XRPUSD (RIPPLE) CYCLES ANDREWS SAY UP 4 NOW. XRP Cryptocurrency token, 12 hour bars, 040918, 5:45 am, EST. Michael Mansfield CIO, CryptoPlayhouse. Hola friends, Ripple has likely found strong price support for at least a 3-7 day bounce and perhaps a strong Elliott Wave trend move up (blue 5 wave sequencing). Alternative count (red ABC corrective waves) ...
BTCUSD (BTC) Daily bars, 040718, 5:43 am, EST. Michael Mansfield, CryptoPlayhouse 1. BTC is ready for a bounce, for maybe 3-10 days, unless it breaks out to the upside of what could be a wedge. 2. If a wedge or irregular triangle, then we could see the ABCDE pattern I posted. ABDCE's only applicable for actual triangles. 3. Risk is that many MAVs have rolled...
EOSUSD (EOS TOKEN) 120 minute bars, 040718, 5:00 am, EST. Michael Mansfield, CryptoPlayhouse EOSUSD BULLISH CUP & HANDLE, WEDGE IT EITHER WAY! This is an update an idea we published yesterday and its looking like: 1. MAVs are starting to round up. 2. It gave a tag above the resistance trend-line, yes it held it, but it didn't tank yet either. 3. Very nice CUP &...
Today were taking a look at ETC for two primary reasons: (FA) The incoming callisto fork. (TA) Some beautiful examples of market geometry, seen more often as crypto markets become more liquid and behavior normalizes (atleast a little lol). So first and foremost, theres the ever obvious effect of a fork in ETC's near future. After the all out chaos we saw...
This will be a quick one folks but it has me majorly excited so I had to throw something together! So, It would appear that COINBASE:BTCUSD has officially smacked its way above the heavy overhead resistance and will be testing it as a new support within 24 hours!!! I've been watching this line for a very long time waiting for this exact situation to unfold. ...
Quick little day trade I'll be watching for today. Things seem to be squaring up nicely for BINANCE:ADXETH to have a breakout within the next few hours here if we can maintain volume and close above ~.00167 This kind of a set up is exactly what im looking for when it comes to relatively low risk day trades! 48 EMA getting ready to test 192 EMA support for...
Alright everyone lets dive in and take a look at whats happening with COINBASE:LTCUSD today! Well....to be honest its actually not that much happening lol Litecoin does seem to have worked itself into bull flag, but seems to have slipped below a relatively strong inside channel formed long before all the LCC fork craziness sent litecoin's price every which way...
This is going to be a quick one, purely from the fact that BITTREX:ZCLBTC has me utterly baffled right now! The technical: 48 EMA is waaaaaay below 192 EMA, but it's leveling out! As can be seen with the dual offset bollingers, were seeing some serious consolidation. MACD & SSRSI have both formed new swing lows Weve broken through S1 & S2, will test R1...
Alright folks, I know I dropped a COINBASE:BTCUSD analysis for you yesterday (and its held solid!!!)....but I felt like it would be beneficial to provide something less "predictive" and just drop some facts. So as I said, no predictions today, just facts! And I must say, these facts look real promising; all signs point to a significant momentum shift in the...
Alright folks, first analysis I've made public but I've had a number of followers on other platforms request that I publish my analyses. I know theres ALOT going on here, but the reality is that there are a huge number of historical support/resistance points converging over the next day or two. First off, I want to note that I personally believe we are in an ABC...