Descending triangle and double bottom shows ,price explosion soon and 6 to 9x gains -
I don't want to talk about this chart much, just check purple cycles.similarity is obvious, and you will know what comes next. Booom!!!
If we exclude wicks on the candles, we can see that the break out of long time resistance of $ 0,296 us did not happen. Cup and handle also failed to form, because of a too long handle(more than 1/3 of the cup), so only hope is inverse head and shoulders to form.
Xrp fell more than 18%, and get back to its previous value in one second. Nasty manipulation. Wandering how many stop losses was triggered.So be careful with stop loses on Kraken, otherwise, you could be robbed.
As we can see last 9 months xtz is in downtrend channel,and if it stay in this channel,it can fall to 0,60 usd,around March this year.
As you can see XRP beautifully following this curve,I drew few months ago.So if it continue to do the same we can expect price rise next days.Please notice,Stoch RSI is deep in oversold territory,so everything is set for price rice.
As you can see on this chart,BTC dominance reached resistance level of 69,8% on 15th July.Last time it happened on 5th December 2017.Only difference from then and now, in 6 days ,BTC dominance gave up 13.5% ,and now only 6.5 %.This 13.5 percent caused then,to be pierced 21 DMA,and 50 DMA,in the same time ,and it caused steep fall to 0nly 35% of dominance,in 35...
Ascending triangle showing ,brake could happen till end of the day.
Expect powerful bounce soon.Every time Xrp touch multi month support line,it bouncing up with full power. Resistance around 0,45.
Comparing all BTC corrections from 2012,we can see this one have most consecutive months in red(6).Is that express most pesimistics feelings than durinf previous corrections,or it is result of the manipulations?
Most TAs comparing 2014 correction to this one.As we can see 411 days passed til peak to capitulation(87%) in 2014.Today we are in the 403rd day of correction.Did we had already capitulation when price slide to 3153 usd(84%) and now we are in accumulation phase? Or capitulation was not happened yet?In that case,it will be interested to see if it will happen in the...
As you can see every peak is in the downtrend.We need break over downtrend line to confirm run to 0.09 u'USD
Will see next few days,what is happening with BNB.