CoinBlank

CoinBlank

From a purely TA perspective, we can see that in the weekly, the next one to two months will be especially important for BTC as it climbs above the cloud into a bullish position and its lagging span is set up to cross into a bullish position. I want to see the lagging span become sustained over that duration to feel confirmed that BTC will sustain a long-term...

CoinBlank

In my last analysis, I discussed a hypothesis regarding the strange EW and its skewed nature. It looks as though this is the turning point where we see if I was right or not. If the lagging span sustains a bullish position and the TK Cross comes into a bullish position (the cloud always follows last between the two in a clear, trend-like movement such as this...

CoinBlank

If we look at our 30-min chart, we can see that the price has broken out of the key level of resistance. We want to see if this bullish sentiment is sustained to determine our next buy-in opportunity. I noted that the ABC correction looked like it was going to be a classic textbook 535 zigzag in one of my previous analyses on XRP, but I've found that the final C...

CoinBlank Updated 

Looking at the 30-min, we can see that all of our IC indicators are pointing in a bullish fashion, with our base line -barely- below the conversion line. Zooming out to our 4-hour, we can see the overall chart is still bearish, which signifies that we're still going through a correction for the crazy uptrend that occurred a week and a half ago. This pullback has...

CoinBlank

If we look at our weekly, we can see in the log chart that the price point is following the trend quite nicely. There should be a breakout in the following months, as we continue to approach the apex of the triangle. Though the IC indicators in the weekly are still bearish, if we look to our daily's IC indicators bullish indicators and remind ourselves of the...

CoinBlank

It seems as though the third wave down has started. I am utilizing my yellow and green support lines to help guide my corrective wave so that I can determine a proper buy-in. I am assuming that the C wave will finish off within this boundary. You all should be on your toes and look to the IC indicators as a tool for gauging the momentum downwards. It will help you...

CoinBlank Updated 

So it looks like the A wave of the correction has come into full fruition and is in the process of changing its momentum to begin the B wave of what looks to be a 535 zigzag. You can tell on the 30-min that the ichimoku cloud has gone into a bullish position by looking at the recent TK cross and the lagging span crossing above the price point, where usually the...

CoinBlank

If you've been holding XRP and wanting another point of entry before the next bull run, a favorable local minimum should be opening up within the next 4-6 days. There are some out there who are afraid that this strong upward momentum was only a temporary fakeout but rest assured, this is only an expected retracement in the grander scheme of the price movement. You...

CoinBlank

If you consider the entire cryptoasset market at the moment, we're beginning to see a shift in mentality. There is more optimism in the markets. Though still carrying great skepticism, it should be noted that there are several indicators to our advantage that signal the beginning of another possible bull run. Considering that there is a significant uptrend in...

CoinBlank

It looks as though the cloud is on our side. Over the next several days, we should be seeing the final push that shifts the $10000 resistance line to a line of support. It looks like the beginning of a new impulse: that we are on the tip of the first wave, watching the correction beat out the last of the sellers before we can finally see some significant upside...

CoinBlank

Several days ago, I published an idea about holding onto BNB for the long-term. This short-term perspective is not in any way contradictory to my sentiment regarding the long-term perspective, but I am making changes as to when I will buy-in. Considering the leaps that Binance has taken over the last two years and how many people are still invested in the crypto...

CoinBlank

I was only 20 years old when I witnessed the crypto boom in 2017. It got me interested in both crypto and trading and I was drawn in by the hype around the massive gains being made in this sector. It took a while for me to mature and learn about myself as a trader. There were moments where I checked my crypto-assets right as I got up and panicked into a frenzy,...

CoinBlank

As BTC is the "big daddy" of all the cryptoassets, it should follow that if one were to distinguish any possible beginnings of a coming bull market in the industry, it would be wise to follow this asset and make general predictions based on its movements. This is only a short analysis and is meant to be non-formal, as I only want this for my personal...

CoinBlank

I believe that the WXY Correction is about to be complete. The Y is currently forming and on several degrees of wave analysis, it is likely that the asymmetrical triangle will lead to a breakout of a larger third wave, which coincides with the coiling of the MACD (which should happen in about 1-3 months). The steady uptrend seems to have formed a nice X, but I...