So I ,like a lot of other people, got excited with XRP leading the charge on what appears to be an altcoin awakening. Several coins had 20% price bumps and XRP led the charge with a bump closer to 50%. Today I am trying to look at this rationally and base it off what XRP has done in the past, "The Standard" if you will. I see two possibilities here, the first...
Been waiting on a pullback to this zone, getting a nice bounce with bullish divergence. <> Trade with me <> My multi-indicator script here
Break of the fractal and gator shows downtrend. scalp trade for 20 pips
With the direction decided, this will be a wonderful burst of volatility.
Last long on this pair netted nice gains, this setup isn't as nice but let's see how it goes Trade with me My multi-indicator script here
Potential dead cat bounce after the rapid price drop we have seen over the last ten days. Fractal is shown to illustrate possible outcome. I could see this bounce going as high as $6,700 before dropping to $6,000 or below. My outlook is still short in the mid-term. I will decide soon whether to maintain or close my current small short position.
6k being a strong support would play perfectly into this picture perfect fractal which would signal be the point of trend reversal. In case this support fails the next weekly support by sma and by descending wedge would be around 5.3k
Hmmmmm ETHUSD bottom ~$150 Matches BTCUSD 2014 #fractal bottom -86% from ATH Sideways til end of 2018, accumulation zone= ~$150-$350 #Moon 2019 #BTC #Bitcoin Bitcoin #ETH #Ethereum Ethereum -@CryptoCurb
Fresh fractal break and Kumo break to the downside. Stoploss above the zone and target is bottom of the range. Trade with me My multi-indicator script here
Hi fellow enthusiasts, At this moment we are in a triangle after quite a drop and we see hidden bearish divergence on the 4hr RSI. Looking back to beginning of august we were in a triangle after quite a drop and we saw hidden bearish divergence on the 4hr RSI... Copying and pasting the bars pattern from there gives a very interesting result in my opinion: first...
Unless some serious news breaks soon, I think the price could fall more before surging up into legalization. Use your own judgement before investing and always use a stop-loss.
Seems like things are starting to fade in the cannabis sector ever so slightly. We could see some consolidation midway through next week. The cyan blue and yellow lines are two paths that could unfold. Of course, this does not account for any huge news landing. Use your own judgement before investing and always use a stop-loss.
Transition after double irregular flat Long then may be triangle or zigzag
I am looking to see daily consolidation here , volume climaxes shows similar setup to last dump. We also have RSI bull div on daily( there was none on last dump).
As WEED is the primary driving force in the sector, its performance is important for everyone else in the cannabis space. Baring any huge news events, some consolidation is likely (but not certain) next week for most cannabis names. My thoughts are outlined above. The cyan lines represent potential price trend and action heading into legalization, but this could...