I used an overlay of Dash's price movement on top of the XRP/USDT price chart. As you can see, both have been moving pretty much in sync, with XRP lagging from time to time. XRP/USDT is against these major resistance points - Range low resistance (of the wyckoff I posted earlier) - 2 year long trendline resistance - Daily 100 MA - Weekly 21 EMA It seems that if...
After a long accumulationn period ADA finally looks ready for a break upwards. Currently trying to break and close above the 100/200MA on the daily ADA also broke the daily Ichimoku cloud (see update below) and retested it together with the Kijun Sen. Targeting 630 ish
This just chart is just a pure thing of beauty. - Bounce from weekly supportzone - Might make bullish enguling this week - Weekly bullish RSI divergence - Reclaimed daily range - High target levels/RRR ratio Very clear levels on this chart honestly, pretty much all the stops have been taken out and priced recovered strong. Looks ready for some serious upside potential
Seeing alot of confluence in the resistance area around 9080 USD - 1D 200 MA - fib extension (1 to 1 extension also hit perfectly) - Strong horizontal resistance - Potential 4h bear divergence forming Expecting a retrace towards the 7-7-8k zone to set a higher low afterwards.
RVN with this beautifull trendline appears to be showing signs of accumulation. Invalidation if closes below trendline, very high risk/reward ratio on this trade
BCH is making a beautifull wyckoff accumulation graph. Technicals It has just broken the 200 EMA on the daily and I am expecting a pulback to that EMA or some consolidation in this area followed by a break of the consolidaition area The horizontal resistance here has been tested 5 times already, horizontal support gets weaker every time it has been tested and I...
Excellent oppurtunity to long Link here with the following confluence: - Previous high resistance flipping into support - Daily orderblock support - 200 EMA on the daily - Bullish divergence - Trendline support Daily close below grey zone invalidates this setup Targets in chart
Not much to talk about, looks good for breakout to the upside, lot's of room to run once it breaks range high with a first target of 75%
Bitcoin has been fractal in nature and has been showing similar price development in it's cycles, which I will show below. In this chart I used a part of Bitcoins previous cycle as an overlay for the current cycle. The Grey box between the 2 left vertical lines is what I used as a fractal which I then put over the next cycle. What we can see is that the top and...
- Bullish cross on Tenkan Sen and Kijun Sen - Break above cloud in first time since nearly 8 months - Cloud twisting to green - Ascending triangle - Higher high close on weekly - USDT graph also creating ascending triangle Pretty big targets, most important target being gray zone on the weekly
- Daily bearish divergence - Top of uptrend channel (see updates below) - Volume in decline - 0.786 fib resistance - 4h possible bearish candle forming
Markets usually don't do what the majority thinks it's gonna do. At the moment I see lot's of XRP holders capitulating and pretty much any analist only viewing bearish scenarios, so I am here to give a different perspective on the market right now. The following can be seen on the chart: - 1,5 year accumulation phase - Weekly hammer - Deviation from range (low...
Although it is very hard to distinguish the difference between re-accumulation and distribution without the volume indicator, I am leaning towards distibution. When we look at the wyckoff accumulation and distribution charts, the DJI seems to look nearly identical to the Wyckoff distribution schematic #2 (source: school.stockcharts.com ) When looking at...
Matic looks like it has nearly completed it's full corrective cycle and appears to be ready for another large leg up We can see a falling wedge forming and we can see a trendline support. Weekly is looking very strong (will post chart in updates) 4h zone is a very nice S/R flip (will also post chart in updates)
Huge accumulation can be seen on the bottom of the chart when MFT hit the bottom, a 2bil + MFT buy was done which was over 25% of the circulating supply. We are nearing a true golden cross (13/48.5 EMA crossover on daily timeframe) + price is currently trading above EMA's Price has been in this range for 74 days now and is getting very tight which could indicate...
Falling wedge which is breaking Testing horizontal resistance over and over which makes it weaker RSI showing signs of strength Nearing true golden cross (13/48.5 EMA crossover on daily)
Nearing true golden cross (13/48.5 daily EMA crossover) Breaking falling wedge that has been forming since the middle of 2018 RSI showing signs of strength
Very nice inverse head & shoulders pattern here, alts are looking to recover some from the long downtrend and TRX/BTC has broken the falling wedge (will post in updates)