Raul_Dominguez

Raul_Dominguez Updated 

BITSTAMP:XRPUSD There is a small falling wedge on XRP, with a price target of $0.28492, so maybe it could bounce up during the weekend. The longer Elliott Wave Count that I posted earlier remains bearish, but be aware of a potential bounce. As there is a positive MACD divergence on the 4-hour chart. Good Luck to You

Raul_Dominguez Updated 

BITSTAMP:BTCUSD To me, the recent $3,000 USD rally on Bitcoin on Friday and Saturday of this week could be a Bull Trap. Yes, it is true that we rally strong with big volume form oversold levels, but we are missing follow through, we are already down $1,200 USD from previous highs, and we failed to take out critical resistance of $11,00 USD. If we go above...

Raul_Dominguez Updated 

COINBASE:ETHUSD Here is my Elliott Wave Count on the Ethereum-USD pair. As you can see, on December of last year we started a new Bull Market on Ethereum from about $81 USD to about $364 USD, and that was in a 5-wave sequence which is bullish. Label Intermediate Wave 1. After that we initiated a deep Intermediate Wave 2 correction to correct the previous wave,...

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BITTREX:RVNUSD As you can see in the chart, Raven Coin has resumes it’s uptrend in a big way this week, climbing above the previous three weeks highs after a prolong decline. Also the MACD indicator is about to give us a buy signal in the weekly chart which is very bullish. Raven Coin is no small project, it is the top 35 coin in CoinMarket Cap, with a...

Raul_Dominguez

BITSTAMP:BTCUSD We just broke a descending triangle last week to the downside with huge volume, and so far, the bounce from last week lows has been week and with little volume, meaning it was not a fake breakdown or anything like it. The price target form that triangle break formation is $4,800 USD, which is calculated if you subtract the hight of the triangle...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD XRP just had a huge spike up with great volume, the type of move not seen since may, all Altcoins in general are doing very well, but this one is outperforming everyone else bigtime, the new alt-season is certainly upon us, and the questions is which one is going to climb higher and faster. It all seems like the bottom is in on XRP at $0.2250...

Raul_Dominguez Updated 

BITFINEX:EOSUSD As you can see in the chart, we just broke out of a falling wedge pattern in a powerful way with a 28% move up from the lows of about $3 USD. We also have a bullish divergence on the MACD where the MACD is going up while the price was going down, which is very bullish. And this move came at exactly the 78.6% Fibonacci retracement from the...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD XRP lost its mayor critical support at $0.28 USD, that was a mayor, mayor support, so all hope is lost. No mayor rally in sight maybe until December. Definitely not in August or September. It needed to hold $0.28 USD for that. We will probably continue to slide down the next couple of months, with a few sharp bounces until maybe $0.20 USD, $0.18...

Raul_Dominguez Updated 

COINBASE:ETHUSD We are currently on a Bear Market in Ethereum, we just bounce from $168.88 USD to $178.44 USD, the hourly stochastics is back to overbought levels, and we may have just finished a wave 2 in Elliott Wave Terms in a very small-time frame. Also, BTCUSD is very close to $11,000 USD a big important resistance, so this may just look like a great place...

Raul_Dominguez Updated 

COINBASE:ETHUSD We seem to be close to have a short term bounce on Ethereum, a bounce of a couple of days, perhaps, with a price target of $240 USD. We seem to be completed or very close to complete a 5 waves down structure, after that I’ll be expected a 3 wave bounce to the most common retracement, which is the 38.2% Fibonacci retracement, which lies around...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD Here is my Elliott Wave Count on XRP, I´m short term bearish, long term bullish. It seems like it still has way to go down, it is not bouncing from supports level, not even when Bitcoin is rallying, and it is still declining in terms of satochis, it seems like it could still decline to about 0.00002 satochis. The 22 cents is calculated by...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD We just retrace a little bit above the 38.2% Fibonacci Retracement (located at $9,800 USD) from the entire Bull Run since the December 2018 low on Bitcoin, we pierce the psychological level of $10,000 USD, and we made the minimum retracement required to correct the previous move. If the $9,600 level that we hit today does not hold, the next...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD XRP has been climbing very strong on heavy volume over the last 6 hours, around 20%. Previously it had been declining for over a year and a halve, and this is the strongest rally we have since September of 2018, so odds are pretty big that this is the start of a mayor rally. In terms of my Long Term Elliott Wave Count, , this could be the start...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD This is my Mid-Term Elliott Wave Analysis on Bitcoin, in which we are currently tracing a 5-wave impulse higher from the lows of around $3,100 USD per Bitcoin. From which we had already trace Minor Waves 1,2,3,4 and we are currently tracing Wave 5 of that impulse wave. Within Minor Wave 5, it seems we had already trace Minute Wave 1 and 2, and...

Raul_Dominguez Updated 

POLONIEX:XRPUSD This is my long term Elliott Wave Count on Ripple, I believe we are currently forming primary wave 4th on XRP (Ripple), which started early January of 2018, it could still be a couple of months before we finish primary wave 4th and start primary wave 5th. The target of primary wave 4th on XRP should be the area of wave 4th of one lesser degree,...

Raul_Dominguez Updated 

BINANCE:BTTUSDT As you can see on the chart, Bittorrent is inside a very nice and bullish falling wedge. It still need to break above the upper trend line to confirm it, but it is making a very nice bullish candlestick today. Also the MACD indicator just turned bullish today. On the fundamental side, on may 11, 2019, just 3 days from today, it is going to have...

Raul_Dominguez

BITSTAMP:BTCUSD A typically level of support or resistance is general the 38.2% Fibonacci Retracement Level, which in this case, if we take out the entire Bitcoin Bear Market, is the $9,457 dollar level per Bitcoin. Given the powerful uptrend we have right now, I will be expecting this level to be reach between 1 and 3 weeks, after that I will be expecting...

Raul_Dominguez Updated 

BINANCE:AIONUSD AION has broken its downtrend from August of last year just a month and a halve ago, has been basing sideways for about 4 months now, and now it is spiking higher with big volume. Just 5 days ago it had a big spike with volume, the MACD has a big positive divergence and it just cross the cero line. It all just seems good, and I’m looking for...