RickyPMN

RickyPMN

I've been tracking the Inverse Head and Shoulders formation on the ETHBTC pairing and it appears to be breaking out. If and when neckline is confirmed as support ETH appears to be able to outpace Bitcoin about 50% to reach it's target. Personally been moving some of my long term BTC holding to ETH during the formation of the right shoulder. Will do more when...

RickyPMN

200 Week Moving Average has held as support the last two times BTC has crashed like this. We are at it right now in the 5600 ballpark. Bulls must take their stand here if BTC is to do what the bulls would still like it to do, which is take off on a bullish run after the halving this spring. I'll be watching closely to see the reaction off this level. If we...

RickyPMN

Hello fellow Crypto lovers! Possible nice set up for a long of ETH here. There looks to be a nice area of support found for ETH in the current range. While trying to see a wave pattern today I noticed that this move so far in 2020 would fit nicely into a 5 wave structure with this support area we are in now (supported by local trend line) being the end of wave...

RickyPMN Updated 

LINK is charting some insteresting similarities to it's movements in 2019 right before breaking through it's previous high and setting an entire new level of value for the coin. If the chart plays out similarily in 2020 we are on the verge of a massive breakout for LINK. On the chart posted above, you can see a side by side comparison from the 2019 and 2020...

RickyPMN Updated 

Que Marv Albert "YESH!" The moment ADA rubes have been waiting for appears to have arrived. ADA has been printing a nice Ascending Triangle Pattern for weeks. Today has given us the candle that appears to be breaking clear of the .10 cent meat grinder. Looking back over other Crypto's (BTC, ETH, LTC, etc) that have cleared the top line of Ascending triangles...

RickyPMN Updated 

I continue to be very interested in XLM. Referencing my previous post on XLM, the right shoulder of the inverse head and shoulders pattern ended up being very violent and broke through the neckline like butter on a rampage straight to 16 cents. Go XLM!! Woo woo. Now Bulls are looking at where to re-enter into a new trade after taking profits and knocking it...

RickyPMN

Hello Tradingviewers! This is my first published post, so please be gentle. :) I've been watching XLMUSD for a while and have noticed an Inverse Head and Shoulder pattern forming on the chart. Cryptos have been taking off and many coins are trading at, or above, the price they were when the BCH war brought about the last part of the crash back in November. For...