time does not exist patterns exist fractal, fibonacci, frame in time how many patterns can you find?
moving averages about to cross back into upward momentum
questions are valuable and worth exploring you do not need the answers only the ability to ponder - could it happen? - sure its a 1.4 trillion dollar market cap but what are we going to use as a measurement of wealth on the planet going forward? - could the $USD proof of debt protocol with unlimited supply suffer some dramatic price corrections? - can the...
XRP TRIANGLE APEX POSSIBLE BREAKOUT TRADE
declining volume to apex macd in oversold how does this play out?
triangle consolidation patterns for bitcoin a breakout could trigger a nice move to the upside
volume and price optimal for bull flag pattern break out. of course the market will decide
5 wave elliott corrective wave triangle formed with volume confirmation for pending breakout. measured flag & pole suggests a move towards $10 it should not be long before the pattern breaks to a new direction.
ending corrective as continuing confirmation of normalized up trend.
all signs still pointing to continuation of up trend.
bitcoin establishes support with diverging moving averages and higher lows. uptrend is likely to continue
nice formation to trade if it breaks out
verge looking very good for a measured move on the next leg up.
in a very short time we shall see if XRP holds critical support. next hurdle is a break of the MA lines and on to new highs. the channel rejection looks like a positive sign. the moment of truth is at hand.
stellar looking stellar. a breakout of this bull flag should trigger a substantial move up. no targets implied. just a big wave to follow.