ChristiaanvanderMerwe

ChristiaanvanderMerwe

While I have said this before, it does not make it any less true this time around. The SPX is looking weak up here with momentum dying, while making a HH. If we're ever going to get that well overdue retracement, it makes sense to be sooner rather than later. Looking at the 200 SMA and FIB levels for once in a lifetime entry opportunities.

ChristiaanvanderMerwe

Looking good over here for XRP. $1.30 in Q1 2024 would not surprise me

ChristiaanvanderMerwe

Confluence for major resistance is not here, but closer to $1.20 Lots of rumours to propel a sustained push to $1 at least. XRP is certainly overdue for a solid move up.

ChristiaanvanderMerwe

Reasons to be Bullish: 1. Weekly Bullish Divergence 2. Coming to then end of a falling wedge 3. Market in general looks primed for a move upwards Reasons to be Bearish: 1. BTC making moves might displace some ALTs i.e. BTC Dominance may increase in the short term, before ALTS have their chance to fly

ChristiaanvanderMerwe

The chart says it all, see you halfway to $100 after Ripple finally closes the door on the ludicrous SEC allegations & charges. XRP > BTC

ChristiaanvanderMerwe

Strong 4Hr Bullish Divergence after a health retracement following that very strong impulse. Target's identified.

ChristiaanvanderMerwe

1. Clear Accumulation after mark-down phase. 2. Weekly RSI Breakout & successful Retest. 3. Mark-up Phase due given where we are in the long term trend/cycle.

ChristiaanvanderMerwe

Very simple analysis, but one that I think has clear limits.

ChristiaanvanderMerwe

1. Strong Technicals 2. Fundamentals Hyped/Bullish 3. Overdue for a mark-up phase on the long term market cylces and trend

ChristiaanvanderMerwe

Get in while you can. Perfect retest.

ChristiaanvanderMerwe

who wants gold when you can have silver?

ChristiaanvanderMerwe

BUY BUY BUY. Risk/Reward is juicy.

ChristiaanvanderMerwe

Time to scale in. Buy the Blood.

ChristiaanvanderMerwe

Patience

ChristiaanvanderMerwe

Definitely favouring a pullback from here.

ChristiaanvanderMerwe

Sticking it to is the key. That and waiting for confirmation.

ChristiaanvanderMerwe

Could be near an inflection point (trend change). If it were to breakdown, I would be buying in the golden pocket (between 0.5 and 0.618 fib levels). I would be cautiously bearish until the latest supply zone (resistance) transformed into a demand zone (support).

ChristiaanvanderMerwe Updated 

Looking to form a generational bottom down here. Way too many noobs on facebook and twitter calling for "obvious" new lows. Time for them to re-experience what FOMO feels like.