Is this an Eliot wave playing out? Bullish flag? Simmetrical triangle breakout? W pattern playing out as well? The target shows 28500 rougly. Let's see what this Christmas day brings us. Merry Christmas guys. Not financial advice, D.Y.O.R. Cheers!
Hi gang. Observing triangle pattern XRP formed. Bullish breakout target is 0.72. Bearish brekaout target is an ultimate test of the 4 year MA 1269 and brings us at 0.46. Let's see the outcome. Not financial advice. Cheers!
Hi guys. Overlooking recent movement of the price, Bitcoin has been forming a triangle pattern while consolidating after hitting 13800usd just 2 days ago. After observing the pattern, I say that there are 2 scenarios: Blue: We breakout at 23300usd, the projected target is 24800usd. Yellow: we get rejected and continue consolidating, which whould lead to a possible...
Fibo analysis for XRPUSD 0.28c - 0.29c soon. Not financial advice. Cheers!
Lets compare some fractals on this XY axis, since I have some interesting timeframes captured. We may be retesting 15000-16000 Fib levels once more with a hard drop to 15000, and then moving one FIb level at a time (ext. 15400/15500/15750/15880/15960). If we fail to hold, we will drop first to 14000, then possibly 13000 which will then blast us off through the...
Hi guys! After observing the price movement and the repetative pattents that recognisable on lower timeframes, I have extracted and stretched a fractal that goes from green 0 to green 3 line/0+1+2/ and have placed it in between red and red 2/0+1/. So lower timeframe fractal should show us midterm outcomes. I am trying to not put into perspective the historical...
Hi tribe! The good days are yet to come! I noted that we are moving in an upward channel for the last 7 weeks, and I did call it 7 weeks ago, you can check out my 1st analysis, i did tend to simplify the update, which is a combination of Fib. channels, and some trendlines and an upward channel. If I am not mistaken we are forming a Wave 3 of an N formation,...
It's showtime. Currently we have a brakeout candle evolving from the simmetrical triangle that XRP has been forming from the big blastoff that let to a massive correction when we got the rejection on 0.78. If the candle closes above 0.62 levels a assume the brakeout is on, if we have a confirmation candle afterwards closing above 0.62, we will have a new blastoff...
Ethereum 2.0 making ETH more stable or less stable, we will see, we need traders to push the price higher therefore this brakeout is going to dictate the price range in the next few weeks. Currently we have a brakeout candle that needs to close above 605, an the next as well in order for us to have a confirmed brakeout to the upside. Full range of brakeout is over...
Let's see what Monday brings to us. Let's see if the bears are tired and want to take a sleep this winter. I think that optimism will drive this further, hope is dictating the price, and day by day the fear and greed index is confirming that. Technicals are not to underastimate but not as valid as they usualy are. Disbelief phase should be left behind in the...
Bullish flag confirmed, next stop 60-80c. Money on the floor. Ridiculous what I managed to make and loose in just one day with Ripple. Relentless asset for accumulation. All recomendations. Don't marry it, don't date it, trade it! Seems like we will be hitting ATH in no time. Tell me what you think on this fractal repetition. Not financial advice. Let's rock this...
Good day Traders. After observing different fractals I have extracted the previous rally towards 13k before we had the Corona crash party back in March. 3 Scenarios, all high volatility and high risk for trading that waves(we are going big now, grown up, acumulated or not). RED scenario You wouldn't believe, the worst crash of price NOW would have the most...
I will post further explanations if there is any interest in this. For observation purposes, testing FIbonacci through all dimentions and variations. Blue patterns Accumulation(smaller cycle)? Green patterns Parabolic pump? Pink patterns Consolidation? Red patterns Distribution? Not financial advice. Recognising patterns, trying to fit in movements. Supply and...
My short term bullish scenario outcome for BTCUSD for this week. Eying 16.800 and if we brake the next macro Fib level we are heading further to 17.200 and posibly hitting 17.6 if we have an adequate bying volume. First support at 14.400-14.500, Always TP and SL as well as time and risk manage your positions. Trade what is happening, not what you dream to happen....
HI guys. I have been observing the chart through the eyes of Fibonacci a little closer. Maybe I am onto something. I would appreciate your comment on this. We should be touching 17800-18200 price before Friday, and retracting to 15k by Monday according to this prediction. I hope you like it. Not financial advice. Happy bull run!
Good day guys. Eliot wave 5 in play for XRP? Self explanatory chart, sorry for the mess. Going for 0.28 price if played out correcrly. Not financial advice, DYOR. Tell me what you think.
Hy guys, here is my take on the weekend movement of Bitcoin. 3rd Eliot wave in play. Fibonachi levels so far respected. We may be visiting above 17k and then retracing on Monday. If we want to put CME markets into consideration, we are probable to fill the gaps that we made during the weekend...or not? I am expecting that we will be hiting the target price in the...
Hi tribe! I am having goosebumps while doing this analysis. You know where does this quote come from? V for Vendetta. Here is my take on shorterm BTC. I have let myself drew an accending triangle in which we are trading for the last 15 days. I know we were all chanelling, broadning wedges and, calling double tops and bottoms, but it seems like Bitcoin is making...