Continued sell off, my gut tells me we'll find the floor at about .30, where I had anticipated in the previous video, linked below. Let me know your thoughts. Clear flag pattern at the moment, could see us getting to .33 until the bears come back in.
Crypto market analysis as a whole with a focus on XRP. Don't freak out, we're in a sideways channel.
Analysis on a largely sideways market, with some indications of bullishness. Overall the market is undecided at this moment. Could certainly see a big breakout happening in the near future based on the smaller timeframe pinch that is occurring.
Some updated analysis on XRP, looking for higher lows. I believe this could be the beginning of an interesting move. Let me know your thoughts.
XRP is following the pattern created in 2017 I had pointed to in previous videos, and I believe we just made our low yesterday which established the line of support moving upwards. I also looked at some intrabar analysis on the 1m which will determine if this is truly a H&S pattern we're looking at, or if this is simply a flag, and price pushes upwards over the...
Looks like it could be a good buy opportunity. Looking for a good buy moment when Stochastic is oversold and/or touching the line of support. Stay tuned, let me know your thoughts!
As the title says, I believe we'll see more short term bearish activity through the next week, with the completion of the inverse H&S to conclude in 2019. Best of luck everyone, hope you enjoy this video.
My overall bias is that GBPJPY will fall towards the lower levels in search of support. I am looking to see PA carry towards the 140.0 price level. That being said, i do believe we might be starting to see a change in momentum for this pair on a more short term basis towards the upside. This should become more clearer this week, however the multiple wick...
Made another video synopsis of the past 36 hrs of XRP, saw the huge lift I had been calling for following the conclusion of the bearish move. Looking for support following this large parabolic push. Look for dips to buy into at this point. Let me know your thoughts, and good luck!
I think this is a plausible explanation for what we're seeing play out in current day, compared to similar conditions of 2017. I took a deeper look at some of the trends prevalent in 2017, and found similar comparisons to what is happening in real time. Let me know your thoughts.
In this video update, we take a look at the DXY. We expect downside here however if we do see a shock in the numbers the $97.00 resistance that the market has struggled to get above of recent could be broken. The numbers are forecast to be slightly softer, as well as the US Bond market selling off, the USD could be in for a decline.
Continuation on the previous idea. I believe the support coming from 2017 will come into play as we look at the next month, but will likely first drop 10% to .30 before that big push, and see .76 by sometime in January. This would match very well with the correlating 2017 pattern, and pave the way for a bullish 2019. Let me know your thoughts!
Let me know your thoughts. Seeing an indication of a turning point for XRP
I revisited the resistance for the previous bearish trend of 2017, and found something interesting (but also frustrating, because it means we have to wait a bit longer!) I modified the resistance to represent what someone would have seen around mid August, and noticed that the piercing of that bearish trend looks a LOT like what happened when we hit .75 last...
Price action didn't go where we thought, but because we managed risk/reward well, we were able to make about 3/1 risk to reward ratio, and try again. Looking for another dip to reenter trade, likely around .37 to .40
Looking to this week to shake off uncertainty and break bullish or bearish. Will be interesting to watch.
Overall, I expect a likely uptrend to continue following the green support. If you're currently in this trade, I would likely move my stop just beneath it to collect profit. Let me know your thoughts in the comments!
A simple idea of what to look for when we finally break this bearish trend. We see late in 2015 how the most simple price action and EMA concepts can give us an undeniable reason to start building a long position. Once price broke above PA-based resistance, we got a retest of both the PA and the 55 EMA, we also see that the EMA's has flipped to bullish...