Potential for a triple bottom on SPY. Depending on incoming news later tonight/tomorrow morning, I suspect a large move monday. Technicals would suggest that spy should be making a move upwards towards 293. If 293 rejects, then down we go again. If it breaks and retests as support, then we may make new highs. However, with the fear in the market, it is hard...
I have been watching XRP and BTC very closely because they are very respective of crypto technical analysis.
My chart shows many trendlines that have proven to be important to XRP's current price action. These are:
1. BLUE DOWNTREND
2. RED DOWNTREND
3. BLACK LOWER UPTRENDS
Beginning with the first blue downtrend,...
Daily chart: XRP hits red zone target. Rejected nicely and making its way out.
Hourly chart: Cup formed, handle on its way forming.
Prediction: if handle breaks past ~4700 satoshis, looking for the target to be atleast 5400 satoshis...if price breaks past trendline, then we move onto the next zone and next trendline....if that breaks, then the bull run might be...
If you look at my previous TA ideas, you will know I am loving IOST right now....
Check them out, and then check this idea out. Ascending triangle (small) could be potential for big run, as long as it breaks the downtrend I have.
IOST WILL AND IS A COIN THAT WILL BE VERY BIG THIS SUMMER.....I suggest to get in ASAP....this coin is phenomenally progressing.
Hey everyone...Hope you're all doing good and you're feeling great. Yeah, market is acting weird, and lots of these trading view ideas don't help. What I mean by that, is they're very stressful, extremely bearish, or extremely bullish and huge hype behind it. I believe we are bullish for quite some time...probably the next two weeks I would say with certainty. ...
We got 2 options where ADA could go: Orange arrows or Blue arrows.
Red is important zone of potential manipulation to that zone, but I don't believe we will really reach that zone anymore...
This will follow the TA accordingly, provided that the bullish uptrend does not break, and a MACD cross over to the upside wouldn't hurt either. :)