XRP ascending triangle with golden cross on 4hrXRP is out of the channel it has been riding in for the past couple months, looks to be on the move upward. Were the previous bottom hits a triple bottom? The ascending wedge seems to point to a greater breakout incoming, will bitcoin take a large value hit pushing people to xrp and other coins? Time will tell but I'm long on this one.
This is not investment advice, this is personal opinion of what I am seeing as what the current trend is.
Traingle
Bear Run End is Near.....BitcoinNow a days btc is going to sideways, not so much movement.
BTC 1D Chart looks like a forming a triangle, which is going to end..
We may see price of the bitcoin heading towards $7300-$7400 in 1-2 weeks, then a slow decline to around the $5,950-5,850 range .
$5700-$5850 IS STRONG very Support we all know that,
There is a support trendline , which meets near the end of the triangle ,
From this level i can expect starting of a bullish rally.
BTC Dominance increases gradually, so i don't think that the price breaks the $5700 support.
4Hr Chart looks bullish
THIS IS NOT THE END,... This is Just Beginning..
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USDCAD short following break of support
Top down analysis. Previous Weekly Candle Bearish Engulfer with continuation short this week. Rejected off top trend line of the daily bear flag pattern and price locked itself into 4 hour descending triangle and broke the support. 1hr chart shows clear retest and reject of that support showing price may well indeed target 1.3 quarter and continue down to 1.275 quarter which would coincide with bottom trend line of the bear flag.
EURUSD CHART ANALYSIS HI GUYS EURUSD MAKE TRIANGLE PATTERN ENDING SOON KEEP WATCH AND STAY TUNED TAKE BIG PROFIT(300PIPS).
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$EOS Looking Extremely BearishToday EOS broke downwards on the equilateral triangle it had been forming. Also, the bollinger bands had gotten pretty tight, and have begun to expand on a bearish candle which is never a positive sign. The obvious target is outlined with the horizontal line and the grey box. I think given the fundamentals surrounding the EOS launch, and the crazy explosion it has had this year, EOS is in for much more downfall. Any run as big as EOS's has been this year always has a hard fall and I think we have seen the top for at least some time and a bearish cycle in store. Short was opened at 0.0015742 and I will look to close at .0013177. After I expect some consolidation and I will reopen the short on confirmation of the break of support at .0013177.
ETH - Small Correction Soon Then Major BreakoutSymmetric triangle on 1d candles. 1d RSI has bearish divergence, and 1d Stoch RSI has a breaish cross. Waiting on cross of MACD. Expect small price increase over the next while, then a correction to the bottom of the triangle. We have minor bullish signals on the 4h candles. A small dip will complete the ABC correction of wave 4. Wave 5 will then come, aligning with breakout of triangle. This price movement also matches up just before major ETH developments that we will be seeing this summer and fall - POS, ERC20 milestones and Plasma (hopefully).
*My opinion - Not financial advice*
Triangle breakout cbio has been popping up multiple times on my scans playing around in my action zone between the 10ma and 30ema with 5 consecutive down days + nr7 inside day on low volume. Looks to be holding those supports quite well, triangulating and Volume has been drying up nicely. I would normally like to get in just above that inside days high but with current market timing i will wait for the breakout.
XRP/USD - XRP On Coinbase? Watch Fast Money 2morrow to find outMost everyone saw the spike up in XRP today, which i think is because new today about Ripple's president and Coinbase president and COO being on CNBC Fast Money show tomorrow (3/5). Speculation is that they will announce coinbase will list XRP. Guess you'll need to tune in to find out.
In the video, i plot out what my thoughts are in terms of targeting moves, etc.
I hope you enjoyed the video... give a like and leave me a comment letting me know if you think XRP will get listed on Coinbase.
BTC/USD-Targeting 3 Take Profit Levels Quick video with my thoughts on BTC and recent price action and what I believe will be playing out.
Quickly highlight 3 target levels and how I came up with those. I think the bulls are taking over control of price action based on the trendline break and a break of a previous significate resistance level. The question is whether we will remain above and start seeing those March Bull march on up.
If you enjoyed, give me a like and leave a comment with your thoughts.