My last analysis on XRP regarding the similar trend pattern was correct. Now it looks like it will go into consolidation and keep it's upward trend.
Looks like a pretty clear triangle has formed. If we break any of these two barriers with confidence in the market, we can see either a bullish or bearish trend in the future. We'll see what happens from here, but my recommendation is to sit tight while the market decides what it wants to do before we make any judgments.
Hello ! Time to update as we hit the trend lines , following the arrows , either bouncing from current position or moving back into the teens accumulation zone . Good Luck and Enjoy the ride ! If you have any questions feel free to comment below !
As we have seen the recent uptrend in BTC from $4000-$7500 due to the fork, Well theres still the last wave left and it will reach again to ATH that would be $7980-$8000 So accumulate around $6800 and get on the rally again. Happy Trading:)
Everyone is saying: "Look at the trends! Don't get stirred by emotions, it's all in the TRENDS, TRENDS TRENDS!". I think we all agree, we just disagree about the trends we should be looking at. Here are some of the trends I found. Hear me out and feel free to break it down and critique. Take the 'my trend lines' the be the lines that go from lowest drop to...
the break defined a steep trend. I'll monitor these trends to see if a reverse move happens. Considering the fact that this pattern required a fairly long period to be formed, plus the price has bounced over a very strong support and resistance range defining a new probable ascending trend.
It's days like today I find that I am having to remind people what to overall long term trend looks like. Litecoin is still bullish as it remains in my GREEN BULL CHANNEL. This BULL CHANNEL is nothing to sneeze at. It has remained intact since early March and has never been broken to the downside. Until it does, I will remain a bull. Although I was stopped out...
Oversold RSI at Previous Structure R:R 1.63 TP at .618 Retracement
Seems like these red circles appear around critical points of the purple trend line. Could mean we are headed into some resistance around $310.
the pair as pinged off daily resistance, false breakout has also occurred with a high RSI. wait for confirmation, strong sell here.
DOW S&P 500 ALL World Markets (except Commodities) Super-long Term Analysis: Dow Stripped Bare - How Long Can This Keep Going On? Back To The Future or Forward to the Past: What the Past can tell us about the future... People talking about stretched valuations need to start stretching their own imaginations a little by looking back into the past for a guide to...
been shorting since 122 levels short again @117.833 predicting breakout on 4h . SL@118.195 tp@116.146
Good morning, traders! Here we have Ripple on the 4h chart. As price continues to the very tip of the wedge, one thing is for sure. PRICE. WILL. BREAK. Cryptocurrency is something I have been looking into heavily with my team at Six Figure Capital for the past couple week. Do you research, match it with technicals, invest/trade accordingly.