BTCUSD has broken above the 4H MA50 (blue trend-line) yesterday, restoring the bullish sentiment on the medium-term. In order to do that on the longer-term two, there is only one barrier left: the 4H MA100 (green trend-line) which happens to be just above the Lower Highs trend-line that started after its most recent All Time High ( ATH ) of April 14.
BTC had a pivot on early 15th April which I was predicted with Pi cycle ( Many people said it’s not valid )..
How ever recently I changed my mind into a bullish phase and it’s failed badly !
XRP is approaching a strong demand zone in green so we will be looking for buy setups on lower timeframes.
on H1: XRP formed a valid trendline in red but it is not ready to go yet. We want the buyers to prove that they are taking over by breaking above the last high.
I’ve been reading texts and messages at an increasing rate that Bitcoin is currently forming the Top/ Peak/ All Time High of the current Cycle (Bull Market). Even though this noise is not alarming as historically an increase in sell positions always goes wrong…
Pitchfork, is a technical indicator for a quick and easy way for traders to identify possible levels of support and resistance of an asset’s price. It is presents and based on the idea that the market is geometric and cyclical in nature
According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 bil ...
Bitcoin, CFTC, Crypto Fraud, BTC/USD – Talking PointsCFTC makes announcement $572 million fine to actually UK Bitcoin fraudster Bitcoin continues higher despite the AMERICAN regulatory action Crypto assets face scrutiny brought on by central b ...
Today, news broke that PayPal is ready to launch cryptocurrency payments to merchants, allowing its massive userbase of millions to pay with Bitcoin and the other altcoins has offered since the middle of last year.However, like all things related t ...
Sustainable crypto mining firm MintGreen has completed its seed investment round, with top digital asset manager CoinShares leading the round.A portion of the funds will likely be used to support two pilot projects intended to showcase how MintGr ...
Algorand is a blockchain that aims to create a transparent system in which anyone can succeed through decentralized projects and applications. The Algorand Foundation assists developers in launching the network and developing it. The main mission is ...
