I am simply proud of this TA, and would like to publish it so I can look back on it. Will be making a new storm TA, as I am expecting an Elliot Wave sequence with a possible 5, but I need to do more research.
I drew that yellow line its resting about 3 weeks ago, and it is really sticking to it. From using my graph, I predict that we will exit the fib circles with a new pump, XLM and XRP have always had similar pumps every 6 months, so I'd be fascinated to see if it does it again. Secondly, the commodity channel index, is predicting a period of stable accumulation...
This line I drew months ago, and I have been dragging it further across for months, we bounced off it pretty well at 6k whatever it was.
This is it. This crossover and wedge, if we dont bounce here, we are probably going down a lot more.
This wedge has been pretty damn accurate so far. Infact as typing this it bounced off of it. So. Hope and pray.
So, I stopped making graphs due to... well I don't really know. I lost my mojo, felt like nothing was right. But now I think I'm back in the game.
READ GRAPH FIRST
So my overall verdict, is I think we will dip FIRST, to the bottom of the cloud, there isnt a lot of volume at the minute supporting the mystery buyer pump. Which seems to keep happening. If you...
All important things are on the graph, I see a nice cup and handle forming. Breakout looks to be imminent.
ENTRY: $1.13 - $1.12
STOP LOSS $1.11-$1.10. 2 Cents beneath whatever you brought in at.
Anyone who followed my POWR trade yesterday, wowee!
Hey everyone! I am back! And this time with a short position on EMC2. Its never too late to do TA on a coin! Most of the writing is on the graph. But for clarity:
***ENTRY: 0.101 to 0.105
***EXIT: Anywhere above 0.1125
***STOP LOSS: From 0.97 to 0.95 depending on your entry. The basic percentages are included on the graph.
EMC2 Is a high value coin that goes...
XRP has had a very good run in the past few days and has in fact gone past the 25cents barrier soaring up to 28cents per XRP
From what I can see it has had its bullish run and will likely now start correcting back down towards the norm.
But XRP is not really a day trader coin. (Well it is but...)
Please see next graph for XRP on a day basis analysis.
BitBay seems like the perfect investment right now. Its stabilized along the 786 Fib, its got a perfect time to start with the bullish market again and it could be perfect for a 2x investment. A Projection of bitbay will arrive a week from today on the 18th.
If you are in XLM this may be your chance to get out. Long term it does not have a future, it has not released any major news in months that make it anything substantial. Short term you can get out with 15% from where it is currently at.