I think nobody expects something like this but technically looking, this seems very likely to happen.
If this doesn’t mean a new all-time high for Bitcoin, I would be even more convinced.
But because there’s a huge mental barrier because of 20k, I am a little bit conservative but this still looks like a possible scenario.
Let’s see what the first week of December brings!
If this doesn’t mean a new all-time high for Bitcoin, I would be even more convinced.
But because there’s a huge mental barrier because of 20k, I am a little bit conservative but this still looks like a possible scenario.
Let’s see what the first week of December brings!
Most people wait for the world to go back to normal!
It’s not happening guys!
We’re never going back to normal. We are just in the process of big changes that will happen to the world in the near future.
We either going to see a huge revolution in the world (some kind of World War III) that would set us back 20-30 years in the past or we’re going to live in a world where everything will be digital and controlled with the fingerprint.
There’s no going back to normal.
I’m not happy at all but I want to warn all of you what’s coming. In this situation, people will lose faith in politicians, government, fiat money!
They will be staking something they think have more value than fiat money. It could be Gold, Silver, etc…
Some people will choose Bitcoin and I see huge FOMO in 2021.
I went through an entire bull cycle in 2017 and I was also part of the crypto community back in 2016.
What is happening now is nowhere close to what we saw then and we’re almost at the all-time high.
It’s not happening guys!
We’re never going back to normal. We are just in the process of big changes that will happen to the world in the near future.
We either going to see a huge revolution in the world (some kind of World War III) that would set us back 20-30 years in the past or we’re going to live in a world where everything will be digital and controlled with the fingerprint.
There’s no going back to normal.
I’m not happy at all but I want to warn all of you what’s coming. In this situation, people will lose faith in politicians, government, fiat money!
They will be staking something they think have more value than fiat money. It could be Gold, Silver, etc…
Some people will choose Bitcoin and I see huge FOMO in 2021.
I went through an entire bull cycle in 2017 and I was also part of the crypto community back in 2016.
What is happening now is nowhere close to what we saw then and we’re almost at the all-time high.
We’re 12h from the highest monthly close in Bitcoin history!
I’m conservative when it comes to calling certain prices, but this time I see 25-30k coming in December!
Combining market sentiment where people are far away from experiencing extreme FOMO, monthly and weekly timeframes, the fact that this is the second green monthly candlestick in a row so we can easily see third or fourth.
These things may sound too basic for you, but who told you that technical analysis has to be complicated?
Those who don’t know how to interpret the market signs and then cover their charts with random tools just to look smart?
December is going to be lit!
I’m conservative when it comes to calling certain prices, but this time I see 25-30k coming in December!
Combining market sentiment where people are far away from experiencing extreme FOMO, monthly and weekly timeframes, the fact that this is the second green monthly candlestick in a row so we can easily see third or fourth.
These things may sound too basic for you, but who told you that technical analysis has to be complicated?
Those who don’t know how to interpret the market signs and then cover their charts with random tools just to look smart?
December is going to be lit!
I got asked a lot, “Can you analyse Bitcoin dominance?”
I know why people ask this question!
They want to see when altcoins are going to the moon but did you know that there are charts that can’t be analysed?
You can analyse charts where buyers/sellers can directly cause the change in the chart itself.
You can’t analyse birth rate in your country, covid19 cases, …. Bitcoin dominance!
It’s hard to explain the exact reason, I would have to use a lot of terms that most of you wouldn’t understand.
I like to keep this channel more like a normal conversation between you and me so everyone can understand.
But realise that you can’t get any benefit from analysing certain charts. You can’t predict covid19 peak using a chart! You can predict using other insights and tools!
The same worth of Bitcoin dominance!
Back in 2015, we had few altcoins, now we have thousands! That’s not the same chart, not the same market.
Altcoins won’t move together!
If you’re desperate for an altcoin run, look for certain projects, don’t altcoins as a whole!
And most importantly, detach yourself from altcoins that will die sooner or later!
Maybe you’re left with $500 and your investment was $10 000 but if you keep hoping, praying, eventually those $500 will turn into 0.
That’s reality!
I know why people ask this question!
They want to see when altcoins are going to the moon but did you know that there are charts that can’t be analysed?
You can analyse charts where buyers/sellers can directly cause the change in the chart itself.
You can’t analyse birth rate in your country, covid19 cases, …. Bitcoin dominance!
It’s hard to explain the exact reason, I would have to use a lot of terms that most of you wouldn’t understand.
I like to keep this channel more like a normal conversation between you and me so everyone can understand.
But realise that you can’t get any benefit from analysing certain charts. You can’t predict covid19 peak using a chart! You can predict using other insights and tools!
The same worth of Bitcoin dominance!
Back in 2015, we had few altcoins, now we have thousands! That’s not the same chart, not the same market.
Altcoins won’t move together!
If you’re desperate for an altcoin run, look for certain projects, don’t altcoins as a whole!
And most importantly, detach yourself from altcoins that will die sooner or later!
Maybe you’re left with $500 and your investment was $10 000 but if you keep hoping, praying, eventually those $500 will turn into 0.
That’s reality!
Crypto Signals
For the first time, someone will try to turn 0.1 BTC into 1 Bitcoin and share all the trades so others can copy and try to do the same. Using all my experience and the knowledge I gained in the 5 years of being a cryptocurrency trader, I’ll do my best to…
8h until the end of our Black Friday deal!
Hurry Up!
Hurry Up!
Litecoin Update
On this chart, we can see an obvious falling wedge pattern.
This is a potentially bullish sign but please keep in mind that this is a daily timeframe. It took almost the entire 2020 for this to be built so don’t expect the price to skyrocket in a day!
This requires time and patience.
Not an ideal setup because stop loss is quite far but we’ll be looking for a better entry once we get confirmation so that stop loss can be tighter as well.
On this chart, we can see an obvious falling wedge pattern.
This is a potentially bullish sign but please keep in mind that this is a daily timeframe. It took almost the entire 2020 for this to be built so don’t expect the price to skyrocket in a day!
This requires time and patience.
Not an ideal setup because stop loss is quite far but we’ll be looking for a better entry once we get confirmation so that stop loss can be tighter as well.
Crypto Signals
XRB/BTC trading pair is bouncing from the area it had to. If we saw a move below this area, it would be very bad for XRP holders. But, we’re still far away from a bullish trend. If you look from a higher perspective, this is still nothing compared to…
XRP did exactly what I said it had to do!
Did anyone believe this could happen?
I don’t think so but from a technical perspective, this is the only scenario that would make this coin looks solid and potentially bullish.
Is this an exit pump?
Could be but we already have an invalidation level.
The pullback is for buying as long as the 2500 sats support area is holding.
If we start getting daily and weekly consecutive closes below, this can go literally straight to zero.
Long story short, looking way better than it did 2 weeks ago!
Did anyone believe this could happen?
I don’t think so but from a technical perspective, this is the only scenario that would make this coin looks solid and potentially bullish.
Is this an exit pump?
Could be but we already have an invalidation level.
The pullback is for buying as long as the 2500 sats support area is holding.
If we start getting daily and weekly consecutive closes below, this can go literally straight to zero.
Long story short, looking way better than it did 2 weeks ago!
Crypto Signals
Litecoin Update On this chart, we can see an obvious falling wedge pattern. This is a potentially bullish sign but please keep in mind that this is a daily timeframe. It took almost the entire 2020 for this to be built so don’t expect the price to skyrocket…
LTC/BTC failed breakout!
Could be close to bottoming and that the real breakout is coming soon.
That’s why our eyes are on this coin!
Could be close to bottoming and that the real breakout is coming soon.
That’s why our eyes are on this coin!