XRP is currently riding on top of the 200 daily MA. A break above the 100 daily MA, should produce bull price action.
Buy in based on bounce of recent support shown by the green line. Long position at 2.3 and exit points at shown by circled areas with red being major resistance. I am a novice trader for all those reading this but though I would share my approach. Longer term I expect a fall back of the resistance line in red down to either the support line (green) or beyond...
Steem fell below critical support at .60$ marked by bue and bounced back above, downtrend support/resistance marked by orange.
Bullish belt hold kicked off the rally and long legged doji marks consolidation on the weekly. If the pattern stays mirrored expect another bullish belt hold after break out of the consolidation zone and then some successive high waves in a consolidation zone after mark up.
The BTC/USD pair has been trading in a junior descending channel pattern is the beginning of November. From a technical point of view, the bitcoin cryptocurrency is likely to continue its downside momentum. The potential target for the pair will be at the bottom border of the channel pattern at 2848.6. However, the cryptocurrency needs to surpass support levels...
I talk about the 2017 support and resistance lines and why they are important now. Thank you, Andrew
I usually clean up my trend lines as I trade, but I have not done that for a couple weeks and its actually a lot better this way until I zoom out from a 5min chart lol. Every line matters. I see a drop coming, below 3800. thought you would find all of those lines pretty funny, made 5k off of those freaking lines. I'm neither bull or bear, I just flow with the market.
Different view same target long then short then long Pic with thread in targets could be wrong
Cleaner count from beginning but same end result. Golden cross is about to happen with the moving averages. The XRP train will take off once again! All Aboard! Time to eat the crypto market cap! All hail the rise of xrp! til its time to sell of course ;)
Hello guys, This week we seen Bitcoin against US$ good perform looks like change trend, But will market its continue this trend or bears come to take back? lets see the daily chart of BTC/USD In my thought will clear break box around @6800 feel me bull really control trend. Price down from 05 Sep 2018 continue in consolidation pattern lets break this pattern...
Levels stated for validation 6090 and invalidation 6800 support : ABCDE : volume declining points A - C hit points 0 - B - D hit E overshoots sell offs are more violent than bull PA supporting trend direction X primary WXY subwave structure is supported with structure and RSI second chart is older but shows prior subwave count W subwave ABC...
Upside 6440 Downside 6300 Watch the triangle, trade accordingly, its not rocket science. Coinbase is always lower that other exchanges so build a triangle like so into your chart and you should have numbers for your exchange.
looking a lot like last time. be careful out there.
Overall, DASH' has shown us as a pretty strong coin. The drops aren't so deep and the recoveries are faster and higher! Currently, we have two triangles, one is bigger (blue trendlines ) and one is smaller (orange). Over the weekend, DASH' has made a breakout from the smaller triangle and it found a resistance from the round number at $200. At the moment it has...
#btcusd #btc #bitcoin Thought this inverted view was interesting to say the least. If you can rewire your mindset to look at the top chart as a prospective coin or stock, It would be risky to buy in this late in the game. Which on opposite day means risky to SHORT or SELL this late in the game. Take your time and read the notes, leave your thoughts below. I'm...