This last little black triangle fits perfectly with the descending yellow line. There is a nice short opportunity to 1€ if a breakdown is confirmed.
In a case of breakout, the price could go touch the major descending resistance. In a case of breakdown that could be a disaster that could go down to 0.5€. We have almost 0.95€ of potential moving which is very huge...
Hello, We are clearly on a descending chanel. After a bull race, Tezos is going down to a strong bottom, as bitcoin did after Dec 2017. Breaks on the channel can happen so don't forget the limits as Tezos is very volatile.
This is an update of the last idea, I forgot to draw the was of the descending chanel sorry. Lines are very paralel. The 2th of March, we'll have to check if the price break the chanel, if it's not it can be a short opportunity to the bottom.
XRP is falling again to the bottom. It will be directly like ABC scheme or maybe it will take longer. A lot of traders are predicting a moon within 2, 5 or even 30 days. We are in a big descending triangle for two years right now. We will not break it so easily before the end. As the end of this triangle will occur the lowest bottom, it will be a good opportunity...
On short term, I do not see XRP long on my chart. Maybe it's because I use Kraken based chart but I see we are still under the big resistance of the pink triangle. And all the Stochastic / RSI are overbought in all chart. Only 1W chart is ok with these indicators, but 1W chart is for long term trade... I see hundred of charts only based with horizontal lines, no...
Hello, Relating to the last chart, we are approaching the pink line of the descending triangle. Looking at the stochastic : Overbought on 1H, 2H, 6H, 1D, 2D, 3D chart. Looking at the RSI : Overbought on 1H, 2H, 6H, 1D, 2D, 3D chart. Looking at the EMA : We see that the pink line crossing can correspond to a golden cross, that could validate the importance of...
I've seen a lot fo charts based on the crossing of the blue line of this chart. I'm not confident that the 2 years triangle is made with the blue line, but the pink line. Indicators are showing a Stochastic near to 100 and a double high with the same indicator. I should target something like 0.255€ - 0.26€ and sell at this price. Then I'll try to short with pink...
XRP got blocked today by the small blue and crossed resistance that is acting as a pump support for testing the big one in pink. Stochastic shows overbought and I'm thinking about its future scenario untill the good one. On the 4h chart stock is oversold, that means on short term we will continue to climb. A good target should be 0.26€. Then if we don't cross the...
We have broken the mini descending triangle in blue, but we are still in the big one in pink. On the 1W chart we can see the Stochastic is still very low (oversold) so we can imagine the price reaching the pink resistance in the following days/week. The EMA lines are still showing that we are not near a golden at all. So, after a quick visit to the resistance, I'd...
Hello, Pink Bull flag is still not finished or crossed. We can see it better on the 1W chart. The blue line is drawing a good support line on the last downtrend chanel. It can be a nice middle race bottom for the next move.
We can see it already happend yet in this flag. We see a new double bottom on the chart combined to a morning start set up at the support line. I'd see a final resistance retest and then a come back to the support... and then the bullish flag will have to get confirmed... or not. Volume is very low right, the next move should be faster than usual.
Our actual weekly candle started at the good position for a morning star setup. If we finish the week into a beautiful and green candle over 0.23€ we'll have a nice morning star. Stochastic is low, and ready to go up. Macd is not the best and still landing to alsmost neutral for the end of the flag. We can also notice that the support is overused nowadays, like an...
The 1W view is confirming the 0.20€ support as a major support for years. Macd is making is way to 0 for the end of the flag, and by the down! Stoch is now descending too, the best should be a 0 value at the end to confirm a new cycle starting by bull movement. It is more than a two years flag, the movement has to be huge. Which side? The future will fix us soon!
We have seen the price break the 0.20€ support on this last week. Then it came back again over it and seems to stay, with a small wave visible on 1H chart. The descending parts seems to get blocked at our support. If in the few hours/days the price is going back under, it will be a stronger short signal than MACD and Stochs which are actually showing something not...
XRP has broken the support line, and so the huge bullish flag is not correct anymore. We can imagine this new descending channel with a wave bottom at around 0.17€. If we reach this point in the next days, the stochastic will be at 0, and so ready to climb. After that we have two resistances crossing, if the price breaks the two at the same time, it could be a...
On the stoch side, the indicator has a very low value, if we look on the past, it has been a buy signal any time for XRP on 1D. We also reached the main support, which is also a classic buy signal. This could be the bottom of a huge bullish flag started in june 19 and finishing in March 20. That could be a classical and logical trade scenario. But one the other...
We are in a big descending triangle. The support of 0.75€ is very strong and we can imagine a bull period at the end. Nothing interested is going to happen for weeks right now.