DDBUCO

DDBUCO

For those looking at this chart, it explains itself. Fundamentals are weakening, technical indicators are signaling weakness, the next bear market is staring us right in the face but everyone continues to overlook the inevitable. Look out below folks. I see 1,800 on the horizon.

DDBUCO

Looking at the chart you can see we have formed a massive head and shoulders pattern on the D chart. It is scarily similar to H&S formations of past which have signified massive downturns and long term bear markets. On the bright side, we have had a recent bullish indication when we saw support on the previously broken trend line (see the green circle). As you...

DDBUCO

Bitcoin has had quite the jump over the past couple of days but I'm not bought in on the Bull Trap. As you can see, we are retesting the bottom of our tringle formation that was broken down. For those who know technical analysis, you know that this is very common and needed for confirmation. Prices can often times return to the Apex of the triangle before...

DDBUCO

I'm currently waiting for a re-test of the previously broken trendline. Before this happens we will have to break the resistance just above our current price zone as well as our 200 day EMA on the 6hr chart and the 50 day EMA on the daily chart. For the time being we are still very much bearish. Stop with all of the "TO THE MOON" ideas.

DDBUCO

The chart speaks for itself. I have absolutely zero bias towards the market, I simply do analysis and make my decisions from the story of the chart. In my opinion DOW is looking rough. *This is by no means financial advice. This is simply my opinion on current market conditions.*

DDBUCO

Looking at the D1 and H4 charts it's looking like we may see a big move up. Stay tuned. This is not advice to take a trade just my personal outlook on what may happen.

DDBUCO

Don't get burned on this false break out. I still see this dropping to $1.21 level before we see anything bullish. Price failed to break the down trend and should be on its way back down any moment. I still believe that long term XRP is bullish, however until this correction hits close to the yearly open it will continue to drop. This idea is strictly my outlook...

DDBUCO Updated 

XRP is looking promising to break back to the upside. This could potentially become an ABCDE correction If the day continues its bearish start. I don't foresee price falling below demand zone of $1.91 even if this trend is broken. I'm curious to see how this plays out. This is NOT financial advice, strictly my opinion on the direction in which XPR is headed. Feel...

DDBUCO

XRP is looking promising to break back to the upside. This could potentially become an ABCDE correction If the day continues its bearish start. I don't foresee price falling below demand zone of $1.91 even if this trend is broken. I'm curious to see how this plays out. This is NOT financial advice, strictly my opinion on the direction in which XPR is headed. Feel...