Osemka8

Osemka8

XRP gives a pretty clear picture of it's EW count. Been going for a while, but I have no doubt it's time to shine will come.

Osemka8

Looking at the 4H TF wee see a nice bullish divergence with declining volume. At the same time falling wedge is forming. All bullish indicators BUT we haven't touched the support area below. We have two scenarios: - temporary break up from the falling wedge, rejection and test support below - break down from the wedge, test support and up we go Going straght up...

Osemka8

XDN moves very impulsively. What if this is forming? Wouldn't it be wonderful? :) Soon to find out.

Osemka8

XDN has been quiet but that's soon to change. RSI is warming up nicely. It could potentially lead to a swift move in the upcoming weeks.

Osemka8

XRPBTC has been trading downward in this descending triangle since it's ATH. The triangle ends somewhere in May. Only way from here is up. Good luck to everyone.

Osemka8

The triangle ends roughly at the end of this month. We're knocking on the upper trend line right now. Could be a wild ride. Good luck.

Osemka8

I've taken a look at XRP getting to the MA50, it's behaviour around it and marked it with circles. Needles to say we most often than not destroyed that barrier. Will it happen again?

Osemka8

BTC dominance is respecting daily MAs (50, 100, 200). Every time we broke below the MA50 with force, like yesterday, bearish scenario occured. Alts started to gain pace. Will it be the same? Well, it broke the MA50, touched it again and got rejected. Take a look at the white line above. That is the upper line of a channel BTC.D is respecting. I expect a steep...

Osemka8

XRP is grinding at the 0.5 Fibonacci retracement. It's got about two days left to break the triangle and that Fib level. On other notice DXY is aiming higher with LESS strength. Waiting for it to break and get fresh flow to other assets. See below.

Osemka8

An insight to crazy moves of the Dollar. It's been aiming higher with strength decreasing every time. Take a look at when it wicked to the white line and look back down to the RSI. It's about to break at one point. Although it's moving up, it's extremelly weak and bearish. When it breaks, we could see the money flow to other assets. Best of luck to all.

Osemka8

Since the market colapse in March, XRP has been trading in an ascending triangle and is moments away of breaking out. White line acts as support and the red is resistance: December 2019 low. This ascending triangle is a bearish pattern, the RSI is neutral. It could go either way. I'm currently more on the bearish side, with slight possibility of breaking up. Hope...

Osemka8 Updated 

XRPUSD trades in a descending channel. Red line is strong resistance, white is support. I'm expecting a move (to the upside) in 2 days. What's your take on it?

Osemka8

I myself am an altcoin investor. As an altcoin investor I want to see Bitcoin dominance as low as possible. Here I'm presenting you with a simple BTC dominance chart and it's channel. Last alt burst happened in that 13 consecutive day drop, which had us all going nuts. Then BTC took it's throne back a bit. Upper white arrow shows two descending tops, while the...

Osemka8

In my previous BTC.D analysis, I've shown you scenario which I see could unfold (see here twitter.com ). So far it's going according to plan. BTC dominance is taking a real hit today, along with USD. DXY is dropping significantly as well. Strength of the dollar is too high and it will drop. Only a matter of time til it collapses. Last time that meant huge crypto...

Osemka8

XRP breaking up from the descending channel. Possible back tap on the trend line and shot to $0.27-ish.

Osemka8

BTC dominance broke and is in downtrend for the 13th day in a row. Looking at the start of alt season in 2017 (when BTC.D broke as well), we can see XRP started mooning on 2nd of April with a 180% pump. That day BTC lost 8% of it's dominance. Latest BTC.D downtrend fractal shows we could be roughly two weeks away from a massive XRP upward move.