alexcrypto

alexcrypto

Indicators are showing a bearish divergence on the 4hr Chart, on the Daily chart we can see very early stages of divergence. From here we could see a retest of the 5400 area, or a bounce back to the 6000 level after the BGold fork. Neutral at the moment. Not enough data for a positive trade. I recommend to stay on the sideline and watch at the moment.

alexcrypto Updated 

As per the chart a very high Reward to Risk ratio for this trade. Trade safely.

alexcrypto

Depending on the volume uptick in the following hours the falling wedge pattern could be validated. At the moment 60% chance to break on the upside, could increase to 70% with an increase in volume. Entry at the next touch on the support line of the wedge and TP around 5725 A safe stop at around 5570 for around a 4 to 1 risk reward ratio Trade Safe.

alexcrypto

Trade Active Refer to previously published idea

alexcrypto Updated 

Depending on how low it will fall, is likely the probable earnings from a short can range between 5%(TP1) to 9% (TP2) Wait for close on the 1hr chart outside the wedge as a confirmation. The most likely scenario at the moment is retracement to the TP1 0.5 fibonacci at 5408 USD. We might start to bounce to higher from there. The other (unlikely) target is down...

alexcrypto

Now is more clear the formation of a rising wedge on the 15m chart On the 4hr chart MACD just crossed. Short for the day until an improbable bullish turn appears.

alexcrypto

Seems like we bounced off for the 3rd time on the descending trendline of the huge triangle. From yesterday's descending wedge, we have formed a flag. If it breaks on the side of the descending trendline above 4010 at the moment we will start a bull run.

alexcrypto

If we cross the kinjun-sen, and we enter the kumo with a bearsih Chinkou span, we will be in a confirmed Bear period for Bitcoin. We have few days to see which direction it will take but at the moment looks like we are heading that way.

alexcrypto

Horizontal channel, we have to break resistance or support to see the next short term direction.

alexcrypto

BTC showing nice reversal signals on the 15M chart, also the 30M looks promising. We are above the Kumo and the bullish lagging line, RSI, and oscillators are confirming the start of the reversal. Resistance levels at 2450, 2510, 2600, if broken confimed a long trend to test the 2700 level again

alexcrypto

An update for the XRP situation. There is BB squeeze and multiple stoch RSI signals that and inversion trend is imminent. Expecting a sharp rise soon as we are reaching the converging ends of the wedge

alexcrypto

Good entry @ 10k Profit Taking @ 11k Stop Loss @9.5k

alexcrypto

Nice broadening wedge formation with bullish short term trend Best entry around 2100 / 2200 then developing to high 2500's for profit take

alexcrypto

XRP broke the rectangle with a bullish exit. Will be a bumpy way up after so much accumulation but the wait was well worth it. Good entry once trend will be confirmed also by the crossing above the bearish kumo. Also good news abot keeping 55millions of XRP in escrow for a phased released in the market is a genuine boost to the solidity of the investment.

alexcrypto

Rising wedge formation, price could drop down to resistance of 2530 or if breaking it even more. Oversold condition in Stoch RSI, confirmation from Ichimoku cloud twist and resitance line.

alexcrypto

Almost a perfect bullish rectangle has formed. Depending on BTCUSD price, will take a long position.

alexcrypto

Rising wedge forming and oversold condition shown on stoch RSI, short term decline in price, long term still bullish.

alexcrypto

We entered the cloud, stormy ups and down in the cloud until a definite pull to the other side. Short term expecting first pullback just before 11k then down to around 10700 or 10500 then up again until a definite trend is shown on the other side of the bearish kumo