It seems we may be consolidating into a triangle pattern on multiple time frames before we push higher. I like the current set up as the RSI has moved lower, and we seem to be garnering support in this range. At the moment, XRP is back below .30. Barring a broader market sell-off or the usual XRP shenanigans, I think we keep it range-bound in the triangle until...
I am by no means an expert at this. XRP's price movement has been discouraging, to say the least. While I am enjoying the prospect of a bull market in the near future I need to see some serious conviction from this coin. While there are historical (technical) similarities from the spring and into the summer of 2017, I think XRP needs to move convincingly higher,...
Just my amateur charting of where we have been and a possible guide to how the future could play out.
Bang up week so far for BTC, problem is few of the other major cryptos have followed. ETH has been wedged in a sideways pattern throughout the BTC run, and I am beginning to wonder what the future holds if/when BTC makes a necessary and healthy correction back into the 3000 territory. Two thoughts 1) Money moves from BTC back to alternates as "good buy" options...
So, I am new to the Tradeview platform and do not trade forex/crypto full-time. However, I love playing with the charts and seeing if an idea works or fails based on the trend I am seeing. I have been shorting Ether for about the past month and was taken by surprise on the recent breakout. Nonetheless, in the spirit of embracing reversals, I have decided to watch...