Quick run through my charts this afternoon to see what price action is telling me. That be telling me "I WANT TO GO LOWER". From a weekly and daily perspective, I see some more downside ahead. The 4HR is my favorite chart and as today we managed to see price action break the 200EMA and not look back reaching the first red zone, i called the other day, so...
Price action manged to break lower as expected and hit the $1.00 zone pretty much to a T. At the moment, my charts are telling the potential is still there for a little more down zone even thought I would like to see price action make a huge move up. My bias is that price action may break the fibo zone i mention in the video and move to the zone just below,...
Short video highlighting why I'm still seeing some downside out of XRP/BTC. At the moment, price action is playing out as i expected and mentioned in my last two videos (see links). My charts are not telling me anything different at the moment, so I'll keep that biases. I mention generally two areas, i think price will move too before heading back up, but...
While we did get an upper trendline break (on my charts), price action has now moved back below and looking to break the lower trend. So i was half wrong my my thoughts last night... damn you price action! Anyway, at the moment, i do think we might see some continued downward movement to the $1.05-$1.00 area before we find some good buying support. We'll...
Name that tune!!! I know the title is from some song and i just cant' think of what is it... let me know!!! Anyway, my expectation from the previous update on 2/15 is playing out with downside price action movement. Certainly do think we'll see that 10,000 to 9,500 satoshi levels before seeing 12k again. Someone call a doctor already!
I just realized i had not done an XRP/BTC video for over a week, so here it is. I have to be honest... I want to see a bull run, but i'm thinking the bears are winning at the moment. The 12000 satoshi area seems to be doing a very good job at keeping price action down. I think we see 10,000- 9,500 satoshis before we see a break of 12000. I hope you enjoy...
This technical analysis will demonstrate the macro view of 2018 up to Feb 9th, 2018 with todays current intraday micro view.. Since the year began we can clearly see that we mainly have started this year in a bullish tone/trend with BTC trending straight down. Many who got in early in the year have seen their portfolios drop by 50% which is excruciating to...
Quick review of the setup i was looking for to play didn't play out as expected. So back to monitor mode on this crytp to look for the next another setup.
While I would like to stay that XRP it about to go on a massive bull run again, I just don't think that's going to happen yet. I'm thinking we are going to see more downside on XRP and I've identified to downside targets potentially. We shall see... Like, comment, follow!!
After my analysis, I have determined that I temporarily disagree with other analyst in which they have determined that a bullish reversal is coming or near. We have been in a negative trend for quite some time now. It astonishes me to see that just cause today Feb 7th, Tuesday has been a decent day in crypto and BTC specifically watching BTC go back up a little...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
I've identified a bilateral pattern otherwise commonly known as your typical descending triangle. Today Feb 1st, 2018 at approximately 5:30 am it broke the support line from the triangle as you can clearly see. That signals a breakout downward. Now , the questions is where it will try to test next. Well, Ive identified an old trend line that is the purple dash...