


alexdageek1
XRP is currently in a symmetrical triangle and it expected to break out soon, target will be 2.71 in the long run, will take a while to get there.
On 1 day chart on the MACD, bullish cross could happen soon and bitcoin could break out of symmetrical triangle.
I thought for a moment and asked myself if this could be a possible left shoulder. I took the fib retractement tool and try to see if it can match. Not sure if this will play out, but its something I will watch. I am just assuming we are at the 0.5 fib.
What I did in this chart, I thought maybe we could have formed a left shoulder and the left shoulder could simply just be an ABC correction. So I did an elliot wave theory of wave 12345 based on what bitcoin did last time. Although I do have to agree my length of waves may not be correct, I simply just guessed on the length on what bitcoin did last time. Even...
Dogecoin is in a symmetrical triangle. Look out for a breakout
Just something that came to my mind, what if this is the left shoulder and could it do something similar? I used the fib to see if it will match the 0.5 fib. Who knows, maybe I am wrong but is something that came to my mind.
The sentiment right now has change from bearish to bullish. Usually october is the most bullish month. Although there is some high resistance I am seeing right now.
Last post I mention many rising wedges that could be possible to play out. This one is an update. Could this be possible?
Is this a false breakout that is due for another crash like previously before. Something just doesnt seem right. The RSI looks kind of bearish. What is also bothering me is that the S and P 500 is due for a correction. Is this the calm before the storm?
Btc has been forming a low of rising wedges lately. Its important to watch these levels to see if btc could break out or break down.
I know most people only want to look at bull patterns, but honestly, is better to consider all possible case scenarios. In my chart you can see support and resistance and possible rising wedges. Shall it play out? We would have to wait and see.
Bitcoin falling wedge, or bull flag pattern and resistance level at 49.7k im watching