the breakout target for this one is right around 39 cents, this breakout comes on the heels of the IMF saying very good things about ripple as they tend to do and Asheesh Birla revealing that not long from now xrp will be expanding its corridors beyond just Mexico and the Philippines.
I appears that the stoch rsi is finding excellent support on the strong ascending 3 year old trendline keeping momentum bullish for now and has helped to increase the northern trajectory of the 1 day 50ma(in orange) to where we currently have a golden cross on track for as early as April 11th. Of course any significant selling from now until then will likely push...
This is a huuuge sign that we may finally be seeing the trend reversal we've been so patiently waiting for and a definitive end to the bear market...This is the first higher high on the 1 day chart we've had since January 2018. We will be looking to follow this up with a 1 day chart higher low and then one more 1day higher high to complete the sequence and fully...
1. Rising Channel 2. Cup is completed, waiting for Handle Only Education Purpose
I have spotted an amazing bullish price movement confluence for BTC. In the 1W Chart I spotted rejection towards the 2770 EUR Support Zone, and now the price made a Double Bottom pattern ( A strong price action reversal pattern. ) When I moved on to the Daily Chart I spotted this huge Head & Shoulders formation occurring with a Neckline ( Brake out line) @...
We wanted to see the price action rise above this horizontal purple line to achieve a higher high on the 4hr chart and with the current 4hr breakout candle we have seen just that. A great sign for the bulls. However to securely reach a higher high on the chart that really matters(the 1 day chart). We're gonna need to get price action above this pink horizontal...
While I am seeing plenty of bullish signals here overall, the fact remains that on the 1 day chart the bulls have not yet achieved a higher high which is needed in order to fully take control away from the bears and put the reigns in the bulls hands. To put it in perspective, The las time we saw a higher high on the one day chart was early January of last year...
All Ada has to do now is overcome the 1 day 200mas resistance(dotted blue line) if it can and flip it to support it will likely then trigger it's inverted head and shoudler breakout as well as both the 4hr golden cross and the 1 day golden cross which will extend it bullishly for quite sometime. Bst to stay reserved on ADA until we see it flip the 1 day 200ma to...
The recent 4hour golden cross has been very good for the ETHBTC pair and we can see it's now led to a bullish surge at just the right time to give a 1 day ethbtc golden cross a real possibility of happening...should it complete the cross and continue this bullish surge we can expect price action will almost certainly go high enough to trigger the current inverted...
Finally breaking above the 1 day 50ma with authority was a great bullish sign up until the price action reached the double top point. As soon as price action retreated right at the double top point exactly it gave a great opportunity for the bears to shove the price action back downward. It may be a good risk reward zone her to exit my position and set a stop buy...
We have reached the breakout target for the yellow falling wedge. Price action actually went halfway between its target and the slightly larger red falling wedges target...finding resistance at a former strong horizontal teal trendline. What momentum we had from the breakout of the yellow and red falling wedges may now be gone as we can see the price action has...
The 4hr 50ma has me still temprarily hodling as it has hoisted priceaction up out of the falling wedge in a way that will very likely trigger the breakout. 4hr 50ma is now guarding the door back into the wedge....We will likely see a brakout triggered due to this which will result in at least a temporary bullbreak at least up to retst the 1 day 50ma again....as...
It's come down to the strong support of the 4hr 50 ma vs. the strong resistance of the 1 day 50ma...who will win? We can see here on the 4hr chart that the 4hr 50ma is doing its best currently to hoist the price action up out of the falling wedge for a breakout but each and every time it tries to breakout the 1day charts 4hr 50ma gives it a strong rejection back...
My last idea on augur I posted I said it would continue its bullish climb if it could achieve the 1 day golden cross on the repbtc 1day chart and we are now seeing exactly that in the price action. This will most likely also lead to a golden cross before too long on the repusd chart as well. If we can sustaina golden cross on the USD pairs 1 day chart it's only...
looking at todays price action it appears the xrp falling wedge is a 1 day pattern with the trendlines adhering to the candle bodies...this lessens the breakout target by 1 cent down to 38 cents. 1 day Stochrsi supports further upside.