ADA scooped low. We have a bullish pattern formed. Price stuttered to hold around July 16th to go continue bullish and went into an accumulation pattern for more support down to .045 I believe we will probably test .04 cents before heading back up or even as low as .03 - .0275 making a double bottom with a slightly higher right bottom giving bulls support.. If so...
Scalpers have came in to give us some resistance on falling more. We got a nice harmonic bearish butterfly pump up and I am looking for a reversal soon now to follow another buy entry.
NFP is Friday so there will be noise to continue this week. Since NFP effects dollar pairs we might get a pull down before a reversal to wave up and test .6400
That accumulation is getting a mini curve now.. For those who are interested this is probably a good place to begin stacking for a pump to a penny.
Bets should be held up to March 2020
A good return here.
Shoulder didn't hold. So Idea 2 is now in place.
Will search for an INV head n shoulder "mini" inside a long drawn out right shoulder. I mean...if we get another buy again at .005 I won't complain lol...
long from .0045
I am seeing divergence in GOLD and BTC. BTC seller pressure and GOLD buying...people are "unsure" in the economy as to what is happening, they don't even want to think about elections, brexit stuff is still happening, JPY yen is getting stronger and BTC has corrected almost 50% this year..Asia holds most of BTC so as it climbs so does Yen alongside trade wars with...
Rise on the coming holidays
Sell of after.
MGI disributes new cashflow into new asset classes in 2020. Q1 correction short live continuation bull back to $10 bucks
Wait for a corrective bullish structure / pattern for a continuation in bullish trend.
As always please trade safe!
What do you look for when buying??
1. Fundamental support?
2. Statistical outlook on protocol growth and recent avenues? (ie: www.forbes.com)
3. Human appeal and influence? (lower prices are more appealing while regulation...
I see a potential rise before a sell off. We had 3 waves down into a reversal inv head and right shoulder support into the 800MA..if we break it I see it as a FALSE and price will continue down on the weekly time frame. We could see price as low as 48 over the next 12 months.
-10M barrels ROFL on news..
A dollar a year is what I tell those who FEAR! We begin to take our first steps in 2020...get ready..I know I am. Try to find the best choice of when to buy based on how the corridors open for XRP by solving cross-border payment problems. It is the best choice for banks because they will be able to ripple "xrp" to help their liquidity problems.
I am going heavy...
I think there will be a lot of consolidation and back and forth movement down at these levels...
best to chase the low dips for a very good return. If we visit .6590 - .6550 look for a buy opportunity.
As stated in prev. posts...I am a buyer of Aussie this year so lets see how that works out.