Bullish weekly price action for XRP.
This week will likely see an attempt to close below the Nov 30 weekly candle close (circled). Price has already attempted this once.
I was expecting a bounce from the 0.45 - 0.50 level, see the discussion in the linked idea below. Ideally, we want to see a weekly close above the 0.62 level which will provide the...
An update on XLM/BTC. It looks like a clear breakout from the Double Three structure with price breaking out from the zigzag into an initial five wave impulse of a smaller degree. Let's see how it plays out for confirmation.
Please refer to the previous idea I have linked below and follow for further updates.
This is not...
Here's OXTUSD as requested by 'NuMaUita'.
I think there is a possibility that this could pullback to the 0.22 level once more before going back into its upwards trend.
If it kicks on from here however, it will indicate a wave (iii) structure to one higher degree for which I have an initial target of 0.46 - 0.51 . Any further extended move up will...
I've counted this with many different sequences and feel that a Double Three (WXY) combination is what has likely been printed here.
It's possible that it continues to correct further to three corrective structures and forms a Triple Three (WXYXZ).
I'm looking for a set of five impulsive and composed waves to rule this out and signal a change in...
XRP/USD appears to have broken out of an Inverted Head & Shoulder pattern. Short term target is 0.54.
This is just a near term target and I am expecting XRP to rally much higher. I will be looking for a series of bullish patterns and waves to be forming in the coming weeks to provide added confluence.
Do follow for further updates.
Feel free to...
I don't see a great deal of strong support for BTC.D at its current level, some stronger refuge to be found around the 60% region. My analysis indicates a touch of trend line 'A' is likely. It may well try to correct here and give us more of an indication as to what's next. But, I am mindful that we may be heading for confirmation of a falling wedge If 'A' is...