Quick update this morning on XRP. This is playing out as indicate in my previous post on XRP video (Linked Below). Price has just broken an uptrend line on the 4HR chart. The daily candle forming is indicate it will close below this trend line as well (watch it's closed today). And the 1HR has a break, close and retest of the trend line playing out right...
So this is my first video using Tradingview's new video feature, so do please be kind! HAHAH. I really like the feature and think it will be much more helpful to some if they are able to hear someone speak to what they are looking at. Overall, i remain very bullish on XRP and think we'll be seeing some great growth as soon as the market as a whole bottoms...
While the block areas are not exactly the same they are pretty close in how price action has played out. Should we be expecting price action to continue it downward momentum to previous lows before seeing a move toward new all time highs? Just a thought not a prediction!
Looking at the daily this morning XRP has been trading in about a 10k satoshi zone, which breaks down to two key zones on a 4HR in my opinion. In order to get a sense of which way price action is looking to trend, i'll be looking for a daily candle close above or below this zone. On the daily, the zone I've charted (pink box) covers from about .00011600 to...
I like ADA and I like it as a long term hold in regards to where they want to take ADA. I'm currently in at $.39 and looking to pick up a little more. I quick work up of the chart has me believing we will see a little more downside and a possible move down to all time lows on ADA. Not sure we will get there as it appears we are on signficate support based on...
Took a quick look at the daily for XRP/USD and saw something interesting in my opinion. Could we be forming a double bottom on the daily that would project us back into the $2.25 range over the next week or so? I'll be watching to see how this day closes out, as price right now is sitting on a weekly .618 fib area. A close above or below will definitely...
I'm not actively trading NEO, but i'm looking to pick up some for the LONG HOLD. If I had been smart i would have picked a bit up last week on that very nice correction down to around $93. However, after taking a look at the charts and adding my zones, fibs, and some S/R they are telling me that price action just might want to go lower once again. On the...
This update is actually a continuation of my previous post on XRP that can be viewed here: Really do think you'll find that all my calls on this previous post where fairly accurate overall. My TA revolves solely around Support and Resistance, Fib Levls and 3 moving averages and price action itself. I use the 4HR chart as my go to chart and typically make...
I believe XRP will break support and head down before resuming the is bullish uptrend and here's why (keep in mind this is the XRP/BTC pairing). If you look back at price XRP it has a history of returning back from whence it came. Typically after any significant move on XRP we've returned to price levels prior to those moves. However, I don't believe this...
I'm bullish on BTC, but believe we will see further correction to the 12-11K range (possible lower) before retesting 18K and above areas. On the 3HR chart and below, price action has moved below the 200 EMAs signaling to me downward pressure. If we break 14-13.5K area and get a close on the 4HR or daily, that should signal another leg down. I'll be...