Satonacci

Satonacci

Hello guys! How are you going today? So what can we expect for Bitcoin? Instead of jumping into a biased analysis while saying “Bitcoin” is bullish or bearish or will go there and there…. – I would prefer providing a neutral analysis including a bullish and bearish scenario - then, you decide ! Let’s jump into the facts! Bullish indicators On the monthly...

Satonacci Updated 

Hey everyone! I believe lots of things happened since last year and it is time to provide you an update about XRP! I have been working really hard to improve my skills and will try to share the most of it through this analysis. Most of Crypto Traders (CT) believe that XRP is in capitulation and has not finished its downtrend cycle as new lows have been found in...

Satonacci

Hey everyone! I am back! Did you miss me? If you would like more analysis, please, comment and like my article. My approach for the $0.08 / $ 0.10 target is a top down approach and I mainly use Elliot Waves Theory from Prechter et.al – (2018) 1 - I have identified a 5 impulse waves structure responding to the typical Fibonacci retracement and 5 corrective wave...

Satonacci Updated 

This is a possible bearish scenario.

Satonacci Updated 

1. Introduction Is XRP starting a new bull-run? This question is legitimate… XRP took up 20% in a couple of hours! It is quite unexpected as we have not seen such momentum for weeks! Let make things clear and extinguish all useless euphoria; XRP has won a battle but all enemies are not defeated yet. Please, have a look at my last post if you need more details: ...

Satonacci Updated 

Please, have a look at the beginning of my analysis if it is not yet done. Otherwise, it would be difficult to understand this one (link is here: ). Yesterday, I told you that XRP on the hourly chart will give another try to breach 2.111 but it was unlikely it could succeed. Indeed, XRP only had EMA55 on the hourly chart to be supportive against 2.111 on the...

Satonacci Updated 

XRP: The face of the beast I) Introduction I do not know if you remember but last week I described XRP on the daily chart at the hedge of: -Long term parabolic resistance -EMA55 resistance -Middle and long term support based on trendline in orange (long) and purple (middle) You will find more details here: The price is currently contracting among these...

Satonacci

Dear traders, I would like show you a method to identify a tendency according to time periods. My objective is to determine when XRP will start/stop to correct or break out. On the daily chart, my method consists of 1) using Fibonacci numbers as follow: a. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597 b. drawing time periods from...

Satonacci

Doing the right count would help us to determine where we are today and where we are going to! It is not something approximate and based on gut but should be supported by academics knowledge and reliable sources. Based on Elliott Wave Count, assets move according to 5-impulse wave sequences such as 12345 (where waves 1,3,5 are bullish and wave 2 and 4 are...

Satonacci

This time, it is BTC against XRP on the weekly chart! I start my analysis in 2013 and I do not use Fibonacci but Pythagoras - If BTCXRP goes down, then XRP goes up! We can see that every time XRPBTC reaches 0.707, it goes to 2.236 and goes down right after - then, XRP bullrun How did I found 2.236? It is the hypotenuse of a diagonal with a right triangle...

Satonacci Updated 

Dear traders, I would like to catch with you on an interesting retracement that I have found on XRP (and BTC 1.43% ). Basically, I start from the last high to the bottom and found very often -a correction on the 0.666 -a tentative to push the price down to 0.444 or 0.333 -a rebounce to 0.555 or 0.666 -If it fails to break above 0.666 and go below 0.333 =...

Satonacci Updated 

POLONIEX:XRPUSDT Dear traders, please enjoy my trading analysis, I go straight to the point, no bla bla. KPIs -XRP has to break above $0.38 to start a reversal tendency -If it fails, we could go back to $0.20 - $0.28 zone -In my opinion, between $0.28 and $0.38 is a no buying zone - we should have a confirmation (with volume) above or below Arguments 1)...

Satonacci Updated 

I have found that between each correction and next pulse there is a rough time of namely 45%, 65%, 45%, 65%. I believe that this pattern will occur again and again. If we have finished the big time wave of 200 days and believing that the next proportion will be 45% and knowing that 200 day time wave is fractioned as follow: 80d = 37d + 25d + 11d + 7d Then 37/80 =...

Satonacci Updated 

I believe we are ending the C wave from an 12345ABC that started in April 2017. The red arrows represent the supports for the trend lines forming triangles. The break outs started at the end of the Apex A and B. In A, we can recognize that the break out happened to form the 3rd wave. It started at the end of the Apex, which was formed from the supports in...

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Please, watch the video and write down your comments!

Satonacci Updated 

Hey! What's up guys? let's jump right into the 3h chart. We can see that we are currently in a descending triangle inside a Bullish Pennant and it is about to be broken. The question is, are we going to test the long term support again at $0.63 or we are in the progress to continue a third wave? Indicators: Strong support: $0.63 Buy zone: $0.72 Date of the...

Satonacci Updated 

Hey! What's up guys? XRP has not finished its 5th wave and to be honest with you, it has probably not even finished the 4th wave. I have read a couple of analyses showing that we are entering an ABC12345 correction and I think that it is wrong. Elliott waves theory: To be in the retracement of the 12345 waves, it would mean that we would have started the first...

Satonacci Updated 

In May 2017 like today, XRPUSDT clearly shows a falling wedge (reversal) on the 4H chart. The question that everyone is looking for is: "when the price will break out?" *****************Same Falling wedge pattern, different distortion and direction**************************** Following the previous pattern from May 2017 until December 2017, we can see that a...