This is based on Fibs and a fractal. Minus the fractal, I used this same method to predict yesterday's impulse to $17.40-ish to near perfection. The timing may be off, but if we leg up again, and I believe we will, the blue region (approx. $22.12 to $23.13) is the final TP for the next impulse before a retrace to the 0.618 or so. I'm also assuming the start point...
A downward channel appears to have formed on the daily chart. Whereas $10,000 to $10,500 was the previous and impregnable resistance, bulls seem to have backed off. $9500 is the new $10k, and price seems to have tarried in the $9150 to $9400 range, which previously looked like a neutral zone between bears and bulls. At the moment, we are rejecting off that $9150...
This is in a downward channel with a period of two to three months. We appear to be coming down from a local maximum, with approximately two to four weeks until another bottom. When the price gets to the bottom trend line, it's time to buy. Then watch for a retest of the upper trend line. Sell, or wait for a break out at your leisure. Happy trading! For fun,...
The whales are evolving into cows and crawling out of the ocean, lowering the water levels for everyone, and they're not done!!! We've hit the level we were at just before the run to $380, and there's more room to fall! We're under 50 on the daily RSI for the first time since the courier news came out in court, and there's more room to hit oversold levels! $240 is...
Very simply, I've seen ascending triangles like this one pop before. The RSI is climbing, but not oversold, and XRP is still below $0.25, which was long-term resistance, and has been climbing back to that level in spurts since the drop to $0.18 or so. Expect a pop in less than two days. If it can run and close over $0.25, XRP may be poised for another long....
Within four to five hours, this chart should break down. It's made lower highs and lows over the course of the day, since the break of the big Tulip Trust news earlier this week. Volume has trailed off. The last low sits on the 0.236 Fib. Without another big news story before the next morning, this should continue to drop. I believe it will, at least, wick down to...
The flag is short, but looks like the real deal. Volume is down, but price is consolidating.
XMR:BTC tried to push through longstanding resistance (~750k sats, 26 Aug 2019) recently, which it has only pumped above once (18 to 19 Sep 2019) since on the daily, not counting wicks, or 6 to 7 Jan. The push was rejected. MACD looks like it wants to cross over and take a dip. May get to 740k sats again before dumping as low as 650k sats again. At ~722k sats atm....
BSV broke out the descending triangle and edged above the next, horizontal support/resistance line at $110. Expect to hold this position briefly before bullish ascent to $140 over the next few days. To reevaluate after $140 level reached. Invalidated if $110 breached on the downside. If broken, $100, low $90s, low $80s are potential stops.
Possible descending wedge forming on the daily with a convergence point which lines up nicely with previous support. Expect a bounce here, with long-term prospects unsure, but probably in line with BTC. If BTC reaches its' bounce point concurrently, expect a big pump.