ptoth25

ptoth25 Updated 

I am fairly new to the markets, but I found a few similar features between the chart for the stock market crash of 1987 and our current situation. Any feedback is greatly appreciated!

ptoth25

We will know within the next week or so how likely this setup is... either way, if it falls below that risk level, get out! If it continues falling it will most likely only fall shortly until the RSI hits 30. I'll keep this post updated.

ptoth25

Looks like Ripple is about to break out... coming close to the end of the pattern, might have seen last bounce off the support before a run... any thoughts?

ptoth25

Ripple is developing a wedge pattern.. HODL!!!!! If it breaks up, buy more; if it breaks down, might be wise to sell! Any thoughts?

ptoth25

Looking at the short-term analysis, we can see that there is a wedge forming. The price is currently nearing the resistance. If it fails to break, it will fall below the lower Bollinger Band. This will indicate a breakout as the price will recover in an upward direction. At that point, we could tell the strength of the breakout based on the volume.

ptoth25

XRPUSD may see a consolidation as there is a resistance line that the most recent climb has dropped from. Could see some consolidation before it really takes off. Thoughts?

ptoth25

We could see a break in the price drops as the RSI has dropped between 20 and 25. Also, there is support at $0.88. Also, with the prices under a dollar, the price has become more appealing for new investors

ptoth25

XRP broke through the lower Bollinger Band on the 1D chart... looking for recovery soon!

ptoth25 Updated 

Stellar has dropped to the .618 retracement. Target price $0.57 followed by $0.66. Any thoughts?

ptoth25 Updated 

Is Bitcoin in a large consolidation period?

ptoth25

Ripple has retraced to 50%. It will most likely bounce off, but if it doesn't it will most likely drop to the 61.8% retracement. Hopefully this is it for XRP and the price recovers. Next target is $2.10 followed by $2.53. Any thoughts?

ptoth25

I'm seeing a flag shape forming inside the descending triangle. Both indicate a bullish breakout above $0.60. Any thoughts?

ptoth25

If XRP repeats its history, we should see a run up to ~ $4.00 followed by a correction to around $3.60 where it will consolidate for about 3 days. Thoughts?

ptoth25

There is a support line at $0.60 in which a double bottom could potentially form. Stop-loss at $0.50... any thoughts?

ptoth25

I noticed that the time between runs is decreasing by about a day each run... any thoughts? Also, what could this mean if it becomes less than one day between runs?

ptoth25

Just as we saw on the last run, XRP is showing a flag pattern. It's consolidating and preparing to break out. I think it will drop further to its support line and then break out. Looking at prices > $3.20. Any thoughts?

ptoth25

Based on a support line around $2.20, I think XRP will drop to that line and exit the handle there. Thoughts? EDIT: The double top pattern also supports this drop.

ptoth25

In the 4h Chart, there is a C&H pattern forming. There is support around $2.20, where it looks like the handle should drop to. Then, I see prices up to/above $3.00