Bear flag still looking valid. If BTC drops to next fib levels we are most likely going to see a violent move on XRP. Measured move puts you near 0.20 cents but it could go lower in time into the 0.13-0.18 cent range if BTC prolongs its bearish trend. Not financial or trading advice just my observation on the market.
Overall Bitcoin BTC.D Chart Showing possible signs of reversal with bullish divergence on the RSI and MACD. Keep an eye on this one.
Depends on Bitcoin like always which one this one will move in my opinion. If BTC tanks to lower levels 6-7K maybe 4-5k this pattern could get very bearish.
#BitcoinDominance recently fell below the critical 70% level coinciding with the 200 MA Weekly Moving Average. Lets see if it can rally back above before sunday close or below the MA.
Ain't nothing but a backtest? XRP/USD Bitstamp weekly chart of what looks like a crazy potential backtest or resistance line from beginning of 2018. Did a measured move and funny enough put me around $1.10 range and back onto the bullish uptrend line. But we would need a very strong bounce from here on large green volume. Some bear signs at the moment is...
- Bullish break of the 200 DAY MA on great volume. - Currently consolidating nicely above cluster of daily candle closes back in Dec. '18 and April '19 - Possible Bull Flag Formation short to -mid term and ascending triangle pattern. - Still possibility to Retest 200 Day MA confirm as support if BTC Dumps
- Price contraction after bullish impulse up forming. Large move will take place on confirmation to up or down. Here are the simple measured moves for each. Not financial advice just my own charting opions for entertainment only.
- Bear Trap just under the falling wedge support - Rejected prices under 200 Day MA - Good Volume Came in on Bull Break and retest to confirm support Intermediate targets for me is 39-42 Sats, if that is broken the next level is around 50-52 Sats.
XRP/BTC Bittrex Long Term 696 Day correction coming to a decision point. Lets see what happens follow and like to watch along.
DOW J INDUSTRIAL upcoming 0.618 golden retrace and overhead resistance coming in play. #DOWJI #DOW # SHORT #PROPPEDUPMARKET #entertainment
Possible huge cup and handle on BTC?
This is a chart of XRP/USDT 4 HR a big move is building as we test the bullish top resistance line. Watch out for fakeouts wait for confirmation with VOLUME in either direction
This is a chart of XRP/USDT 4 HR a big move is building as we test the bullish top resistance line. Watch out for fakeouts wait for confirmation with VOLUME in either direction