Hi everybody,
Drew this long term curve with much more realistic prices than I posted in my previous idea. Have a good look at where we are right now. You can draw a medium curve inside of that bigger one and then determine of where we are going next. I see more sideways action until we closd above 0.70$ on monthly candle.
7-9$ per xrp is very realistic looking...
#LBC
At the moment, there is a minimum price range for this market, as you can see, the absolute minimum has recently been reached. In the long term, a rise in MACD is seen, at a time when the price was falling. Such a divergence gives the market a good chance to make a rebound and step significantly higher. The RSI periodically was in the oversold zone, but now...
It's time for an update on BATBTC, since it invalidated my short term short idea that I posted before:
This does not mean that it can't drop from here, but that my perspective is neutral at this time. On my previous chart, I did say that we could target the 6000 long term resistance. We made an attempt, but didn't make it up there. Instead, we got stopped at...
Hello all,
Well, here is an image to have you running for your brown pants...
Charts look pretty similar don't they? If you've been following the price of ETH, which I assume you all have, it's sitting at $200. That is a substantial drop from the price above. That could easily be Bitcoin's fate and so at the moment, I am not exposed to bitcoin.
This last...
"Everything between 4k and 15k is just noise." Here's a ultralongterm perspective of BTCUSD.
Word's not needed.
Disclaimer:
Never make decisions based on others TA. This one included.
Always do your own TA, always form your own decisions.
Bear at heart, bull in mind.
Always have two scencarios (minimum).
This is educational theory and not fact, this
may...
NEO/USD calculated from this moment, can be some correction after sometime low than calculations. See at the repeat perspectives and speed of this market!
I have to admit that I have a very bullish vision with regard to Ethereum.
Once the major area is passed (850) the price reaches a maximum value, then we get a confirmation of the major support area and the climbing will continue.
Although the price fails to make new highs and exceed the 1300 area, I wanted to remind you that the
January months always represent...
In this analysis, I believe that the market will make a 38.2 retracement of wave A.
(WAVE A: Bullish commencement - Potential Bear Wave/Consolidation )
Note that the dashed lines within the 38.2 area represent a channel of past support and resistance.
If my hypothesis is correct, then the market will return within that area.
I'm mainly focusing mainly on...
ETHUSD Update: 207 resistance that I reported yesterday clearly held and selling momentum ensued. Bears are still in control for the moment. And with the additional price structure in place, there is more information to consider.
Overall, this market is consolidating which is noted by the converging trend lines. No surprise since there is a ton of uncertainty...
Soon, when USD begins strengthening, and bears have fully immersed themselves in NZDUSD, this pair will go down.
This is a perspective of the Daily TF, the next post, which I will link this to, will be the hourly setup that will help me trade this NU short.
