mcmurphy510

mcmurphy510

Might see LTC test 200 again.

mcmurphy510

Noticed this on on the 4H Chart last night. Seems to be following. These things "typically" break bearish, but with bitcoin they seem to do the opposite and break higher.

mcmurphy510 Updated 

Looks like a Broadening Descending Wedge has taken hold now that Coinbase 'claims' they are not adding XRP. Also looks like potential support at 2.65. Will it break this support and head back to the $1.00 range?

mcmurphy510

Was Yesterday's Climb (and Today's Pullback) a Textbook Elliot Wave Cycle? First attempt at a TA here... Really more of a retrospective. It really looks like The XRP action of the last week played out a Textbook Example of an Elliot Wave. Furthermore, the peak at 17:30 looks like it ought to be the peak of Wave 5, but it immediately breaks into a wedge...