Sometimes it goes like this: nice candles, nice patterns but dirty results. That's why you must never trust this market. Put a fraction of your asset in crypto buddy.
Weekly time frame: We have 3 hammer candles. We are not much overbought in any time frame. Today price could be just a shadow in coming days. No Perpetual trading is recommended.
Previous weekly candle is a huge hammer. 1.1 area has been cleared nicely. We are on two ascending channels. Descending wedge is broken. I'm waiting for a pump right from here.
This lower area has been touched by hammer candles, followed by nice jump. It can happen again and this time we'll touch previous ATH.
BTC dominance is falling like a log. Wait for Altcoin season.
It's my personal opinion. I won't sell a penny of XRP. No matter what will happen to BTC today and days after, XRP is a game-changer. It'll defy BTC dominance in a way unheard of. Let's see...
Daily Rsi shows a meaningful divergence. It's possible to have a severe crush.
It sounds that the ascending channel can no longer bear it. In case of losing it, upper areas can come to rescue.
Lower area has been proved to be robust support. Breaking above 2.7 will release the beast. Trading in areas between the support and resistance is little bit adventurous!
Despite huge purchases from whales We lost a strong support , due to market panic. Next support sounds a good entry area.
A breakout in 4H can bring us to to the bottom line of the bullish flag. Considering the whales activity we'll have a breakout very soon.
Let's make the long story short. We have two inverse Head-and-shoulder patterns at the same time. If the first is confirmed the second will follow. Wait for a weekly candle closed above the lower area.
Weekly candles breached the old down trend. An inverse head-and-shoulder is being shaped. That's just what happened to XRP but this case is different: 1- down trend is much older than XRP and could lead to a huge profit 2- BCH has no official hurdle. 3- its market cap is much smaller. 4- it's way far away from its ATH
A nice head-and-shoulder in an ascending channel. It's obvious but needs your patience.
Did you see that? It goes without saying. A huge bullish flag in weekly time frame. It can give at least %700% in mid-to-long term.
Weekly time frame: We have 2 successfully-broken-out double-bottoms which means a safe investment. On the other hand an inverse head-and-shoulder has shaped. 3 bullish patterns simultaneously!
We broke out of a huge wedge in weekly time frame. Two ascending channels have shaped. 3.5 is the first target which if broken successfully we can soar to the top of the channel.