ETH did break out but not so violently

Only 2% gain (which is decent if using 10x leverage)

Now testing the critical Moving Average for this setup

The picture doesn’t look so good already. Breaking below this MA is bearish 🐻

​What is the floor price for Bitcoin right now?

Let’s use NVT price for identifying a fundamental floor price of Bitcoin

[ NVT is the price-earnings ratio for Bitcoin. It just looks for how much volume is going through the blockchain ]

You see the blue line - this is the NVT price. You can consider it an organic price of Bitcoin and it’s very hard to go below it, because below this price spot investors will continue to buy

We did get that slice right through the NVT price on COVID-19 crash in March (that was a derivatives driven, not a lot of coins moved on-chain at that moment)

📌 According to NVT Price the lowest bound that BTC can ever come back down to is 11.5k as of right now (anything below is a buy if we even get a chance)

But keep in mind that it’s trending up and in a month the floor will be around 13k

YFI analysis

Here’s what I’m seeing:

Giant iHead & Shoulders pattern is almost completed

Coincidentally a bunch of resistances come together in one place (at the neckline of right shoulder) right when the big move is mostly expected

Needs to break the Resistance Cluster to rally hard 🚀

There we go!

ETH took a nosedive after the support breakdown as I expected 📉

I hope my analysis helped you to make a right decision and gain some profit

ETH update

Important Moving Average for ETH gets regained and it’s a pretty good sign 🐂

The next bullish confirmation would be breaking above $470 horizontal resistance, and that’s it - $500 ETH price there we go! (and likely beyond)

ETH is breaking out 👀

Congratulations to those who followed my analysis!

🎯 BTC reached the target of this Ascending Triangle and even goes above 17k

All-Time High is in danger

Here it is!

🚀 ETH reached $485

And it’s just a warm-up

So, ETH rallied and almost reached my upside target of $500 (just came $3 shy) 🎯

I hope my analysis helped you to make some profit!

Bitcoin is currently 9% away from its All-Time High!

Yesterday was the 5th highest daily close Ever 🚀

Keeping an eye on this steep rising channel 👀

🚀 YFI broke out to the upside according to my projection!

Profit 28% and we are only halfway through

Every time it seams impossible for BTC to post a new yearly high, but somehow we keep pumping

Technically speaking, we should look for more upside

Now BTC is printing a nice looking Ascending Triangle with the ultimate target of 19.5k! 🎯

📍The uptrend still intact and don’t forget that ‘Trend is Your Friend’ until proven otherwise

However, the only point of concern is the Funding being relatively high which implies a shakeout to the downside. If it happens, watch if EMA21 holds or not

For now this looks bullish 🐂

BTC broke out to the upside as expected! 🚀

New All-Time High coming? 🤔

XRP looks very promising here

Horizontal resistance has been tested for so many times..

Breakout soon 🚀

There we go🚀

XRP broke out and now giving us quick 17% profit!

Update

🎯 Target (2.618 Fib) reached! Profit 62% without leverage!

P.S. Next Fib extension level (3.618) is at 24k 👀

🚀 XRP almost hit my ultimate breakout target!

Profit 55%

LTC/BTC looks very promising

Falling Wedge is ready for a breakout

And here’s something very interesting on the monthly chart

The month of November is a TD-9 Buy while being in the apex of a Huge Falling Wedge!

📍This has been working insanely well historically speaking

Check out previous times when a TD-9 Buy showed up on the Monthly! It was followed by a Massive LTC Pump🚀

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$NWC strongly bounced of PARABOLA!

Market buying $NWC at these levels!

The project just announced their biggest product, a crypto app! It will be released in less than 10 days.

I expect the price to go at least 10x when the app is released! Do not miss this opportunity!

They already have 20,000 Pre-registered users and are expecting up to 1 mil downloads when the app launches.

#KuCoin