Looking at the run-up to the previous bull run(s), very similar movements can be observed. Last chance to buy at low levels before the 2024 bull run starts? 0.54 tot 0.42 candle looming at the horizon. Get ready to fill your bags.
Confirmed SEC twitter hack... Perfect timing !!!!
This pair broke out of the triangle, retested it and made a move upward... As a nest move I would expect a retest of the 0,5 fib at 0,265 USDT before moving up in al 3 drives pattern all the way back up to 0,04 USDT before any real retranchement. A deep drop back down into the triangle below 0,0254 would invalidate this theory. I'd put a SL at 0,025 for this...
After completing a double bottom pattern (1st bullish indicator), this pair was expected to start going back up. As a result of this action this pair also broke out of the triangle formation, resulting in een bullish sentiment, driving the pair upwards. If one would heave missed the 2nd chance to buy back in at 0,019 after taking profit at 0,034, this is what...
WSM dropped from the retest of 0,034 as expected. A healthy retrace to 0,02372 USDT = smack in the middle of the .618 to .786 fib formed by te rally from 0,01858 USDT. Nice bounce of this fib, as expected, seen the massive bullish RSI divergence. Possible scenario: A start of a new 3 drives up pattern starting at 0,0274 USDT to retest 0,04 USDT after the 3rd...
Looking at the 15, WSM is at a crossroads right now. A 3th drive up in is probable, thus bringing WSM up to 0,0375 USDT to 0,039 USDT before any new retrace. Otherwise is a SHS pattern still in the cards dragging WSM back down to 0,022 USDT and lower to retest the bottom at 0,0187 USDT, thus maken a double bottom, what would be a bullish indicator to. Staying...
Trend analysis - 0,29 by the 13th, then drop further tot 0,22 for great buy (0,22 to 0,17 target for buy)
XRP following te downtrend channel + completing triangle... 1ste leg short to 0,29121 Looking for a buy in the 0,22 tot 0,17 region
Hold on for a drop..... I think we could be in for a buy chance a lot lower
XRP finaly broke the triangle to te downside, could possibly explore the .90's depending on what bitcoin has in store for us (not looking so great eighter) Great buy opportunity for XRP after this, i'm stil bullish !!!
Looks like there is a chance that XRP could be forming a H&S on the 1h. This could send XRP back to 0,78, for a nice buy Any toughts?
It's all in the chart... Great buy @0,55usd
XRP still on track with previous Eliot wave analysis .... On a larger scale still in good shape to form an inverse H&S with breakout to 2,30usd... On a smaller scale XRP is forming an secondary inverse H&S to complete rhe large scale inverse H&S Anyway.... long is the direction
Double bottom test at 1,20 - We should go back up Still on track with predicted Eliot waves... And this pair looks like it could be forming an inverse H&S with possible breakout tot 2,50 on the 1h and 4h Time will tell... Not trading advice DYOR
Al small revision of my previous wavecount where I stated that we could expect sthe start of wave 5 in the second impulse channel. I was wrong, as a retracement of wave 4 below the top of wave 1 invalidated this wavecount. Happy to say we are riding wave 3 up to 1.88 at this time... Just need validation with a clear break of the triangle and tuning 1.63 into...
The SHS on the 15min with the drop down followed my analysis perfect !!! The black drop-line was drawn yesterday --> and this night the price followed as predicted... This schould have been the end of eliot wave 4, XRP should start to go up now to about 1,75 Not trading advice DYOR
XRP just completed a SHS on the 15min wth a clear break of the neckline.. We are still on track to 1, 47 where we will bounce of the neckline of the earlier INVERSE SHS as stated in my previous updates Not trading advice DYOR