tushar_chawla

tushar_chawla

As expected we saw XRP take a heavy hit and find support around the .25 region but failed to hold that support. I expect the next support regions for xrp to be $.17 and $.13!

tushar_chawla

Given the trend (symmetrical triangle), I would imagine a bearish move from this triangle! Explosive move incoming for xrp community

tushar_chawla

Consolidation to reach 800 I imagine

tushar_chawla

We can see bullish engulfing candle on trendline reversal! Target: 29k

tushar_chawla

So, as we can see and as I had tried to analyze in my previous ideas, it did break out of the channel, but we did NOT get as good a boost as one would hope. In this idea, what I want to do is go over the possible scenario that might make sense for what has been going on with GRT in the past 2-3 days! What I have come to realize is that I might have been trying...

tushar_chawla Updated 

Just wanted to know if its a valid ascending triangle for BTCUSD. Would really appreciate a good answer/explanation!

tushar_chawla

It did not break the channel at $.40 support I was hoping, but the downward channel is still holding. if we do not cross the channel in the near term, we might have to wait for $.30, $.25 support to help push the price

tushar_chawla

I am def bullish on this one!

tushar_chawla Updated 

Since no one had posted in GRTUSD for a while, I just wanted to make a post as more of an update to what is going on! There isn't anything exciting right now, so it has been pretty quiet. As we can see there is a bigger channel that formed after we fell from the .42 to .60 run. We recently tried to break the channel again, but without much buying pressure we fell...

tushar_chawla

Not only did we break triangle formation, we also broke another support line. Last hope at $.42.

tushar_chawla

As I analyzed earlier, we are still holding the support resistance lines with a lot of consolidation now, this is ready to explode Something major is about to happen here guys! This is so nerve wrecking!

tushar_chawla

The bad news in the market has led xrp to break all the support in the $.4 region and the bears are still dominating the market. I believe it will be able to find major support in the @.22 region which has been the biggest support in the xrp history

tushar_chawla

I know this looks silly and really hopeful on my part (personal bias) maybe, but could this be the bigger picture? Please let me know how you guys feel in the comments! Could the breakout of this triangle lead to something big? The reason I am this hopeful is because I believe in this coin. It is unlocking something major for all the developers in the crypto...

tushar_chawla

After breaking the $.51, it seems like we are in another downtrend setup in GRTUSD chart. Looking forward to the next major supports at $.47 or $.42 or else we could see more downward movement.

tushar_chawla

After a good run and a break of the pennant pattern, the only thing waiting for a higher target is the red resistance line. With good news (Electric car), expecting to clear the resistance and break through. Next target set around $155

tushar_chawla

The lower support at 44 cents has helped break through the channel, after this major resistance, we could see a good jump hopefully

tushar_chawla

The big bullish break through the channel could be the reversal we all have been waiting for! If we break the channel, expect big move in GRTUSD

tushar_chawla

STILL Staying inside the channel, looking for the next support to help find a break