The trendline in red is strong support. Expecting XRP to ride that line for the upcoming few days.
This is my short trade setup for BTC/USD. Price Action is currently crossing threshold 1 and entering area 2 of profits. You all still have time to make great gains off of this trade! Jump in!
BTC has not been able to close a candle above the triangle or fib lvl signaling a price drop back down through the triangle.
Good morning everyone, iv got a SUPER EASY TRADE opportunity going on for BTC today. We have hit the resistance of our descending triangle (see last post for significance of resistance). This means that the price is likely to drop from here. IMHO its time to take profits and wait till we fall and hit the support line at the bottom of our triangle. SELL points are...
BTC is about to hit resistance @ 10,900 - 11,00 in three separate ways. 1.) The next fib lvl is located at 11,000 2.) our descending triangle will be between 10,900 and 11,000 (this triangles resistance has been tested and confirmed several times, its strong af) 3.) ALOT of people have placed sell orders @ 10,900 and 11,00 because its a whole number (we saw the...
As of now im uncertain as to what direction XRP will take. What do you all think about this wedge?
We have broken out of Channel 2 in just a few hours with an additional 2% increase in price!! We are now approaching resistance at .27900(stronger than previous) with a good bit of momentum. Im confident we will break through this as well but i'm not sure how long it will take. Once we do break through however, .27900 will become support and im positive it will...
On a very micro scale (3 candles/12 hours), our price action has wiggled its way into CHANNEL 2. Channel 2 has several things going on.... 1.) Candle wicks are ascending and descending all over the place. Meaning buyers and sellers have been fist fighting after the initial large green candle we got today. 2.) We hit resistance at FIB LVL 0, this wont be a...
Either XRP will bounce off this resistance and stall gains, or it will continue past and head towards the next resistance point. Over all we have STRONG CONSECUTIVE green candles since we broke out of the descending triangle! If you took my advise yesterday you should have made some pips today.
As we can see here VERY CLEARLY, our price action is at the very end of this descending triangle. Historically, a descending triangle this accurate will result in an upward price movement. Additionally, on the 4h chart we are hitting the bottom of the bollinger band and the price has already bounced off with an ENGULFING GREEN CANDLE. These are three strong signs...
I said it before and ill say it again, BUY XRP. Everything you see here is pointing towards a boom in price! Have questions? ASK IN COMMENTS!!!
On the four hour chart LTC bounced off FIB LVL/BOLLINGER BAND, after this bounce it created an engulfing bullish candle. Im going to wait to see if price falls back to to the lowest descending wick, if it bounces off the wick im buying, if it moves upwards past 10 EMA im also buying.
LTC is in sync with the alt coin market with a 6% gain in the last 24 hours. Additionally, the coin has bounced off support with momentum, possibly enough to catapult it through first fib level.
My prediction of an upward break through the descending triangle was right, also breaking through our first resistance in the process. HERE WE GO BABY XRP
Strong buy in and sell out points along the trend lines of this triangle. NVDA's earnings have been up recently as well as good publicity surrounding new tech. Quick money at least.
BTC is getting alot of positive press these past few days. Is this bounce off 10,000 new support?
Alright everyone, lets jump into this LONG-TERM analysis. First of all, XRP is at an extremely low point right now and is an EXCELLENT buy in opportunity! Support / Resistance: As we can see, the trend lines in grey are showing PROVEN support and resistance that go all the way back to XRP's first bull run in which it crossed the 3.00 dollar mark (A 12X if...
A strong support line has stayed intact for 24 days, recent bounce off support signals strong upward trend. Additionally during the most recent down trend, each level of my fib retracement has met bears with bullish resistance. Will an upward trend coupled with bullish buy ins along Fib Levels lead the market to a LTC above 100$? Let me know your thoughts on this!