CryptoColugo

CryptoColugo

XRP loves to create giant patterns, mostly when a giant pattern breaks out we see some huge moves. Currently we are forming a giant triangle and this after an upward movement. There is not much room left in this triangle so we should see a breakout soon. Will this breakout come together with the outcome of the lawsuit against RIPPLE? probably yes Beside this we...

CryptoColugo

BTC in a giant rising triangle tested support once more. We need to break the declining resistance and then we can target 50800 ! Stop loss at 38K

CryptoColugo

XRP is trading in a big triangle formation and at this point we are just searching for a weekly higher low. I believe that it isn't a coincidence that we are in this triangle with the RIPPLE LAWSUIT. I believe this triangle will break with the direction how the outcome of the case will be. If ripple win the case i have a target of 2.5 and 3 dollar. If they lose...

CryptoColugo

We now touched 2 times major support and for now we are holding this key zone. We are in a equilibrium pattern which can still take a while to play out. If we can break this tight range bullish we are going to 51K Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform...

CryptoColugo

BTC pulled back to the breakout zone as expected. Now we need to wait and take a look how the daily candle close will look like. If we close with a hammer and hold support i'm confident that we will move to the 51K zone Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the...

CryptoColugo

XRP is holding support of the rising trend line and it seems that we are creating an ascending triangle. We also have a bigger downtrending resistance line to keep an eye on. Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so many ideas on the platform and the algo picks the one with more...

CryptoColugo

I will explain to you in a simple way what the next steps for BTC can be and how you can play this. We currently hit horizontal resistance as you can see on the chart marked with the horizontal line. At the same time we hit overbought levels on the RSI which means that the bulls need to take rest. Now there is a chance that we will move back to support, that...

CryptoColugo

I added a few important resistance zones on the chart for you. We need to break 0,93 1,06 1,36 1,96 and test ATH at 3,3 In my opinion 1,06 will be the most difficult resistance to break because that's with a confluence with the major declining trend line. After that i believe we will test ATH. Let's see how far the bulls can go this time. Thanks for taking...

CryptoColugo

XRP is nearing a major resistance zone, the declining trend line, this resistance zone is also aligning with horizontal resistance. I think we can reach 1 dollar and then pull back to punish some bulls and have a new attempt to break resistance a bit later. For me the question is if we continue this range for a longer time which is possible or that we can break...

CryptoColugo

Hello friends, BTC broke major resistance and now i'm waiting for a positive retest on that 46K level. Will we get it? That's not sure but it will give me confidence as a bull. After that i will be targetting 50 - 50 K We are currently a bit overbought on different timeframes Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from...

CryptoColugo

We can see that the trend is accelerating fast and there is chance we will see a huge movement to the upside. However we are testing a major horizontal resistance zone. If we can close above 46K i believe we can move up fast to the 51K area. For now i wouldn't open a long position at resistance. Thanks for taking your time to check out my idea 😎😎! Often, my...

CryptoColugo Updated 

BTC has a triangle formation on the daily chart. We have 3 Perfect touches on the wick of the candle for the resistance area. The support zone has multiple touches on the wick and candles. I will be interesting once support or resistance breaks, this tight range will often break into big movements. Thanks for taking your time to check out my idea 😎😎! Often, my...

CryptoColugo

Hello Friends, For those who are still holding XRP through all the SEC bullsh*t , you have strong hands! It is looking good for XRP on the daily chart because we broke an important trend line and we should move up to the blue box. I have 1 dollar in mind as a psychological number. We can see a rejection at the price before moving higher. Thanks for taking your...

CryptoColugo

Let's discuss this chart. We are at a very long resistance trend line and i believe that once we break this trend line we move up fast for about 150%. When i draw a trend line the candle closes are for me the most important, the rest is a good extra. When you take a look at this trend line then you can see that we have multiple candle and wick touches so i...

CryptoColugo

On the weekly chart we have a clear tight range a equilibrium. This range can still continue for a while and i will pay attention if the high or low breaks. Often this break of tight range will lead to a big move the direction it breaks. Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the front page because there are so...

CryptoColugo

Hello Friends, It's been a while since i gave some updates about the crypto market. I'm now back with some updates for you all. I'm bullish on XRP on the larger timeframes, on the smaller timeframes we are bit overbought and we are nearing a strong supply zone so we can expect a pullback soon to set at least a 4 H higher low. Thanks for taking your time to...

CryptoColugo

Hello Friends, It's been a while and i will start giving new updates about the crypto market. I believe that we are creating a reversal pattern on the monthly chart and that BTC will move back up to the 60K area upcoming months. I don't know what the catalyst will be but i believe some news will come out and we will see a move happening fast. If you like my...

CryptoColugo

ATOM is nearing the major resistance zone and the question is if we can break it or we will set a daily higher low. Bears will using that supply zone to short. I would wait to see a clear break of resistance and retest of the broken resistance area to start a long set up Thanks for taking your time to check out my idea 😎😎! Often, my ideas are fast gone from the...