Movali123

Movali123

Following from previous analysis my idea on the big picture for cryptos is still highly bearish. It fell below the flag but a short squeeze has now got BTC travelling back (just!) within it. If the bulls are still there they need to make a push above the 7.7k to have any sort of hope of reaching short term 8.3-8.5k targets. I think people will jump in FOMO style...

Movali123 Updated 

Where to start, XRP the december hyped king but failing so much right now. Heres the movements from ATH: 1) bottomed at 0.60 retraced back to 1.18 dollar 2) bottomed at 0.45 retraced back to 0.95 dollar 3) bottom to be confirmed?? LOWER HIGHS, HIGHER LOWS? thats what i expect. This could see us possibly hit the 0.45 region and with BTC holding a strong and...

Movali123

I think its a pretty clean H + S on the larger time frame, the 109.7 region has been rejected twice on asking and a pull back to minimum 109.3 is almost complete. Although this region has held previous I think a breakdown from the neckline could see 109.8-109 at least, with possible further downfall to the previous support levels at the 107 areas. Entered a short...

Movali123

I like to use larger time frames they set the big picture, as far as im concerned we are in a big bear market still and to gather some momentum i think we really do need to dive lower. 4Hr possible bear flag formation, could even go as high as 7.6/7.7k which is an acting resistance, before flagging down. Feedback and constructive criticism welcome!