About meI am not a financial adviser and do not give financial advice what so ever. I merely provide personal opinions. The 2018 bear Crypto Market provided me with a vast amount of experience in the Blockchain field, especially in regard to technical analysis.
With a current market-cap of $14,849,233,828 , XRP has the potential to lead an alt-coin rally if it were to break out. I identified several bullish signals on the chart itself. In my opinion a move for Ripple here is a real possibility, watch-out for volume.
The fundamentals look good. The technicals look good. I am a fan of Stellarlumens (XLM) here. Refer to chart for some key notes. Basic candlestick support and resistance is identified.
Most importantly Stellar is testing a major resistance in a cup and handle up-trending pattern currently. Popcorn ready.
Reversal patterns developing listed on chart. Price action may be on it's way.
The most important indicator= The significant volume flow in December 2018 for most of the market may have already identified a bottom. Coinbase is certainly geared up for a run and in addition Ethereum's Constantinople upgrade is a big deal. #bullish
Many rookie traders (such as myself last year) fail to realize the power of the "Log" button which puts these trends in a better perspective. This is especially important because crypto is so volatile. Chart here identifies potential few reversal patterns forming. If correct we have a 2019 trend line in bold. . Major resistance lines also identified.
Fundamental and Technical Analysis on the Chart.
In addition visit BCHABC and look at the 4 hour RSI. 5 quick Elliot waves up, 5 quick Elliot waves coming down? These 2 are fighting over ownership of BCH many people forget that. Both chains do not matter they can afford a bubble pop.
Technical analysis suggest BCHSV would win the Hashwar.
(I don't give...
Short term Bearish, Long term Bullish scenario on BTC based on a long term term cup and handle pattern. Never let your emotions guide you! We must at least consider the possibility of whether another crypto will challenge bitcoin for king in the time being as they works on fixing their network in efforts to lower transaction time as well as fees....
*Entertainment purposes only, I am not a financial advisor nor an expert. Do not take this chart as investment advice*
DO NOT GET TRAPPED!! Zooming out on a weekly perspective, it appears the worst is yet to come for LITECOIN . MY personal opinion is we are currently in a massive Bull Trap driven by big money. I am expecting a repeat of a very similar pattern we...
TRXBTC support and resistance point analysis based on a repeating cup and handle wave pattern. I theorize that TRXBTC is moving in a repetitive cup and handle cycle motion and retraces after every Elliot wave slowly all the way to the previous wave's handle bottom. You must zoom in on time frame to study it's past microwaves and you will see the exact pattern that...
Personal prediction based on past TRX patterns and resistance line analysis. Recognizing repeating cup and handles here... To confirm zoom in time-wise on past microwaves which look awfully similar to December's all time high and where we are today..Pattern suggests a complete retrace of each Elliot wave dips to the bottom most portion of each previous wave's...
Judging by lower and higher resistances I recognized a very repetitive cup and handle pattern at play. This suggests we are bound for a Tron dip before a breakout of wave 3 begins. Gold about to rise may confirm this dip