3RD Wave breakout expected in this classic fractal 3 wave structure. Target indicated.
REMINDER: Trade at your own risk since the market can be very volatile! My thoughts could not work out as shown in my TA. First TA i've published ever, not first time making TA's. As you can see, DGB is about to come together after it's crash, look at the trend line and "crashing(?)" line coming together. I think the optimal point to buy DGB is 267 satoshi....
Here, I thought it would be interesting to look at correlation coefficients and explain the inefficacies of measuring percent change in trying to understand complex behaviors and relationships between some of the top digital assets and some of the newer ones. Percent change is useful for measuring volatility. It shows where there is a lot of price movement, and...
DGB has broken key supports and is now setting up a bull run. Lets see where the first blast takes us as it is moving fast.
The price reached a strong support zone formed by the uptrend line and the support level. RSI is in the oversold zone and it's going to confirm price reversal. The market has potential for a good upward movement. In order to entry the market more safely, we should use a breakout signal. Pending orders for buy must be placed above the local swing high. If the...
2 scenerios 1. Smaller, but more comfortable. I think it's less likely for breakout, more likely for breakdown. 2. Big Daddy. Huge support. Breakdown or Breakout depends on cryptocurrency condition. Considering BTC as a bubble, which more people each day assume, may end up on the floor. In the other hand if btc is going to stay high it may be a GIANT bull...
DGBBTC from the daily chart passed from downtrend to range market, but still not in a bullish zone. Support has not been tested enough yet. In the 4 chart, however, a symmetrical triangle has been formed with a possibility of short term profit after triangle break. Look for bullish indicators before placing your order, and confirm with at least to bullish...
Heading into the 3rd wave up from the harsh correction. My optimism always comes out in the charts it seems. This wave will test the 796 resistance line with potential tall shadows to 825. 20% - 30% rise (We could see resistance from the Red Cloud at the 721 level which would be supported then again at the 676 support) Quick correction back to the 722 long...
On a 2 hour chart XRP found support on the uptrend line and from the Ichi Leading A cloud. Wave 2 should present itself after a climb to last nights high.