Please note, this analysis is done with Coinbase as the data provider, and XRP has only been on CB for a few months. This does not give a clear historical perspective, and I encourage you to look at it to be completely informed. Seems XRP may have already clearly painted a wide and bullish channel it will be travelling through. Keep your eye on XRP!
Ethereum is looking very bullish, with only a short time before confirming the end of the correction and resuming bullish impulse waves within the larger Wave 5. After the descending resistance line (in pink, from 288-270ish) is breached, now at 277-275, I expect a small patch of resistance at the previous high of $288. Breaking the line should bring bulls to...
It will be very interesting to see where AMZN goes after their earnings call. I'm guessing positive earnings push S/P +10% to retest 1580 and 1612. If it pushes through then I would target $1,840.
Wow, what missed trade opportunities I had... :(
Just drawing some lines. We will have a much better picture after more earnings are reported.