Hi there, Couple of hours ago I posted a chart of a descending triangle for XRP. To made thing clear, BTC had a same one after the big bull run ended jan 2018. Below a screenshot. I hope for all the xrp believers it will not result in the same way but I've bad feelings about it. It's just the same pattern. With statistic the same outcome.
This is my view on XRP. Sorry for that. All info in the chart.
Hi all, Following up my previous ideas (linked below), here a new one. Right now: - btc is testing the first support (green zone) - btc is in a bearish wedge Next: - Bearish wedges mostly results in a new down - Top of bearish wedge is next to the "dangerous resistance" - IMO btc will go to lower value after touching that diagonal resistance and test the...
Hi all, This is possible another way to interpret the long term movement of the price, since there was a lack of volume when breaking out previous triangle (see other idea below). The volume needs to confirm a pattern, big down to 8k area had to come. so my feeling is that the symmetrical is invalidated. It looks like the price is moving in a descending...
Hi all, First of all thanks for the likes and dm's about the BTC idea from yesterday. Appreciate that :) In front of you the 4hr chart of bitcoin. Yesterday I published a possible descending triangle formation, but after the move of 12hr ago there is also another possibility. The strong support and strong resistance where broke LIKE NOTHING. That was a great...
Following up my previous idea about marketcap altcoins. Nothing changed - bullish div on RSI ( means: decrease price / increase RSI) - bullish wedge still in play Previous idea below. Check also my other idea's, linked below ;) Like to support me, follow for more idea's.
Hi all, This is the next idea following the one of yesterday (below) After the dump of yesterday, I see a possibility for another dump. Before the dump of 2018 there where two big wicks on the daily. The last days the chart makes exact the same wicks. If the bulls will win there must be a big up next days. Otherwise I see a same dump happening as...
Hi all, I've got some requests about my thoughts about altcoins. Here you are. I don't like to many words so if you have questions leave a comment below. Right in front of you the daily chart of the total marketcap excluding BTC. This is why I'm bullish on alts 1. Last period we're seeing the chart is drawing a bullish wedge as pattern, and I like the shape...
Hi traders, This is my view on Litecoin. Litecoin first was in a descending triangle, broke out en looking for support now. If Bitcoin will bounce quickly, the price of ltc will bounce on support 1 and will go up quick. If BTC will break support around 9150, we'll see BTC fall $2000. After that LTC will dump until support 2. And maybe 3. Hit like to...
Ah "next" Next for Bitcoin. Again not too many words only keysubjects. In front of you the 4hr chart of BTC. - BTC is in a symmetrical triangle - There was a curved resistance in triangle touched many times, who breaks out yet (positive signal) - The support of triangle was touched several times also. There was a nice bounche couple of days ago. I've made an...
This is the 1hr chart and right now in a symmetrical triangle with a 50/50 outcome. After outbreak I'll do a new TA. The bigger picture below
Hi there, This idea follows the bearish path of my previous idea. I didnt expect the break out was so early, but that's what happens in very small markets like crypto. Right now the price is falling. If there's an up coming I believe price will touch the big support zone first. If there is a down price will test the support zone a couple of times and then...
Hi all, Some of you requested so here it is. This is the 4hr chart of ETH / USD Again: not too many words only the keypoints. - Couple of months ETH is fighting against a big resistance - Right now ETH is in a descending triangle, this is a continuation pattern so mostly with downwards break out (30/70 chance) - If the bulls will win from this big resistance...
Current price is moving in a bearish wedge. Right now clearly bearflag. copy past one in blue circel Means it will test the lower support of the wedge and maybe a break down. like your likes, thanks for support
Following up my previous idea (below) this is the next one after breaking down the bearish wedge to the support of the big triangle we're in. This big one will end in a big up or big down after BAKKT (bitcoin futures) goes live on sept 23th. Right now we're again in a bearflag so big chance to break down again to that lower support (red line) of big triangle....
I posted yesterday an idea about possible formation of a Cup and Handle in the chart (below in the link) but this is also possible. Thanks for reading and likes
There is a possibility that BTC will make a C&H in the chart. That will mean a big up the next weeks. The price could be a little more down but after that it must go up to validate the pattern. It could be it will break down, in that case the formation is invalidated. Thanks for the likes!
short time frame. important situation.