This is my vision on XRP if the bulls can overtake the bears in the coming weeks.
On the daily XRP is forming a bull flag with an ascending triangle and it's been finding support on the 200 daily. If it is to break out we will probably go above the previous high.
Now volume is important to give it momentum, xRapid adoption or speculation might cause...
Head and shoulders + bear flag on the hourly xrp chart.
If some good new comes out of SWELL we might see a nice bounce on the 200ema, also depends on what BTC is going to do.
Correct me if you think i'm wrong.
XRP isn't done yet as it seems.
Nice bull flag with 20% profit potential. I already bought at 0.26 but thinking of strengthening my position right now.
Any ideas on this? i'm a novice so feedback is most welcome.
I'm learning to trade to forgive me if i'm totally wrong.
To me this seems like a falling wedge, all the signs seem to point toward it.
Oktober has been a month where bitcoin turns around so i'm hoping to see this happen around 15th of oktober.
Also if we make one more lower low there will be a lot of shorting going on which can trigger a massive short squeeze...
I did an analysis earlier on siacoin calling a breakout of an inverted head and shoulders pattern..
I now believe i was looking at it the wrong way, i saw the final rise of the head as the breakout of the pattern.
Now looking at it, it seems more logical that the right shoulder is just starting to form.
For the pattern to be confirmed we need to...
As i explained in my last analysis i was worried about the lack of volume during the ascend of the right shoulder and the breakout.
Because there was no volume the H&S bottom didn't finish.
What we need to see now is another breakout above the dotted green line accompanied by a lot of volume.
I'm still learning TA so advice, feedback, comments are welcome.
First of all, i'm not experienced. I'm a newbie when it comes to TA so feedback is welcome and appreciated.
While researching the inverted H&S pattern i've read that volume increase is important on the advance of the right shoulder, since we're not seeing this i'm kinda worried this might be a false breakout.
So lets hope we see some volume in the...
Note that i'm not a professional, i'm here to learn and therefore feedback is much appreciated.
I've noticed two contracting triangles in the SCUSD chart. This in combination with the fact that the SCBTC chart is showing a massive cup&handle pattern makes me believe Siacoin is going to skyrocket soon.
Now i have to say i just started reading up on...
Note that i'm not a professional, im still learning Elliot waves so feedback is appreciated.
I think this is a single Zig zag correction. I've counted the waves and i can find an ABC pattern with 5-3-5 subwaves.
I was wondering if wave 5 of C could be higher than wave 4 of C in this type of correction? Are there any experienced Elliot wave analysts...
Correct me if i'm wrong, i'm still learning elliot waves and would like to learn more. So feedback is appreciated.
I believe the abcde correction on btc -1.07% is almost over. If this happens we will probably see it bounce back.
The head and shoulder formations shown by the pink lines all point towards the same bottom line. Around 10179,-
This is also where...