Long term hold. The virus crisis will pass and people will still need to fly after.
Once the dark cloud of the virus passes, we should start to see this trending up quite a bit.
Hi everyone, Welcome to another update on Bitcoin. All details are clear in the chart. Feel free to comment or ask questions. Cheers, Leb Crypto
Hi everyone, The 2 targets in the chart based on an inverse H&S and the 61.8% fib extension of the iH&S. I prefer a conservative price prediction based on TA, rather than waiting for XRP utility to shoot it up to the moon. That will come, just not this year it seems. Cheers, Leb Crypto
Analizing logarithmic scale price in Poloniex and two seemingly important trend lines, one up, one down, I think it is conservative, meaning highly probable that for EOY we will see 1 dolar for XRP
BTC has some potential good short opportunities in the small bounces that really nicely line up with fib retracements from last year (2018), before plummeting down to a much lower region in the next 2 weeks to a month which everyone should be expecting I believe that before EOY BTC could be back making its way towards yearly highs.. With bakkt having succesfully...
When in doubt, zoom out. I changed the chart to the 1W view and started wondering... What if we just completed Elliott Wave 2? Elliot wave 3 is the largest of the 5 waves so we could be in for a wild ride. $1,000 EOY is an awesome meme (I wouldn't be mad if it happened) but it appears that $10-$11 EOY is definitely in play. This would put the price somewhere...
Everyone and their grandma's are HOOKED right now screaming for 10k 11k 12k 14k ATH. Test of various previous lower levels inevitable. Short and go to sleep. Consider Buying at ~5400
So where next for XRP? Who wants to guess where we will be by the end of this year? answers on a postcard. My guess is back between .50-.60 somewhere.
For almost 6 months Cardano has been losing its’ value to the Bitcoin. Since may price dropped by nearly 77%, while ADA/BTC moved from 4200, down to 900 satoshis. At that level, ADA found the support at 327.2% Fibonacci retracement level, applied to corrective wave up after the uptrend trendline breakout. The support has been rejected cleanly; in fact, ADA just...
Since xrp's all time high, the price has been retracing ever since. The percentage drop and the timeframe it took to drop is labelled on the chart. The question is are we still in a bear market or have we reached the bottom?... hmmm If we ARE still bearish then the previous patterns of the plumit of price in the past should be a good indication of where...
Zooming out is the best strategy to look at long term trends. It looks like ~8400 was the top of our third fractal pattern. Is it possible bitcoin is forming one massive bull flag? Or will ~5800 break? Either way, it looks like ~5800 is still in play... Just an thought. Share your ideas below!
Hello everyone! Here is a crazy idea. Here I present a logarithmic chart of Etherum ( ETHUSD 0.65% ) with a 2-year parallel growth channel. This potentially suggests that by the end of the year we could see the price of ETH being between $5,000 and $60,000 USD. I am personally confident that the price will be nearly $5,000 and this chart supports that...
ETH broke out of all my previous predicted channels and trends in the past few days, putting 700 USD in its sights in the near future. My previous prediction of ETH/USD at 660 USD by EOY has already been broken. Making new parallel channel trends, I predict a price for ETH/USD at the End Of the Year (EOY) to be: Optimistic high: 1000 USD Optimistic narrow range:...