Possible alt-coin rally starting autumn 2019 with ATH from mid 2020 to 2021.
Widening divergence indicates increasing momentum behind XRP. Historically, the gap between the two closed as XRP always went up to match BTC's value during a rally. Take a look at the March 2016 and 2017/2018 rallies, within 21 days of the bitcoin rally, XRP went up to match it's value perfectly. If this pattern repeats, this means we can take advantage of an...
Say what you want about Bitcoin. Eth has been on a steady upward trend, so has BCH. XRP not as much; but Bitcoin is over 4k. People including myself have made arguments involving use cases ; i argue now that the current purpose of crypto is to MAKE MONEY. 2018 was riddled with hype and misery in this sector... It is now January 2019, and capital gains are long...
But on the Stop hunt. This will be very volatile so do your risk management accordingly. Watch for Brexit Headlines.
Hey tradomaniacs, it seems like we could see a very nice chance to trade the years-end-rally. S&P500 shows a S/H/S-inverse pattern and could head the market up to 3.000 after a break through the neckline! Fundamentals do look good, especially since Hardliners got "wrecked" by the white house. Peter Navarro is told to take a big step back and stay out of the...
Hello guys After BIG rally, then retracement, BTCUSD seems is having a bounce back to continue the Rally.. Let's try to catch this movement. Price is Currently bouncing back up from 20 EMA AND 100 EMA, and if it makes a new previous day high, it can easily reach 10K level (our T1) and we can be pretty confident that if this pyshological level is broken, many...
Hello Guys ETHUSD had a rally in the previous days then had a normal retracement. Current price action is showing an bounce up from the 100EMA adn 200EMA (Extremely Important levels) which is giving us a nice entry. I really like the pattern formed with the retracement. If ETHUSD can reach our entry level then is a trade for us. This new rally that could start...
Looking at the BIG PICTURE we have been making slow and steady growth. While i still do believe we may still go down under 6k eventually, the slow growth indicates we won't be experiencing any sudden falls anytime soon. If BTC manages to go below 9200, it is unlikely to go below 9000 and even less likely to go under 8700. Similar sideways action in the past has...
Finally, we got the pullback we've been waiting for: the first true test of the bull's strength after the massive rally we just saw from 6.5-9.7k. The results are in: on the 1D we barely dipped before seeing a consolidation and pump back up through 9k, which is currently holding very well. We can see that the retracement was halted and bought up at a key support...
With all indicators in the BTCUSD one day chart showing we are primed for a rally anywhere up to between 8000 and 11000USD, the key question is when this will actually begin. Many have prophesied that Bitcoin will go down to 6000USD before the impending upturn, but there is strong resistance to be found at 6400USD which we have tried to pass four times over the...
The last time Bitcoin's RSI fell below the critical 30 level was 5th Feb, when the Stochastic RSI also indicated selling momentum was exhausted. That event immediately proceeded a rally taking BTCUSD from 7000USD to 11000USD in just 12 days. The BTCUSD RSI, Stochastic RSI and candlesticks are all lining up to replicate that event almost exactly. Expect a further...
interesting range pattern forming. Is the euro preparing for another rally?
SQ's Eiffel Tower formation saw its price go screaming towards the stars, but retraced just as quickly, after the company teased the ability to buy cryptocurrency. Nevertheless, Square still has great upside, especially for a long term hold.
here is an entry on gold for a long pos.. target 13250. then more to the upside if she breaks this level cleanly
BITFINEX:XRPUSD If nothing happens, expect Ripple to reach at least $2,90 @ Bitfinex. There will be some sort of rally to reach this price. If Ripple gets added to Coinbase, expect it to reach at least $3,98. Tools utilized: Fibonacci and trendline analysis (the upper line and the bottom line are about to meet each other).
From current analysis, it looks like we are in the 5th wave of this rally but not quite done yet. Comparing the previous rally from August to September... the levels of the wave 1 and wave 3 are similar to the current rally. Trying to estimate the end of the 5th wave, I looked for the level reached in the last rally which was just above the 4.76... RSI levels...
On September 14 I called for the completion of the B-wave triangle. All it would take was a break above 49.42, this resistance was broken on the very same day. This confirms that wave C higher towards 67.27 now is developing. In addition to the complete B-wave triangle. A inverse S/H/S bottom can be seen, This formation calls for a calculated rally to 58.89.
After the 2 uptrend full cycles of Elliott Waves ended, a liltle correction occured, but it seems to build another uptrend support line around 0.38 fibo. indicated by the RSI near 30. Good rally opportunity when RSI reachs 70+ again.