BITSTAMP:XRPUSD As you can see in the chart, XRP is making an Inverted Head and Shoulders Pattern, right now it is making the right shoulder. To confirm it, we will need to go above $0.39 USD. If we do the price target would be a minimum of $0.60 USD. www.freeonlinetradingeducation.com Also, the MACD indicator is giving us a buy signal, with the blue line...
BINANCE:LINKUSD As you can see in the chart, LINK is making a Symmetrical Triangle Pattern, as seen in the chart. www.freeonlinetradingeducation.com Triangles are generally continuation patterns, so it is likely to break to the upside. To do so, well need to close above $16.20 USD on a daily candle. If we do, the minimum target would be $29.40 USD, which is...
CME:BTC1! As you can see in the chart, there is a huge Open Gap on the CME Chart of Bitcoin between $26,000 and $24,000 dollars, and there is another between $19,000 and $18,300 dollars. To close those Gaps the price would need to go down to $24,000 for the first one, and all the way down to $18,300 to close the second one. Previously, it closed a huge Gap...
CRYPTOCAP:BTC.D We bottom in the Bitcoin Dominance Chart in January 2018, from there in Elliott Wave Terms we had a 5-wave move to the upside to 73.02% on September 2019. And from there we started a 3-wave movement to the downside. From which we already had Wave A, which looks to be a 5-wave movement Leading Diagonal Pattern, and are currently tracing Wave B to...
BITSTAMP:BTCUSD Starting from the March lows, we started a new impulse wave to the upside, from which we already trace Minor Wave 1, Minor Wave 2, and looks like we are about to finish Minor Wave 3 very soon. After that, I expect Minor Wave 4 to follow, which should take several weeks and retrace some of the previous advance, as shown on the charts, follow by...
BINANCE:UNIUSD As you can see in the chart, Uniswap bottom at about $1.74 USD on November, it rallied to about $4.0 USD, and has been forming a High Base Pattern for about 10 days. And now it seems that it is about to break it to the upside. To confirm it, we need to close above $4.3 USD. www.freeonlinetradingeducation.com The tarde would be to get in now,...
COINBASE:XRPUSD As you can see, XRP is about to confirm an Inverse Head & Shoulders Pattern the XRP/USD pair. All it needs to do, is to close above $0.26 USD. Currently it is trading at $0.2616 USD. The Minimum Price Target would be $0.30 USD, which is calculated by adding the length of the Head of the Pattern to the Breakout Point. Here is the definition of...
BITSTAMP:BTCUSD Bitcoin rose in a 5-wave sequence since mid-March to mid-August, as seen in the chart, a move that I will call, Intermediate Wave 1, in Elliott Wave Terms. And now it seems like intermediate Wave 2 is underway. The pattern that it seems to be forming is an ABC Zigzag, elliottwave-forecast.com , of which we already seen Minor Wave A, and now it...
BINANCE:KAVAUSD Kava is bouncing at the $2 USD support level, near the 61.8% Fibonacci Retracement Level, MACD is just starting to give a buy signal, RSI is ticking higher. The previous decline from the $5.82 USD level was with decreasing volume, and this seems like a good place to go long. In Elliott Wave Terms, we had a 5-wave move to the upside, followed by...
BITSTAMP:BTCUSD As you can see in the chart, Bitcoin is making a Rising Wedge Pattern, which is bearish, meaning, when it ends, a big move down should follow. www.freeonlinetradingeducation.com However, it seems like it has another leg up before it ends. Some what I am expecting is a move to about $13,000 or so next week, follow by a big decline to $11,000 or...
BITSTAMP:BTCUSD As you can see in the chart, Bitcoin has broken an Ascending Triangle Pattern today, with the break of the $12,100 USD level on Bitcoin. www.freeonlinetradingeducation.com The target will de the $13,600 USD level, which is calculated by adding the length of the triangle to the breakout point. The highs of June of 2019 are at $13,900 USD. So,...
POLONIEX:XRPBTC As you can see on the chart, on a weekly basis, XRPBTC has broken out of a huge Falling Wedge, the last time that happened, back in March 2017, XRP climbed about 23.5 to 1 in terms of Bitcoins since the breakout, and about 60 to 1 in terms of U.S. dollars. In a period of about 55 days. I expect something similar could happen again. XRP broke...
COINBASE:ETHUSD As you can see in the chart, Ethereum just broke a mayor, mayor resistance, the February highs, which stands at about $290 USD. We made a Double Bottom, www.freeonlinetradingeducation.com , and now we broke out above the previous highs. This is huge, I think a powerful move has started in Ethereum, one that could last several weeks or months,...
BITSTAMP:BTCUSD Bitcoin started a Long-Term Bull Market on December 2018, after an 11-month Bear Market. It climbed from about $3,100 USD to about $13,900 USD, in a 5-wave structure, a move that I will call Intermediate Wave 1, that lasted about 7 months. After that, we had about a 9-month correction, from about $13,900 USD to about $3,900 USD, in a 3-wave...
COINBASE:XRPUSD As you can see on the chart, we just broke a mayor, mayor resistance, one that has held back XRP for almost 3 months, the 200 day moving average. This is a mayor, mayor break. This break could lead to a move to about $0.30 USD soon, maybe as soon as next week. Next mayor resistance would be $0.35 USD, the February highs. If we break that one,...
COINBASE:XRPUSD XRP made an important bottom with huge volume on March 13, 2020, at around $0.11 USD. From there it started a 5-wave move to the upside for about 48 days. Followed by a 3-wave decline to about $0.1688 USD, which lasted about 58 days. It declined a little below the 50% Fibonnaci Retracement which is common for Waves 2. What I would expect next is...
BITSTAMP:BTCUSD As you can see on the chart, there is a Possible Inverted Head and Shoulders Pattern on the hourly chart of Bitcoin. www.freeonlinetradingeducation.com It will need to break $9,300 USD to confirm it. If it does, the price target would be $9,800 USD. I hope you find this interesting. Good Luck to You
BITFINEX:XRPBTC As you can see in the chart, we have a huge Bullish Divergence on the RSI indicator on the daily chart, for the XRPBTC pair, where the price is going down while the indicator is going up, which is bullish. Not to mention we are kind of breaking out of a falling wedge also. Seems like this could finally be the bottom for XRP in terms of BTC. We...