Ammoluv

Ammoluv

On basis of fib retracement, gap close, negative divergence (RSI), back to the baseline ~1300.

Ammoluv

Pretty much selfexplanetory. Downward wedge usually breaks out up. Incredible how the calculated trajectory exactly matches the gap (at 18.70). From there on probably another (limited) ride down.

Ammoluv

But remember to come back in September. It's an old wisdom, don't know if it will be applicable to crypto. What is applicable to my opinion is using LOG. Just look at the graph in LOG and it all makes sense. I am, like most, bullisch on the long run, but for now... I think this baby could go back all the way to the lifeline, which obviously goes up but is still...

Ammoluv

Head shoulds (bearish) or Descending wedge (bullish) I still feel bullish somehow :)

Ammoluv

Wouldn't this be something to expect right now. We'll see..

Ammoluv

My ideas at the moment is that there a few things coming together in realy soon. 1) There is a gap to be closed at 8380 or so; 2) There is the longterm support ascending end closing in soon; 3) There is the descending resistance; The latter of these three are forming a descending wedge, which is bullish. And the best of it all is that it is all closing in at...

Ammoluv

Chart explains everything.

Ammoluv

Just a little update on the same idea. Marvelous buying opertunity in the zone. :) Could take a little longer then the wedge, bedause it's pretty steap. However going down usually goes FAST. Anyway, I'm feel pretty confident on moving towards 1.40 as I have seen that I am not the only one thinking this. It would be a great point to buy and HODL from there, cause...

Ammoluv

I think XRPUSD will retrace all the way back to the .618 fib level of the entire climb. It's been an awfull fast track ride (some might call it bubble) but correction is what makes not a bubble. Correction as big as to the .618 is a good thing at this point. Specially because it's a realy nice spot to buy again. Anyway, my idea is going to the .618 level, then...

Ammoluv

Bearish, better cash in before the end of it.

Ammoluv

Back to major support I think. Sweet spot, would be where I might buy again. Like to hear if any of you could see this happening too. Happy trading!

Ammoluv Updated 

Sell high, buy low, this don't hold much surprice. Joining again in the low regions :)

Ammoluv

Still feel it would become some like this. Anyone feel the same? ideas?

Ammoluv

Stratis seems ready to move up again. Based on history repeating, target 20USD.

Ammoluv

Here an alternative to the before published idea. It's the dotted line, which is history repeating.

Ammoluv

Yes, here we go again. Happy hunting everyone.

Ammoluv

Major divergence on BTCUSD RSI. Seems to be already in progress. Lets C Sweet spot for the buy to higher levels again.

Ammoluv

Divergence detected in 4h chart, time to come and calm down a little bit. Would be healthy to have some correction finally. Tip: Buy the Dip! (Also possible head shoulders in the make.)