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Bitcoin has rejected the Fibonacci support level multiple times which could indicate on the upcoming wave up. This is just a speculative view on the long term Bitcoin price development. According to the Fib cycles and the ascending channel , price could go as high as 1. I would really like to hear your opinion on that, so please get involved, post and comment, share your thoughts on the long term Bitcoin target.
The Bitcoin accumulation process taking place since February Since then price has been forming a falling wedge pattern, which seems to have come to an end. The new Fibonacci cycle has just started, prior to which price broke above the downtrend trendline, indicating on the BTC uptrend validity. But still, the 6k plays an important role in the further price Throughout its lifetime, Stellar has established a solid uptrend against the Bitcoin, unlike most altcoins, which continue to lose heavily to BTC.
It is clear that price producing higher highs and higher lows and the Stellar next bull run could have started. What is the reason behind such statement? The most recent bounce off the support occurred on the 10th of September and this is exactly when the new Fibonacci Time Zone cycle has started. Prior to that price has broke above the downtrend trendline and retraced back to the 6k support. Fibonacci applied to the About me Telegram Channel https: Last visit Joined CryptoPosting. Less Tags Show All Tags.
There are also ideas on other regional versions of TradingView: Take Caution with Odyssey. Double Your Bitcoins with HempCoin. Bitcoin might never be that cheap again Bitcoin Could Reach 30k by XRP has broken down from major intermediate harmonic support and we are likely to see significantly lower prices over the next few weeks. The next major level of support is at 0. Most likely we will stop at whatever support we are at around the middle of December, and if the downtrend is With real banks using RippleNet and R3 Corda to settle international and in the case of Japan national payments over the public XRP ledger using XRP this coin now has the most real world adoption of any crypto, and the most potential.
Shorts at all time highs demonstrate price suppression. Now at the bottom of the long term channel the reversal is obvious and This chart is an adjusted vision from my chart in 12 dec AS you can see in that chart is that my vision and first entry point has being succesfull so far.
I had to make this chart in order to set the future support lines, in order to get maximum gain. You can see the chart here and also read about why i have charted as i have done. XRP is going to moon!!! XRP always lets you know what it's going to do next From the creators of MultiCharts. Select market data provided by ICE Data services.
Prior to that price has broke above the downtrend trendline and retraced back to the 6k support. With real banks using RippleNet and R3 Corda to settle international and in the case of Japan national payments over the public XRP ledger using XRP this coin now has the most real world adoption of any crypto, and the most potential.
Good time to enter a position on coins listed in my Altcoin Index after doing your own research. Shorts at all time highs demonstrate price suppression.