LFalcon72

LFalcon72

Here is a quick chart showcasing a beautiful MACD reversing above the water on the 1HR time frame for SHIBA and breakout occurring from it current flag formation. Should see a delicious pump here.

LFalcon72

DOGE has broken out towards the upside from a breakout point it had formed. Further upside towards resistance around 13 cents can be expected but I feel it will push through that as well. Keep a close eye and dont forget to put stop loss on all your trades during these turbulent times. Happy Holidays & Happy Trading to Everyone !

LFalcon72

WAVES/USD has just finished forming a upside down head & shoulders. Usually a Strong bullish reversal indicator. Trade with caution as the market is so volatile right now that this formation might be negated.

LFalcon72

Bitcoin’s RSI appears to be retesting a multi-year trend line on the 3-day timeframe that stretches from as far back as 2019. The price reversed on this line 3 times in the past and is now going for the 4th retest. Considering this is a multi-year trend line we can safely say this is a strong crucial support line. Any movement from this point should cause a...

LFalcon72

If you look at BTC on the 10-Day chart, you will notice it appears to be making a parallel channel formation. If it continues the second leg down, 34k seems likely inevitable for that is where the bottom band of the channel is. All thoughts appreciated

LFalcon72

Although Bitcoin has found good support at current prices, it wont last for long. The RSI and long term resistance and support indicate some more consolidation downwards and maybe even another retest of the bottom upward trend line. We can expect in the short term a retest bounce around 6-7k if the current support does not hold. I do presume it will happen faster...

LFalcon72

BCN has now recently broke out of the downward resistance and has successfully retested the support line. This is the start of a new upward trend

LFalcon72

XRP has found support and is preparing for new all time high

LFalcon72 Updated 

NXT looking good for long term

LFalcon72 Updated 

On this 1D time-frame we see that after having broke Support lines A & B, XRP has successfully tested support line C and is headed for retest of Line B. Although Line B may be breached I do not expect it to hold. All the while the MACD lines are currently crossing in favor of XRP so that is a positive indicator as well. My entry point was .24 and my TP is at .35

LFalcon72

I have identified a long term cup and handle that is soon to break a strong resistance line

LFalcon72

Expect a retest of support line C

LFalcon72

XRP Long Term Trend lines pointing up.

LFalcon72

There is currently strong support as the price is heading up but there is strong resistance at .25 cents The price will bounce, retest .25 again, and if resistance is broken it will rise to meet a new all-time-high resistance at .30.

LFalcon72

I have indicated the long term trend lines beginning from the first big spike in April. As you can see, XRP just bounced off the resistance line and is headed back for the support line. Another thing to point is the strong similarity in price pattern between the spike we just experienced and the big spike we had in April. Following that pattern I believe it is...