ALL IN THE CHART. A SERIES OF BEARFLAGS WITH THE SAME LENGTH OF POLES. ONLY WATCH FOR THE BREAKDOWN THATS BEEN TESTED SEVERAL TIME NOW WITHOUT BEING VIOLATED. I THINK IT WILL GET THERE. GOOD LUCK
We are seeing lots of reversals across the board with doji candles making it seem like the crypto market is suddenly about to turn all around and go back up. Be veeeeery careful of bull trappers. They are the real pros and their goal is to make you panic, buy high and sell low. This is a very clear bear market and it will not just come to a screeching halt. ...
Hi Guys, If you review my previous idea "Ripple (XRP) will NOT be completing a H&S pattern which quickly made me eat those words when the market erratically started falling, you will see the clear completion of the H&S pattern targeting $0.92. Reviewing the chart again on the 4h scale, we can see what could be a bear flag only to be confirmed as a bearflag as a...
Take a look at this chart where you would think a very clear H&S pattern is completing BUT, the last few bear candles are showing good pullback to the upside and the MACD is about to turn bullish. 20EMA acting as support AND the 50EMA crossed back over the 100EMA. What do you guys think?
Take a look at the 4H chart showing what could have been a H&S pattern sending ETH down BUT, notice how: 1)he last few bear candles are retracing and 2) how MACD is turning bullish and 3) how the 20EMA is acting as support and 4) how 50EMA just crossed OVER the 100EMA We should be going UP UP UP. What do you think?
Take a look at the 4H chart showing what could have been a H&S pattern sending XRP down BUT, notice how: 1)he last few bear candles are retracing and we now have a nice green one forming and 2) how MACD is turning bullish and 3) how the 20EMA is acting as support and 4) how 50EMA just crossed OVER the 100EMA Just like my IDEA on ETHERIUM, RIPPLE should be...
QUICK SHORT OPPORTUNITY BEFORE WE GO BACK UP
BTC HEAD AND SHOULDERS PATTERN SEEMS TO HAVE JUST COMPLETED OR CLOSE TO COMPLETION WITH THE MACD GOING INTO BEAR MODE. WHAT DO YOU THINK?
Taking a look at the 4h chart, a nice symmetrical triangle formation of consolidation with a bullish upward breakout is expected to test the next resistance level at $1.12 and the 200EMA. A break out above 200EMA should take us to test the next resistance level at almost $1.40
Nice inverted head and shoulders pattern forming where after 2nd shoulder pattern is complete, target should be 12-13K. If i am right, then the bottom of the 2nd shoulder should be the top of the current top downtrend line (dashed lines). The distance from the neck to the inverted head will lead us to the target after right shoulder is complete. I know its...
We can clearly see a left shoulder and head and half of the right shoulder with the 50 EMA acting as resistance. if the pattern completes, we will go down to between 6-7K
AFTER BREAKING ABOVE THE LONG TERM DOWNTREND, WE CAN CLEARLY SEE A MODEST UPWARDS CHANNEL TREND THAT COULD HAVE BEEN INTERPRETED AS A SMALL HEAD AND NECK PATTERN BUT SEEMS NOT TO BE THE CASE NOW. I THINK ITS IMPORTANT TO LOOK AT A SHORT TIME SCALE NOW (THE 15 MINUTE CHART IN THIS CASE) AS EVERYONE LOOKING AT XRP RIGHT NOW KNOWS ITS AT CRITICAL LEVELS AND...
What do you guys think. Any merit to what I see? If it is an inverted head and shoulders then it should go up to where you see my vertical line goes... thoughts / comments welcome and appreciated.
We can clearly see a reversal happening. is it short term or long? We will have to wait and see but this is good anyway you look at it if you are long. Lets hope that all those buy orders to the south will soon be cancelled and moved up. FOMO is a powerful thing.
Cautiously optimistic. 4hr bull candle holding well so far. MACD is showing start of reversal on most coins. RSI is looking good. This may be good guys ...
We just broke the .382 retrace and are still above the downtrend line. XRP will hopefully continue on up. MACD is in bull mode and we are in very safe territory on RSI. This is good news for holders and those looking to get in. Comments are always appreciated.
XRP seems to have broken the latest downtrend. I am looking for it to break above the highest down trend line and more importantly above the highest uptrend line for a good confirmation of a strong rebound.
Only my thoughts: Take a look at these 4 things: 1- we are above the downward trend line that started when we hit the All Time High. 2- We are at the bottom of the iside of the ICH.Cloud on the 4h chart. 3- RSI is low on the 4h chart. 4- Fib retrace at about 50% and a previous strong support. If I am right, XRP should rise as soon as we see the MACD crossover...