There is a case for this to still be in a bullish market and the small bull trend that has started - to continue. So we should also see and prepare for that scenario. We have to hit the 11k and 12 within 25 days roughly. We already have a monthly confirmation of a spinning top candle close, which is bullish. Short term on the 30 min chart, we have a small reversal...
Please excuse my chart junk (I am not willing to erase my lines). I'd like to direct your attention to the long term analysis. And we can hit play to see how this unfolds. Short term scenario, we must get up to 13,500 in the next two months. If not, we wait until 2021. Which we should see the support hold for around $6K. But I think we could easily repeat $7,400...
Long term plays. Click arrow and compare progress over the following year.
just look at chart analysis. and we'll come back and compare what happens over the next year.
Random analysis, based on patterns. But patterns mean nothing sometimes. Just a check to see if a prediction will play out. Good luck to me. Important dates: Oct 1 to Oct 3. Will break up or down. 60% chance of leaning towards going up. Price to swing up to $0.73. Then another correction ...
Hello. Here is one idea for XRP. I see the next pump making a triangle pattern more evident. I project the very soon coming pump, to around $0.60 to come very soon. This triangle seems to come to a head around the end of 2019. Expect huge things to happen with all of crypto as well as the timing rise in XRP. XRP tends to be a lagging indicator and of peaks in BTC....
Historically back testing analysis based on previous cycle. Basically, we are at the bottom ready to start the cold winter (sideways channel "chop-o-nachi") for most of the year. But soon, we basically go from 4k to 5-6K. Then we range sideways for awhile until we break from resistance, which is $6K. $3,500 should be the low of the channel from here on out. Good...
ETH along with BTC got rejected from what appeared to be a inverted head and shoulders. Unless momentum can be rebuilt by the bears. However, I don't see anything in the markets to be able to justify this move for crypto anytime in the near future. It is most likely we continue bear trend down. There is news of a split on Jan 14th for a coin reward. But ETH may...
I just haven't seen this idea anywhere posted. So I thought I would share it.
Possible inverted head and shoulders. Just putting it out there. Next breakout to 10K.
Just an idea. But all the good little boys and girls will wait for the great Phoenix to rise from the ashes in the field of crypto ... 2018 is the year. Not a happy story, now. But a possibility none the less ... Come back beginning of May if you are looking to enter this year. I think we have one more low to go, then go sideways until August for steep gains up...
just for observation sake. Looks bearish.
Say bye to 26,000. Analysis is a set up for bearish trends to come ... bonds are normally a safe haven, but look to silver and gold. And perhaps cryptocurrency.
If it couldn't be more obvious what we are in for ... A great buy on BTC!
Could this be a setup for an explosive summer? I don't know, but it's a possibility and something to consider. For now, profit can be made waiting for the bottom to play out on the now apparent H&S pattern to play out -with possible support found somewhere between 6500-6600. If we go lower, than that, I would expect a much longer drawn out 2018. But let's stay...
Being that it's correlated with bitcoin,LTC will have its breakouts timed with BTC breakouts. But I don't expect big moves until BTC breaks out of it's triangle. (See my other chart explaining this.) I have not seen any other posts regarding a symmetrical triangle (Maybe, because I am totally wrong). But this is what I see on the 1D chart ... I would say this is...
Just a possible scenario. Possibly find resistance on symmetrical flag and bearish move coming off of overall downtrend. If not, wait to confirm breakout to the upside and buy. Sorry for all my old TA trash. I'll clean it up next time. (symetrical flag in purple).
Expect it complete early this week and we get serious to building the future. Yes, it's hard to speak in confidence to our closest friends and family. You know ... the ones that just don't get it. "What is blockchain, again? Well, it's time for mass adoption. So tell everyone you know that it's going up from here. Good luck to all. On the 4 hr chart, it appears...