Wolfe Wave
Crazy idea! Oil will be back to ~70I am trying out a technique called Wolfe Waves. You can google WW to learn about it.
Technically, by using this technique, oil will be back to ~70, into the trend. Then, the number '5' here shall be a fake break out.
Fundamentally, the current war may have a positive worldly-meaningful expectation soon.
The drop-into-the-trend may look crashy. We will hear a little chaos/fear/shock/whatever. But technical trader may remain calm and just look at the chart.
Additional idea, Oil will make Double Top (better if confluenced by a positive news) and take the Big Round Number 130.00, before crashing.
Like/Follow/Comment if my idea is any helpful.
Viveve Medical ⚠️ - This idea is based on my technical analysis only. Do your research and trade on your own risk!
Safe Haven Rally Could Be CompleteGold has seen a strong surge due to being a safe haven commodity. The war between Russia and the Ukraine is playing a big part here as well as the inflation situation in the US.
We could see a break of the highs on this move but a larger correction is also on the cards should there be some relief. Time will tell which option plays out.
Happy trading
Linton
🧿 A Lovely 🅱️bBtcChrt Wouldn't You Agree ? 🎱One Might Find
Themselves At A
Particularly Advantageous Time
To Buy Some
BTC At This
Point
Presently
Just A Thought
💜🔷Ⓜ️
BINANCE:BTCBUSD
Ripple without doubts! Could REACH above $3.36 !Ripple XRP/USD maded today very important move, and did breakout on Daily Chart that we posted 2 days ago, this is good move of chapter. As we expected over 2-3 weeks, up support area 0.2395 and downsupport-area 0.1766 is still strong, and they playing with each other. In this case we can expect a new Market-Cycle! The same case is for Bitcoin and all TOP Crypto with near BTC Dominance.
- We want to mention in this chart, are two indicators of 3 candles in 2017 (that was a bullrun and a chapter of new Market-Cycle) and 3 candles in 2020 , looks familiar, right? In 2020 we have the same last candles-sticks that we saw in 2017 in Mohntly Charts! Let's say that this is coincidence in majority, but let's take a look in 2017 at candlestick with number "1", before this first candlestick we have already an candlestick let's name it "candlestick with number 0"(back of first candlestick), so it's also the same like in 2020 , coincidence? Not really! But this is just little psychological idea that we exposed. The most important thing on the moment it's how Market will rally, if we look at Bitcoin - he also it's on very important support that every little move it's important, and he still strong with sharing his 68% dominance in crypto majority. Ethereum also doing well, some breakouts that it's example for Ripple, it's done. (as we said in last post) Cardano ADA on the same steeps, EOS/ Litecoin & XMR also doing well the same moves. Without doubts, breakouts of other Top Cryptos and those strong supports levels for Ripple and Bitcoin, 2 years in the same Bear-Marketcycle, could be a new Chapter of STRONG MOVEMENT UP & New Market-Cycle.
- This is like a BOMB that playing on strong supports area: down and up, like a bomb sound playing with those levels 0.1766 vs 0.2395 (.......pip-pip-pip....pipipipipipipipipipi...BOOOM)
- Hope you guys you support our work with a like and share of this post! Also don't foreget to follows us! :)
You can motivate us to post more analysis cryptocurrency charts! Thank you! ,)
Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!
XRP - Ripple without doubts STRONG Move UP! Could above 0.3440$!Analysis for next week January 6 — 10, 2020
- Ripple - XRP/USD end the trading week at 0.19102 and continue to move within the correction and the bearish channel. Moving averages indicate the presence of a bearish trend, continue to be repelled by signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the decline and test the support area near 0.1405 (exactly if will break the strong support area 0.1746). Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3445 as part of the development of the bullish «Wolfe Wave» model. Hints are a lot so we can say this is a new chapter of New Market-Cycle, without doubts. As soon with all Top Crypto with BTC strong Dominance - 68.20% increased with + 0.06% from yesterday test near strong supports.
- In favor of the growth of XRP/USD quotes in the current trading week from January 6 to 10, 2020 , a test of the support line on the relative strength index (RSI) will come out. The second signal will be the completion of the formation of the bull model «Wolfe Wave» . Analysis January 6 — 10, 2020 suggests an attempt to test the support level near the 0.1405 area. Where can we expect continued growth of quotations with a potential target at the level of 0.3445 . An additional signal in favor of the fall of Ripple will be a test of the trend line on the relative strength index (RSI).
- Hope you guys you support our work with a like and share of this post! Also don't foreget to follows us! :)
You can motivate us to post more analysis cryptocurrency charts! Thank you! ,)
Mention: This is not FINANCIAL ADVICE! Just EDUCATIONAL ANALYSIS!