According to the fibonacci retracement points that everyone seems to be following, we rolled over the 61.80 ($8550) mark pretty hard the last couple days. Even though some people are claiming that the RSI is low, it's time to buy back. I would wait and see what happens to the next support line at $5500. I believe it will get there in the next week or so based on...
XRP just broke out of the flat wedge I had drawn in previously, and now we have a new channel to follow upwards. The new price target is $1.70, the previous high, and also the 100 Fibonacci level. Our time frame is only two days time, and the returns are ~30% if trading follows suit. Best of luck, friends.
The wedge was very clear to anyone looking but sadly, the breakout was in the negative direction. The good news is that it bottomed out at the support line and quickly ran up. If it continues to move sideway it might reinstate the downward channel that I had up previously. Lets hope it can move higher than the wedge apex, then we can expect more upward pressure..
This is the most intriguing security of any stock or ETF that I found last year. An ETF that is not just tracking AI technologies, it is powered by IBM's AI. I bought in at 27.75 and extending the upward channel out, The target I have set for the end of March, two months from now, is ~$32. That is a 15% increase in only two months time. I am actually so bullish...
HMNY just took a large dip. the buy area is highlighted in green. This is a correction as the trend is still up. There should be a foreseeable amount of upward momentum as positive reports about their subscriber growth increases. My position is 9.01 currently, and the stop is at 8.44.
With the crypto world taking the huge correction earlier this January XRP took a hit just as hard. Assuming this is a corrective period we must be hoping for the next bull run. As shown, XRP has a clear wedge and it just comes down to where the break out is going to be, up or down? As stated earlier with the correction already taking place prior I'll bet on the...
