Wavema

Wavema Updated 

BTC has broken the downtrend chanel. Made a M pattern, returned in the downtrend chanel. Big bounce: 6h: big green volume candle. And the downtrend chanel is broken again to the upside!! is it that a trend wall that can be broken easily up or down ? It's a useless trend now probably. It's why I'm changing my point of vue. A possible uptrend chanel can be...

Wavema Updated 

BTC is moving in this etablished chanel. Break above, it's OK for a +7% move. If the first attempt fail: possible pullback, and 2d attempt. Fail ? Probably back to 9k. Look at what happened a few days ago. Don't anticipate or FOMO. wait a clean situation

Wavema Updated 

This is a comparison of the indicator setup + lines of ETH and an altcoin. The Alcoin did a nice breakout. I'll wait the breakout confirmation before buying ETH. Shorting now it's very risky !

Wavema Updated 

D: We hit a big downtrend line. MACD is exponential. Hudge bullish momentum 4H: Stoch is heading down lower than a few days ago: bearish divergence ? + Many wicks on candles (up and down) What I expect down sooner or later : target 3750 $. Then long. Next resistance: EMA: 4 400 $ - 4 500 $

Wavema Updated 

I do this memo to help me. So, don't trust me, I'm not enough reliable. On my previous analysis, I did a bad prediction. I changed a few things in my method. Now, let's do another try. On 18h chart: - stoch is crossing - CCi start to go up - BTC indicator begin slightly uptrend - It touched 0.42 a few hours ago => Possible reversal in process. BUT the...

Wavema Updated 

It was a nice beartrap a few days ago . This massive selloff was due to bitcoin dump. Now XRP is the 2d cryptocurrency market cap. And grow fast. Back in the chanel. Uptrend resume ! It may go up toward 0.55, then 0.6, may be 0.64.

Wavema Updated 

I bought at the green arrow. This is the new frame, chanel, resistance, etc. The important thing it's we are going up. We'll see how step by step. It will take time, we're in recovery market. So, be patient !

Wavema Updated 

The big question now is: more down for XRP ? A few weeks ago we had a very similar situation. More or less same drop. See my chart. Differences: MACD higher ! And volume is higher . There is much more support this time. And it may hold much more than in the past. They have to reset parameters if they want to do a push higher later. We'll see step by step

Wavema Updated 

The downtrend is not over. It follow a parallel chanel of the downtrend ! So, we remain in a bear market.

Wavema Updated 

We are not out of the famous downtrend line it seems ! So the pullback is in process. I expect the bounce target at 8k. Fib+ extrapolation of the past

Wavema Updated 

I was on ETH, but it's is weak for now :( So, I swith to BTC. I suppose BTC will grow to 7650-7700$, it's a big resistance zone, then, pullback

Wavema Updated 

A H&S seems in process. Shoulder will be complete @450$ Stay out if it become reality !

Wavema Updated 

My previous idea was an extrapolation of the downtrend. It didn't go so down as expected, so... it's reversal ! Very good news. We had a breakout of the 2 downtrend lines. Now we are in wyckoff re accumulation. Resistance: 480$, Support: 466$ It will take time, there is a hudge resistance above . I expect a breakout. It can come suddenly Then a correction that...

Wavema Updated 

It's a kind of personal memo. I placed some support, trend line. It's an extrapolation of what happened with the previous waves. In black, a possible path but it doesn't really matter, it will play between support/resistance/supposed trend line. It can touch the bottom before my black line. It's slowly going down with some up. It will take time. more or less...

Wavema Updated 

Based on the 3 previous drops, I did the same method for now. The target seems to be 6050 $ more or less.

Wavema Updated 

I've made the downtrend with lines, But it doesn"t work very well. Too many lines Smething looks wrong for now. A heavy resistance near 490 $. Psychological number ? So I did a banana chanel. We are always in the downtrend chanel ! May be we are going up a little more... but we can go down slowly. Rejected by the downtrend chanel.