Raul_Dominguez

Raul_Dominguez Updated 

COINBASE:XRPUSD As you can see, XRP is about to confirm an Inverse Head & Shoulders Pattern the XRP/USD pair. All it needs to do, is to close above $0.26 USD. Currently it is trading at $0.2616 USD. The Minimum Price Target would be $0.30 USD, which is calculated by adding the length of the Head of the Pattern to the Breakout Point. Here is the definition of...

Raul_Dominguez

BITSTAMP:BTCUSD Bitcoin rose in a 5-wave sequence since mid-March to mid-August, as seen in the chart, a move that I will call, Intermediate Wave 1, in Elliott Wave Terms. And now it seems like intermediate Wave 2 is underway. The pattern that it seems to be forming is an ABC Zigzag, elliottwave-forecast.com , of which we already seen Minor Wave A, and now it...

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BINANCE:KAVAUSD Kava is bouncing at the $2 USD support level, near the 61.8% Fibonacci Retracement Level, MACD is just starting to give a buy signal, RSI is ticking higher. The previous decline from the $5.82 USD level was with decreasing volume, and this seems like a good place to go long. In Elliott Wave Terms, we had a 5-wave move to the upside, followed by...

Raul_Dominguez

BITSTAMP:BTCUSD As you can see in the chart, Bitcoin is making a Rising Wedge Pattern, which is bearish, meaning, when it ends, a big move down should follow. www.freeonlinetradingeducation.com However, it seems like it has another leg up before it ends. Some what I am expecting is a move to about $13,000 or so next week, follow by a big decline to $11,000 or...

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BITSTAMP:BTCUSD As you can see in the chart, Bitcoin has broken an Ascending Triangle Pattern today, with the break of the $12,100 USD level on Bitcoin. www.freeonlinetradingeducation.com The target will de the $13,600 USD level, which is calculated by adding the length of the triangle to the breakout point. The highs of June of 2019 are at $13,900 USD. So,...

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POLONIEX:XRPBTC As you can see on the chart, on a weekly basis, XRPBTC has broken out of a huge Falling Wedge, the last time that happened, back in March 2017, XRP climbed about 23.5 to 1 in terms of Bitcoins since the breakout, and about 60 to 1 in terms of U.S. dollars. In a period of about 55 days. I expect something similar could happen again. XRP broke...

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COINBASE:ETHUSD As you can see in the chart, Ethereum just broke a mayor, mayor resistance, the February highs, which stands at about $290 USD. We made a Double Bottom, www.freeonlinetradingeducation.com , and now we broke out above the previous highs. This is huge, I think a powerful move has started in Ethereum, one that could last several weeks or months,...

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BITSTAMP:BTCUSD Bitcoin started a Long-Term Bull Market on December 2018, after an 11-month Bear Market. It climbed from about $3,100 USD to about $13,900 USD, in a 5-wave structure, a move that I will call Intermediate Wave 1, that lasted about 7 months. After that, we had about a 9-month correction, from about $13,900 USD to about $3,900 USD, in a 3-wave...

Raul_Dominguez Updated 

COINBASE:XRPUSD As you can see on the chart, we just broke a mayor, mayor resistance, one that has held back XRP for almost 3 months, the 200 day moving average. This is a mayor, mayor break. This break could lead to a move to about $0.30 USD soon, maybe as soon as next week. Next mayor resistance would be $0.35 USD, the February highs. If we break that one,...

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COINBASE:XRPUSD XRP made an important bottom with huge volume on March 13, 2020, at around $0.11 USD. From there it started a 5-wave move to the upside for about 48 days. Followed by a 3-wave decline to about $0.1688 USD, which lasted about 58 days. It declined a little below the 50% Fibonnaci Retracement which is common for Waves 2. What I would expect next is...

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BITSTAMP:BTCUSD As you can see on the chart, there is a Possible Inverted Head and Shoulders Pattern on the hourly chart of Bitcoin. www.freeonlinetradingeducation.com It will need to break $9,300 USD to confirm it. If it does, the price target would be $9,800 USD. I hope you find this interesting. Good Luck to You

Raul_Dominguez Updated 

BITFINEX:XRPBTC As you can see in the chart, we have a huge Bullish Divergence on the RSI indicator on the daily chart, for the XRPBTC pair, where the price is going down while the indicator is going up, which is bullish. Not to mention we are kind of breaking out of a falling wedge also. Seems like this could finally be the bottom for XRP in terms of BTC. We...

Raul_Dominguez

BITSTAMP:BTCUSD As you can see on the chart, Bitcoin seems to have found bottom at the lows of March of this year, with huge volume seen on the 12 and 13 of March. From there we had a 5 Wave Impulse Higher, which I will call, Minor Wave 1, to about $10,085 USD. After that we had been seen a complex correction, which could be a Double Three, if it is already...

Raul_Dominguez Updated 

COINBASE:XRPUSD As you can see in the chart, there is a possible Inverse Head & Shoulders Pattern on the Hourly Chart. A move above $0.1943 USD would be required to confirm the patter. If it does, the price target would be around the $0.2070 USD. www.freeonlinetradingeducation.com Also, there is a Positive MACD Divergence, where the indicator is going up,...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD As you can see in the chart, Bitcoin has been inside an Ascending Triangle for about 36 days, and it could possibly last another 10 days of so. But eventually, it will need to break out of it. In the meantime, it is accumulating a lot of energy, so when it breaks out of it, it should be a powerful move, one that could easily take Bitcoin to 15K...

Raul_Dominguez Updated 

COINBASE:XRPUSD As seen in the chart, XRP has broken short term resistance level of about $0.2086 USD. That was a resistance that held for about two weeks, and now we had finally broken it. The next resistance would be the 200-day moving average, red line, which we are currently testing right now. After that, the $0.2362 USD level. And after that, the big...

Raul_Dominguez

COINBASE:ETHUSD As seen in the chart, Ethereum has broken mayor resistance at the $228 USD level. That was a resistance that hold for about 29 days. The next level of resistance is the $290 USD level. It seems like we could reach it fast. In terms of Elliott Waves, we seem to be making the 5th wave to the upside towards the next resistance zone. I think this...

Raul_Dominguez Updated 

BINANCE:THETAUSD FTX:THETABEARUSD Theta had a huge parabolic move of about 1,400% in the last 75 days, from about $0.04 USD to about $0.60 USD. And now, a big correction started two days ago. The correction does not seems to be over, we had an initial down move, which I will call Wave (a), which clearly tracks 5 waves to the downside, and now it seems like...