Following the previous post of the Monthly Timeframe, this Weekly Fibonacci further validates why $1.96 is a rejection zone. The -161.8% Extension aligns with the Dec 2017 / Jan 2018 candle closes where we have tapped it perfectly. I would anticipate that the next move would be back towards 61.8% and 78.6% retracements where we can identify the next set up. I...
Just something I noticed on the higher timeframes with XRP We have tapped the Dec 2017 & Jan 2018 candle body closes / open perfectly and showing a solid rejection. $1.96 is a solid reversal zone being the 12M candle closes as well as the Monthly candle closes. I will go into more detail about why this is a solid reversal point in the next post on the Weekly...
XRP is looking very bullish.. on the 4hr timeframe we can see market is now forming new bullish structure since the recent market correction, we have this nice ascending trendline which the market is currently testing and rejecting. We also have this inverted head and shoulders forming, what im looking to see is a 4hr close above this counter trendline and a new...
Hello trading friends, Depending on last trend at bitcoin there is no reason to sell btc a breakout are any time possible to 60k
Hello traders, Here is a short update for DOGE COIN. DOGE has broken out of the symmetrical triangle and reached the first target. Now DOGE has confirmed the breakout by a RE-TEST. We can now continue to rise towards the targets marked on the chart. See also my previous analysis of DOGE. Keep a close eye on Bitcoin too because it is the leader who controls the...
As the weekly Elliott level post - Elliott had yet to complete its impulsive move up. Here's the updated count and move - logic is that we are now at another 618 key level. We can define the waves within that last push, what was assumed 5 was only a 3. So here's a simple update. Not looking to short, but won't take the long until this pullback. Disclaimer...
This yellow line keeps acting as support and resistance. I don't think Bitcoin will go down but I think it will rather consolidate before it does that. Bitcoin going up will only result in Altcoin being stuck and consolidating at the same place. And I believe ETH will consolidate for 4 days and then fall down but RN XRP is showing strength, even tho BTC had a...
XRP may be revisiting $1.45 as it is in a downtrend channel for the past 2 days after reaching a price of $1.76. Breakout from the downtrend channel will gives a short term target of $1.71 and it will start to hunt its previous high of $1.96!
Should see a few days if consolidation as shown intmy chart before continuing to push forward in this bullish channel. Let's see guys, stay tuned.
XRP just broke out of its bull flag … If this isn't just some fake out we could possibly see another legs and eventually reach its ATH which was roughly at $3. DYR and don't forget to set stop losses if you plan to trade this. -In the long run I do expect us to see $10, but as you know this is just speculation until we get some confirmation from the lawsuit.
XRP / USD TA We are looking at hitting an ATH this summer according to a bullish movement on the weekly chart.
It look as if XRP is in some sort of pennant. The current trend channel is bullish but it's looking like it's ready to make that bearish retracement at least to the bottom of the channel. If it breaks and retest my channel I would expect for it to trend line on the outta pennant area. If you look at the daily time frame you could picture price continuing to go...
This is an ascending triangle, but it is possible that Bitcoin will fall and XRP will have a downward trend, which you do not need to worry about and you can set an order and think about buying, and it is actively marked in the chart in my target. In Time Trigger, you can take two buy / Long positions, one of which is the purple line, and the stop is below the...
XRP is going to reach $3 Fibonacci never lies. However, be very careful because this crypto even if I love so much still is under a lawsuit and we are 50/50 for now. SEC (American Government) might not lose at the end of the day.... who knows? I'm just speculating because I don't have a crystal ball to see the future aligned with legal issues, emotions and...
simple strategy about xrp, this is just my opinion, if xrp can break the resistance 1, it can be fly and up trend, otherwise if xrp just down and break the support, it can make down trend, that it just my little analyst about xrp, do your own best, any choice is in your hand. keep calm