Legenden17

Legenden17 Pro

Descending resistance is getting closer and closer to the mighty 0.30c support. If it fails, we will see for certain a bigger breakdown towards 0.18. Declining volume, keep watching this chart.

Legenden17 Pro

First of all, this is not financial advice Bitcoin is following the past 2 bearmarket structures Red = Top Yellow = crash after losing an important level (6k in 2018, 30k in 2022) Green = re-accumulation (currently in) After this, a push to at least the 0.618 / 0.702 fib is following wich means that 50.000 btc is in the play

Legenden17 Pro

Similarities with XLM 2016/2017 First big impulse, followed by a big (big big) correction wich is finishing wave 1-2. Expecting a big impuls wave 3 after it, target in a few dollars. Just bought a little bag of it, why not.

Legenden17 Pro

Was the higher high last november the compleancy fase? 2017 we had a lower high, with the compleancy. Could be true that was the higher high last year. If that its true, we almost done with de cyclus, only 1 real capitulation left (after a relief rally). 1-2 year of accumulation around 25-30k levels before the next run.

Legenden17 Pro

Look at the similarities. Gonna pick up a little bag of filecoin. Coin is in a heavy depression right now.

Legenden17 Pro

XRP is currenty testing the macro 2021/2022 lows at ~ 0.60 cents. With the lower highs its no due or die time. Macro close under 0.60 or weekly under 0.58 will make a panic push to the 0.30 zone imo. So far so good, buying XRP now could the the play of 2022, at least you are not buying the top Wil analyse this price action for the coming weeks.

Legenden17 Pro

ABC Correction on the 0.702 fib C leg to the 0.70 Support Declining price and upcomming RSI = Bullish sign. Lets see where we can get the reversal. 68-70c is a strong support in the past months.

Legenden17 Pro

One thing that worry me is that we are compressing above the same moving average as in 2018 Yea, 2019/2020 it bounced from it, but keep in mind that % wise we still can fall another 50%~ Just to keep in mind, not giving this the highest probability still.

Legenden17 Pro

Vertcoin had a nice pump over the last days. Consolidating for months/years already in a wedge. Last time we did a x350 breakout from the wedge (left side) 0.75 and 1.63 are key levels to break. after that its only the retracementlevels at 9 dollar (long way to go from here still) What u think?

Legenden17 Pro

Ascending triangle is coiling up. 0.85-0.90 got rejected but the ascending line did held beautiful as support. We can coil a little bit more in april in this triangle, but the breakout is imminent! Volume profile is also conforming this (descending volume) Targets: 1.01 1.20 1.39 1.54 (0.702 fib) 1.95 (last high) ATH's and further.

Legenden17 Pro

Looking for a retest on the 0.018 support~ Wedge consolidation = bullish. First signs of a reversal are here.

Legenden17 Pro

Compression against the 0.85 - 0.90 resistance, coiling up. Expecting a big candle anytime soon to go 1.20 at least! Letsgo XRP!

Legenden17 Pro

What if.... Xrp is in a monthly channel ? 3 touches lower 2 touches upper upper touch would be around 350 dollar. Not financial advice, just the lower trendline is already an extra conformation that we have to see macro upside from here Monthly: bullish Weekly: no close under 0.52 -> macro bullish Letsgo?

Legenden17 Pro

If we break out of this trendline, only resistance left is at the red line. First signs of a reversal in sight, lets go!

Legenden17 Pro

Triangle goes in to the spring somewhere, Normaly on 70%~ on the apex of the triangle, the breakout occurs. we are at the 70% mark My expectation is that once we clear 1 dollar, there is little much as resistance left. only 1.54 (0.702 fib) but others than that, new ATH.

Legenden17 Pro

And retested it. Beautiful price action, 140-145 has to hold to move further. 200+ incomming? Privacy coins are hot now.

Legenden17 Pro

Triangle is until ~ half april Very long consolidation, USDT pair is also bottoming out USDT pair > no weekly close under 0.58 and we are fine. Lets root for the big pump. almost everyone is silent now about XRP.

Legenden17 Pro

With the recent pump, its looking that XRP bounced clearly from the 0.60 support level, wich is very important. 1.01 and 1.51 last levels to defence, after that i dont expect that much resistance until ATH at 3.3 dollar. targets for me 9-13 dollar (fib extensions) last times we did a few weeks quick pump to these levels, can history repeat again or will xrp be...