tonygun72

tonygun72

Bitcoin possible massive breakout! Target around $45,000!!!! Confluence on daily RSI and MACD.

tonygun72

There is a bull pennant pattern forming and both the RSI and MACD are starting to suggest upward movement. Depending on where the breakout happens we could hit between $43,500 - $45,000 sounds like a mad one!!!!

tonygun72

Not really analysis this is based on an Elliot wave count. I will be buying around $27500-$28500 zone. Any drop beneath this level may invalidate Bitcoin going higher.

tonygun72

True Capitulation has not taken place we have only dropped recently about 25% based on previous Capitulation we have an estimated 25-30% more to drop.

tonygun72

As Bitcoin heads toward the 20 week moving average just above $45,000 we may see a possible rejection at that level. This type of move has historically led to a breakdown and possible capitulation to lower weekly MA's. Captulation could lead toward $20,000 area before next major rally above 100k.

tonygun72

If Bitcoin can maintain current trajectory a very strong breakout is possible from above 57500, it may even retest breakout point then fly upward to new all time highs.

tonygun72

XRP has a habit of topping then crazy wicking down to extreme lows. BTC has major bearish divergence if recent price action continues down to crypto hell, expect XRP to implode!

tonygun72

If Bitcoin can hit 60k plus DOT will break out from its triangular pattern at just above $40. A measured move should have DOT hitting $60

tonygun72

If you watch crypto sniper you will recognise this squeezing pattern that can lead to a breakout of 2x or even 3x gains. The neckline at $40 Will break if Bitcoin remains strong.

tonygun72

DOT has been in accumulation the past week as Bitcoin went sideways. The two day chart shows a potential upside move that is better then most Cryptos currently. I'm long DOT until We hit $50. Good luck and happy trading!

tonygun72

Possible breakout to around $63

tonygun72

I will be investing in Bitcoin and some Altcoins once we fall within this Zone.

tonygun72

Currently the 0.786 Fib resides at $5600 area within the same area as the 200 weekly moving average which we broke beneath for the first time in Bitcoins history! If Bitcoin cannot reclaim the $5600 area I foresee great risk to Bitcoin going forward. The two key levels currently to look out for are $4200 and as stated $5600 getting above $5600 we will have a...

tonygun72

Bitcoin has never broken beneath this moving average, Bitcoin has also never faced a looming Global Financial collapse. Is Bitcoin truly Money 2.0? In the early days where anyone could mine Bitcoin at home on their PC Bitcoin appeared to be a democratic decentralised store of value which had solved the Double Spending Byzantine General’s Problem. Now with an...