...::: THIS IS A WEEKLY CHART !!! :::... XRP/USD is coming to the end of it's bearish run on the daily, but still within the triangle on the weekly chart. Price action is nearing completion of the Level 2 move (2-1, 2-2, 2-3), which will then start the Peak Formation Low (PFL) move which is a Level 3. No doubt, going by past market structure, manipulation will...
As per previous posted WEEKLY chart here: This DAILY forecast is also congruent, giving the same trend analysis and level counts as previously mentioned. Here we can see price action is still consolidating around the 0.38 cents zone, but it is highly probable that market will continue to drop to around the 0.36 cents area, should the market decide to PIN the...
TECHNICAL: Currently, the pattern shows we are in Level 1, after being confirmed with a break 0.46 USD Cents zone, and is now consolidating before moving upwards towards the next Peak at 0.48 Cents USD. There is a possibility that price action might continue to consolidate downwards towards the KETCHUP (13 EMA), however, if it does that, it will most likely PIN...
TECHNICALS: Currently, BTC has completed a Peak Formation High (PFH) with an M pattern and has progressed down to confirm a Level 1 position. There is a high probability for a good SHORT down towards the MAYO (200 EMA) as well as most likely PIN the BLUEBERRY (800 EMA) before forming a Peak Formation Low (PFL) with a W pattern. Once it forms the W pattern, we...