CrivacGeorge

CrivacGeorge

on weekly chart formig a rising wedge? looking for a pull back.

CrivacGeorge

the daily channel to observe and the congestion area aka rising wedge forming.

CrivacGeorge

Nothing more simple than #BTC moving. Rejecting from the Resistance to follow the relief move.

CrivacGeorge

#BTC is now back inside the red channel, Do we see the 7k area? will it touch that lower border of the channel?

CrivacGeorge

should #BTC break the 28k Support, expect T1 to touch the upper line of the red channel.

CrivacGeorge

following further the construction of this falling wedge. It will require good volume to reject from his peak around 285-250 USD.

CrivacGeorge

What we see here is a H&S macro. It depends all on volume now to hold the Baseline .

CrivacGeorge

I don't have any BTC but it may print an H&S on a weekly Chart with a target of around 18000 USDT. I want only to show my Idea. If it has a proper Volume it may drop drastically

CrivacGeorge

working out this rising wedge.

CrivacGeorge

Please get out of this rising wedge #XRP

CrivacGeorge

For the Bullrun, observe the break above lines 2 and 3. For the Bear Move the line 3 is important.

CrivacGeorge

the trendlines

CrivacGeorge

xrp trying to shift the axis, to rise on the green trendline. we are still ok above the S1, lets try to break the R1 step by step.

CrivacGeorge

These are the Levels we should observe. Price between S1 and R1. Already broke a descending Trendline.

CrivacGeorge

I wouldn't be surprised if the Total Market Cap except BTC will make another leg down into the channel.

CrivacGeorge

Take a look at the volume in the Bullrun 2017 and the volume from this month. This month we the second big volume from the whole chart-Indicate this a very big pressure?

CrivacGeorge

The Volume level is huge here. Look at the level as xrp was near 3 $. Interesting.