texdevo2

texdevo2 Updated 

DGB has broken key supports and is now setting up a bull run. Lets see where the first blast takes us as it is moving fast.

texdevo2 Updated 

XRP frustrates us all I am sure! I am sure tired of the negative behavior. Looking to break key resistance at .1820

texdevo2

I am probably going to regret this , but I am calling the BOTTOM! July 26th 0400 UTC .0000601 A rising Leading A and finding support at the previous resistance .00006985 and above the cloud! With little to no volume we should follow the up trend and might see a sharp correction .00006773 support before starting back towards support over .00007

texdevo2

Heading into the 3rd wave up from the harsh correction. My optimism always comes out in the charts it seems. This wave will test the 796 resistance line with potential tall shadows to 825. 20% - 30% rise (We could see resistance from the Red Cloud at the 721 level which would be supported then again at the 676 support) Quick correction back to the 722 long...

texdevo2

We have a long term trend line crossing! We broke out of the short term down channel and rose above the 2 month down trend line! On the Ichi - Looks like a sideways pattern until the 30th and we will be above the clouds. (Unless of course the powers decide to go)

texdevo2

On a 2 hour chart XRP found support on the uptrend line and from the Ichi Leading A cloud. Wave 2 should present itself after a climb to last nights high.

texdevo2

XRP looks like it has a chance to recover today. On the 2 hour there is upward movement through all previous resistance and channel down trend.

texdevo2

Wave 4 on the move/

texdevo2 Updated 

What a ride! Do we have a bottom? Ripple just seems to dribble lower. Added the Ichimoku to the 4 hour chart. We have a dangerous cross forming. Conversion line (Blue MA) has turned toward the base line (Red MA). Price is now hovering above the Base line and the Leading Span B is below the Green Cloud. Adjusting the long term trend lines Ripple is truly at a...

texdevo2 Updated 

We have broken the down trend and confirmed lift off. We shall see what trends set up.

texdevo2

Well we have not seen a pop for wave C. I extended my B to yesterdays low and tightened up my potential trends. With so much Fiat moving into the market this week and TODAY! It will be moving around! XRPUSD moves first by about two days. IF we do not get the pop by the 24th I am pulling my position and will be reluctant to move back in.

texdevo2

Taking the channel and slope of the previous step up resulted roughly a 75% retracement each time before sharp incline. 60 days. 3900% The first signs of moment lasted about five days before a significant 55 day climb. followed by a 75% retracement over 60 days! If we are to see a cycle develop I feel we will see the first break of the consolidation triangle in...

texdevo2

XRP is a frustration! I have stuck to the day chart as the long term trend is less clouded and we can see the true trends. RSI has popped over the long term down trend and if we see the wave C pop over the next day we should test and "break" the 21 and then shortly after the 77 day trend line. After testing for support we might have a solid move to the upside....

texdevo2

Taking a step back for the week on vacation! Looks like nothing happened but more consolidation. Looking at the daily closures we can draw intersections when the daily crossed the weekly and can see the two long term up trend lines. We are letting the 77 day * (might switch to 90 days (banking qtr) day catch up to the rush! We are now under the 21 day 7 day...

texdevo2

Looks like a new upline is forming. Working on the up trend channel!

texdevo2

Looks like another good entry point for ETH setting up. If it forms the reverse H&S we should see a test of the down line resistance. Long term we are in a nice consolidation pattern and should see a turn to the climb in a few days.

texdevo2

Well after adjusting angles for the last bounce I think we will be seeing a reverse head and shoulders and a confirmed support at .00010000 satoshi. The recent down trend was broken and supported off the previous down line at the convergence of the long term up trend line. Where OH where will Ripple go? Last good entry? Comments and suggestions?

texdevo2

WOW! It is going to be a bumpy ride. With the first legs up I analysed again and think I have found a good pattern and path. We should be at a great entry point. Next leg up I forecast not to finish the cup but on the next leg. I think it will surprise us! RSI is holding above 45 which is bullish. MACD is riding high and should turn back to upside anytime.