xtremerider8

xtremerider8

ETH just bounced from a very impt support zone as well as the anchored VWAPS from Jan low & that from Jan1, 2022. Holding this zone will see the next 2 TPs shown in chart. Failure to hold the uptrending channel will send ETH lower to retest the 2 support zones in chart. Not trading advice

xtremerider8

Dot so far seems to be trying to complete the RS of an Inv H&S pattern. However if this fails, a retest of the bottom support zone may be next. Not trading advice

xtremerider8

BTC update from last post where I warned of a big move coming sometime on 17Apri night after BO of triangle. It happened. BTC broke even the very impt Head to RS trendline on 11pm Sunday. This technically VOIDED the Inv. H&S pattern unless this is a Beartrap. Next support is the 37500 to 36600 zone. Further down will see 34700to 33000 support zone. Downtrend...

xtremerider8

BTC broke below the small triangle & retested the Head to RS line. If this line does not hold, the inverse H&S patttern will be VOID. We may see 35-36k next support if H&S fails. Monitor BTC specially around 10pm every Sunday to see big moves. It is very impt for BTC to break above the anchored VWAPS soon to be bullish. Then a retest of dma200 will come. Just see...

xtremerider8

SHIBA update from my last post After breaking below the ascending triangle to make a Beartrap, Shiba went up to retest the triangle top, was rejected & came back down failing to hold the 2 anchored VWAPS from ATH (violet) & also from 1Jan (orange). With short term downward, it is very likely that Shiba wants to retest the 0.00002427 support which is also near the...

xtremerider8

BLOK after completing a big M-pattern is consolidating inside a DARVAS box. The bottom of this box brings us back to Dec2020 right before the launch of the big rally to ATH, which offers an attractive buy point with very low risk to reward ratio provided a cutloss is in place. Bouncing from the bottom will see BO of box to reach the various TPs indicated on the...

xtremerider8

XRP update from recent post showing 0.70 & 0.60 as possible support points after triangle breakdown Although XRP rallied quickly from 0.70, it was stopped by my 0.79 to 0.82 pivot zone & was not able to hold the dma50 green line. If 0.75, the 2 anchored VWAPS will not hold, we may be seeing a retest of 0.70 (Fibo 0.618) where the rally started or worse even back...

xtremerider8

TEZOS is holding the 3.23 to 2.72 Volume Profile support zone & is now trying to break above it with a higher high & a higher low in place. If it succeeds in breaking above the black anchored VWAP from recent low & then cross above the nearest GANN line, then the next 2 FIBO levels will be targets. (See chart for TPs 4.48 & 5.37) Rejection from VWAP or GANN line...

xtremerider8

IEV Europe broke down from 50, a previous top several times. If it will not reclaim 50 next week, it may go down again to retest the previous breakout from a BIG 2007 triangle at around 45, which is also the FIBO 0.382 level. If 45 will not hold, then the FIBO 0.618 at around 40 will be the ultimate low. Not trading advice

xtremerider8

An update: XRP as of now has made 3 green candles when it bounced from my 0.70 support zone. It is now within the double downtrendlines…waiting to break up or down. Breaking above will see retest of 0.90 recent high. However, it may also break down & retest 0.60 & this must hold to be still bullish on XRP. Not trading advice

xtremerider8

ACWI just confirmed a med term uptrend when it bounced off 97 support zone (with a long weekly hammer) ,also bounced off the top of the megaphone pattern from 2018 to pandemic low. Worst case scenario if 97 do not hold. It may go down to 90 to retest the top of a very big upchannel. Not trading advice

xtremerider8

Chart reveals everything. Fundamentally, AAVE is a push for banking without middleman.

xtremerider8

Natgas may still have a very big upside considering Russia will be doing everything to win the war before May 9. It is very probable that Natgas will be able to reach the 1.618 FIBO level 8.255 in June 2022. Very Interestingly, 8.255 is also the measured move from the triangle.(see chart) Not trading advice

xtremerider8

SHIBA update. SHIBA recently brokeout of 2 trendlines but since has retraced back inside the smaller symmetrical triangle as expected from a big jump. See chart for the next 2 scenarios & next target levels. Breaking out of the symmetrical triangle will be good but SHIBA has to BO above the ascending triangle to be really bullish. Highest probability is that it...

xtremerider8

Chart is self-explanatory. See the buy zone upon BO of trendline above 9.0 resistance going into the cloud. See the Target levels. Not trading advice

xtremerider8

BTC took 66 days to make the Head & 22/23days to make the shoulders. After completing H&S, went down & overshoot the neckline. However, the Inv H&S is still valid as long as BTC does not break below the violet triangle. BTC now resting at the lower edge of triangle. If it bounced upward, the measured move of the H&S will still be in play.(see chart@59744) However,...

xtremerider8

Update from a previous post. So far CELO is still following my 2020 fractal but in a smaller scale. Notice there are 2 H&S formations; big & small. However it came back down to the neck of the bigger H&S & broke below the neckline. If this is a Beartrap, CELO will breakout of the consolidation zone soon & proceed to the breakout zone above all anchored...

xtremerider8

Update from a previous post. MANA finally reached my green support zone & bounced. If there will be a follow-up candle tomorrow, this may most probably be the bottom reversal process in play. Set tight cutloss in case it falls more. Not trading advice