RJtradescrypto

RJtradescrypto Updated 

A large part of the community has lost hopes in crypto and this is usually the moment we could see some relief. Most analists have been saying XRP should go lower but there are some clear signs that XRP could be on the verge of another huge cycle Reasons to believe a bull run is comming for XRP - Weekly MACD cross - Weekly bullish divergence RSI - RSI oversold...

RJtradescrypto

TNB is about to make a true golden cross on the daily timeframe. For those who not know what a true golden cross is, it is the 13 and 48.5 EMA crossover. Research has shown that this crossover is the most reliable crossover to predict a rise in price. etfhq.com TNB has touched the supportline and created a low, after that, the lows got taken by a stop hunt but...

RJtradescrypto Updated 

For this analysis we will be looking at the chart of XBT/USD on Bitmex This pair has been purposely chosen as this is the trading pair with the most leverage long/short positions. This makes it easier to spot where/when liquidity is being taken. Pretty much the whole crypto space is waiting on the retracement to rebuy BTC. Currently I am seeing alot of the same...

RJtradescrypto Updated 

We need some more confirmation before we enter a short position here but we have spotted the following on the LTC/USDT charts - Weekly orderblock resistance - daily multiple bearish divergences - Risinging wedge - declining volume on rise - already x6 since bottom - Previous weekly formed an indecision candle against resistance We are now 56 days before halving,...

RJtradescrypto

Picture says it all, historically very strong support zone and against resistance line Memecoin so yeah...

RJtradescrypto Updated 

We can see XRP has completed it's first 5 wave impulse and corrective wave thus completing a EW cycle. This appears to be the first impulsive wave of a larger wave. When XRP moves, we usually see large and aggressive buying and it seems we might have started one of the new cycles. Targets of wave 3 are 1.618x the length of wave 1, or 2.618x the length of wave 1...

RJtradescrypto Updated 

Pretty nice S/R flip on the resistanceline Also now appearing to be making Higher highs and higher lows on short time frame

RJtradescrypto Updated 

BTT/BTC forming a very tight falling wedge which seems to be comming to it's apex. FIB extension showed us 10 might be a possible bottom RSI and MACD showing daily bullish divergence

RJtradescrypto

- Fib extension hit - Supportline hit - Horizontal support hit - Bullish divergence All confluence in the same zone, looking beautifull here.

RJtradescrypto Updated 

SC has seen a major correction and is now looking to establish support on previous key levels, Support level has held and we saw a nice reaction from these levels confirming the support. Updates and additional charts will be posted in the updates below We can see the following major bullish signs form on SC/BTC - Daily bullish divergence - Weekly bullish...

RJtradescrypto Updated 

If we look at our daily chart we can see Bitcoin has made 5 impulse waves down and is now correcting with an ABC correction We are currently in our wave C upwards, this wave C consists out of 5 impulse waves up. We are currently making wave 3-4 of our 5 impulse wave within wave C We can see major fib confluence and 200 EMA support on the daily around 4630 USD The...

RJtradescrypto Updated 

SC looking extremely good here for a very high Risk/Reward trade. - Been in the same zone for approx 150 days which usually indicates accumulation at the bottom of a trend - Higher low on the weekly/monthly - True golden cross on the daily (48,5/13 EMA crossover) - Daily closes give trendline support (see updates below) - Made a higher low on the daily and now...

RJtradescrypto Updated 

XRP/BTC and XRP/USDT are both showing signs of support and also signs that rapid expansion may be comming soon. The BBW indicator is a tool that is used to indicate the range of the bollinger bands, a tight bollinger band means a high volatility move is likely to happen. At the moment the BBW is at it's all time low. indicating that we might see a big move up...

RJtradescrypto Updated 

After our initial entry at 12 satoshi, we saw NPXS hit major resistance at 20 satoshi. NPXS failed to break and close above this resistance and was pushed back by the downtrend channel as shown. We saw a fake out on the 28th of feb which was pushed back inside the channel immediately. NPXS has been accumulated heavily which is confirmed by the weekly and monthly...

RJtradescrypto Updated 

Maybe going for the long stops just beneath previous low and create a spring from there. Target is first resistance line Chart is self-explanatory and follows accumulation schematic 2 of the wyckoff method. See link below for info about Wyckoff stockcharts.com

RJtradescrypto Updated 

MITH looking ready for a big run here. We can see an ending wave diagonal with resistance and support line converging strongly the 4h/daily has made a higher low since a long time Daily divergence on the RSI which is lasting for approx 1,5 month now Resistance zones are shown in the chart

RJtradescrypto

Technical Analysis Daily - 14 EMA curling up for the first time since September 2018 - Daily RSI showing signs of strength - Price looking to trade outside of the falling wedge soon - Strong accumulation zone between 11-12 sats which made the price compress. No lower low was made since 4h - 200 EMA has caught up to the price - Short term EMA's (14/50)...

RJtradescrypto Updated 

If we fail to hold this golden pocket zone we will look for an entry at the OTE (0.705 fib). As highlighted with the red lines, we can see both long and short stops still remain in the market. Liquidity can be found beneath the long stops and above the short stops, market maket will look for these stops to grab liquidity. What is OTE? OTE is the Optimal trade...