Holding at lower end. Expecting a retrace.
XRP is falling into a wedge. We'll see it break before soon, and it might break to either side. Targets for long position: Conservative: above the 100EMA (green) Risky: above the 200EMA (orange) Bias towards the long position confirmed with the Stochastic RSI divergence. I also wait for further volume indicators to confirm the bias.
Confirmed also by the price having crossed the 200EMA, and the confluence of both resistance levels (200EMA & blue diagonal). Feedback and comments are appreciated.
LTCBTC - 1H candles with the RSI (Relative Strength Index) I'd wager it's caused mainly as reaction to the news of LitePay being launched this month
I see a bounce inside the corridor for BCH Tho watch out for a break below this corridor and previous minimum I have set my stop-loss some satoshis under the corridor limit - 0,16 Assuming that if it breaks from this limit, only 0,1390 is the next clear resistance
I wager that if ETH breaks the MA downward, it might get to its previous minimum - orange target A bit of a correction But then, I believe it might go up Maybe because market is overly positive Its gonna take a bit more to bring this one down But watch out, these crypto can always surprise us
This is not cool Look and draw your own opinions Cycles are closing and XRP is one of them Back to the basics: Minimum breaking Some stop losses were eaten up in a tentative downtrend, that eventually corrected There was some resistance levels about to be broken in that level, including fibonacci and previous min discussed And then the horrible head and...
We are looking at two time spans, blue and yellow, equally long In the blue timespan we saw an incredble raise +330% But split in two different gradients/moments The first gradient, more relaxed, marked with the green line, marks something very interesting: a perfect smooth gradient till the end of the second (yellow) span Leaving the second half of the blue...
What is Ethereum doing? I'm evaluating these two markets (ETHUSD & ETHBTC) in one post And the violet price line in the background is BTC In the 1h chart we are seeing something cool ETH for the breakthrough of its second max ETH for the breakthrough of its second min Kindof looks trapped in the corridor These guys seem Ethereum's new bff also Of course...
Another eye open This time for NEO NEO broke first maximum with a clear volume signal NEO against USD (blue lines) has already broken second maximum (blue max trends) Tho it's not best to measure alt-coins against USD (should not) NEO against BTC hasn't broken second maximum, yet I'm waiting for the break with relative medium volume (maintain current volume...
Eyes still open Against USD I factor out the BTC actual behaviour Volume is important still Be aware of mid (orange) volume or high (red) Tho The high points in volume are in price falls & the subtle brake a minute ago Make me feel it will fall Just a feel
ETH breaks previous min (thin grey) Waiting to see price break next min (grey) & volume to back up signal, a high volume Volume is important, very important, in cryptocurrency more so ETH is still in the low (green) volume Be aware for mid (orange) volume signal