Crypto Rips

Scouring the charts to find the next crypto currency getting ready to blast off! Taking profits in BItcoin of course.

[Crypto Rips @crypto_rips]

@IvanOnTech @MoralisWeb3 Reviewed documentation on Moralis and would love a definition of what an experienced buyer is?

[Caleb Franzen @CalebFranzen]

There's no way around it, today's daily close for #Bitcoin does not inspire confidence as we get rejected on the resistance range (again).

I don't know what's around the corner, but we finally started to see financial markets exhale today after a strong open.

Need conviction.

[Crypto Rips @crypto_rips]

@matthewlee7 Why so many comments criticizing you for being cheap in the situation you described.

I wonder if all the criticizers tip the cashier at the gas station or toss a $5 spot to the person scanning movie tickets at the theater. Or what about the grocery bagger? All min wage jobs.

[Crypto Rips @crypto_rips]

#ETH pump is coming into resistance. #TradingView. It is getting overbought on the 4 hour as well.

[F.I. Squirrel @FI_Squirrel]

A case study of: Stonks are Easy

OOOOOOUFFF 5,000

[Crypto Rips @crypto_rips]

Great chart. With rising inflation, this looks like it will continue.

[Otavio (Tavi) Costa @TaviCosta]

Double top.

A great illustration that the rotation out of hyped/overvalued growth stocks and into historically cheap value companies is just getting started.

[Crypto Rips @crypto_rips]

Super Bullish long term but doesn't #Bitcoin look to be in a massive bear flag? Really need to break above 46-47k for things to change. #cryptocurrency

[Crypto Rips @crypto_rips]

#BTC and #ETH bear flags forming on hourly candles. 3-5% drop could easily come with US markets set to gap down tomorrow.
#TradingView

[Crypto Rips @crypto_rips]

Hoping #BTC Holds the line

[𝐓𝐗𝐌𝐂 @TXMCtrades]

One big year-long range.

If we lose range support, the Realized Price @ $24k becomes like a magnet. #BTC

[Crypto Rips @crypto_rips]

@ZeroHedge_ Where will this squeeze find resistance? I'm thinking between 48 and 50k. Right around where the 200 day MA is at.

[Crypto Rips @crypto_rips]

@StockDoc69 @100trillionUSD What is the time series?

[Crypto Rips @crypto_rips]

@Carnagecrypto It seems like #Bitcoin would need more time to top in any significant way. It would need a ton of momentum to get past all the overhead resistance and make new all time highs in less than 4 months.

Not impossible. Just unlikely under current market conditions.

[Crypto Rips @crypto_rips]

@Denn1s_TW Thanks for sharing a great #BTC chart. Of course it fits the same narrative that I have.
The support at these levels looks pretty strong to me.

[Crypto Rips @crypto_rips]

The last time #Ethereum dipped below 50 on the RSI after a #Bullrun, it stayed under 50 for over 2 years with the exception of an early summer pump in 2019 for 2 months.
Momentum is gone.
What narratives will drive prices higher?

[Crypto Rips @crypto_rips]

Haven't even touched Yellow/Orange yet. Seems like 30-35k could easily be in the cards.

[Henry @HManRiZZle]

@samjrule Is this is a combo of perps funding denominated in both usd and stables? Also looks like we need some meaningful time in negative funding before the the next leg up.

[Crypto Rips @crypto_rips]

@DNowak26 @BigCheds I don't see why more people aren't calling this H&S pattern. The Volume seems very light though. Do you think we see a large volume spike on a large red candle soon?

[Crypto Rips @crypto_rips]

#BTC weekly RSI at its lowest level since the March 2020 dump. Long term #Bitcoin bulls will win out, but in the short term I don't know how to look at the chart and not think it is and has been in a topping pattern.

[Crypto Rips @crypto_rips]

Can't help but notice #BTC about to have its lowest monthly #RSI reading since September of 2020.
Still #BULLISH long term but any close below 43k could cause more pain than people expect.

[Crypto Rips @crypto_rips]

@cryptopou Love the chart. Great work, and I gather the flatting of the parabolic curve indicates diminishing returns each cycle.
How are you drawing the latest parabolic curve? Are you choosing the points?