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YEHOK Updated 

Good Morning All and Happy Wednesday! Leave a Like and Comment! I Hope Everyone is Doing Well! Let me be the first to admit how wrong I was in thinking that the 21W would hold support! I truly believed, based on what I was looking at with the charts, that we would have held support at $9,300. With that being said, I admit defeat and will live to fight another...

YEHOK Updated 

Hello all and happy Wednesday! Since hitting the low of $53, LTC has been been trading sideways in this rounded channel on the 15 minute chart. The moving averages seem to be attempting a cross up. Let us watch for support here and a continuation and eventual break up of this rounded formation. Being that this is a smaller time frame it might not hold as much...

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Good Morning all! XRP fell to the 1.618! Last time we had volume on a drop like this price reverse 22%. Will we see the same thing happen again? 15 minute chart pendant formation can break upside or downside. After a bearish move one would expect down. 1H chart move from support up to resistance. Decisive volume is needed for a break 4H stochastic RSI...

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Good Morning All and Happy Tuesday! I Wish Great Fortune For Everyone! Leave a Like and Comment! Yesterday we saw a large move to the downside and even though, BTC is now sitting on the midline supports of both the white and gold descending channels over the 0.786. I have mapped out the potential conclusion to these down sloping consolidation patterns to the...

YEHOK

Good Morning All and Happy Tuesday! I Wish Great Fortune For Everyone! Leave a Like and Comment! Yesterday XRP dropped back to the support zone after attempting to break the back test of the falling triangle. A shooting star doji formed on the 4H chart at the top giving way for the 0.886 level to be hit. We seem to be in a larger time frame descending channel...

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After back testing the falling triangle, XRP fell with the rest of the market today down to the support line marked here, which in the past had been resistance. If we pivot from this level we could see a bullish divergence play out on the 4H chart getting price back up to $0.28. Like BTC and LTC, if XRP falls below the 100% retrace, we could be continuing the...

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Hello all and good evening! This is perhaps the most important time in BTC history! The next 3 days should provide us our answer! If BTC breaks below this marked area - Which is the 100% retrace level just like LTC just hit!- I personally believe cryptocurrencies will be in HUGE trouble. If we look at the chart, for the last few weeks to a month there has been a...

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Hello all! LTC just broke down from a 1 month rising channel in 2 hours! The 100% retrace which was the measured height of the rising channel occurred with price currently rebounding just above the 0.786. There should be a test back up just under the rising channel to re-visit the pattern before continuing down. The 4H chart MACDS is potentially showing a major...

YEHOK Updated 

Hello all and happy Monday! I hope you all are doing well! Leave a like and comment! Last night I made an update on LTC's falling channel and mentioned the two doji candles that formed on the Heien-Ashi chart. We discussed the possibility of the price dipping into the marked area but were expecting the channel to eventually be broken to the upside. Over night,...

YEHOK Updated 

Good morning all and happy Monday! I Hope you all are doing well! Leave a like and comment! Last night BTC attempted a break out of this small triangle drawn here, and even had a nice rising support level. It soon broke to the downside and reached the measured move off the triangle and back to the 0.618 support. The 1H MACD is showing us a shift currently...

YEHOK Updated 

Hello all and happy Monday! I hope you all are doing well! Leave a like and comment! If you have been following on XRP then you would have been on the lookout for a break to the downside of this falling triangle to the marked area. We have now completed the measured move from both, the white rising channel and the smaller triangle that formed below the...

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Hello all and happy Monday! I hope you all are doing well! Leave a like and comment! ETH has formed the same downward channel and has fallen to the exact 0.886 fib level as BTC with the same long lower shadow small body candle in development on the 4H. The support came from the Gold support/resistance zone, the down sloping channel as well as the fib level....

YEHOK Updated 

Hello All! Let us have a look at the 4H Heiken-Ashi chart! This is an average based candle that shows us the up and down trends with a little less noise. We have come to the bottom of a down channel with two doji candles printing after falling from the triangle. Although we did not see the $70 low, we did see a drop towards the support line of an up trend that...

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Hello all! Finally! We got a break out of this tight consolidation pattern! In the last post I mentioned the potential of the 0.618 being the support level that allows for the reversal, and in an update, that the 0.786 should be watched for a potential final entry. We were waiting for the signals hinting to us when this shift might come. On the 1H chart we were...

YEHOK Updated 

Hello All! XRP has broken below this falling triangle and has followed a consolidation. We should expect a move to the downside to complete the larger pattern target. The immediate and intermediate zones are marked by circles with the potential support and reversal area marked with the triangle. It would be ideal to watch for negative momentum to slow down and...

YEHOK Updated 

Hello all! As we simplify this price development, we see a near perfect down channel leading to the 0.618 level. We are potentially showing a bullish divergence on the 1H chart with the MACD. The 15 minute chart is resembling a bear flag so it is possible for more downward movement into this marked zone before the move up. $9,888 is the current price level that...

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Hello all! This is a very similar structure to what happened with BTC's price action the other day. Will we see the same thing play out ?

YEHOK Updated 

XRP is at a major decision point! We are out of the descending gold channel but are potentially forming a bearish pattern that could result in a 100% retrace of the entire recent move! The double bottom was not confirmed as a result of the failure to break $0.30. Watch this triangle formation for a break to the downside! Upside potential is at the top of this...