Quantitative easing (QE) is a monetary policy whereby a central bank purchases predetermined amounts in order to inject money into the economy to expand economic activity. Recent balance sheet trends - Federal Reserve Board: www.federalreserve.gov It is possible that the rising wedge pattern of BTC/USD is formed due to US inflation. When comparing BTC to gold,...
BTC - GOLD recorded double top between October and November. Pivot for Fibonacci Regression lies between these 2 ATH. In November BTC consolidated horizontal resistance at 0.0673 (BTC - Steady currency) enables horizontal resistance between ATHs (BTC - U.S. Dollar) creates a rising wedge due to dollar inflation BTC broke through 1.0 fibonacci regression...
"The Federal Reserve had 7.17 trillion U.S. dollars of assets on their balance sheet as of June 3, 2020, up from 4.17 trillion U.S. dollars on February 19, 2020." Source: fred.stlouisfed.org From July 2020 until today, USA has been injecting approximately 1 trillion USD every 8.5 months continuously. This becomes evident when comparing BTCUSDT November peak...
This graphical analysis uses: Bitcoin Logarithmic Growth Curves and Zones Triangle Pattern Resistances and Supports (approximately: 30k, 40k, 50k) In 2021, two peaks were recorded: 64k in April and 69k in November. This builds up the wide white resistance line . By applying Bitcoin Logarithmic Growth Curves and Zones, it is possible to see that BTC...
The Federal Reserve had 7.17 trillion U.S. dollars of assets on their balance sheet as of June 3, 2020, up from 4.17 trillion U.S. dollars on February 19, 2020. Source: fred.stlouisfed.org From July 2020 until today, USA has been injecting approximately 1 trillion USD every 8.5 months continuously. This becomes evident when comparing BTCUSDT peaking in November...
Uptrend and 23.61% Fibonacci Log Growth Curves are known on the same line Support defined through previous pivots and Fibonacci Retracement (dotted red) known at 40.5k$ Probably BTC will triangulate between uptrend and downtrend until early February and break into uptrend until resistance of with target at 50% Fibonacci Log Growth Curves, thus reaching again...
Uptrends, downtrends, supports, resistances GXS aiming for next dotted support
If GXS respects the uptrend line (regular and logarithmic), some movement like the one in the above analysis is expected. However, 40% to 65% pullback on shitcoins after sudden growth like this is common.
I would just like to position fibonacci retracement to follow next GXS moves
Recently EGLD broke its downtrend line and used 0.786 fibo support, just as it had done before. An uptrend is being created if TOTAL3 continues to maintain this rhythm.
ACH is currently under yellow support = fibo 1.0 bearish retracement ACH is not yet listed on Binance, among other exchanges
Inverted graph for better visualization of how much more BTC can drop; Use of fibonacci retracement and pivots; Black downtrend line evident; Next supports at 40,8k and 34,2k USD
Only if IDEX does not break the red uptrend and if IDEX exceeds fibonacci 1.0, then the targets of this analysis are validated.
Fibonacci Retracement Channels Resistance and support Good indicator when crossing channel
Close your eyes and just hit the buy button. ANY with 95% discount its original price. Available in QuickSwap.
Elon Musk has not talked about his dog for a long time. 5 days ago, Elon wrote several random things that caused SHIB to rise 40% momentarily. In this way he reinforced the fibonacci support in that region and will force a double bottom pattern. Good chances that Elon Musk will tweet about his dog in the next few days, causing SHIB to grow between 145% (to 1.0...
Apparently Elon Musk managed to find a way to advertise cryptocurrencies without getting into trouble. He recently purchased a Shiba Inu and has posted 2 times on Twitter Floki has arrived: twitter.com Floki Frunkpuppy: twitter.com I imagine Elon Musk will post more tweets from "Floki" in the future and probably with each tweet, SHIB will pump even more. I'm...
REI: The Reborn of GXChain Starts with Native Token Split + Ecosystem Incentive + EVM Compatible The mainnet of GXChain is live in 2017, aiming to create a value network of trusted data. The revolutionary changes of DeFi in 2020 brought unprecedented changes to the blockchain industry, GXChain also decided to follow the historical trend, embrace the changes and...