I think I used the cycle tool correctly. Seems like we are headed toward single dollar digits. How high it goes is speculation but if history repeats itself, we may be about to impulse. What do you think?
While cleaning up my previous chart I noticed Verge bounced off the bottom upward trendline instead of hitting previous support just before the last explosion in December. I think this confirms the upward trendline. Hopefully we will see an increase in volume and a continuation of upward momentum. What do you think?
Perhaps you guys and gals can build on this chart with the following considered: I couldn't get the ruler to stick but the first triangle broke out around 190 days after the initial impulse. We are currently around 185 days in our current triangle. I truly hate the fact bitcoin is currently married to alts and can only hope Verge will soon show the altcoin...
Just an observation - what do you all think? Check out the similar circled downtrend patterns. Can we expect a huge IMPULSE BREAKOUT?!
XVG looks like it's primed to rise substantially in the near future for various reasons. Do you agree?
I think we are in a midst of a healthy correction given the jump up recently. With the conference less than a week away, I think the potential for a breakout here is within reach.
Trying to figure out how to monitor XRP in realtime using RSI and Fib. May I ask for your 2 satoshis?
Some people are anticipating a 2x - 3x return in the near term. Is this the seed? I'm long on XRP but wondering how I may also take advantage of any volatility in the interim. Thoughts?
Looks like a nice chart to ride the price on a day like today, but with fees that are incurred by various exchanges, how would $50 swings up and down be profitable? Food for thought anyone?