RudRish

RudRish

The 3 green circles representing the inverse H&S. A pattern playing out within a larger pattern of a Cup and Handle. Signalling a possible Bull rally by year end. Breaking the RED downward trendline being foremost.

RudRish

Should XLM break the red trend line as drawn ((shown here from June 2018 till date), I expect it to hit 0.094 to 0.098 range and correct itself to 0.07 to 0.074 range before starting its upward journey to 0.14 to 0.16 before the next resistance will come into play. Am optimistic about this time.. Happy trading.

RudRish Updated 

Hi To begin with, I am no professional analyst and my TA is just my take on what I see, so please do your own due diligence and feel free to criticise positively. I think the burn of 55B XLM was a good surprise move, something that its elder brother XRP cannot counter due to their ESCROW lock in. This has ensured that the supply of XLM to the open market shall...

RudRish Updated 

Hello all, back at my weekly update and so far so good, all the movement that we were expecting as per the triangles and the resistance lines followed the script.. but now there has been a minor break of the triangle, could be a false break as I am expecting it to retrace back to the 0.45-0.46 level and then start its journey upwards.. A daily close above the 0.52...

RudRish

Back again with the weekly - part 5 of the same 1D chart outlook (with a slight micro view this time), as you can see from the chart the triangles have held and so has XRP despite the FUD and the lawsuits - but then again, its expected and people will always find a way to create FUD. What XRP is doing by launching XRP based exchanges through clients is ensuring...

RudRish

Hello again, updating my chart once again and shall keep doing so till it continues to remain valid.. We did break through the 0.49 mark that I had mentioned earlier but XRP fought back any further decline below 0.45 mark quite well and continued to stay there, consolidating its stand. The movement is still within the 2nd triangle but is now moving closer and...

RudRish

Hello All, I have been publishing the same graph with some minor additions on a weekly basis - XRP is behaving well enough to be in the boundaries of the triangle even though this weekend was a good test of the bottom line.. but it bounced back nicely to be in range, we are still scraping the bottom line of the triangle at 0.47 levels, a firm break below this...

RudRish Updated 

Just refining what I had published last week.. The graphic is self explanatory I think.. expecting XRP to stay range bound for the next couple of weeks.. bouncing off the 0.49/0.51 levels to 0.55/0.56 levels. Expecting this ping pong to last for another 20 days (of course frustrating a lot of investors, just like they were frustrated when XRP refused to cross the...

RudRish

Hi, Am a semi-noob but am quite happy with my charts, they have done well for me in Forex and in the Crypto world.. so thought of just sharing what I am following. IMHO we should be breaking out of the triangle around the 2nd week of July, lining up perfectly to get a boost with the opening of registrations on the SBI exchange on the 18th of July. I am of the...