This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first...
Hey guys, chart speaks for itself, the RSI is showing a bullish divergence and we've seen an uptick in volume as we crossed the trend line. I expect a move north ASAP. Leave a like or a comment with your thoughts, Cheers!
If you like my idea please hit that like button and let me know! Feel free to comment your ideas below! We've found support along the trend line and are going to head toward the median line on the pitch fork, I believe we'll hit $1 in the next 35-40 days, hold tight as this could be explosive. This is a great entry zone with a stop loss around the 20 cent...
Hi traders, I think we're done going down for now. It looks like we're completing an ABC correction and we hit the .618 fib target. That doesn't necessarily mean we're going higher though. I expect C wave to take us up to the .66 area but much of this depends on bitcoin. Trade safe,
Hello Traders, KNC Broke out from a falling wedge and created a flag formation. It continues to coil up and I expect an eventual rise to about $1 and possibly as high as $1.4. We should consolidate around $1 but at this point, we'll need to see how this plays out. Currently there is a building of a bullish divergence on the 15 minute RSI. So I expect a move...
Hi Traders, As you can see, XRP has a bearish divergence building on the RSI AND was rejected by our local resistance at .1936. The bearish divergence is even obvious on the 1h chart. I expect XRP to pull back to the .618 buy zone indicated with the yellow box (around .1815). This is not financial advice, do your own research and most of all, good luck!
Hi Traders, If you found this analysis informational or amusing, the greatest compliment you could give is to leave a like and a comment, alright, let's get right to it... As you can see we've begun to correct yesterday's move. We have a bear flag setting up for a drop to the .185 level, there is also confluence with the trendline between the .786 and the...
Hello Traders, We have bearish divergence on the 1h chart. We may have hit the top but, I think we get one more shot at the .195 area. Ready for a pull back to the .186 to .1845 area. Likes take a moment to leave and are much appreciated, This is not financial advice, do your own research and trade at your own risk. Cheers!
Hi Traders, I've inverted the scale to give a different perspective, in the chart, the inverted scale gives a very bullish flag pattern, we have volume calming down and are almost at the apex of the flag. It could go against us and the price could rise but this flag looks like we're in for a nice correction to the down side (up in chart). Two targets listed....
Hi Traders, In the chart you will see we've bee printing bearish divergence and with the close of the 4h candle we just printed a HUGE Dragonfly Doji signaling further declines. I expect a retest of the channel at .1735 and if we sustain a break below the trendline, look out below!. Trade at your own risk, this is for entertainment purposes only and I am not a...
Hi Traders, As you can see from the chart we have bearish divergence, I expect a drop soon. Hopefully you didn't buy into this rally. You can also see another rejection from the top of the resistance. I expect a retest of .12-.14 soon. Leaving a like costs nothing but let's me know you got value from this idea and is much appreciated. Stay safe out there,
Hi Traders, Given all the negative global news about the beer virus, I don't believe we've seen the final selloff in crypto or the stock market. Let's be real here, crypto is a "RISK-ON" investment and right now, the world is "RISK-OFF". There has always been talk about a flush out that will end 99% of crypto assets and leave only viable projects in the end. ...
Hi traders, As you can see from the chart, XRP has topped out at the resistance line of .175 and is now retracing. I predict it will continue lower. The RSI is overbought and a tell was BTC was moving sideways while XRP was pumping. This was a nice stop hunt by the whales, hope you didn't get caught in it. I believe NOW, we can finally start to see some...
Good Morning Traders, I've outlined a speculative take on price action moving forward. The daily and monthly indicators are going to move bullish soon so this will either play out soon OR may play out after we break to .19 and retrace back down (several days) but i'm leaning toward now, it's too soon to tell but, if "every gap" does indeed get filled you should...
In the chart we can see bear divergence on the RSI. We also have significant resistance at the December lows of .175 with two rejections at the top of the bear flag I discussed yesterday, all this while also experiencing declining volume looks pretty bearish to me. The more times it butt's into the .175 resistance the weaker the resistance becomes so it's...
RSI is Overbought on the 1h and was rejected at the top of the channel, I'm sitting tight right now but would turn bullish if the top of the channel is violated and holds as support. This is not trading advice, trade at your own risk.
XRP has reached the top of the flag and rejected off resistance and is currently overbought on the RSI, I expect it to fall to the bottom of bear flag where it should break resistance, retest the flag and drop to double tap the previous low. Will it go further? Time will tell. Obviously it would invalidate my short call should it break .16 AND HOLD on high...
Clearer version of my thoughts on the impending drop. I'm new at charting so feed back is welcomed and appreciated. What do you think will happen? Thanks,