CryptoSimons

CryptoSimons

A breakout would mean it's time for alts to cool off and BTC to grow rapidly.

CryptoSimons

Breakout of the ascending triangle.

CryptoSimons

Might play out. Watch out for lack of volume - would cause it to fail.

CryptoSimons

Falling broadening wedge formed on the weekly. Price either returns to support or breaks the resistance. There is a strong bullish divergence, but resistance must be broken to be certain.

CryptoSimons

If the resistance is broken price will head to the next resistance within the parallel channel.

CryptoSimons

Bullish divergence and bounce off major support.

CryptoSimons

Consider this to be a bounce off of its local support.

CryptoSimons

I've read so much about how it's important to go long now on XRP for the next two weeks because, historically, XRP rises in anticipation for the conference. Many reports are calling for 100%-200% gains in these next two weeks. Based on this fractal, that impulse seems to have already occurred with a little room left. If this fractal played out, that would be a...

CryptoSimons Updated 

Possible inverse H&S in the short-term. Wait for a breakout to consider buying.

CryptoSimons

Price is contracting rapidly and it also helps that XRP's behavior has been quite structured recently with other formations. It looks like XRP's volume is about to explode within the next few days - that's indisputable. What isn't indisputable and is up for argument, however, is the direction of price. The symmetrical triangle is a continuation pattern, meaning...

CryptoSimons

This descending triangle will send the price to the local major support.

CryptoSimons

BTC showing signs of repeating the growth pattern of the previous bull run by nearly imitating the previous bear run. Reasons: 1. ATH rejected from long-term resistance 2. Price supported by long-term support 3. Price rejected by descending trend line that is representative of the previous one 4. Following the second rejection, a descending triangle formed and...

CryptoSimons

XRP has a decision to make here: either fall back to the wedge support or breakout to the next resistance. There's a good chance the outcome will be bullish, since there is a strong bullish divergence with the MACD.

CryptoSimons

Since the beginning of 2018, the SPX has created a massive bearish divergence. This should indicate a strong trend shift in the near future.

CryptoSimons Updated 

XLM showing signs of a bull pennant on the 1HR chart.

CryptoSimons

I don't see XRP falling to a significant degree from here. XRP has been forming a falling wedge pattern since May 2019. Support and resistance lines in time frame give evidence to this, as well as the declining volume over the period. Near-term price increase can be predicted by looking at the 2 month bullish divergence that has been forming on the RSI and recent...

CryptoSimons

Expecting XRP to reach its major resistance line 200-250 days from now.

CryptoSimons

The symmetrical triangle that has formed over the last few weeks has been confirmed with support/resistance lines, as well as declining volume. The next spike of volume should occur at the formation of the inverse head & shoulders, which will give a short-term reversal to break the resistance of the triangle.