So although I am a bullish "spectator" here in ETH, it's still having it's fun!
We ran a stream on ETH and it's current situation inside an Elliott cycle.
www.tradingview.com
We are still watching the price before jumping back in and taking the bull by the horns!
Another post on how to assess alt coins - outside of the charts! treat them like stocks.
Still...
This is what I see happening for the next few days. I didn’t think we would drop this low but now we see a clearer picture of what’s going on. Not financial advise. Let’s go.
We've lost the high currently following the same cycle as BTC. We closed out of the wedge on the daily yesterday and had the re-test of that wedge today. Expecting a bleed down to .25 to test start of trend, which is also confluent with the trend line of this entire cycle (lower yellow line), before continuation and possibility of creating a new high. We may...
Resume from my last publications and updated the trendlines.
Closed the short from 0.94 around 0.85 and added some buys, I think we're still in a bull run so I don't want to short too many times.
This is a nice 10% bounce, I would like this to be another big low, but and H&S can form here and we could see Daily 200 MA around 0.7 next week.
- Should not go below...
Bear pressure is far from over for crypto I'm still shorting most coins and BTC is falling to find any real bullish structure. I would like to see price fall towards 0.70cents, a break below would send us way deeper.
safe trading traders.
Assuming we don’t see a push down below $0.97, expect movement to $1.21 in coming day(s).
Another leg down after that move, chasing ultimately towards $1.75.
Expect XRP $1.21 coupled with BTC ~$48,500
Ok. There might be others but the only one i have spotted so far that is set for a massive bull run is XRP
Analysis was done usi ng my own methodology which i wont go in to, but its over multiple time frames and how one effects the other...so pretty thorough, using this analysis i have determined we should bounce strong, have quite a large pullback but after that...
First of all you will say that this one is unreal, there is no chance for this to happen. Yes, chances are low but its not impossible. I am not sure if you where at the floor when BTC crashed and XRP made some huge gains in a couple of days. So did BCH as well, and the news were full with headlines like "BCH will takes the first place from BTC because its much...
I am Bullish Crypto as a whole. Have been investing and trading Bitcoin since 2011.
But as a trader of 21 years, I also know for the Crypto sector to remain healthy and flourish, it needs a couple of things.
Firstly a rest, it does not mean it's changed to Bearish sentiment. However, knowing that over 70% of retail lose money & it would not surprise me if that...
Ok so now that I have your attention ;)
We broke out of the symmetrical triangle that started in April.
We are now retesting the bottom of that on triangle.
IMO if we don't see a close above 1.46 we will very likely move down again. Due to the size of this triangle the move may be big.
If we go through the 1.29 the first bit of support is at 1.13 but that is not...
XRP Fractal 2017-2019 Fractal incoming for DOGE?
XRP was the dream coin of the last cycle, it seems that DOGE is the dream coin of this cycle.
This might be even worse though because XRP at least has active developers and teams working on it.
DOGE only has a litecoin fork with unlimited supply and cute dog logo.
Whales hold most of these coins, expect...
