Tievha

Hey guys, while Bitcoin is showing some lifesigns, Ripple is bobing at the 30 cents border. To be honest, this chart gives more probability for going down than going up. We are developing a huge descending triangle. This pattern is known as a correction pattern, leading to more downside movement. Only if we break the last high market with a green arrow and...

Downside target is around 0.15

Hey guys, interesting formation for this week. I keep an eye on this huge triangle formation on daily timeframe. There is a good opportunity to get into the market before we see some accelerating pricemovement to the upside. We saw the three points of contacts at the resistance area. After that often follows a strong countermovement. If this countermovement stops...

Hey guys, short update for the Bitcoin chart. Bitcoin broke out of the triangle to accelerate its pricemovement in the direction of the previous support/resistance zone at around 6000 USD. From there on, we will see some struggeling with a high probability of a sell off. Take care of your money, we will see this pump and dump scenarios over the whole summer, at...

Push forwards to the marked zone

Ripple push forwards

Hey guys, short update for BTCUSD. It seems to form a nice C-wave in the ABC correction pattern. The 4h candle is looking good, saw a long wick which means strenght. But be patient, we have to wait until the close of that candle in 1 h. After that, the way is free at least to the green marked line, to test the previous high. If we can break this resistance...

We see now a retest of the triangle. There is also one more downmove possible, to the bottom of the falling wedge. It could build a reversal from there, supported by the fibonacci extension.

As long as we stay above the marked red horizontal line, there is still potential for a reversing falling wedge. Keep in mind, when we break above the marked green horizontal line, there is space for some upmove at least untill the falling trendline. There is also one more downmove possible, as long as we do not break below the marked red line. If we break that...

watch out these levels for short opportunities

watch out for long

down move after bearflag

Corrective move forewards. Will put my stop to entry, if we see the first impulse wave.

Huge pennant, this is a trend continuation pattern. Long if we see the breakout. Good luck.

long

We stung perfectly into the marked zone. Here we are looking for some longconfirmations. Update soon

Huge downpotential! small upmove possible.

short