Droid_UK

Droid_UK

DOT has broken out a falling wedge to the upside as well as above the 0.618 fibonacci with support from a high volume node from the volume profile. The oscillator also resides in oversold territory, which proved to be somewhat of a bottom back in July. This would indicate a good buy opportunity should the price action hold around the current level.

Droid_UK

Showing signs of support from the Volume Profile POC, 0.618 fibonacci and the falling wedges breakout followed by a confirmation test of its previous resistance. It is looking like a potential buy opportunity is setting up here.

Droid_UK

XRP has seen a considerable increase in volume over the past few weeks, with substantial buying volume bringing the current price to meet the 0.382 Fib shown within this chart. It appears that the next weekly candle will open at this level - and if the current uptrend continues, will rise above. Should this occur, this will be in conjunction with 1W 20 EMA...

Droid_UK

Following my previous chart on the apparent ascending triangle, BTC did indeed break to the downside as anticipated. The triangle's support became resistance with a rejection from the trend line and subsequently seems to be forming a bear flag. The price action also seems to be respecting the Fibonacci levels. Should this trend continue, then I predict that we...

Droid_UK

BTC appears to be forming an ascending triangle - typically being a continuation pattern. Copying the flagpole in the direction of the trend shows a potential retracement towards the previous order block at around $3150 - $3250. With resistance at the 0.618 Fibonacci level and 50 EMA, as well as the decline in volume - it is likely that the price will break to...

Droid_UK

BTC appears to be forming an ascending triangle - typically being a continuation pattern. Copying the flagpole in the direction of the trend shows a potential retracement towards the previous order block at around $3150 - $3250. With resistance at the 0.618 Fibonacci level and 50 EMA, as well as the decline in volume - it is likely that the price will break to...