taking an ambitious short on $XRPBTC cause:
-2 bearish 1H OBs holding. possible retest of lower range.
-recent S to R flip at 7118
-bearish inverted HVF structure
-potential bearish inv. cup and handle structure
-possible retrace of the upmove to the .705 OTE
Thursday 9am GMT+8 asia time. i see this as a possibility:breakout 'continuation' into a bearish OB, which creates a S.F.P., which would subsequently retest and break the 4H range low, break that, and find support on the next lower 4H breaker EQ.
Sharing a new piece of TA: the chuvashov fork
References to: www.mql5.com
my take is as follows:
Step 1: find price in a primary uptrend and mark it with a trend-line. marked out here is the uptrend following hourly candle closes.
Step 2: on the break of the primary uptrend, observe for a...
$STRAT: easy no nonsense buy.
After the huge raise in 2017 and a strong downtrend, this token crawled out past the blue downtrend line, making its first 'wave' up.
On the smaller timeframes people might be losing hope but zooming out we see this sitting nicely on the 0.786 retracement level (one below the .618).
Its a must buy here for me, as continuation of...
just gonna record a CRAZY forecast here: shitty reward ratio imo but just in case it happens $WAVES
huge move that has compressed for an extreme period looking for an explosive move over the next year from the current 0.0007 to top out at the 0.003 regions.
Buy now. Stake. And come back in March 2019.
not in the marked buy zone but seems to be holding on the 8 hourly guppy readings
will give this a shot for a long hold (at least till the 8 hourly confirms some support becoming resistance-i.e. bearish) due to the strong FA
noticing that after a break of a falling wedge and cup and handle, it over-performed the geometric pattern and was reject in the 38.2 region of the overall fib.
Will be applying the same logic to the prior analyses looking for similar price action in alts.
>Price consolidation on rising OBV into ascending triangle (likely bullish breakout)
>Accumulation volume seen on volume profile
>Fib resistances as charted
>TLDR one liner: strong China POS platform coin relatively newer than NEO
>heavy consolidation and accumulation
>adam and eve reversal pattern formed
>brokeout and now retracing on a market-wide red day due to BTC volatility
>TLDR one liner: good relatively new platform POS coin not yet extremely well recognized
>strong small team with regular updates
>Falling wedge with strong accumulation visible on volume
>Resistance zones as mapped
>Geometric target would be the 2nd red box
>Lack of sell volume in the higher region (for now) suggests possibility of exceeding geometric targets
>TLDR one liner: Genesis Vision is the platform for the private trust management market, built on Blockchain technology...