CoinMajesty

CoinMajesty Updated 

Ripple has been behaving incredibly lately but bulls forget bears strike when they least expect it. A clear 3D Rising Wedge has appeared and this could be a great short opportunity. Usually these triangles break down and I expect XRP to do so as well. Nevertheless, considering the momentum and fundamentals news there is also a possibility that it ends up breaking...

CoinMajesty

Ripple is not done yet and it just started breaking out of the current ascending triangle pattern shown in the chart. TP1: 2.6. TP2: 4.25.

CoinMajesty Updated 

Price action broke out as I expected in my previous idea and it's currently heading to form a Head & Shoulders around 16700 USD. The reason why the price should fall down eventually is the appearance of a rising wedge pattern. Support at the confluence shown at the end of the right triangle. There is a pivot between December 31st and January 1st.

CoinMajesty Updated 

Huge dump coming to the whole market. Many alts as SC have hit FIB levels and bullish momentum doesn't seem to be coming back anytime soon. Get ready and good luck :)

CoinMajesty Updated 

There is a rising wedge (bearish) followed by a dump towards the previous black colored resistance, possible creation of a harmonic pattern, followed by a small bullish formation and breakout from the channel/flag where the price action is currently located.

CoinMajesty Updated 

Price action is creating an obvious descending broadening wedge pattern. There is room for one more dump to the 190 price level. This would create a Bullish Harmonic Pattern. This pattern would then bounce the price to the current resistance level of the broadening wedge pattern. Once it breaks it, LTC first target is at 375 dollars, located both at All Time High...

CoinMajesty Updated 

As chart shows, there is a falling wedge and a possibility it's not going to collapse as many expect. We might be seeing +18k again.

CoinMajesty

Huge dump coming to the whole market.

CoinMajesty Updated 

We're going to see the market having one more dump at least, and this Adam and Eve pattern is some proof for it on XRPBTC. Good opportunity to short. TP at 4000.

CoinMajesty

Another chart showing some bearish patterns. I got out of the market near the top of the bounce and waiting out to see what happens. Nevertheless, many alts are showing signs of market exhaustion in many indicators and patterns such as the bearish rising wedge shown in the chart.

CoinMajesty Updated 

I doubt bitcoin will dip lower than the previous FIB level. Many alt coins showing bounces too. Altcoin market cap only dropped 30B while BTCs was the one with the greatest damage but seems to be recovering now. I expect BTC to slowly pump up again but the show will be held by the alt coins. Game is not over yet :)

CoinMajesty Updated 

Waves will drop to 7.25, bounce back up to 10.40, bounce once more up, break the resistance and off to the new FIB levels at 16 USD and 21 USD.

CoinMajesty Updated 

TP1: 47 USD TP2: 75 USD TP3: 120 USD SL: 28 USD Good luck :)

CoinMajesty

Needs to double bounce at the bottom of the last Gann Fan FIB and the support of the descending channel. Once it does so and succeeds we're finally out of the bear market with this coin.

CoinMajesty Updated 

Falling wedge followed by a pump to the shown levels. TPs in chart. No need for SL. Good luck :)

CoinMajesty Updated 

Bitcoin crossed to FIB level #13. Of course the pressure of being into a new dimension it's never experienced before made it retrace. Nevertheless, Technical Analysis is showing two figures here. - One Bullish Harmonic Pattern. - One bull flag / descending channel. Also some confluences: - Support at the previous triangle resistance at 12500. - A psychological...

CoinMajesty

TP1: 6 USD TP2: 9.5 USD TP3: 15.5 SL: 3.3 Good Luck :)

CoinMajesty

One of the tools that I use the most for finding resistance and support levels are the Fibonacci. In this chart we can see that when the price reaches a number in the thousands that begins with a Fibonacci number, it immediately dumps. Normally, this has happened between 6-10% before reaching the FIB retracement levels shown in the chart. Interestingly, these...