Updating XRP, 30 min timeframe however, with Bitcoin moving KRAKEN:XRPUSD powerfully today, BITSTAMP:XRPUSD could be tempted to move UP from tomorrow, to roll with the NEw Zcrypto Bull momentum...
We just updating earlier posts ...
Please have a look at my RSI Indicator below The RSI on daily... See how things are coming together... Im not sure if other people view indicators this way
progressing nicely . Im loving my work lately !
Added FIBO extensions for the bearish move downward to lower levels Big Money Price target I can almost guarantee this is where we will see a mega move upward ... WATCH THE PRICE ! ITS COMING !!
Have a look at that Descending Trendline right there ... even if price does break out ..Id anticipate a deep pullback down to 12.5 , which is before maybe even heading down to 10.00 level .. which would be very lovely to buy from ... Waiting on this SEC news to do its thing and drive price lower
Im showing my full workings on the chart here Please note every detail! --------- I call this the magic box, which assesses range, support and resistance zones Adding FIBO retracements and knowledge of key areas in price Just have knowledge of your price pattern / trend line and you get a pretty good picture Psychologically, Bitcoin is too close to 30 000 ,...
11 Cents is KEY ! Havea look at that 11cents powerful reaction. I anticipate, or ratehr hope that price will go back further down the lower the better .. but that 11cents was a massive signal that its a vital place for buyers ... Dont be surprised if it dips lower , but a deep retracement will do Im buying more more more more !!
Have a look at this , Gold has been consolidating and been cooling off the over bought pressure. Its well cooled off now, have a look at that Weekly 50 on the RSI ( has bounced back and been basis for bull support over the last few bounces off trendline) 1775 level key level for a strong bounce I had been waiting for this to drop, but this is too strong ......
We will close the year with continued Bullish Momentum. Have a look at those Support Zones Lets make it happen !!
Im just amazed at the speed and volume trading volumes have move in , over essentially the last month Please note 20 MA applies (Yellow). Its still too early to figure your getting a ferrari off this setup but lets watch and wait for this to play out ..
With Indices being heavy loaded for Selling in all like charts (Nas100, S&P500, German30, etc) The Dollar Index must move opposite. I think in the interim, Im looking for UP movement on the Dollar pairs
3000 level to be retested at least. Id wait until we se what happens there. I believe though that Sell momentum is slowing compared to last year. We had spend a lot of time with a floor on the 6000 region before it broke further down. A lot of us had that as support. In the over all structure , we can easily fall further down should the market dictate it...
The Dollar could breathe and retrace after a few days of falling. Nikkei index is set for a Bull run as specified in the previous post. See the link below for NIKKEI225 setup I see this market wanting to use that, to COMPLETE THE SETUP. USDJPY aught to use that momentum to make a move from the 0.25 quarter to the 0.5 quarter , namely 112.5 to 115...
Its the first time Im analyzing and publishing Bitcoin. we may have reached a pivotal BUY point in Crpto . Bitcoins movements sift the whole market so ave a look at the chart. Triple Bottom, with a Higher low developing. All this on a oft tested level of 6000. Still has to break the Bear structure and may have a retest here or lower, but none the less this...
Its been a while since I published. Ive been checking Nikkei 225 for a while. The market has moved to a long standing Bull Trend line, where its developed Bull reversal this trading week over the last two days. With Asia session about to begin, watch for strong continuation. Yall know how JPY react. Very solid movers once a move is in play. This current level...
so looking forward to next week all the BUYS been squeezed out, giving longs big chance for big gains