Pattern: falling wedge Possible jump to 3900( bullish divergence spotted on 1h and 4h RSi) (If breakout at 3900 the bearish view is invalidate) Target 1/Daily resistance : 3415 (possible breakout on the rebound here to) 2/0.786 de fib : 3326
ABC Wave on track. This is not a trading recommendation.
If the price break the red resistance we can expect a ride to the 230$ zone. Remember that litepay official public launch is scheduled to be the 26th feb. This not a trading recommandation, only for educational purpose
Very bullish scenario, with a truncated C wave. The ABC correction could also reach 9k5 before the begining of the next impulse wave. This is not a trading recommandation, idea for educational purpose only.
XRP could break out the falling wedge to initiate the wave 4. Dont trade with it, only for educational purpose.
After an ABC correction of the downtrend, I expect an other impulse wave. The target is 5100$ This information is not a recommendation to buy or sell. It is to be used for educational purposes only
We can see a massive falling wedge with 5 corrective elliot wave inside it. If we break up this wedge with a lot of volume we could probably say that te correction is ending. Note: for catalyst, the 7th feb, Yahoo Finance will lead a series of conversations with CEOs, engineers, policy makers and legal expert. XRP's CEO will be here. Source:...
We can expect a possible breakout of the third falling wedge since btc reach 20k. It could be followed by a pullback on the red resistance which would form an inverted head and shoulder. The first target of this pattern is 8560$. Second target is 10k$ The third target would be the top of the bearish channel initiated since december 17th . (12k$) This post is...