This is not fincancial advice, only what I see on the charts. Bitcoin had a nice move upwards, just onto the golde .618 ratio and price action looks ready for a correction. In my opinion, a correction towards 32K - 36K is probably in the making. Time for money shifting into alts?
This is not financial advice, only what I see on the charts. If we look at the weekly chart of XRP, there is a huge Dragon formation formed, spanning over multiple years. Price action is now moving between a narrow space of support and resistance and at the low of the rising channel while Stoch SRI is getting closer to a bottom. Once it breaks resistance and...
This is not financial advice, only what I see. Weekly Doji candle and Stoch RSI bottom reversal sign, upcoming weeks should be better for XRP.
I wouldn't get my hopes out on Bitcoin. This looks like a bear flag, if it can't break out from the weekly 200MA it'll break down to the next support area around 13K. This is not financial advice, only my idea.
The accumulation is taking longer than what I first expected but, it is still forming a Wyckoff accumulation. Instead of a schematic 2 formation it is now into a schematic 1 formation. I see two scenarios: Spring could still be forming so first some more down before reversing, but as RSI was already oversold we possibly already have our spring and could be...
BINANCE:XRPUSDT Let's accumulate, the chart explains itself.
BINANCE:XRPUSDT Are we getting that retesting again? If we hold, let's go to the .618.
What a beautiful retest, let's keep going out of this range
Previous butterfly pattern failed to reverse and price action is weak on BTC, however there is a black swan formation now and Harmonic patterns have a 80% succes rate. Will this one behave? No financial advice, just sharing what is spotted.
XRP seems to go into the latest phase D of accumulation period. Let's see if this plays out, no financial advice. :)
Looking at Bitcoin, I think it will go up until it finds resistance at around 7800 and then go down to do a retest at around 6200. From then on it could be a rocket. Not financial advice. :)
RSI is still bullish and XRP price is at the important consolidation level. Price hasn't dropped beneath this level for a very long period, it has proven to be a very important support. So I'm still expecting a move up to the 0.36500 - 0.38500, then falling back to the 0.3400 - 0.3550 region. If price moves back up from there we will have a nice cup and handle...
XRP had tendence to go up in value. We come from a oversold RSI and have a bullish divergence on the 4H chart. Breaking out of the falling wedge is key factor, you can see the resistance points to the upside for when it happens. Could still go down a little further before the breakout. This is not financial advice. :)
Hi all, Bitcoin is getting resistance at the downwards trendline. Could still go both directions, volume is going down. Wouldn't trade it untill it's getting out ot the triangle.
So the breakout wasn't the positive one, we are also moving beneath the Ichimoku cloud which is a bearish indicator. RSI is oversold, a move upwards is most possible at first but I see three scenario's and two are bearish. Only one could be bullish but the the price should close above 0.36472 and we would need some good volume to achieve this.