Video covering what I'm seeing in the charts for XRP, which is downside price action. Trust me... I wish that was not the case, but that's what it seems to be. In general, I truly believe price action wants to hit that 200EMA on the daily chart. Not sure why, but it does and it happens to be sitting around $.75 roughly. Don't be surprised to wake up...
In my opinion, LTC is consolidating (moving sideways) trying to figure out, which what it goes. I'm slightly biases towards a downward move, but would not be surprised to see price action move up. I mention two areas in the video above and below... i'll add to current position on a dip or have to reassess if we move up. I hope you enjoyed the video... give...
Hey Guys... Quick updates on BTC/USD and my opinions on what price action is currently doing. So in my last video, I mentioned I thought we would hit the 11K mark and would likely see a pull back from this level. 11K was hit and we are now seeing that pull back shape up. The ? is how far back will price move. While price can always keep moving up, I do...
While we did get an upper trendline break (on my charts), price action has now moved back below and looking to break the lower trend. So i was half wrong my my thoughts last night... damn you price action! Anyway, at the moment, i do think we might see some continued downward movement to the $1.05-$1.00 area before we find some good buying support. We'll...
BTC finishing out the week quite nicely... above 10k at the moment, which is overall positive for BTC in my opinion and hope that upward price action continues. However, in looking over some depth charts on exchanges, I think we'll see some decent selling pressure at the 11,000-11,300 are that may push price back down to 10k-9.5k before we see price action...
So we broke 10K today, which is very bullish in my opinion given that many look at that level as a physiological barrier (you know even round numbers and all). I mainly focus on the 4HR in this video, as this is the last chart price action has not yet clearly broken the 200EMA on. I do think that's about to happen, but we'll need to see over the next couple...
First time looking at BTC today it's some what on the fly, but i do see positive signs within price action. I expect we might see a small pull back and overall feeling more and more bullish on BTC as time passes.
Quick video to cover what i'm seeing take shape on BTC. The last two daily close in my opinion are positive for BTC to rise. I'm not saying we cannot see any further downside, but since price action is getting held at the 200EMA, I believe we'll see a rise in price action over the next couple days. I hope you find this video informative, but know these are...