People really like this coin. Bear in mind that only a few will get rich vs the majority (fool's theory) - stay safe. I believe we will see a major pull back that potentially scares out traders - not to be pessimistic here and I've learned my lesson: never underestimate the power of the people
Hi everyone, Quick XRP Price & Trade Update! Kind regards, Noel
Hi everyone, First video here, hope you like. Let me know what you think! Kind regards, Noel
Hi everyone, Sorry but forgot to show you the pattern of a rising wedge: www.google.com For those interested, chart patterns can be helpful :) Kind regards, Noel
Hi everyone, ADA seems to give good indications of a bullish continuation. We did see a break out of the ascending channel however respected the Daily & Weekly support zone . Resistance zone is still in play but there's a good chance that we break out of it, when is anyone's guess but when it happens we can see greater highs again! In the short term we might...
Hi everyone, As all coins (or almost) were retracing bullish we now have a consolidation with a bull flag in the making. It has to be seen which scenario will be validated: - The continuation of the ABC correction and thus possible retest of the weekly 70c support zone -» this could be confirmed if the bull flag breaks in a bearish way, thus failing. - ABC...
Hi everyone, Not to spread FUD or something but with all this bullish sentiment we might overlook/forget that there's always 2 sides :) Triangles or whatever pattern/trend you find can break up or down. I know this won't be liked by many of you but markets are what they are. Respect is what counts and traders need to have an open mind for everything Just have...
Hi everyone, Markets seems to be indecisive and with the current price action we might have to consider multiple scenarios. As traders and investors it's very important to have multiple scenarios in mind so we can be fully prepared, or at least, as best as possible! The ABC wave could be still in the making, with B Wave already ending (thus didn't extend that...
Hi everyone, It's really going to be tense till where BTC will retrace before doing a potential reversal. It's to be seen if we continue breaking up and if we do then the ABC correction is invalid. If not then we continue with the correction before making any new AHTs and thus continuing with the bull run. BTC hasn't made a significant correction yet and in...
Hi everyone, Seems that B Wave is extending even more - targeting 1.7 on the trades. C Wave could then retrace to the weekly support zone of 70c before we go back in the a bull run to AHT. No financial advise ;) Kind regards, Noel
Hi everyone, Correction wave is playing out and seems Wave A went deeper then expected since we broke out the triangle - you could say bear flag depending on how you look :) After that retrace to previous resistance, that will be Wave B, It's to be seen how high it retraces but it shouldn't overtake Wave A. After that an even deeper pull back towards 70 cent...
Hi everyone, 40% correction - welcome to the crypto world! Time to accumulate more :) Short term trades, targeting 2.5 dollars We will have to wait until the daily candle close to see if we have a valid hammer that could signify a bullish reversal. That would be start of the bigger wave 3 on the weekly chart. Kind regards, Noel
Hi everyone, In the previous post we were discussing a possibility of having a deeper Wave 2 and this is now the case. Price dropped to 90c-1dollar support zone , not what we wanted or expected but gives a nice buy opportunity. After that maybe a period of consolidation before moving on the the larger Wave 3. More long trades opened to lower average buy...
Hi everyone, Honestly don't know what to make out of this chart. Small support zone around 20 cents if we break this maybe capitulation to the next support zone. No utility in this coin - but who know really? Kind regards, Noel
Hi everyone, On the weekly chart we can see a potential Elliot wave forming up. Wave 2 is in the making and since the price seems to start breaking down/out of this triangle, we might see lower prices before going up again. Wave 2s can be very deep and this could bring us back to the 90 cent zone what gives a great buy opportunity before we head on Wave 3. Will...
Hi everyone, Here's the potential Elliot wave in the making - it usually extends to the fibs but please don't take the prices in this chart as a guarantee. Price doesn't go up or down in a straight line but in this way we could get an overall picture. Elliot Wave Theory remains a theory but it has very solid grounds, take in mind that the these waves contain sub...
Hi everyone, BTC seems to start breaking out in the lower trend channel and we might see a retest of the previous support zone. However it depends which trend line we use, that's the catch -» we can draw trendlines in different ways. If BTC holds the trend channel then we should grind our way up to newer highs. If BTC is in a bearish rising wedge, then we...
Hi everyone, XRP is consolidating around the support & Fib zones -» multiple long positions were opened. We expect a bullish move and are targeting the AHT. We might see a bearish move if the price doesn't hold those support zones and the triangle, then we might see sub dollar prices -» more to buy in. Weekly chart shows a support zone of 70 cents, something to...