So it looks bitcoin topped out for now at $19,450. This was a likely event given the run up speed and parabolic movement.
Where is the next stop? Well it's hard say precisely, but the two main areas of interest I'm looking at are $13,900 and $12,200. Both are exactly at points based on a fibonacci retracement from the $5k bottom (in 2019 after the 1k March candle...
Looks like the swing low on top of previous high with rvi bullish cross, target previous new high and higher, join my discord at discord.gg/Upu9yysMdz for free trading analysis in a newly created community of 31 traders
BITCOIN after that dramtic fall is a good buy, on 1h chart target 18.5k plus, join my discord for free trading analysis and a community of 30 guys here all helping eachother and sharing ideas. join this link - discord.gg/Upu9yysMdz
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .
. There is a possibility of temporary retracement to suggested support line (0.00002655). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. VeChain/Ethereum VETETH is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as...
. There is a possibility of temporary retracement to suggested support line (440.05). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ETHUSDT 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 support....
ETH is testing a critical resistance right now at $500. Historically this has been a difficult ceiling to break through but will it be 4th time lucky?
The next set of resistances to watch out for over the weekly timeframe if bulls are successful at the retest:
(1) $592 - the 0.382 Fibonacci level
(2) $625-$660 area - Next major resistance zone (red bar).
XRP Looks very bullish, having pulled back to the ema 89 and making an rvi bullish cross you can look to go long and target a higher high. feel free to join my discord forex and crypto community with 37 active members just join this link -- discord.gg/Upu9yysMdz
XRP is squeezing and making rvi bullish cross which usually ends in bullish continuation look to buy and sell on the 30m timeframe as a scalp for potentially 10 to 20 percent gains. feel free to join my new discord currently with 27 members, a nice community join this link discord.gg/SKNP6TKB7c
$ETH lost momentum & broke down from the rising wedge as shown on the chart, my ETH plan is shown with the green arrows & I fully expect to test the $800 region sooner rather than later, will be watching for RSI bullish divergences on 1HR/4H timeframes to re-enter ETH.