Ascending triangle is a bullish pattern and is formed on an uptrend as a continuation pattern.
Technical analysis: . RIPPLE/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
Technical analysis: . RIPPLE/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 42. . While the price downtrend in the Daily chart is not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of temporary...
The fall cycle is not over from FIBO 71.8 there may be a fall correction Will fall to BTC XRP/USD can not grow to $
#XRP- Ripple is sitting on the 50 week support line. Fib levels match up w/ 50 week, see if this can hold 7k+ and go to 8-9K, if not expect it to fall to the next level.
$XRP looks like it's about to make a move and at the moment that move looks bullish. Hidden divergences (CHECK RELATED IDEAS) and a falling wedge that looks like it has completed it's count and is knocking on the resistance of 8000 satoshis. If it breaks through this resistance it should knock on 8200 resistance soon after. This is not trading advice. I use these...
Same play as found in $TRX (CHECK RELATED IDEAS) Only differences is $TRX is a 1D chart and $XRP is 4H. Still you can get they same concept. The start of a climb up as it starts to create a bullish divergence. Just keep in mind what ever plays out next be a bit more bullish. This is not trading advice. I use these charts for education purpose and for fun....
XRP failed to hold previous supports (CHECK RELATED IDEAS), which has resulted in a lot of red candles. It is still in a correction phase, but for how longer? Dipped into oversold on the RSI is a good indicator that an upwards move is about to happen and a bull flag coming to the end of it's stop about to make a move up (possible targets of 0.0000960 - 1000),...
If you look back through the $XRP 4H chart you will see that previous resistances have become support. There was a drop to 0.0000825 (possibly a bull trap), but because of how quick it happened and shot back up to 0.0000843 it could possibly fall back to this area to complete the C wave correction. RSI uptrend is still in play, previous supports at 16.5 and 29.9...
With the use of Elliott Wave count we get to see a possible pattern or direction in which $XRP is heading, a possible read on what's in store up ahead. With the help of fibonacci I see this being the possible stop off of a C wave correction. On a bigger scale this is not necessarily a bad thing this is a solid good correction and on a bigger scale we are still on...
As we can see labelled on the chart there is 2 Pennants but are they both bullish? When you take the length of the pennants flag pole and place it to potential break out area it is to give you a rough estimate to where it stops off to correct. But in this case pennant A's break out exceeds it's flag pole in length (up to 0.000087) and climbs up to reach 1.618 of...
$XRP currently liking the climb of $XRP, recently I have been on the button with these calls so I'm excited to see how this next part plays out. We have completed the head and shoulders and on our way up. To get a possible Idea to where we should come to a halt and begin to fall back down, you simply take the length of from neckline/resistance to to tip of head...
The climb up to re test 0.0000830 is possibly in the formation of an ABCDE ascending triangle and on a larger scale the right shoulder of a bottom head and shoulder. Before it can be confirmed it needs to break through a strong Resistance zone of 0.000082547 - 0.000083019 to confirm the neck line.
The targets I set in previous charts (CHECK RELATED IDEAS) have hit for $XRP. Onto test another major resistance and then $XRP can break free from being under 0.000100 sats This is not trading advice. I use these charts for education purpose and for fun. Constructive criticism is welcome
2 straight forward outcomes. If $XRP shoots up into green zone things are looking good, but, if it falls back into red zone 0.0000779 it's another long climb back up to test 0.0000829. Green area has strong resistances and if are broken it is gonna be an upward trend for Ripple. This is not trading advice. I only use these charts for education purpose and for...
Technical analysis: RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *Price is in the support zone (0.00009 to 0.00006), traders can set orders based...
Technical analysis: RIPPLE/BITCOIN is in a range bound and Beginning of up trend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 44. Trading suggestion: *The price is in a range bound, but we forecast the uptrend would begin. *Price is in the support zone (0.00009 to 0.00006), traders can set orders based...