Se7enSkies

Se7enSkies

Can someone please tell me what’s so bullish about XRP? I can’t see bulls...I only see death, and maybe XRP is gonna come back to life after death...but right now I cannot find a single bullish sign, so I would be grateful if someone could educate me right now.

Se7enSkies

I’m expecting Gold to follow the descending channel around $1,745 and then bounce upwards once we touch the trend line. If we don’t bounce off the trend line then the bears will take full control.

Se7enSkies

Gold/Silver is breaking out a falling wedge. I’m expecting Gold to gain value against silver for for at least a few weeks. Weekly RSI is very low...there’s room for Gold to go up against Silver, but the overall trend remains bearish. I could see the ratio go up to about 85-90 and then fall again. I’ll be watching the weekly RSI closely.

Se7enSkies

The trend shows diminishing profits throughout bull markets.

Se7enSkies

A bounce in between the two lines is likely. H&S-like pattern forming on the daily chart as well, but the daily RSI is close to oversold.

Se7enSkies

It would make sense to form a small reverse H&S if we want a reversal or even a double bottom would be enough. I don’t know how likely it is for Gold to play this scenario, but I would love it if it does take this route to form a reversal pattern. I personally would love to see the dollar collapse into nothingness in long term, so that sound money can take over...

Se7enSkies

Look at the weekly RSI. Every time we enter the oversold area we drop big. That thick black line on the weekly RSI chart is when I would think of XRP as a long term investment. I also have a symmetrical triangle showing the direction of the price of XRP for the next year or so. XRP is not gonna go $100+ over night or this year imo. If XRP is ever going to go that...

Se7enSkies

The trend is bullish, but this daily chart indicates that we can touch $1,737-$1750 on the trend line (not below the trend line) and still stay bullish. There is the possibility of going up from here but I’m gonna play the game using this trend line as my support level.

Se7enSkies

I see a potential descending triangle on Gold’s hourly chart. Breaking above the trend line means I need to buy I ASAP and breaking below the triangle means I wait for lower prices.

Se7enSkies

I thin btc has the potential to hit $47k-$48k before making a lower low. The daily RSI seems to be forming a reverse H&S pattern hinting at a price hike. If the descending channel has been established then it will be very difficult to go above $49k-$50k.

Se7enSkies

That rend line is my support level. I would be interested in buying ETH when it touches that line. If it doesn’t touch that trend line or doesn’t even get close to it, then I’m not interested in buying ETH.

Se7enSkies

I’m literally daydreaming about $25.3 Silver.

Se7enSkies

Is history repeating? If this triangle plays out then we shall hit the bottom around $0.05-$0.08 Last bull market correction was 93%. If we correct 90% this time, the bottom will be around $0.074 If we correct around 93% (I doubt we will) the bottom will be around $0.052 An 87% correction means a bottom around $0.1 For me, it’s impossible to catch the bottom, but...

Se7enSkies

Giant descending triangle on DOGEUSD

Se7enSkies

The trend is your friend.

Se7enSkies

I see a symmetrical triangle forming on Gold with a H&S-like pattern that I cannot confirm yet. Could this be a H&S?

Se7enSkies

Someone asked if BTC cycles are programmed to follow a certain pattern. Well, this chart is saying yes. Green area = buy Red area = sell Now we wait for BTC to bleed to shit and buy in green.

Se7enSkies

If this trend line is correct then $1740 is still possible, if not then we can keep going up from here.