XRP - THE ROAD TO 1.20-1.30$ EXPLOSION FOLLOWED BY CORRECTIONXRP is holding 0.55$ Support area after the recent liquidation.
If it maintains at this level, we can continue with the movement and climb up towards 1$ at least.
The conservative de-risk play, would be around 1.07-1-13$ . While most ambicious one is around 1.20-1.30$.
This triangle is in play and we are in PHASE D. This is why is still have this impulse left towards a dollar and above.
After that, I can say we may visit again the 0.60 territory. This may sound crazy, but this is how the overall cryptomarket is looking.
We are in the Wave 3. Once this finishes, Wave 4 corrective, A,B,C comes. Therefore, we must prepare to capitalize even more.
**PREPARE NOW. GET INTO POSITIONS. HOLD AND DO NOT DOUBT**
Crash
XRP HOLDING CRITICAL SUPPORT! LAST SHAKE OUT BEFORE 1.13$After the critical liquidation that took place today, 03/01/2024, XRP is fighting to hold the 0.55$ support.
IF XRP manages to close the daily higher than the GREEN trendline, at around 0,55$, we are good for continuation and the continuation of the automatic rally.
This recent crash was to liquidate retail investors due to the recent immense increase in the Altcoin market.
Do not get distracated. DO not doubt about the current situation. They want you out for whats to come in the next 1-2 months.
XRP is set to reach at least 1.07$-1.13$ in the upcoming days, maximum reaching 1.30$ if it overextends.
This is time for accumulating more XRP. Don't lose focus!
Cheers!
BITCOIN LIQUIDATION EVENT 01/03/24 - ALTCOINS MASSIVE GAINS OP!Today we've experienced a crazy liquidation event in the Crypto Market.
Bitcoin moved from 45k until 40-41k depending on the exchange.
Altcoins lost 20-40%, but many of them already recovered half and some up to 100%.
ARB, GMX and ENS did pretty well.
Right now, as long as Bitcoin holds this ORANGE TRENDLINE that goes back untli January 2023, on a daily closure, we are fine for continuation.
Targets: 47-48K
We are close to the near of the Wave 3. Wave 4 correction is near.
Right now the best plays to buy Altcoins, since many of them still have to appreciate on value in the comming month.
Altocins to watch:
XRP
THETA
FIL
XLM
IOTA
MATIC
Bitcoin is crashing and nobody listened Bitcoin is crashing and over negative 5 percent.. this is a dominating of the bears to take over and this is the biggest bull trap in crypto history.
ETF SPOT CAN BE REJECTED !!!!
Because SEC said “ if we don’t see it within more than 2 weeks , it’s more because they need more time” and also said “This would be the rug pull of the decade."
“Everybody put in a lot of work in this, especially over the holidays. Sadistic might not even be strong enough a word for it.”
See you at 10K y’all and this news is HUGE.
Biggest bull trap just hit.. coming big crash for bitcoin? Halving is coming but overall bitcoin can crash before the halving even during ETF event approval or during it.
Bitcoin doesn’t have much support as you see you and it is not enough; on 1Day chart it created a double top.. if bears are still in control then it’s possible can go a lot lower than 40K even 30K.
The bottom I see still is 10K area but it’s possible can go lower than that.
Bitcoin is extremely overbought..in about 2 weeks the Euphoria is going to die out.
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Why Fibonacci Works along with Ichimoku - $SPY - ExplainedYou read a lot about Fibonacci and realize it's everywhere but you doubt it. It is too good to be true. I present the chart where it shows that you gotta believe it. Well let's put it this way. If some believe in Fibonacci and trade accordingly it will move the market and that is exactly what happened today. I am still long on AMEX:SPY (I have gamble puts expiring Feb)
Still long because it respected the support. I believe it will be range bound as 476 is a huge resistance because if it crosses that it has to fly, There are lots of headwinds and the market has already built in the rate cuts which may come sometime later. One thing to note which no one is talking about - If there is a rate cut what does it tell you about the economy!
BITCOIN - Very likely to go down from hereBitcoin is making its final move to the upside, possibly reaching 48k, but it's a gamble. The altcoin market is experiencing its last pump, aiming to drive the Fear and Greed Index into the 80s.
BTC has been on the rise for 90 days now, typically signaling that the top is approaching. Bitcoin tends to follow a 60-90 day pattern; it doesn't have to be precisely 60 days to indicate a bottom or top, but it's generally within this range.
Anticipate Bitcoin reaching a bottom between 60-90 days after the top of this rally.
A correction of 20-30% is likely, potentially bringing Bitcoin's price to around 35-32k.
While nothing is 100% certain, calculating time frames like this is crucial and often proves effective.
Visit TradingView and see for yourself. Previous cycles also tested the 50% zone, rejecting it 1-2 weeks later; this may recur. The current 50% level is around 42k.
A close below this would be negative for BTC.
🔥 Bitcoin Liquidation: No Worries Here!Last night, BTC fell around 8% in a very short period of time. Sadly, this doesn't come as a surprise after a massive move from 27k > 44k. Investors are piling in with high leverage, which makes them prone to liquidations like the one of last night.
These liquidation events have happened a couple of times in the last few weeks. Every time they marked a local bottom, after which the price continued to go up. It's likely that the liquidation even from last night was a "necessary evil" to wipe out over-leveraged traders and clear the room for a more stable uptrend.
Furthermore, the price reversed strongly from the diagonal support line on the chart. As long as we're trading above said support, the bulls are in complete control. My 48k price target still stands.
$SPY $SPX The next 12 months new ATH Then CRASH?AMEX:SPY CBOE:SPX The next 12 months
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It's looking like this rally is set to pullback before one final push higher to the 480 area to create a Double Top
That's 5% higher from current levels plus whatever pullback we get now
Then a CRASH📉 of at least 35% even more for the #NASDAQ
SPY could go higher than 480 but I'm not seeing any institutional positioning above that yet and there is a whole lot stacking up below
There's a lot of talk on here about crashes📉 and melt ups📈 but the bottom line they are all just opinions including mine
Make decisions based on what price is doing and be prepared if things line up as I have laid out
What do you think the market will do in the next 12 months?
Does this scare anyone, or nah?Has this rally been the "complacency" rally? Jim Cramer recently tweeted how much BILLIONARES should be kicking themselves for not being part of this monster rally. Is this just a giant lower high/bull trap and are we already rolling over into the Great Depression 2.0 or ughem, a Great Rest?
BLACKROCK PARTNERED WITH XRPYou heard me .. XRP won and XRP partnered with BlackRock so what will happen next?
Don’t worry we are still bullish in 1D & 1W chart but in reality we are bearish and the resistance won the tug of war. So what does this means after we heard the news from BlackRock .. we have to SELL THE NEWS.. which means
Bitcoin and Ethereum will drop a lot too it means
XRP new lows , BITCOIN new lows and Ethereum New lows..for this upcoming year.
Bitcoin to $8000 thru 10K
ETHUSD 250$ thru $500
Lastly XRP 0.17 thru 0.20 area
Remember those buy points this is where the big boys will go AALLL INNN.
Bitcoin halving is coming too so now everything will crash badly cuz war at you know Gaza , China invaded Taiwan , Russia is crushing NATO
Lastly U.S. troops is over their and might mean another World War and lastly Covid making its bounce back and heard everybody getting sick and symptoms Sounded familiar and interest rates will go high as we expected because recession can happen.
So now u all hear the news and what will happen the price .. don’t be late to buy in those areas.. if your a holder you know what to do.
It’s time to get rich in 2024 and so on
VIX Spike - BIG Crash PendingThe VIX will spike again, nothing to do about it.
Fundamentally, a perfect storm is brewing.
We had/have many events in the markets:
- Covid Pandemic
- Supply Chain Disrupted
- Ukraine Invasion
- Russia Sanctions
- Inflation Spike
- Energy Crisis
- Global Drought
- Interest Rates Hikes
What's next, a full-blown WAR?
BNB Binance Coin The Big Short - CZ to Step Down & Plead GuiltyIf you have`t sold the Bearish Pennand doubled by fundamentals here:
or The Next FTX article:
Then:
Binance Founder Changpeng Zhao to Step Down and Admit Guilt!
The CEO of Binance, the world's largest cryptocurrency exchange, is set to resign and plead guilty for violating U.S. anti-money-laundering laws, as part of a deal aimed at allowing the company to maintain its operations, sources familiar with the situation revealed.
Changpeng Zhao is expected to make his plea in a Seattle federal court on Tuesday afternoon, according to recently unsealed court records. Simultaneously, prosecutors unveiled charges against Binance, owned by Zhao, for offenses related to money laundering and sanctions. Binance is also slated to plead guilty.
Considering these developments, I anticipate a decline in the value of the BNB coin.
Curious what are your thoughts on the potential price decrease?
BITCOIN PREPARING TO CRASH..?!!!economic told us something about ETF approval which means should hear about next week. Right now we are at the top 38K and now we are at almost 37Kif you look the chart 4H-W1 is bitcoin creating the biggest bull trap in crypto history..?!
If it’s true then we will see the biggest crash in bitcoin history and bears will take over since halving is now in 5 months.
If this bulls breakout lead to decline then bull trap will emerge and we will see the biggest trap ever made.
So listen very carefully bitcoin can drop 80% drop all the way down to 20K easily especially 16K… overall we aren’t bottomed in yet. 10K is the bottom .. if not then 7000-8000 area