Everything about this is bullish (except the massive diagonal resistance) gann fan over 2/1 is bullish
A close up (1h) of a perfect chart for an attempt to break the massive diagonal resistance.
It’s been two years since I’ve made a crypto call, and this will be my first since. XRP is finally ready to do what the tens of thousands have been hoping for since it’s inception. Not financial advice, but here is one of the charts I’m looking at. XRP regained its price above the forever low support after breaking through recently. At top of descending channel...
Very interesting (May R/S) penny stock here. Working with Amazon during COVID. Risk level very high. I’m not buying at the moment, but chart suggests bullishness if you believe in this company.
Short time frame we have a double top that will likely hold on first touch to drop us down short term before likely coming back up to reach channel top. Medium term long. Not financial advice. Trade safe!
Longer term outlook on CADJPY on the monthly chart. Bounced off massive monthly support line, towards the low of the falling channel. Trade safely.
Feast or famine. Higher highs and lows from previous high. Retest of lower diagonal is possible, Monday will let us know which way she will go first.
On the positive side, diagonal trendline has been broken, but need confirmation yet on the "breakout". On the negative side, the breakout will need to get past the 2/1 gann fan level for me to open a long position.
Setting up nicely after bouncing off of diagonal support. Double bottom at diagonal. Likely another pullback before it continues north. Waiting for dip.
Self explanatory. Major diagonal support tested. Just my thoughts. Not financial advice.
More anecdotal, but adam and eve chart pattern and explosion of price follows. Dropped down to diagonal support, will be watching to see if it comes further down, but also buying incrementally at this level