Leo_X

Leo_X

On 27 Jan, XRP broke through the key resistance level turned support at 0.2300. Price may continue its uptrend move due to the following: - Started to test the now key support level on 27 Jan - Tested key support level for the 2nd time on 29 Jan - Potentially in testing the key support level for the 3rd time. If condition fulfilled, price may potentially reaches...

Leo_X

On Jan 19, BTC had broke off the uptrend line since Jan 02 and closes below price of 8670. Instrument is starting to show some weakness in the market now and had been consolidating between price level of 8800 and 8475. We are likely in a bearish scenario now. Price should potentially reaches the resistance level of 8800 and show further impluse correction -->...

Leo_X

ETH may seen to be getting out of the price consolidation since Dec 18 and price may continues upwards to level of 140.5 (the next resistance level) Notice that price had also been creating higher lows and may potentially form an ascending triangle, indicating the bulls are attempting to push prices up. Bullish view For indication of entry into the market, I like...

Leo_X

On Dec 15, ETH price continues to show weakness in price action and descend strongly to level 116 within a short span of 3 days. The strong downwards move was also contributed by the price broke off of support formed on 25 Nov, which price closes below the support at 131.45. We are now looking at prices retracing itself since 18 Dec and the direction is still...

Leo_X

On Dec 15, XRP price continues to show weakness in price action and descend continuously to level 0.18150 within a short span of 2 days. We are now looking at prices consolidating itself since 18 Dec and the direction is still unclear on what market prices would do. Meanwhile, do stay cautious and keep risk appetite at minimal when trading. Price direction may go...

Leo_X

BTC prices had been consolidating itself since Dec 2 and there are currently some signs that prices may be pushed upwards on the next coming week. On the Nov 27, reversal H&S completed its form and broke out the trend line (dotted) of the pattern, closes itself above at price of 7325. Subsequently, price continues to rally upwards to reach price level of 7820 over...

Leo_X

On Nov 17, XRP price continues to descend after 2 days of consolidation since Nov 15. Price retraces itself, forming a 2nd bearish continuation flag before broke down the level of 0.262 and reaches the strong support level of 0.247. The bulls managed to overcome the bears at level of 0.247 on Nov 19 and pushes the price back up to 0.255. However, the bears...

Leo_X

On Nov 11, BCH price declined after the complete form of triple top reversal pattern which has been forming since Oct 30. Market price has been toppish since then and bearish investors had managed to push down prices after the complete form of double top reversal pattern. Notice that the bulls came in to hold support at price level of 280 and manage to push back...

Leo_X

On Nov 03, BTC price was consolidating to 04 Nov before rallying up to level of 9550. Unfortunately, this is a false breakout which prices when back to the resistance price level, consolidate till 6 Nov, before bearish investors took the opportunity to short the instrument upon breakout (after closing) of the supporting trend line. A false breakout is usually the...

Leo_X

On Nov 03, XRP found its support at 0.29 and rallied up to 0.31 on Nov 06, with consolidation in between on Nov 05. Prices was then pushed back down and broke the support line at 0.29, reaching to the level of 0.2745, the daily uptrend line which is imperative to look out for. Notice that price is currently respecting the support of the uptrend line. I would like...

Leo_X

ETH/USD had finally broke out the long term downtrend line since 9 Jul and closes at price of 178.6. Price had found its support at price of 175 on 26 Oct during price correction, which is now also above the trend line. Notice also that the price had formed higher higher and higher low, indicating market players are now bullish and willing to buy ETH/USD at...

Leo_X

BTC/USD had finally broke out the long term downtrend line since 5 Jul and closes at price of 9600. This indicates more bullish players are coming in to push the price further up, potentially to price of 10297. Note that price found its support at 9010 at Oct 26, showing more buyers are willing to buy at higher price to keep the bullish momentum going - higher low...

Leo_X

On Oct 7, XRP rallied up from 0.2570, breaking through level of 0.2640 and reaches level of 0.28620 on Oct 08, previous support on Sep 19. Prices was then pushed back down to level of 0.2640, its previous resistance on Sep 30, now turned support. Also notice that from Aug 28 to Sep 16, there was a strong consolidation of prices, before the bulls prevailed by...

Leo_X

On Sep 23, LTC spiked down from 71.80 to 62.40 after a day's consolidation (Sep 22), reaches the double bottom support level formed on Sep 06. Subsequently, price corrected to 66.7 before the bears decided to retest in pushing down the price down further. Price broke through the support level and dipped down further to 54.5, creating a new low since Feb...

Leo_X

On Sep 17, XRP rallied up from 0.2640 to 0.3240 on Sep 18, hitting the high since Aug 05. Prices was then pushed back down to level of 0.2880, its previous resistance on Aug 18, now turned support. Unfortunately, price broke down further despite consolidating on this 'turned' support level for 2 days, and reaches level of 0.2772. During this consolidation, note...

Leo_X

ETH/USD had started an uptrend move creating higher highs with higher lows on Sep 15, reaches all time high since Aug 19, towards level of 214.5. On Sep 17, ETH/USD corrected lower carving out a higher low at 202.5, before rallying up to form higher high at 223.8 on Sep 19. The cryptocurrency had looked to support at level of 214.5 9 (previous resistance now...

Leo_X

On Sep 02, BTC rebounded from level 9580, respecting the uptrend line since Jun 06. From Sep 03 to Sep 06, the bulls regained price momentum towards swing level of 10860, creating higher lows and higher highs. However, notice that price respected the previous resistance since Aug 19 (level of 10860), and retraced to price level of 10300. Hence, a break of level...

Leo_X

BTC/USD had started an uptrend move creating higher highs with higher lows on Aug 15. On Aug 21, BTC/USD corrected lower carving out a lower low at 9800. The cryptocurrency will be looking to support at 9400 upon a confirmed break on the trendline. Hence, a break below the Aug 15 low at 9400 could send the price towards 8900. On the flip-side, if BTC/USD finds...