Get started

Targets

BTCUSD Long Term Chart Patterns WXY Correction TargetsBITSTAMP:BTCUSD In this video I look at chart pattern possibilities, including the text book break down from the recent Inverse H&S Pattern reaching its target to the tick! This target hit the ATH 50% Fib., to the tick practically! Also, I highlight the potential Inverse Cup & Handle Pattern I'm seeing develop. As of this report $BTC has retraced 50% from swing high($12,473) to the local swing low($9,825.xx). Should BTCUSD retrace past this 50% level(higher), then Inverse Cup & Handle pattern should be considered invalid technically. Anything greater than 50% retrace on handle should nullify this pattern, Inverse or not. If Cup and Handle plays out, a target of roughly $7,500 is considered! This puts BTC price close to 61.8% retracement($7,143.99) of March-August Rally. I propose a WXY correction to achieve these targets! WXY Fibonacci Extension Targets for "Y" Of course this is purely hypothetically speaking should the "X" pivot hold as I report this. It's entirely possible that price can briefly pierce higher, thus slightly altering the fib. levels, in which case I'll update as necessary.... 61.8%: $9,546.59 78.6%: $9,101.74 100%: $8,535.08 123.6%: $7,910.17 138.2%: $7,523.57 161.8%: $6,898.66 (Y wave should not exceed the 161.8% extension) I interpret this as that the Y wave can in fact extend up to this level, though, should be considered suspect as it approaches and eventually surpasses the mark! In addition to the potential Cup & Handle, should that develop, there would be/ is nonetheless, an Inverse Head & Shoulder Pattern possibly developing as documented in the video analysis! I'd love to get your feedback! Also, please leave a like and feel free to follow, as I will be offering more chart analysis, focusing predominantly on Bitcoin and Cryptocurrencies. Occasionally DXY and EURUSD too! Check out TheFreeCryptoPress.Com! At TheFreeCryptoPress.Com BITSTAMP:BTCUSD There's a Code for 20% Off Top CBD Products at JustJaneCBD Boutique Online! Look for the code on the site if you wish.
BITSTAMP:BTCUSDLong
by TheFreeCryptoPress
2
BTC/USD - 25k Long Term Target?? Downtrend line break! Follow up to my video from a day and half ago and price action did play out as expected. We saw a pull back to the 200EMA and bounce back up to rest recent highs of around $11,300ish. The main point of the video is to talk about how I determine targets based on trendline breaks and measuring those moves. Long term... looking like 25K is in play if what i describe plays out. I hope you enjoy the video... give a like and leave a comment. Thanks
COINBASE:BTCUSDLong
by Crypto_Sid
2
LTC/USD - Double Bottom Target Hit - Whats Next?So we hit our target off the double bottom I mentioned in a previous video and it got me thinking what's next. Run through my quick thoughts on what i expect out of price action. Of course, i'll monitor again tomorrow morning and change plans ff needed. I think the confluence of fib level, I mention in the video are interesting and be curious how price action respects them or doesn't. I hope you enjoyed the video... give me a like and leave a comment.
COINBASE:LTCUSDLong
by Crypto_Sid
2
XRP/BTC - Where to ? Targets Set - Did a double bottom happen?Looking a the 4hr chart for XRP/BTC it looks like a double bottom put in its reversal and XRP ran off a bit. See the update below for screenshot of two possible options. I'll be waiting to see those play out over the next day or so. We ned to wait for the 4hr let us know which way we are moving at the moment. Option 1 - XRP retraces to 382 retrace and bounces to the 27% Fib ext Option 2 - XRP retraces to 618 and bounces to the 618 Fib ext
by tripjscrypto
XRP/USD - Did We Bottom - Now To The Top?This is a follow up to last nights video on XRP/USD. We saw price action on XRP push down to a low of .63 today, but was quickly pushed back up to it's current levels of around .90. The daily candle that played out is telling me that there are buyers below. Based on what i'm seeing price action do on lower time levels, i would not be surprised to see price move down and retest the 200EMA, but at these discount prices, I would expect to see some quick buying action push price back up. I hope you enjoyed the video, give me a like and leave a comment... good or bad!
BITSTAMP:XRPUSDLong
by Crypto_Sid
7
XRP/USD - Just 4 You @RusticrockQuick video at the request of one of my followers. I hope you and everyone else finds this video helpful. Overall as with all cryptos at the moment, i continue to see bearish indication across all coins and that's the same here. I think we are approaching a level of resistance that will be tested and aligns with previous price action structure. A break and close below this level could see price move towards the 2nd target without much resistance to stand it its way. However, as we inch lower, I believe the buying pressure will accumulate quicker as XRP at these levels are on super discount.
BITSTAMP:XRPUSDLong
by Crypto_Sid
16
BTCUSD - We Got Low Got Low - Is 7K Around Corner?Quick up date this evening BTC and a follow on to my previous video. Price action has played out as i was expecting and hit my 1st target and giving indication that it wants to move to Target # 2. I know it's painful to see BTC correct this much but with correct money management dollar cost averaging into positions, I believe these levels are offering up great buying opportunities. Below is the link to last nights video! I hope you enjoyed the video, like, share and leave me a comment even if to just say hi. And follow to stay up today with my updates.
BITSTAMP:BTCUSDLong
by Crypto_Sid