If this coin is in a bull run, here are some targets based upon confluence of several Fib retracements/extensions/projections. Thanks,
Looking at these confluence of fibs, I see a buy zone at 1.92, possibly 1.9 with a move up to .1.98
Broken out of ascending triangle, currently consolidating at 3 fibonacci resistance levels. Breakout target is 1700. TP1:1660 TP2: 1700
Seems like BTC was in a descending wedge and has broken out in what looks to be an adam and eve bottom(well see how it plays out). Anwyays, BTC sitting a resistance, a confluence of two fibs .886 retracement and .382. I'm showing the trend lines so you can see where I measured from. I wouldn't be surprised to see a bullback here. IF it continues to move up with...
Broadening Wedge with the E leg likely to fill. Showing Bear Divergence since January 24. Some Fib Confluence of support to hit.
XRP currently in ascending wedge on the hourly. XRP hasn't tested the major support of .28. I suspect in the next day or two, it will break down and test .28, with a healthy bounce to .37-.39 over the next 10 days.
We tapped the trend line as shown in the chart. This line has acted as support the last 20 days or so with probably ten hits on it. I think in the next day or so we'll quickly drop below it, possibly hitting one of the two 1.618 fibs highlighted, or lower. Once we dip, I'd expect it to be pretty quick. Once it re-enters the channel, it could be a potential area...
Usually pretty accurate in terms of bounce. Lets see how this one plays out.
Got a projection of 1.0, Extension of 3.618, Retracement of .618. A pullback is likely here with CME contracts expiring on the 28th. Stay Tuned!!
Found this xrp fractal from Dec. 2018. It looks like a cup and handle is currently in play with breakout target of .55.
It looks like an ending Diagnonal is in play here with divergences on RSI and Volume. I believe we could hit 10k, possibly more, then get a good retrace to the green buy zones. This is a bull market after all, so take this with a grain of salt.
Showing the fib targets for the next week or so. There is a confluence of resistance at .55. The confluence is confluence of a price projection(1.0) and fib extension of 1.618. These two should act as magnets for price action. The price oscillator also shows the recent impulse as wave 3 for now with last weeks dump a possible wave 4, or v bottom(simple...
A typical wave 3, wave 5 seem evident with small correction to follow..... Made a higher high on lower volume, lower rsi, lower price oscillator. Is it headed lower for a correction?
LTC has Fallen to to the 50ema with Fib support. Looking for a bounce here or right below it at the 100ema which is a confluence with the 1.618 projection. Targets are roughly 50% retracements.
Projected Support in Yellow Via 1.0 and 1.618- a confluence of the two with prior support shown on the structure. A fib Target bouncd of 12%
If we get past the 1.618 fib in yellow, there is significant fib confluence highlighted in the ellipse. A reverasal could occur here. Feel free to leave comments or constructive criticism