Technical_Perspectives_69_420

Technical_Perspectives_69_420

Ok folks, here is what I think and I am 70/30 certain we will see at least a little pump and continued upward momentum on the XRP/USDT chart. 1) We just broke a downward channel, after a retest I think we will continue climbing up. 2) RSI has somewhat of a repetitive pattern of going above 70, we have not seen it there for about 18 days and I think we are on our...

Technical_Perspectives_69_420

GODS token has been in decline with the rest of the market. At this point we are reaching really low point on all the indicators with RSI giving reversal signals... With the upcoming IDO token release the fear is at it's all time high. How long can this token possibly go? Do you think we are at a reversal point or do you think we haven't bottomed yet? Let me know...

Technical_Perspectives_69_420

Share your ideas bellow. Feedback welcome!

Technical_Perspectives_69_420

We have been forming a bullish triangle for the past few days and we are on the verge of breaking out. The bullish sentiment surrounding crypto at the moment with Elon Musk shilling Doge and everything else coming out is another reason to be bullish on the whole market as a whole. I think once we break out of range we might go back down to retest before shooting...

Technical_Perspectives_69_420

We have been following this channel since November 2020. So don't panic just yet. The small drop today was quite healthy and there might be another correction on the way. We might drop to around 46k with a wick down even lower, but as long as we stay in the channel the sentiment is bullish at least for me. I think the bull market is far from over and corrections...

Technical_Perspectives_69_420

After the whole Theatrical play the SEC set up for all XRP holders, people are finally gaining back confidence in the asset. Rumors on relisting the asset on Coinbase are circulating throughout twitter as well as recordings of the hearings in regard of it's currency or security status (which according to the lawyers sounds optimistic). There are a lot of haters...

Technical_Perspectives_69_420

Let's see how high can we go. A lot of people predict BTC between 200k-300k by the end of the next year. Is it possible? Yes. Will it happen nobody knows. Others predict it at 100-150k ... possible, yes. Will it happen? Nobody knows. From my perspective, it's always good to have lower expectations and be pleasantly surprised than have higher expectations and be...

Technical_Perspectives_69_420

Looking at TSLA on Weekly we can see that TSLA completed it's impulse wave up which started the beginning of dec,19. I think we are in a correction ABC pattern which should touch .618 fib extension or possibly go down even further to .786. RSI has been overbought since June and it is about time for this bad boy to take a breather. MACD is also ticking downward and...

Technical_Perspectives_69_420

Just farting around on monthly.....

Technical_Perspectives_69_420

I think we can see Link again at 5$. Any thoughts?

Technical_Perspectives_69_420

I think BTC is about to see a drop to about 10,200 before it goes down even further. After we broke the support established in March and two fail attempts to get back above it, the only direction this thing is going is down. Currently RSI is neutral/bullish @ 57. MACD is ticking downwards. We have formed an expanding bear wedge (the thin blue line) since the...

Technical_Perspectives_69_420

Looking at the 4 hour time frame we can see that RSI is about to hit 70. Every time it does we can see a reversal to the down side. MACD is also ticking downwards. We are most likely about to hit the 200 MA and possibly spike above it for a day before we start moving down. Keep your stop losses tight. This is going to be a nice 10% swing downwards. Feel free to...

Technical_Perspectives_69_420

I think 60/40 for a bearish scenario. Any feedback is welcome. The chart is self explanatory. MFI peaked, MACD at a bearish cross after few days of bullish momentum. Either short term pause and a quick breather before we go further up or a deeper bounce down to around 9,500. Thanks for looking!

Technical_Perspectives_69_420

This is what I see. MFI is low in the mid 20's MACD is bearish, Histogram bullish, but it can easily sway back down. Bearish divergence on Volume as well. Head and shoulders formation. To me everything points out to a 3-5% drop in the next 24-48 hours. We might make another push up to 10,500 but overall I think we are going down retesting 9,800 - 10k. Opinions and...

Technical_Perspectives_69_420 Updated 

This is my idea on ETH. Long term perspective - very bulish. Short to mid term we might see some drops. I am expecting ETH to be in the range of $1,000 by August next year and this is only if we experience slow and steady growth. This is my conservative prediction considering the current stage of the economy and the follow up effects we will all experience in...

Technical_Perspectives_69_420 Updated 

Looking at the 2 hour time frame we can see that we are forming lower highs and lower lows. At the same time the formation on the bottom of the drop can be considered bullish. Hidden Bullish divergence on RSI and MACD in the green. MACD can easily sway back to red in the next couple of candle closes since it's a lagging indicator and not extremely reliable. This...

Technical_Perspectives_69_420

Bearish channel and head and shoulders. BTC is following its downtrend. This bad boy is not stopping just yet.... target 9,500-9,700

Technical_Perspectives_69_420

Just an Idea... Probability % ? I would say 50/50. It will either happen or it won't.