


I see ETH/USD holding firm after last days price bump. Now I had a look at this chart ETH/BTC and see it broke the rising wedge. Also breaking horizontal support. The downtrend has made place for a new uptrend. My fibonacci shows the 61.8 just got hit on this break, but I see more momentum coming. Into the 1.61.8 extension, on the daily chart you see this is a...
Ethereum just released great news of a network upgrade that should improve Speed, Cost and Transaction Time. Although it is an early release, it shows the devs keep working on a healthy ecosystem for Ethereum. With all the ICO and now working further materialising DAPPS browser this looks like a renewed bright future for Ethereum. The price just broke out of a...
Hey guys, what do you think about the completion of this 5 -wave up ? I also have drawn 2 possible ABC retracements into support for the next leg up. One is short term, the other medium term. Or do you think we will just keep moving higher from current price? I am bullish on XRP next target is a quick 3 and then into 5 and 10. If not expanding out even further...
After building a nice falling wedge during Xmas. The pair XRP/USD just broke out of its patience wedge. For another run up into the next 1.40 and 1.60 targets. This pair certainly still has much room to grow in 2018 and further. Lot of fundamental potential also with a great team of devs, management and marketing behind it.
Verge is at a double Fibonacci support. A larger 50% and a shorter term 61.8 from the last leg. It needs to find support here to keep on trending. Else we might fallback into ranging prices for a while. Always fundamental buyers can shake things up from lower levels.
Been ranging solid around 1.0 with xmas. Shaping up a nice 4H pennant for a continuation breakout. Towards 1.30 and higher.
Price is bouncing but it might need another bounce to break out towards the next 2 USD level.
What the XRP Price Looks like on a Monthly chart towards 2 and 5 and 10 USD
New buyzone 0.60 - 0.40 and targets 1.00 / 1.30 and 1.50 for Ripple XRP
As the Ethereum is dipping also a bit on the bitcoin move. The future looks prosper for Ethereum. As new tech implementations will follow on Ethereum I stay optimistic with so many connected ICO's and coins for future tech. The price structure has nice support incoming to bounce of the broken trendline. Target is a fibonacci 61.8 extension at 665 USD. Good trading.
The chart speaks for itsself. For the count I can say or it's in a leg 3 or a leg 5 but normal EW rules state that leg 3 should be long, so that must be it, unless the low of range gets broken down. I see more upside though even if it comes back down 18 cents looks like a nice bounce area. But it can also rally after this bitcoin related dip. No worries.
If tomorrow high is not broken on Bitcoin. Very much dependend on news, speculation of crowd / sentiments. Then it is very likely we get another deeper pullback into the 7k and 8k zone. I use Fibonacci pullbacks calculations, proven on historic priceaction on this same bitcoin chart. And yes it is same from historic forex and gold priceaction. Nothing fancy. Also...
Yea as you can see, all fibs got rejected on the way up. Smashed down following Bitcoin, it doesn't look to good on Aragon. Has been trending down all the way even below initial spike, long ago. So most logical to look for support of any kind at the 0 fib enclosing. Or else just the -61.8 Fibonacci target below. Good luck guys.
What I can see happen to the EUR/USD is or a pullback first.. Seems now most likely.. But when the high is broken alternatively it can also extend the wave 1 higher before pulling back. Yes its a broad monthly overview of the Elliot Wave but an important one. Support me with enough likes and shares for a free daily or intraday analysis of the EUR/USD.
The 0,16 level still looks good as support for this projected Elliot Wave count to the upside. But I think if this pattern fails, we can see a deeper retracement. Overal I stay positive on the fundamental outlook that Ripple is shaping for the future of XRP.
Before the doji candle there was a full bullish candle without wigs. This is a REAL STRONG BULLISH SIGNAL in price action. There was a fake out doji after it. Price is doing nothing more then building a new Bullish Wedge. That is about to breakout to the upside. Ofcourse fundamental news from the Swell conference will help. Although you often hear Buy the rumour,...
As you can see the Litcoin is dipping in the range to touch the 0.01 level again. Long as that 61.8 fib holds I see it as good support for a move higher. I have drawn the latest ABC down.. and now looking for the number 5 run up in the EW cyclus.
Check out this Elliot wave price projection on XRP towards 0.55 What do you think? It also is an AB-CD equal price move from the initial spike