LTC/BTC *Chart Pattern Identified* descending Triangle = bullishwe have one more leg down I think.
we may not hit the .618 fib exact. so laddering would be ideal.
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Im looking at the 1.0 Fib extension to kinda stay realistic, this coin is CRAZY bullish and MAY pass the 1.0 Fib.
but we will handle that when we get there.
Im seeing all of this as an impulse of 5 waves OR and ABC move up.
cant really tell yet, but one option is the Head and Shoulder Bottom, this MAY hint at a bear market bottom as it is a very common trend reversal pattern. But we wont be able to tell if we bottomed yet.
I hope this helps!
Cryptosuf
NANO - rising wedge this could be a rising wedge. or we can just SHOOT up through this.
just wanna show this to everyone to explain to be careful. overall the bullish daily chart remains the same IMO
Cardano ADA/USDT - falling wedge im long ada/USD and ada/BTC both look good in terms of timing for a move upwards. this is a 4 hour chart showing a rising wedge complete OR almost complete. Can this just DUMP from here? of course it can and it may lol. but we have to go based off TA and this chart pattern is very strong.
this can be a ABC correction and continue down more.
OR this can be a 5th and last wave up before a new correction starts.
XRP/BTC - another shot at analyzing this lollooks like we fell from a rising wedge, to a channel. This channel has held price inside of its boundaries for 120 days so it seems to be a solid channel to rely on. What I am expecting is a bounce to the top of the channel then another lower low. We could just break out here but the more probable thing to do is hit then channel for wave E.
BTC/USD - My master count - Impulse? or Correction?This entire move up could be an impulse and we're finish up wave 3 right now... or this could be a corrective ABC bounce and we're likely finishing the entire move and going for a new bear market low.Theres so many cases for both sides and IDK what to chose. the good thing for me is IF I am right about this. both C and 3 would start falling at the same time... now from there we just need to see if wave 4 falls below wave 1 territory. this would invalidate the impulse 5 wave count as wave 4 can NOT cut into wave 1 territory. This would be a clear indication that we are not in an impulsive 5 wave move (or I just counted this entire thing wrong).
So what do I do from here? I will look to go long at the end of this current YELLOW ABC, this will signify the end of ORANGE wave 4. From there I plan on riding the wave upwards towards the top of ORANGE wave 5.
That will be where I plan to short. (the pa can vary and I will update as time moves on.)
from there, At the top of BLUE wave 3 or BLUE wave C, I will short and watch price action to see if we have a ABC or a 1-5.
thats about it kids. I hope this helped a lot!
please keep in mind this could be wrong and I'm not an expert, but this is what I see happening and this is subject to change as new data develops.
good luck and msg me below if you wanna join my group ;) drop a comment below, Like this post, follow my trades and share this post.
Thanks!!
XRP/ETH - RIPPLE ABOUT TO GO CRAZY!!!!XRP/BTC is going to POP!
XRP/USD is going to POP!
And I decided to check XRP/ETH and WOW!
A cup and handle that has been forming got over a year?!
WTF is this?!?
+ We are about to hit the .618 Fib to finish this handle!
more implications that we are about to go up BIG TIME!
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I hope this helps you guys and please always stay safe!