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Ripple is in a potential bullish harmonic reversal zone here. There's also a weekly bullish divergent bar, and the weekly momentum is starting to diverge and turn around. We're also within the correct time zone for this wave to end, along with the inside Elliott wave count for wave-(d) matching that of...
magimuffin here. Never done one of these, but I have been taking TA seriously for almost a year now. Would love to hear your thoughts.
I see this movement as part of a larger elliot wave ABC correction upwards, that has the potential to come back down:
The following potentially support my hypothesis, and are...
Here LTC has broken above a major moving average with a very strong move and close.
What we could see is a retest of the yellow moving average for a continued run up.
Feel free to post your thoughts in the comments below
Building on previous chart. Fibonacci downswing retrace is now 78.6%, for the 2019 descending triangle.
Each orange vertical line, shows a CME date that was preceded by a bounce
The price then drops all the way back down to test the lower trendline
The correction on XLM looks over.
The median line is acting like a restiance and support line since November.
When breaking that line, we might go all the way up to the U-MLH.
Possible profit is 33%!
Will keep you updated
Nice potential setup... I don't want to miss this one ;)
***This is not investment advice and is simply an educational analysis of the market and/or pair. By reading this post you acknowledge that you will use the information here at YOUR OWN RISK
I am really upset about the cryptocurrency market.
I think that 2600 is still on the table. 2600 is an enough value for the market reversal. However if it does not hold 1300 is possible.
If 2600 does not hold the bear market can last more than 1 year more.
I am bored,
This is actually my first Litecoin analysis, even though I've held a position recently since around $32. Should have posted something back then, as I was fairly confident in a breakout there. Anyway, I decided to take a look at a long term chart (and this was the best I could find on Tradingview for now). From what it looks like, Litecoin has generally been in low...
Very healthy low volume consolidation last night to set a 4 hour higher low of consolidation.
BTC, ETH, LTC gave nice entries on 5 and 15 min oversold conditions.
LTC and EOS are two names that have already seen clear continuation bull breaks, making them leaders.
The question now is, do BTC and ETH see 4 hour continuation and follow, or are we set for a 4 hour...
XMR viene desde hace varios días y semanas corriendo en un canal muy amplio en lo que parece una etapa de acumulación. Ya días atrás, nos dio un buen rendimiento en un trade a corto plazo. Parece que va a seguir el mismo patrón. Si llegara a fallar parece que seguirá el canal y eventualmente podemos recuperarnos o bien hacer otra compra más baja promediando...