In this update I go through the waves, this time with a little more conviction and even going as far as to label small degree waves.
How about that...
Learning the waves is like going on Google Maps and learning every street in your neighborhood back to front and knowing them like the back of your hand.
Then you could plan a heist.
Same thing with the waves,...
In this quick update I talk about the signs of a reversal in the TRX\XRP pair and what that means for both Cryptos in the short term.
I also drill down to the smaller degree and explain how I see the waves.
In my opinion TRX follows Bitcoin whereas XRP follows the NASDAQ\Dow Jones.
These are very important distinctions which I will be elaborating on as I...
Just a quick to illustrate a potential reversal in the TRX\XRP pair.
A break of the dotted magenta line should indicate a break of Wave 4 and that a reversal could be taking place.
I believe this signals higher prices for TRX.
I will post a separate chart for TRX\USD with upside target.
Just remember: I am not a financial advisor, I suggest using this only...
This is video 14 in this series.
Before we really start getting into the essence of this entire series I want to add some more of my thoughts on these pairs.
We have just seen a break of the start of Wave E of Wave 4 in Bitcoin so I want to talk about how some ALT's have reacted.
So far this price action keeps adding credence to the FOMO\Hype scenario we are...
CURRENTLY PRICE AT SUPPORT LEVEL AND EXPECT A REVERSAL FROM IT. THIS IS VERY GUD BUYING FOR SHORT TERM TRADE.
PLEASE NOTE DO NOT TRADE WITHOUT STOP LOSS AND ALWAYS USE RISK MANAGEMENT SYSTEM. TAKE ENTRY IN PARTS
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BINANCE:TRXXRP
Price of Tron/Ripple is at a peak , the channel is showing it's movement for a particular period in it . So we are waiting for it's breaking the trendline so we will short this pair but also look for the Gartley Pattern.
This is not an investment advice just for education,
Thank you.
Pattern traders worse nightmare.
inv head and shoulder zones with a decending triangle and head n shoulder hourly pattern and a bullish flag on support.
This is a pair I would stay out of because there is NO DIRECTION being shown at this time.
A break of hourly flag *marked by pink lines* will help give us bullish support.
A break below the triangle can...
