I've seen this pattern before, and when it happens it means a quick breakout to near term resistance for sure. With two levels of support up under it, what do we have to lose? Scared Money Don't Make None!! -BK
What goes up, Must come down. Ripple holds the key. If this key fib level is broken, the flood gates will open and red will flow. Hope it doesn't or else it will be a long painful ride down for everyone, except for the banks whom quietly exited back in June... of course.
This needs to cool off a bit before doing so but its a tight sell zone in case it breaks down completely.
ETH is long overdue for a breakout. With about a week's worth of consolidation during this last round - expect a big surge following the BCH selloff from Polo. Join the community on FB and YT for daily charts, chats, and insights! BK
FINALLY!!! The Moon gods have smiled upon Lunyr. But how long will it last. Will Fear overcome Love in this newfound market of mass Lunyrdom? Tune in next week to find out!
Strong support on the 21 and 7min candles. With BTC setting up to pull back look for some pump into BCH.
ETH looks like it just hit the ceiling at $310 - expect consolidation over the next few days while we prepare for another bullish round.
I just spent an hour explaining this chart on YouTube, so I won't do it here. But long story short - BTC is breaking the Bank in Septemeber. Cash In so you can Cash Out - LIKE A BOSS! Big Bank take Little Bank & Scared Money DONT MAKE NONE!!! Stay Cryptic Ya'll. BK
AMZN has a chance to really help the crypto market when it lays off all their employees as a result of falling big in the next 12 months. Hopefully those robots request to be paid in BTC. Stay Cryptic Ya'll. BK
We aren't out of the woods yet - only thing thats happened is we have all but confirmed (top and bottom) the downward blue channel that we are in now. BK
Should be a nice area for a complete reversal... Only Time will tell!
Hope you're ready to see some fireworks this holiday weekend... I'd say 70% chance of going down. Should be a good one.
My fellow TradingViewians - It appears we are at a great crossroads within the world that is Crypto. If this trend continues - we will have completed a complete bullish reversal on and most likely will be headed down to catch around 1750's. I have hesitated to release this chart being that I did not want it to be self fulfilling, however, this unforeseen recent...
And on the 6th day the bank gods said - Let My People Go!! Look for XRP to break through by Saturday. Praise Rothchile.
Objective - Hit both circles without touching the edge. CHALLENGE ACCEPTED!!
Medium term support held. Watch out if we break past this line but it doesn't look like it. Buy now and ride it through the orange - that's when the fun starts :)