developingtrader

developingtrader

this is not trading advice

developingtrader

either way i remain bullish. who cares if we drop 10% in the short term.

developingtrader

we seem to be stuck in the downwards Channel, just like BTC was now it looks like XRP has been traded on bullish divergence since RSI channels upwards yet XRP channels downwards momentums close to 0 first we need to break through the channel right now price is supported by daily 50SMA next stop will be daily 200SMA so we re looking for an approx. 30% increase in...

developingtrader Updated 

BTC on weekly 50SMA BTC is on the important Fibonacci 0.618 level RSI under 50 we might see a huge move by bitcoin soon. either we dump down to the weekly 200 SMA which i dont believe since 50 sma and 0.618 Fibonacci seem to support strongly or we bounce up to the 0.5 or 0.382 Fibonacci Level

developingtrader Updated 

our assumptions: XRP BTC highly correlated as everyone knows 2017 highs: BTC: 14.000$-19.000$, XRP: 2$-3$ current levels: BTC: 7200$, XRP: 0.19$ losses since 2017 highs: BTC: 50%-70%, XRP: ~90% our observation: XRP has a rocksolid support at 0.15$ <=> 0.000025 BTC by now everytime we shift into being oversold on the RSI and also move towards that support we see a...

developingtrader

Pretty sure LTC's next move on the 4hour timeframe will determine wether we see a dump or a pump soon. Ultimately i think the 50SMA will hold and we ll bounce back upwards.

developingtrader Updated 

insane priceaction on DASH all of the sudden. is the new bullrun starting this way?

developingtrader

Next move needs to be golden cross on 4hr.

developingtrader

When i think back to February 2019, we saw LTC as a leading indicator for the crypto market. Back then LTC formed a Golden Cross on 4hr-timeframe, due to botactivity but ultimatley, who cares? RSI, Momentum and the moving averages seem to behave just like in February 2019. IF we see bots/algos/whales push LTC in a way that a golden cross will form on 4hr...

developingtrader

XRP went downwards since July. XRP and its SMA's behaved similary from July to September '19. XRP going sideways for the last 2 weeks. Major support at 0.15$. 50 SMA still under 200SMA. Momentum at approx. 0. RSI at around 40 and lower on larger timeframes. So for the short timeframe i see XRP at around 0.21$ or even 0.25$ (within a week or 10 days) like it did...

developingtrader

Falling wedge formed during the last uptrend in this 2 year bear market. Possible Breakout to the upside (0.5 or 0.382 Fibonacci-Retracement-Level) since we saw 2-3 attempts to do so.