching DJT and RTY for economic indicators pointing towards overall slowdown. Both -Nas and SP500- made new ATH's, while the latter RTY and DJT (DowJonesTranspo) lagged and were unable to re-capture ATH's. -------RTY and DJT appear to be spilling over. ------ Watch the levels, trade accordingly and most importantly. We are...
When price makes lower lows but MACD line makes higher lows this is the divergence I am referring to (as circled in orange). This has only happened 3 times before and each time a massive rally has followed in the ETH/BTC ratio. Based on past moves, the rally could return between 400% and 2200% (from early Sept. lows) in as little as 55-166 days. I believe the...
Invest at your own risk... this is not financial advice! Invest at your own risk... this is not financial advice! Invest at your own risk... this is not financial advice! Let's have a little fun here, I'm personally all in cash ATM. I would love to see EOS at Sub. $1 ... that's kind of hard to believe being on how strong the project is fundamentally but markets...
Weekly Market structure: looking for a higher low, now at weekly support. -expecting retest of $8,744 before further downside -possibility of claiming $8,744 for a $1,000 move to $9,700? fair. expecting macro bearishness in terms of a weekly lower high expecting a lower low to follow and confirm bearish market structure for a revisit of $7,000 - 6,700 in the...
i postulate that the $GRIN token has found its seasonal bottom worth a buy with money you can afford to lose for a HODL
A clear chart to clear your mind from manipulated up & downs and see what is really btc doing for all her life! Every one is talking about september effect, october pump and some talking about bakkt, etc. Are we really going to see the october bullrun? Im not saying it can not, but wat if it didn't? look at the chart and think a little more... October comes and...
(See my old idea with the other alternative channel option as well) As much as I'd like to see Digibyte bounce here and slowly climb along the edge of the top parallel channel, I'm just not seeing the volume that warrants a lift. What I have learned is that what we want to see is less likely to happen than what we actually end up seeing happen. BTC is still...