XRP / Rising Channel 4H / 07. APR. 2020.Hello how's everyone doing today?
Keep it short and simple today, and check out this chart!
The same movements over and over again. I think we'll drop to 0,183 in the next few days if you ask me.
This is not for financial advice but for education!
If you think its helpful leave us a comment or like!
Have a great day everyone!
Crpyto
WELL THIS BAD BOY IS INTERESTING... LTC TO THE MOON? Good quarantine all,
appears as though staring at my computer all day definitely makes me want to draw patterns, so i drew a few. And one for the badboy LTC.
Appears as though we have a fib retracement back to the 50% on sweet ol' valentine's day. And on that long way down, it bounced around the 5 waves of the Elliott and possible doing a zig zag Elliott correction?!?!?
Appears E wave might land on the downward wedge tracing I have. And might i add that is a MASSIVE wedge pattern...that might explode upward (hopefully) if it breaks out.
Where do we go, only the crypto gods know.
I'm long crypto, more specifically LTC.
BITCOIN - LONG BUT FIRST SHORT clear Elliot Wave to $7901 creating great opportunities - not going to bore with long description of whats happening, there's a pretty obvious picture painted. confirmed short to 7901, this can not and will not be broken, no reason for it at this point. whales will not join the party til 7901
Possibly one of the best times to go Long. BTC Opportunity!We have filled the CME gap around the $8500 area, as you can see the lower trendline in red supports this theory. The pullback must be over, you can enter now with a tight stop loss somewhere below the lower trendline. I will be staying in this long position for a large amount of time. The volume oscillator shows me that sell (short) volume has decreased, I will be watching closely.
Correction and future of Bitcoin Everything lines up for a 11300-11500 range correction back down to the trendline before the halving event , now we all know we are trading in the wild west, so i expect a scam wick up to 11750 before pulling back to the range mentioned above then breaking down to the trendline at about 8500 over next 40-50days.
Expected start of pullback would be at the end of this month down to the 8500-9000 trendline but it would only be in that range 48-72 hours before bouncing back up to 0.168 fib at 9500, this could be the best long entry on high leverage of all time.
Looking at the Fib Zone Times the week of July 6th seems to be a week where something big will happen this date also comes to the end of the 3 year triangle created by the bubble of december 2017 this week will put the spotlight on bitcoin around the world.
As the digital world comes ever closer i see the value of gold be used for things more like rocket ships(NASA) and true replacement to gold will be bitcoin because the new generation of humans will value pixels more over than metal, take one quick look at Epic Games and Fortnite that has brought in over $3 billion dollars of revenue in one year alone and the game is free, the new generation growing into the world will value digital assets much more than the current generation.
There is a massive paradigm shift of the economic world happening and bitcoin is that catalyst for that change.
Summary
11300-11500 correction starting March
8500 Trendline over 40 days
Bounce to 0.168 fib (9500) 48-72 hours after touching trendline
Week of July the big event ?
WABI looking good for a seizable pump herecup and handle potential and bullish short term PA... looking good
TOTAL2/USD- crypto market doble bottomed ?! alt-season ?!The TOTAL2 chart is showing all cryptos/$ excluding Bitcoin. I see a double bottom. This for me looks like the start of alt season. In 2017 we started alt season in the beginning of december! history does not always repeat, but....
have a nice weekend
peace ;)
*no financial advise ! it´s just my opinion.
Three Percent Trade Idea: Go long TTOOHere is a great opportunity to pick up TTOO .
At Three Percent Trades we have a price target of $4.27 / share, which is a potential upside of 77.2%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
LTCBTC (Will It Breakout or Flow w/ Trend)LTCBTC is currently testing a breakout in the same manner that it 'broke-in' - is that a thing?
Forming somehwhat of an 'L' during its descend into the current trend pattern, Litecoin/Bitcoin recent actions show the possibility of a breakout, possibly forming somewhat of a 'J' on the breakout and beginning of a new trend upwards. My close EMAs (10 and 15) show uptick in momentum as the 10 has recently crossed the 15. I wouldn't say that this is a surefire indicator however, it's shows the likelihood how of a good test run above the current trend line.
Either way, I've constructed some good entry points for both the possible BUY and the SELL. Check them out below and let me know if you dig the steez.
BUY ENTRY: 0.006892
SELL ENTRY: 0.006061
ADA bouncing off of monthly support? Safe trade idea.Low risk no bullshit trade idea.
Buy at 481
SL @ 472
Don't overtrade - manage risk.
I'll update with PL later - im making this on the go.