groveguy

groveguy

MACD looking good MA 50 previously resistance turned support RSI follows the trend support Next leg 3750-3800 0.38 Fib level TRADE SAFE! **DYOR Its only meant for educational purposes.**

groveguy

1. Head & Shoulder pattern 2. EMA 300 holding as a support 3. Volume is low so it is likely that we might break EMA 300 and go down to that target box in the chart. 4. Watch out for he bearish cross in MACD

groveguy

MACD bullish RSI making higher lows Price action still due for a move up following the RSI (because of less volume over all in the market) Pennant pointing a breakout. TRADE SAFE! ** DYOR its meant only for educational purposes**

groveguy

Looks like bulls won't leave XRP alone. As you see here we have an inverse H&S pattern completed in weekly time frame and also RSI nearing its next support level also we are OS in daily and have a bullish momentum in weekly the only concern is VOLUME! Once we see volume XRP will be seriously bullish. TRADE SAFE! *Do not invest DYOR It's only meant for...

groveguy

This looks pretty much like 2019 but actually it's 2014 and applying the same as I did on 2019 chart.. same had happened back in 2014. TRADE SAFE! 2019 CHART:

groveguy

So as you see here on a monthly chart that we have broken all short and medium term supports and hanging around last long term support actually just above it and in a channel between fib 0.786 level. The bottom seems to be very close and it is highly unlikely that we break this last support making our bottom at 3150 and wick down to 2850 OR making 2850 the bottom...

groveguy Updated 

As you see we broke 50 day MA and retraced to FIB level 0.618 and also at the very same time hitting the support in the RSI. I must say it is a very important level to watch in the RSI. I hope we get a nice bounce by tomorrow IF NOT the weekend's low volume might get us in trouble and if we manage to stay above support level I learn a 5 days side ways movement in...

groveguy

HI THERE! As you see here previously I said that it is highly unlikely that we break below 0.618 FIB level. We do seem to hold it so far and also I warned about the weekend's low volume which could become the cause of breaking below .618 level now is that CRITICAL moment in next 11 hrs or so it will be clear what is the next move. 1/ If we manage to close above...

groveguy

We are due for a move up in the price action as we see higher highs and higher lows in the RSI which didn't reflect on the price action so far because of the low volume once we witness good volume we will make up for the RSI in the price action. Trade Safe!

groveguy

It's the weekend guys I learn that less volume is making us go sideways wait for the volume to come in on Monday and lets see the fire works. Trade safe!

groveguy

Watch for the bounce in the RSI from the support as described. If we close below it use it as a stop loss and keep an eye on the volume.. it should be significant. Trade safe!

groveguy

An inverse head and shoulder with Elliot wave speculation along the trend line which caused us to drop from $ 6400 mark. It's time to retest it. Trade safe!