Posted a chart last week, and return to see it still holding the line. I expect at least a couple big wicks trying to drop further, then a breakout possibly in the next month or two.
I think the trned has shifted enough to allow for this potential H & S formation to form, but not complete. People will short, bitfinex/tether will have an impact but there will be support at the neckline or just below. Then I believe either a gradual sideways trending up or an actual big push towards 6k
Just a conservative estimate for August price range, has the potential to go higher on pump expectations for halving
Three most likely options as I t see it. As this is end of US day there could be a less likely 4th option of sideways. Seems support has been building at neck line. but resistance is also strong. Im personally long from yesterday's dip, and from October. If BTc falls more xrp seems to have established itself enough to recover from general market downtrend to...
Gann Fann applied to XRps recent moves. A break of 1/1 signals further decline possibly to .000078 range barring any news or other market factors.
Im expecting xrp/btc to follow the same pattern it has time and again. the range is condensing and it will break to the downside. It will find support at previous buy levels then bounce again. This is supported by fibs and gann fann
Btc is at supply again. It could bounce back to 6800-7000 within the next week. However if 5800 is broken there's a possibility for a drop to 4k
looking for retest of 7000-7230ish then return to up trend for second half of the year
been makin bank off this entry is key, but basically pick the bottom and pick the top (super easy right??). Also scotch
break out of box likely up, break down and possiblydown to 6-5k
I have entered speculative longs from 9500-9600 since yesterday. I may add more if this support firms up and look for return to 10-11k range for next the next week followed by potential breaks above 12k in the next two-three weeks.
Support here and its been consolidating after breaking 10k. I m looking to enter some longs staggered from 10650-10550
LTC hit the 50% retrace of its big move. Looks like the 5th wave of an elliot wave is inbound now. These are generally the same as the first wave up. Fifth Waves (Wave 5) Fifth waves tend to be less dynamic and display slower speed of price change than the previous waves. It will usually be accompanied by lesser volume and breadth. Of course, if the fifth...
Looks to be bouncing off fibs. i randomly drew the three humps before after the second bottom, and it seems to want to continue. just a fun little lets see wtf happens.