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Sidewaysmovement

$XRP: Sideways until March 2020, with $30 moon shot EOY 2021 ?Hi everyone, Welcome to another macro TA on XRPUSD. This may be an unpopular chart as it shows very boring movement this year 2019, even until late March 2020. Many weak hands to be shaken off out of despair from a seemingly lost investment. Many in the process will lose faith in XRP as Ripple the company continues to shine with no price appreciation for XRP. But it is not an unlikely scenario - in fact I am starting to lean towards it as it makes sense on 2 fronts: 1- gravitating around that longterm trendline in boom and bust cycles 2- the length of time it took to takeoff in the previous cycle, also coinciding with late March, going full bull into EOY. 3- XRP going full bull exactly at the time where most retail investors have sold or lost hope, bringing max pain to all. In this idea, XRP goes in raging bull mode as of late March 2020, hitting a target of $30 per XRP at EOY 2020, then entering another longterm bear market down to around $2.5 (92% decline as in 2018). N.B. I must note that this analysis is based on a speculative XRP asset, with real XRP utility still being low in the coming year and a half. If otherwise XRP becomes widely used and adopted, then of course a utility-based bull run would change everything, and no one knows how to chart that one! Hope you enjoy this analysis. Cheers, Leb Crypto
POLONIEX:XRPUSD
by Leb_Crypto
Xrp long term curve projectionHi everybody, Drew this long term curve with much more realistic prices than I posted in my previous idea. Have a good look at where we are right now. You can draw a medium curve inside of that bigger one and then determine of where we are going next. I see more sideways action until we closd above 0.70$ on monthly candle. 7-9$ per xrp is very realistic looking at this chart. If we break that with good volume, 100$+ would be on the cards. Look up my previous chart for that. Posting this from my phone as I'm going to be away from trading and charts until August. Have a great weekend! POLONIEX:XRPUSD
POLONIEX:XRPUSDLong
by Patrikas10
Triangle forming on XEM/BTCA triangle is starting to form while prices are trading sideways with lesser volatility. Prices are expected to rise with prices being near over sold on bollinger bands with an upcoming resistance line of 1152 satoshi before XEM could explore any higher. Update: I have recently started my own cryptocurrency Telegram group.Hence if you wish to get updates about new trading ideas posted by me as soon as possible,do feel free to join it. t.me If you all are wondering why it is called CryptoBullLong, most of the traded ideas posted there are mostly long trades idea and rarely short trades idea are posted there. So this is just additional information if you join the group.
XLong
by TrevorSoh
Holy sideways movement BATmanWe continue to have sideways movement between well established lines of support and resistance. The line of support has been tested 8 times. However, movement downward is running out of steam as evident by the last dip that was unable to reach our support line. So it's no surprise the price is now flirting with a breakthrough of our line of resistance. If this happens, look for the price to retest the line of resistance as our new level of support. If it holds as our new line of support and volume is sufficient, look for price increase equal to at least the height of our existing support/resistance boundaries, to around the 118000 mark. Our buy mark would be just above the existing line of resistance, and if you miss that, it could retest the line as our new level support, which would provide a second buy opportunity. Our stop could be located in two possible positions. First position is at the our existing line of support around 104000. Alternatively, if the price breaks out and then falls back into our existing support and resistance lines, a new upward trend line might be forming, and our stop would be at that line (low point of the orange line).
BLong
by CryptoKujira
2
SP 500 intraday short levelThere are 2 intraday levels what will be interest me in this week. Intraday Short 2 levels is based on Volume accumulation = Acumulation Setup As i said previously in my posts, the big institutions who move and manipulate the market build up their massive trading positions in sideways price action channels ( rotation area in purple rectangle) . This short 2 level is exactly this case.... Intraday Short 1 = Trend Setup Volume cluster created within a strong downtrend indicates that sellers were adding to their short positions in this volume cluster. In this level is no need for any sort of confirmation, i enter the trade at the first touch. Happy trading Dale
FX:SPX500
by Trader_Dale
All shorts rekt and a move sidewaysGoodmorning all, Regarding my latest post, course is walking sideways forming a little triangle were it first broke down and then it move up like a renewed break-out. I see that often happening with rising and falling wedges. First a break-out/down to be followed-up by the correct move regarding the specific wedge. Anyway, those rectangles in the chart, in my perception were manipulated to rekt all shorts. Number of exchanges is big and there will be a shake-out coming. To manipulate course to rekt margin sell orders is lucrative. Although I still believe in a course fall down around the Fib-level of 1,272 in retracement or around $5550. Thereafter a consolidation before a new market cycle will start. But I could be wrong. This is NOT an advise to sell or buy. Make your own decisions. Save trades.
BITFINEX:BTCUSDShort
by BitViewEU
BTCUSD- Short Term Trade Set UpHi all, I'm taking a look at the current movement of BTC 4.64% . The MA is showing signs of a bullish crossover, and these next few hours will prove to be pivotal. The last bullish crossover we had that was of any significance was back in April, excluding this fake out bullish cross that occurred on the 8th of July. For the near short term, we can find a sideways resistance around 6700 (red arrow), and a sideways support around 6400 (green arrow). We of course have a major horizontal resistance around 6840. Major horizontal support brings us around 5800. If we breach the red line, consider opening a long and taking profit at the horizontal support. If we breach the green line, consider opening a short and re-entering at the sideways white line. Be sure to set a tight stop loss for any of these trades, as the movements may prove to be quite impulsive at the drop of a dime. If this post gets enough love, I will provide live updates. Happy trading!
COINBASE:BTCUSDLong
by NickPadovani
BITCOIN: 71 bars trend prediction (start of a new hype cycle?)In front of you are 2 possible ways, how the next 2 to 3 motnths could play out. If we manage to break 9k again in the coming days i see following 2 scenarios that are likely to happen (based on past years of btc, 2013, 2014): scenario A: we manage to break 9k again and hold it. This would be needed to build a new RSI floor level at 42-43 and gain strength to break through 10k end of may. We then would have a dip again sub 10k, but just for a short amount of time, as expected after the 10k barrier. We then follow the predicted lines up to 11.7k till end of july. This would be a healthy way to recover, not too slow and not too fast. It may even be enough to start a new hype cycle if we manage to break 12-13k along the path of scenario A. scenario B: we would follow the actual beartrend down to 7k for a tripple bottom (feb, march, may) and then bounce off to ca. 8500 - 8900k. We might even touch 9k btc but are not able to crack it. (put "ITS NOT OVER 9000" meme here..) the disappointment would be big and throw us back down to 7.1 - 7.5k. But at the same time it would show us a flag pattern in a slightly uprising wedge and people will assume the price will break out soon, what actually might happen in july if enough traders/normies believe in it. Ye i know.. people will say, you have no clue its crypto. And yes we are in a very volatile market. Yes this market is manipulated af. But then again, if you would have just looked closely at log pattern of the btc price over the past 8 years you could have predicted the crash in january. Most TA/FA sheeples calculated a drop of 40 to 50% in january after the big hype. What we didn't expect was a drop of almost 70%. (some alt coins even 85%.. rip) So let this be a "lesson learned". Previous years can help to predict some trends, and people will compare actual price movements to previous years again and again. That alone will make the price somewhat follow those predicted lines. The only thing i can say with 100% certainty is, THE BUBBLE GRAPH MEME IS DEAD. It did not follow those lines till the end. We should have had a drop of almost 85% and then despair for a long time until we recover. Instead we did fall down to 7k (-65%) and then went quickly back up to 11.6k. Even the second drop in march/april went not further down than 6.3 to 6.4k btc. So this shows us we have more of a sideways trend pattern than full bear mode. Ok i wrote enough.. let me know your thoughts about it. ;)
BITFINEX:BTCUSDLong
by MarkiMark_1559