Haceru

Haceru Updated 

Looking at the market depth on Bitstamp, if anyone dumps 40 millions XRP now, it will obliterate the price back down to $0.10. There are 38 billion XRP in circulation ... and a huge bearish divergence

Haceru Updated 

This is the question around $13300. This is a major level to watch: it is the Fib level, intersection of an uptrend line with a downtrend line and it was tested before a few times. Whatever will happen here, will give a good idea about the following days. It can either continue down to the next Fib level around $11k or go up to the $15k one. Let`s see

Haceru Updated 

Interesting formations developing for BTC. A double bottom on the 0.38 Fib around 13k, followed by an inverted head and shoulders in the making. Resistance is the down trend line (at the neckline level) from where I expect it to retrace to form the right shoulder. If confirmed, it should break the neckline and test the 0.23 Fib level above, around the 15k...

Haceru Updated 

Looks very nice on the chart ... the shoulders which in fact are triangles in up-trend and down-trend respectively are forming between Fib levels. Now the price is in between, so it should go down again to test the 13k or even more down to the 11k Fib levels

Haceru Updated 

It seems the "battle" is fought between the 0.5 and 0.382 Fib levels at $10200 and $12400 respectively. A close above any will most likely trigger a small up movement. Let`s see

Haceru

Let`s see if this plays out more or less; good target $250. For the moment it seems all the markets are following exactly the pattern of BTC. So, let`s keep an eye on it for any clues :)

Haceru Updated 

It can be seen much better on the 3 minutes chart ... triangle in a down trend, head and shoulders (actually forming at 2 levels) ... main neckline and support at previous ATH, $1.10

Haceru

As a trader, I have the "nasty" habit of seeking patterns, to try to be ahead of the markets. This is what I found following the last days of XRP trading. And to make matters even more interesting, today is the 5th anniversary of the XRP Ledger. Do you believe in coincidence? ripple.com

Haceru

Looks like one ... let`s see :)

Haceru Updated 

The only coin that didn`t show a bearish divergence while all the others (BTC, ETH, LTC) did. On the 15 minutes chart looks like a good bullish reversal.

Haceru

All across the board the crypto-coins took a beating today while BCH was pumped big time. Are we witnessing a transfer of money / price (or at least a leveling off) from BTC to BCH along with a major correction of all the other alt coins or just a small bump on the way up?

Haceru Updated 

Broke the ATH at $348.19, jumped above the up trend line, all oscillators are pointing up. Looks like a good wave 5 to upper highs. Good luck

Haceru Updated 

Just a theory, let`s see how it plays out

Haceru Updated 

This is a very long shot, but is the best I can come up with now based on what I see. Very curious if this materializes; if so, there are two legs of nice profits b ($285) to c ($335) and d ($270) to e ($350) to be made. Good luck all

Haceru Updated 

Possible breakout attempt - inverted head and shoulders, neck line broken, trend resistance broken, MACD cross

Haceru Updated 

1h chart shows a very nice bull trap. Trade wisely !

Haceru Updated 

If we are to be in a triangle / pennant formation, we are looking at multiple possibilities here ... the levels are $0.717, $0.68 and $0.61 (lows of the candles)

Haceru Updated 

There are a lot of ideas about a bullish flag / pennant forming for XRP, however at a closer look the lower edge never touches the pole of the "flag" thus it is only the trendline resistance line (even so, with great extent). Based on the other indicators, like RSI, MACD as well as the market depth and the fundamentals behind XRP, I would be saying short. But,...