LongTrader1982

LongTrader1982

Here I've used trend based fib extensions to try and find a pattern for the top of each cycle, as mentioned in the chart, when we have had an overshoot of the 0.50 or 50% extension and a good pullback the 5th wave has at least met the 75% extension and overshot it, when we had a weaker wave 3 with a smaller pullback we didnt reach the 75% extension. This time we...

LongTrader1982

This cycle is a little different to previous although we are seeing repeating patterns from previous cycles its hard to establish a clear top, I will be using circle fibs shown here along with the Pi Cycle Top indicator to see which scenario described in the image will play out, if we get the Pi Cycle top indicator before we pass through the 2.618 circle fib I...

LongTrader1982

In this analysis i am trying to establish whether Bitcoin will follow the previous cycle and form a trend with regards to duration, its a difficult one because there havent been many cycles so to speak so it would be interesting to see if we do start to conform to some kind of pattern this time around, if we do follow the timeframe for the last cycle im making the...

LongTrader1982

Bearish continuation pattern here makes me think that xrp will potentially lose support of the horizontal and fall to the next fib retracement for support at $0.76, hoping for a big bounce from this level to resume the bull

LongTrader1982

Not a time frame i look at very often but how nice does this XRP 8HR chart look, lovely little bull flag nice and clean with a clear target to the upside of approx $1.44

LongTrader1982

Just an idea of mine on the last leg of the bullrun, there is the possibility that the first impulsive leg of the bullrun was cut in half for xrp by the lawsuit and that the target was in fact the 2.618 extension, if thats the case then we may see that size of wave up this time around taking us to $18 approx

LongTrader1982

Here is some analysis ive done on the xrp chart for the last bullrun up to date, I have tried to focus on fibs on the daily timeframe where ive used specific targets based on uptrends and downtrends, I use the 20 and 55 ema crossover to determine the trend and the fib extension/retracement tool to show the targets. The last bullrun saw a double blow off to the...

LongTrader1982

Spotted a hidden divergence continuation with Etherium today could mean a breakout above the triangle with a nice little trade available here.

LongTrader1982

Bitcoin bear pennant update, possibly forming an inverse head and shoulders with a new target of $45k if we break the triangle to the upside

LongTrader1982

Just checking out the bitcoin 4H and think we have a bear pennant with possible breakdown, im new to TA so just looking for some feedback does this look correct? Thanks in advance

LongTrader1982

Im very new to charting ive been following a few well know TAs, just looking at the XRP 1HR and thought i saw a little inverse head and shoulders, so i had a go at marking it out with a potential little upswing to what i have marked as the next resistance level Ive had a go at putting some fib extensions on which, again im not sure if its correct or not. As im...