


- RIsky due to no sign of uptrend - Positive historic reactions at this current PA - Bullish divergence on RSI
Note: This is a risky trade since we have no signs of uptrend Reason for risk: - MFT has been very bullishly responsive around this PA - RSI on 4h, 6hr, 12hr, showing bullish divergence
I think this is a great risk to reward setup with lots of potential for upside. I am laddering in the zones marked and the blue rectangles are my targets.
these are the zones im watching for BTC on both the long and short side
-bullish for multiple reasons -above 200ma -cup and handle formation -long term trend line support coupled with MA
-really interested in opening longs around the 1-1 fib extension and the .786 fib retracement zone -other than that, there has been weird volatility in the market as of late so im not interested in much else -Laddering in on entry here is key to minimize the risk and increase upside potential.
-I think this chart is a perfect demonstration of EW theory. I see 5 main waves (marked in blue), with the 5th pending completion. Apart of those waves, I see waves 1 3 5 having 5 sub-waves inside. On the retracements waves 2 4, I am seeing a ABC correction. -With that being said, I do believe that if the prior resistance at 11745 satoshis, can potentially act as...
- if you go to my previous charts you will see on Dec 12th i posted a chart with the purple ABC waves going up and it has played out almost perfectly thus far. - i think the bears arefighting bulls off around 40-4200 ranges and we are heading downwards on the B wave towards 36-3700 where i will look to re open long positions - this candle is looking really...
- this coin was the best performer on the day and beat BTC completely which was surprising to me - showing signs of a consistent uptrend and making higher highs, as well as higher lows - if we can maintain this market strength and zones for eth, i am bullish with the chart posted and stay by the zones marked - if we break and start breaking swing highs, im...
- everything labelled on chart, let me know if you have any questions, I WILL REPLY
- this coin fundamentally will 100% succeed especially if you think crypto will succeed - some major partnerships and implementation
- lots going on but just showing the vast amount of buying opportunities to catch scalps on - tough to count the last couple waves but either way the zones marked are good buy points/ - would like to buy at the trend line support with fib support as well
very simple chart that can make you guys so much money
- everything labelled on chart. I think we are due for a relief bounce but there is no confirmation yet, RSI set a higher low while price action had a lower low showing that the market is gaining strength but price action is lacking.
- the EW does not apply here that much but just ideas of what we could see in the future - im extremely bullish on XRP for the end of the year as well as upcoming 2019