motosport

DerrickGibson

The volume behind this rally is not impressive. Ever since the break of 6k the volume has been declining, which suggests that the last several months of price action is consolidation before another big move. I am expecting another re-test of the descending trendline around $3850 to set a lower high before continuation of the prevailing trend.

DerrickGibson

If ETH manages to breach the 1.618 fib at $137.60 identified in my last post, the next sell setup will be at the 100 day EMA - $139.68. Happy trading.

DerrickGibson

Watching this pattern closely.

DerrickGibson

ETH bulls need to make a move here or support will likely break. The moving averages are in a very bearish posture now as they continue to apply bearish pressure at the support level.

DerrickGibson

This is unlikely but should be considered as a possibility.

DerrickGibson

XRP/USD is death crossed up to the 3 day time frame. Critical support is at $0.26. If support is breached we can expect a retrace down to $0.15. If that level doesn't hold the next clear support is at $0.035

DerrickGibson

The price action and volume indicate consolidation with no clear direction. If the symmetric triangle pattern holds and volume continues to drop off, a break of the triangle will most likely be in the direction of the prevailing trend (bear).

DerrickGibson

Quad up

DerrickGibson

I'm looking for GBTC to hit $1.50 after the $3.80 level breaks.

DerrickGibson

You have to admit, the similarities are spooky.

UnknownUnicorn3605128 Updated 

WE ARE INSIDE SUPPORT AND RESISTANCE RANGE INSIDE OF A BEAR PENNANT WAIT FOR ONE OF THE BELOW TO OCCUR AND ENTER ACCORDINGLY IF WE ARE TO BREAK 4288 RESISTANCE We WILL SEE 4580, HOWEVER IF WE ARE TO BREAK SUPPORT AT 3950 WE WILL DIVE DEEP TO 3643