Welcome to everyone interested in the Ripple coin!
I'm expanding my analysis upon this instrument as well(see my BTC posts).
This idea is the root idea every other post on Ripple
will be related to.
I base my TA on the widely known Elliot's Wave Theory
(influences as well: Prechter, Voronin(ov?), Frost).
The base wave map will be carefully analyzed
and all the...
A very strong triple reversed bearish divergence c.A has just kicked in.
This is a sign of a great bearish pressure.
But a small return fire finally came from the
(asian? already? hard to keep up with everything...)
markets and we have consumed a lot of the impulse related to this divergence
by another small divergence - but this time a reversed bullish...
Bitcoin is currently in a holding pattern, between the 200MA and previous resistance-turned-support. As long as we hold this support, we are poised to go higher.
First target is the 9500, then around 11000.
The most bullish scenario would be to consolidate here for a day or two, pop above the 200MA, which would then act as support on the way up to 11k.
Bitcoin continues to trade towards the $6,650 resistance level in early Monday trading, after finding strong technical support just the $6,400 level on Friday. BTCUSD bulls now need to break above the $6,700 level to validate the bullish inverted head and shoulders price pattern across various time frames. BTCUSD sellers will attempt to break the key $6,400 level...
Hey Everyone TGIF (Thank God It's Friday),
Different than stock market the Crypto market is 24/7 what gives you the option to choose when to trade and also more options that fit you.
Today as you can see in the Graph of the Ethereum it seems that now starts a small correction upside,
Targeting between 310-324 USD ( minimum rise by 14 USD.
New Corporate funds...