If ETH continues to be pushed down along the dashed white descending trend line, it could possibly reach the 200EMA (buy zone). ETH tested the 55% level (orange circle) and tried to push back up but stayed under the dashed white descending trend line. Further dipping could bring ETH to the purple bar (Golden Pocket) for a low risk buy in. More Power To All Your...
First line of support is the yellow bar, coinciding with the 200EMA. 2nd line of support is the Blue Bar. Link entering the green ascending triangle above could push price higher. More Power To All Your Trades, My Friends! Ron Intrepid_Trader
After an 80% retracement, ETC now offer zones of buying opportunities. Both the MACD & RSI have bullish divergences. Time for ETC to shine! More power to all your trades, my friends! Ron Intrepid_Trader
XLM is going sideways and could now be entering the purple descending triangle. The Golden Pocket (buy zone @ 0.283 to 0.288) is right underneath it, price could rebound from this area. Two other buy zones @ 0.25 - 0.26 and @ 0.23 More power to your trades, my friends! Ron Intrepid_Trader
Previous resistance of the falling wedge on the Bull Flag has been confirmed as support. Possibly more upside price action. Upside Price Target: $36.2K to $36.4K (Golden Pocket) More power to all your trades, my friends! Have a great trading week ahead. Ron Intrepid_Trader
DOGE escaped from the falling wedge and could now be headed for the GOLDEN POCKET at 625 to 646 (61.8% - 65% Fib) More power to all your trades, my friends! Ron Intrepid_Trader
SNX is crawling up the ascending white trend line. If SNX breaches this line, a retracement to the GOLDEN POCKET could be the next move. MACD has a BEARISH DIVERGENCE. Looking to get in. Buying opportunities ahead! More power to all your trades, my friends! Ron Intrepid_Trader
Horizontal triangle imminent breakout. Upside Price Target: 106 Downside Price Target: 62 More power to your trades! Ron Intrepid_Trader
Cheaper Bitcoins Available Soon If People Start Selling Their Bitcoins. If this plays out, Bitcoin could drop to $29K Trade with caution! More Power To All Your Trades, My Friends! Ron Intrepid_Trader
Upside Price Targets: 1. $39,851 @ 1.136% Fib Level 2. $41,132 @ 1.272% Fib Level Downside Price Target: $23,337 to $23,035 (Golden Pocket) Zooming Out: More Power To All Your Trades, My Friends! Ron Intrepid_Trader
Upside Price Target: $40K (base of falling wedge) up to$43.5K (measured move) Place your moving stop loss appropriately (swings of $1K-$2K are now a regular range). More Power To All Your Trades, My Friends! Ron Intrepid_Trader
Price breaching the Blue support bar could bring DOGE down to the Green Bar. DOGE pushing out of the Resistance Trend Line will face the Yellow Resistance Bar. DOGE will have a chance to push further back up as long as it stays above the 21 EMA . If DOGE prints a Descending Triangle as it dips to the Green Bar, this will be a Bearish move. More Power To All...
Bitcoin is in a falling wedge , creating an enormous bull flag . Both MACD & RSI having Bullish Divergences If Bitcoin breaks out of this falling wedge towards the upside then the potential target for this bull flag is $54.4K If Bitcoin breaks to the downside, the 200 Day EMA could be the target at a range of $20K - $19K More power to all your trades, my...
Bitcoin has gone below the 21 Day EMA, tried to push back up but got rejected. Bitcoin also got rejected at the 23.6% Fib level and was not able to push back up. If Bitcoin does not find support at the 50 Day EMA, the likelihood of it dipping further down will be high. If Bitcoin dips further down, the 200 Day EMA and the 61.8% Fib level could be the next...
This post is a sequel to the one I created yesterday about the descending triangle. This has now come to fruition. Blue Bar must hold as support else price could bring Bitcoin down to the 50 Day EMA (Price target: $28.4K) A bounce from the Blue Bar could rebound price back up to the 21 Day EMA and get rejected by it (DCB -Dead Cat Bounce) which could then...
21 Day EMA must hold as support, else Bitcoin's next level down is the 50 Day EMA at about $30.1K This chart has printed a consistent lower highs and is looking more like a descending triangle (Bearish). 1 Hour Chart is still looking good for the short term. MACD and RSI both have potential Bullish Divergences (needs further confirmation, price needs to further...
Upside Price Target: $36,383 - $36,506 (Golden Ratio/Pocket) More power to all your trades! Ron Intrepid_Trader
Upside Price Target: $39K Downside Price Target: $30.4K MACD has a Bullish Divergence. RSI is at about 50% and has room to move towards the 80% or 20%. Bitcoin is now finding support on the previous resistance trend line of the falling wedge. Upside Price Target Coincides with the falling trend line of a horizontal triangle. If the market so chooses to...