Ali-Shachi

Ali-Shachi

As shown on the graph a H&S pattern can be seen. The yellow horizontal lines are proven supports and resistances and the trend lines are also visible. We can expect a drop to the 1907 to 1917 range. I expect a sharp drop and activation of pending buy trades and after that a similarly fast upward move.

Ali-Shachi

As predicted in the past two ideas that I've published sub-waves (iii) and (iv) have been formed and we are currently surfing sub-wave (v) of the third wave. My TP is close to the 2 Fibonacci extension level of waves (iii) and (iv) which is displayed on the chart (purple rectangle). I believe that after a small retracement price will try to push past 1.35$ and...

Ali-Shachi Updated 

As I have said before in the linked analysis wave 3 of this bull trend has started. As you can see in the chart sub-waves (i) and (ii) of wave 3 are completed and sub-wave (iii) is halfway through. sub-wave (iii) will end at the shown zone between 2 and 1.618 Fibonacci extension levels most likely at the same price wave 1 ended. after a short correction which...

Ali-Shachi

A clear H&S pattern has formed. We will see a rapid increase of proximity 0.14 $ in XRP value which will happen in less than 2 days after price hits formed neck line. please comment your thoughts and questions.

Ali-Shachi Updated 

We currently see a clear example of Regular Flat ABC correction wave. we can also see a number of 1H hammer candles and a forming 4H hammer candle which indicates a great resistance in the 1.06 to 1.08 area which is just below the 0.382 Fibonacci level. these facts indicates an incoming pullback and start of wave 3. Here is a copy of the guidelines: Regular...

Ali-Shachi

1200$ correction incoming Overall I'm very bullish will see 50k in 2 or 3 days