Orriginal.Crypto's avatar
Orriginal.Crypto
orriginal@nostr.com
npub17lpp...zeru
Really sad to see that if you do not pay a relay on demand, you get nothing but probalens afterwards. Oh wel 0 SEE YAAAAAAAAAAAAAAAAl
Bitcoin since 2009 The chart explains itself 3 Key stages 1) Parabolic rise into Channel following a Fibonacci Spiral 2) Tests upper and Lower Trendlines of channel Numerous times with ATH's and Bottome. 3) Breaks out of Fibonacci Spiral before PA is dragged back down and continues in channel. PA is now independant of "Creation Algorythm" and Sentiment and Common sense take over. Decentralised Currency on a plate. Released in the 2008 recession, Proved in a Recession possibility in 2024 image
As we draw to the weeks end, it is a good thing to see that PA has just bounced Hard off the long term Support, based from 2013 and will close the 2nd week of September GREEN. This month is usually Hard on PA and this is a very positive sign. The zoomed version of the same chart, with Tradingview volume based Candles shows that strong candle but still with a certaibn lack of support volume - However, PA broke through that 8.236 Fib circle very well. Look to the left and see what happened when we broke through the 7.236. While I am very bullish, the Fib extension I have on this chart stops at the 4.236 at 76K USDT for a reason. For me, that is a HUGE Wall we need to break through. THATS the barrier, from 72K to 76K I am looking for PA to Leap over. I will be opening my champagne when that happens . And it may very well be SOON
And while I talk of Bitcoin and Gold at the same time, Here is a Weekly BTC XAUT chart that is beginning to look like BTC may begin to out perform Gold once again Soon, even if the Gold price continues to Rise. Gold is a SLOW mover, BTC is quicker and when Both move higher at the same time, it is WIN WIN. So, here we see the PA sitting on the Lower Bollinger band. It tends to not stay there too long. That is also abeautiful Cup and Handle pattern. There is so much more here to talk about but I have to run out now...see ya later image
XRP has been one of the most manipulated, under performing assets in the last 2 years and now we hear of the possible emergence of an XRP ETF. WHY WOULD ANYONE DO THAT ? However, the Future could be bright for XRP as we hear of the potential use of XRP by the BRICS countries ( again, WHY ? ) But here is the Chart of XRP More of a stable coin if you ask me. p.s. RIPPLE is one of the leading companies involved in creating CBDC's woprld wide. DANGEROUS image
TOTAL Crypto Market Cap Are we about to get a big bounce ? ( after the 18th September ) image
I do not do politics really but if the American Adminsitration authorises Ukraine to use Long Range American made missiles into Russia this weekend, we peace loving sould are FUCKED> And what the public needs to know is that it is the USA that has organised this from the start - it is NOT PUTIN that started all this - The american backed Coup in Ukraine, from a peaceful Public voted in a Parliamnet, to a USA Loving Administration that then began bombing the eastern regions of ukraine....it murdered its own people.. THAT is why Putin invaded....after trying for YEARS to stop Kiev doing the bombing. And THAT is why so many other countries SUPPORT RUSSIA Do you really want WW3 ? It is really only the American public that can stop this now...... PLEASE STOP THIS
#Bitcoin USDT Daily Heiken Ashi The beuty of these candles is simply how they iron out noise. Each candle begins in the centre line of the previous. Easier to see trends etc. And so, Conbine that and the Bollinger Bands and we are off to a good start. And today is a crucial day. The orange Dots aer the basis line of the Vollinger bands, the average point if you like , and it often proves a line of decisions. PA needs to cross over that today to maintain a move higher for the weekend. If we do get over that Basis line, real resistance starts around 62600 and it will be tough going from there. But as I keep saying, PA is most likely waiting till 18th, when the DXY Support Group ( The FED) tell us about interest rate decrease, or not........ We are just hanging around........................... But be aware, drops in interest rates do not automaticaly lead to Price increases......but they do lead to a lack of confidence in the $. We shall have to wait ansd see what happens. Just have a plan and be ready to use it image
I like PRIMAL I can see why it could be so Good and yet , adoption, presence and interaction..... Where are they ? It is not easy to create a new thing, even harder when 99.99% of people just do not give a sh*t...... They just want to post photos of their Cat.... I am a User, Not a Dev, gave that up in 1999 But I am a Crypto, Bitcoin user, promoter and been doing oit a long time.. And This platform could be SO GOOD but there seems to be an inbuilt self love that is destructive. When people have ideas..LISTEN TO THEM Blanking them and you become like the Blond Bimbo at a Disco. F**ked and forgotten Just saying
It takes a certain amount of Courage to sell BTC out to Gold But the Art of Trading successfully is to NOT dive in with out fully understaning certain things. Bitcoin GOLD trading is kinda different to Bitcoin USD. But ONLY in what it rlies on. The Bitcoin XAUT chart below looks familiar doesn't it...and While Gold out performs BTC, this Will continue....But you REALLY need to keep an eye on gold..It is a SLOW mover Look at the PAXG ( tokenised Gold 1:1 ounce PA ) / BTC If you had sold out in March......The chart says it all.. Thats a 70% rise in value Start using GOLD and Bitcoin
Another view on the #Bitcoin Weekly We been rejected off this fib circle twice before and will it be third time lucky ? We are also testing a strong line of resistance, thet we have turned into Support.....Or HAVE WE ? The 2nd image shows you a close up and the apex of that squeeze is in 4 days time. PA Always reacts before that point. Hang on Guys and Gals......
So what is going to happen to the DXY $ when the FED begins cutting Rates ? A Look back in History shows that only on ONE occasion did the DXY continue to rise. The other occasions, , the DXY $ Fell and given the pressure the DXY $ is under internationally right now, the chances of it rising have to be very slim. image
PAXG Gold V Bitcoin PA top of Range. I'd say BTC is about to outperfom Gold - The real question is for how long ? image
Serioiusly, TRADFI, How many of your Stocks do This over a 12 month period ? image
#Bitcoin Daily PA Dropped out of range again and has since bounced back into range - But will this hold ? Impossible to say but I am Bullish still and do belive that after the 18th, We will see a Big change. I am also going to leave this Range Box on the chart as I think we have crossed a turning point. HOWEVER, there is also the possibility that we will not see a Major move till October if the MACRO environment is not "comfortable" The MACD is getting Higher on the lower time frames, though it can range, the Daily is just turning Bullish on the Low and the weekly is still falling Bearish and will hit Neutral Next week, if it carries on its current course. I have to say that despite me saying I am bullish, I do have a growing unease with how this is playing out. To many extents, RSI and MACD are similar to post March 2021 ( see 2md image) , which means the up coming bounce may not produce the desired results and yet, at the same time, I do feel we are following the Fractal from 2013 ->2017 ATH's, in which case, we are on the verge of Great gains. Also, look at the Histogram on the 2021 ATH retreat, it went way deeper than we have this time. That could poiint towards an ynder laying Bullish strength Which way will it go ? Time will tell us and On Chain data will help and I am about to catch up on that
I'm off for a week.then we will have a week till -> 18 September the numbers 3, 6, 9 considered magical, special, or just bloody akward....well.. It will be time ( good wine this.)
From tomorrow, I am away for a week and I want to leave you with this chart Just look at the current Daily candle ! That is a sign of a real fight between Bulls and Bears and currently, BULLS are winning. Long wicks in both directions. The fight maynot be over for a week, it may end tonight with a victor. Support your Local Bull - After all, THEY MAKE US Have a good week and stay safe image
Top 10 Lighning Wallets - No need to look further than here. I will never ask you for your email address for obvious reasons. Sometimes mistakes can be made. Being an Adult is understanding that this can happen. But moving on - > image