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!
Daily close below green horizontal support (2800 sats) is the first major negative sign for XRP.
As long as we’re above the green horizontal support area around 2400 sats, we’re good.
Closing below that would be very bad for everyone who’s holding XRP.
That could easily lead us to the new lows which would automatically make a recent move up nothing more than an exit pump fuelled up by airdrop news.
As long as we’re above the green horizontal support area around 2400 sats, we’re good.
Closing below that would be very bad for everyone who’s holding XRP.
That could easily lead us to the new lows which would automatically make a recent move up nothing more than an exit pump fuelled up by airdrop news.
This is neither a bullish nor bearish sign.
Why people overreact about this?
People move their coins, it has nothing to do with the price change.
Nobody lost their coins, people are still in charge of their coins but they’re just changing their place of holding.
Media sites have nothing interesting to write about so they make unnecessary confusion in the markets.
Why people overreact about this?
People move their coins, it has nothing to do with the price change.
Nobody lost their coins, people are still in charge of their coins but they’re just changing their place of holding.
Media sites have nothing interesting to write about so they make unnecessary confusion in the markets.
Before calling new ATH, firstly let’s see price closing above the highest weekly close.
If that happens to be today, it would automatically mean we have also the highest weekly close in history which adds up to the importance of today’s daily close.
Can we see the new ATH tomorrow?
Of course, we can especially of we see the highest weekly close in the month where we already have the highest monthly close.
But we also have a scenario where this will be triple top or head & shoulders (call it however you want).
It looks good for bulls but without confirmation, this can be the last move up before deeper correction towards the $15k area.
After today’s daily close we can get a way more clear picture of where we are going.
If that happens to be today, it would automatically mean we have also the highest weekly close in history which adds up to the importance of today’s daily close.
Can we see the new ATH tomorrow?
Of course, we can especially of we see the highest weekly close in the month where we already have the highest monthly close.
But we also have a scenario where this will be triple top or head & shoulders (call it however you want).
It looks good for bulls but without confirmation, this can be the last move up before deeper correction towards the $15k area.
After today’s daily close we can get a way more clear picture of where we are going.
It’s not over for bulls but this is testing the last support.
Yeah there’s the one below that caused the recent bounce but you don’t want to see XRP testing that area anytime soon because it would mean total disaster for this coin.
As I said, it’s not over for the bullish scenario but this is retracing too much making me worried that the move up we saw was nothing more but an exit pump.
Yeah there’s the one below that caused the recent bounce but you don’t want to see XRP testing that area anytime soon because it would mean total disaster for this coin.
As I said, it’s not over for the bullish scenario but this is retracing too much making me worried that the move up we saw was nothing more but an exit pump.
Bitcoin is currently in price discovery mode.
It’s at the highest price in history so predicting some targets is extremely hard.
We can go with round numbers calling 25k next target, then 30k but that’s it!
Enjoy the ride!
If you ever bought Bitcoin and didn’t sell, you’re in profit!
Be proud of yourself!
And I'm also proud because I can say that I called this scenario 2-3 weeks ago.
It’s at the highest price in history so predicting some targets is extremely hard.
We can go with round numbers calling 25k next target, then 30k but that’s it!
Enjoy the ride!
If you ever bought Bitcoin and didn’t sell, you’re in profit!
Be proud of yourself!
And I'm also proud because I can say that I called this scenario 2-3 weeks ago.
Forwarded from Crypto Signals
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!
Forwarded from Crypto Signals
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!
If you’re here as an investor, don’t buy Bitcoin now!
It will go through correction time but once it does, make sure to buy it then, don’t be in fear of some random news that will be in the mainstream to fuel sell-off.
They create fear not to destroy Bitcoin but to shake out the weak hands and buy more Bitcoin for themselves!
Keep that in mind!
It will go through correction time but once it does, make sure to buy it then, don’t be in fear of some random news that will be in the mainstream to fuel sell-off.
They create fear not to destroy Bitcoin but to shake out the weak hands and buy more Bitcoin for themselves!
Keep that in mind!