XRP accumulation has gone on for over 2 years without a good price move to either the upside or the down side, In Nov 2020 XRP for the first time since June 2018 broke the market structure of 2years (bear trend) there by forming a reverse in the trend to a bullish market structure(Bull trend confirmed). New higher highs and new high lows are observed in high...
Because of its shape, the pattern bitcoin has been forming can also be referred to as a right-angle triangle. Two or more equal highs form a horizontal line at the top. Two or more rising troughs form an ascending trend line that converges on the horizontal line as it rises. Watch my video for suggestion of how to trade this market, for not just bitcoin but also...
Most everyone saw the spike up in XRP today, which i think is because new today about Ripple's president and Coinbase president and COO being on CNBC Fast Money show tomorrow (3/5). Speculation is that they will announce coinbase will list XRP. Guess you'll need to tune in to find out. In the video, i plot out what my thoughts are in terms of targeting...
Quick video with my thoughts on BTC and recent price action and what I believe will be playing out. Quickly highlight 3 target levels and how I came up with those. I think the bulls are taking over control of price action based on the trendline break and a break of a previous significate resistance level. The question is whether we will remain above and start...