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** short term analysis, the days ahead ** Price action on XRP has returned an impressive 150% gain in the past 10 days. A number of reasons now exist for a reversal and correction. On the above daily chart: 1) RSI and MFI support breakouts. Don’t ignore a MFI breakout, this is informing you money is exiting the asset. 2) Confirmed Gravestone DOJI candle. 3)...

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** short term forecast, days and weeks ahead ** On the above 10 day chart price action has crashed 95% since support failed. Today sellers are trying to push that correction to 100%, are they right? Unlikely. 1) Price action (not visible on LOG) and RSI resistance breakouts. 2) Support on past resistance confirms. 3) Trend reversal. Higher lows print. 4)...

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** A forecast for the months ahead ** On the above 2 week chart price action has enjoyed a historic 60% rally in only 12 months. There’s talk now of a massive rally for higher highs. Is the talk correct? “David Morgan: Silver to US$40 in 2025, Then Blow-off Top in 2026?” And 60% isn’t a blow off top? investingnews.com Technical analysis now supports a number...

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Following the successful “short” of eVTOL manufacturer Lilium (idea below - read for deep dive), we’re now going to target another. This time, Joby Aviation. The principles behind this idea are the same as was with Lilium, mixture of fundamentals and technical analysis. A lot of the criticism from my own quarter comes from the promises that certification is just...

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On the above 5 day chart price action has corrected almost 80% over the summer months. Retail traders have capitulated. Now is a good moment to consider a long positions before they FOMO back in.. why? 1) Price action and RSI resistance breakouts. 2) Support on past resistance. Red circles. 3) The bull flag itself forecasts a 300% to $10 Is it possible price...

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On the above 2 week chart price action has corrected around 50% since May. A number of reasons now exist to consider a long position. They include: 1) Price action and RSI resistance breakouts. 2) Support confirms past resistance (blue arrows). 3) The trend, higher highs higher lows. 4) The Bull Flag, 2nd impulsive wave imminent. Is it possible price action...

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On the above 10 day chart price action has corrected 70% since mid 2023. A number of reasons now exist for a long position, including: 1) Price action and RSI resistance breakouts. The recent rally in price action has broken the downtrend confirming past resistance as support. 2) Regular bullish divergence. 3) The falling wedge pattern has now confirmed with a...

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This is a 6 month forecast. On the above 6 day chart price action has corrected 80%. A number of reasons now exist for a bullish outlook. They include: 1) Price action and RSI resistance breakouts. 2) Strong regular bullish divergence. 3) No share splits. 4) 12% short interest. 5) The forecast is to the upper channel resistance. Is it possible price action...

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Following the successful “short” of eVTOL manufacturer Lilium (idea below), we’re going to target another. This time, Archer Aviation. The principles behind this idea are the same as was with Lilium, mixture of fundamentals and technical analysis. For some years I’ve been watching with interest the electrification attempts of the helicopter. Referred to as eVTOL...

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On the above 10 day chart price action has corrected 90% since May 2021. Will the correction continue? Unlikely. Why? 1) Price action and RSI resistance breakouts. 2) Regular bullish divergence. 3) Bull flag confirms support on past resistance. Notice the bullish engulfing candle? 4) The forecast is made from the first impulsive move. A 2nd impulsive move from...

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On the above 2 month chart price action has enjoyed a 340% rally from the $7 lows of 2016. A number of reasons now exist to take a bearish outlook. 1) Broken market structure printed in 2013. Confirmation of broken structure printed recently in March 2022 (yellow arrow). 2) Trend reversal. Lower high replaces higher high. 3) The rising flag pattern is...

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This is a short term forecast between now and the year end. On the above 2 week chart price action has corrected 80% from resistance to test support on past resistance. Reasons to be bullish: 1) The next resistance confirms support (red circles). 2) RSI resistance breakout and support confirmation. 3) No share splits. 4) Off-Exchange Short Volume Ratio...

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On the above chart price action has been trading sideways since June. Recent developments suggest a bearish outlook. They include: 1) Price action and RSI support breakdowns. 2) Trend reversal confirmation with double top print. 3) Rising wedge confirmation with 50% correction forecast to $4 area. Is it possible this is all gibberish and fundamentals don’t...

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In seven days from now Palantir will publish their not so hot earnings report. How can I know this? The chart. On the above 6 day chart price action has rallied a massive 600% in 24 months. A number of reasons now exist to be short. They include: 1) Support and resistance. Both price action and RSI are at resistance. 2) Price action support has failed. See...

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A short term analysis for the days ahead. After a 40% rise price action on the above 5hr chart breaks price action and RSI support. A back test of the 2730 to confirm past resistance as support seem highly probable. Ww

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On the above 1-day chart price action has fallen 95% since last October. A number of reasons now exist to be bullish, including: 1) The ‘incredible buy’ signal. 2) Price action and RSI resistance breakouts. 3) Point 1 & 2 are also true for the BTC pair (see 1-day chart below) 4) Price action just printed a higher low on the golden ratio. Fantastic. Is it...

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This is a forecast through until the summer of 2026. On the above 3 week chart price action has enjoyed a wonderful 400% rise from the bottom. A number of reasons now exist for a bearish outlook. 1) Price action and RSI support breakouts. 2) Regular bearish divergence. Lots of it. 10 oscillators print negative divergence with price action. 3) Almost all...

without_worries Updated 

On the above 2 day chart price action has corrected over 80% since November 2023. A number of reasons now exist to be bullish. They include: 1) Price action and RSI resistance breakouts. 2) Trend reversal. higher highs higher lows replace lower highs lower lows. 3) Support on past resistance. Look left. 4) Everything that was said above (1 through 3) is also...