BTCUSD seems to have a clearer picture when put on big time frames such a 1 month. The most important and last level BTCUSD needs to break is $10.500 AND HOLD IT. We will see over 20k real soon! Charts do not lie (: Thanks! Like and Comment!
The Fibonacci lines up perfectly to 2008. There are no such thing as coincidences. We are approaching hard resistance area at .702 retracement. Be prepared for an incoming -50% drop. Void if breaks .786 retracement zone. Comment and Like!
XRPUSD is in a bullish ascending triangle. The RSI is a great place for an upward breakout. This pattern is void is bottom trend line breaks. "How to buy XRP" search term has skyrocketed to a YTD ATH. Please Comment and Like
BTCUSD has broken a previous trend line it has held for 5 years which allowed the -50% sharp drop. That trend line is shown here- If we don't see a bounce off this line we can easily see 1k levels. Comment and Like
The dow has gotten shattered along with almost every other asset. This isn't surprising. Oil is also nearing a long term bottom trend line along with Bitcoin. With the Fed pumping 1T DAILY, I expect a short term bounce. Comment and Like
Rising wedge has formed on BAC. The same pattern it had formed from 1996-2008. BAC is testing its bottom trend line. This could get ugly fast. Fed cuts rates the most since 2008 to promote more artificial economic growth. It definitely helps the fact people are scared of a virus. This was just the pin that popped the bubble. They will blame it on the virus if...
BTCUSD has confirmed each level on its staircase to 10k. The old man forgot to confirm its $9400 S/R... The day after a golden cross we get a large sell-off. Not surprising. The same thing happened last year on BTCUSD way to 14k. Check out my related idea for the TA on why bitcoin still has bullish signs. Comment And Like!
BTCUSD looks to have hit its bottom trend line in its current uptrend channel. Today we are printing a GOLDEN CROSS. This has only been shown two other times on the chart. Once back in 2015 at around 300$, 2 years after, BTCUSD hit $20,000. This also occurred last year around $5,800, months after, BTCUSD hit $14,000. With this occurring at $10,000, the highest...
As shown in the charts, XRP and BTC seem to have similar bear market patterns. BTCUSD bottomed on December 17th, 2018. XRPUSD did not. XRPUSD hit Its probable bottom on December 16th, 2019. Approximately 1 year after Bitcoin did. With the use of Fibonacci, it can show us most probably targets around the golden ratio of .618- .702 retracement levels. Trend...
XRPUSD has shattered just about every TA prediction for many of us the last year. As shown in the chart, we are developing a clear breakout of this 2-year falling wedge pattern. More specifically the top trend line that we have respected and been rejected 3 times since January 2018. No matter if we want to believe it or not, XRP and Ripple are making more...
The charts speak for themselves. Parabolic curves are found on linear scales. These look like bitcoin on December 17th, 2017. We know happened next. What goes up must come down. Either the top of these markets are beginning to form or we will have some massive pushes to finish off this 4000-day bull run. We now have a competitor for this asset class:...
The longest bull run in history seems to be coming to an end. -Fed injecting billions into the overnight repo market -Almost every large bank is scrambling for new payment rails -CBDC (Central Bank Digital Currencies) on the rise heavily thanks to Project Libra -The most liquid stock market now as illiquid as the 2008 crisis -50+ banks are Quantitative...
XRPBTC has deceived many of us for the past months. This is the tightest consolidation found in the past year. The 1D MACD Histogram has been working up to switch to positive momentum. The Stochastic RSI has been coiling on the floor for days now. This looks interesting.
BTCUSD seems to have broken its trend line that it has been holding for more than 3 months. On top of that, I see the beautiful Head & Shoulders. It is a Bearish pattern. RSI looks to be reaching for oversold. BTCUSD has proved many of us wrong so we will see
This market has been fun the past few months. As bitcoin was trading sideways, alts had a very nice run. Shortly thereafter, we saw bitcoin break through its $4,200 resistance. What's interesting is that alt-coins have been moving before bitcoin. This is something new. But as we have seen, alts run when bitcoin is trading sideways. When bitcoin is dropping, we...
XRPUSD has been following the trend of BTCUSD for quite some time now. For about 6 months now to be exact. It has finally broken out of its trend. It is now following XRPBTC's trend. Which is something that has not happened for 3 months. I find this very interesting, mostly because of the fact that XRPBTC has been a falling knife for all of 2019. When analyzing...
BTC has been showing really no signs of weakness at all. The bulls are not backing down. Bitcoin's last 22% move really woke up the entire crypto market. All types of news sites had articles about Bitcoin's move. Those articles woke the general public (who watch or read news) back up to good things about crypto. I believe that was an institutional buy and and now...
BTCUSD has been forming a very structured ascending triangle for the past 4 months on the 1 week chart. This is a very bullish pattern that just happens to be the opposite pattern that pushed us down to 3.1k, a descending triangle. BTCUSD is now testing the 4k resistance area for the fourth time in four months. It seems BTCUSD has 1 week before breakout of this...