Looks like we are finishing out the handle and the Aroon Oscillator just dipped to -100 this past hour... which means their is a pump incoming... lets see how high we can go!
Well looks like we maybe doing the same exact thing we have done the last few weak bounces... I'm thinking we will follow that orange line I have drawn down too around 56-55ish. Looks to me as we may get rejected at the downtrend wall yet again. One good though though looks like the bounces are stronger and stronger each time and things are starting to speed up...
4hr Aroon on XRP just hit bottom at -100 which means we won't be dropping much farther... the bottom of this current wedge we are in is .44 but looks like short term we should see .49ish pretty soon. BTC just bottomed out (4hr Aroon) as well which means we will see more sideways and a little up action here soon...
Well been a slow weekend after the drops at the end of the week... that last little squeeze up with pretty weak and I think we will follow that yellow line down and hopefully reach some what of a bottom to maybe have a bounce at 57ish. I put that other line on there but I doubt it has any chance...
Well ETC seems to have solid support at the 2200 range because of the Coinbase announcement the other day. To me its a great time to accumulate some (which I did already) ETC before it is listed for sale on Coinbase in a few months. Looks like when BTC starts making big moves back up ETC will complete this cup an correct around 4000 but not down far! This...
Okay! I finally got a chance to sit down after dealing with my pesky day job haha... and got to take a look at this. Looks like we have a channel that has formed and we are currently in that ascending wedge. I believe we will break that 69 resistance soon... we had a bull flag that formed this morning which went up and tried to break 69 but couldn't quite do...
This may NEVER happen and prob won't but hey thought I'd post it for the hell of it... maybe we are forming a cup and handle? The supports and resistance area's kinda support it... Sure its just a shot in the dark but the pattern after today's pop just kinda looks like it has a chance even if a very small one haha... figured I'd throw it out there anyhow.
Looks like we are about ready to make a surge up and the bears have tried all weekend to bring it down with zero luck and we all know the weekends are the easiest because of the lower volume to beat the price down. Even on the 1 hour chart you can see a broadening triangle which indicates an upwards surge soon. The heavy resistance starts at around 67 so if we...
Well finally BTC finally moved up a little bit... but hey the way its been going we could drop again pretty soon but anyhow I saw this H&S pattern forming on XRP... just something to maybe look for. Could be nothing and could invalidate very quick if BTC starts going down again...
Well we have been holding that green trend line I have drawn like a boss and it has been tested multiple times. We are starting just into the top of an area that has huge support... here I believe you are starting to get into the investors that hold no matter what the circumstances. You can see the fight down as BTC has been puking its brains out here...
What a difference a day makes and how things can change with news. Guys and gals things just don't look good for at least the short term... Looks to me we have that upwards pointing wedge plus the daily average is rushing down to meet it at the tip the RSI is also starting to curl over... I think we will see 6.3 in hours if not sooner. And it may continue on...
Well what a difference a day makes... as many know the weekends are full of market manipulation at its finest! Because of the low volume even a "small" whale can start a panic sell which is what happened. But it also changes the game for the coming week and only extends the bleeding for a short time. Many of the same indicators that predicted the bounce last...
The daily chart seems to be very clear! The RSI has been slowly creeping up and we have broken through the daily average on the Bollinger band indicator. Also the Aroon indicator is reflecting an incoming pump... I say any day possibly hours now we should see a shot to 8K. We are coming to the end of this big ascending triangle finally! Of course the weekend...
XRP has been waiting for BTC to catch up! Finally as that long ascending triangle is starting to finish up on the BTC chart XRP is coiled and ready for the run up! The cup has been formed and now all indicators say green... this is gonna be a fun few days ;)
Looks like we shouldn't go much farther than .625ish then take the next leg up... XRP has been very bullish everytime BTC makes even the slightest move up it starts jumping hard. There are just too many indicators saying something is about to happen and they are not pointing down... guess we will see good luck!
A few days ago I took a gamble and thought we might have an ascending triangle forming and got it right this go around... BTC after the trend reversal on May 29th is just moving up nicely! We are consolidating now and looks like we can and I believe will make a run up close to 8.1! That Aroon Oscillator I am loving is taking a dive on the 4 hour chart which in...
Looks like as long as BTC plays nice this month we should be seeing green! The visual range looks very nice once we break the .67 area up until the cross roads at around .80. If we bounce down off of .80 cents looks like we may ride the edge of the wedge we just broke out of for a retest of .65ish area for a grand finale in Aug... Of course this all depends on...
With BTC looking much better to me XRP will make it to at least .66 here soon I believe. There is hardly any resistance up until you get past .65 so I can see it easily making it that far. The tough part was making it past .60 last night! Whats up with all these guys and their doom and gloom scenarios lol... It looks like we may dip back down to just around...