WAITING FOR NECKLINE TO BREAK FOR PATTERN CONFIRMATION TARGET : 8200$-8400 $ DISCLAIMER : THIS IS NOT A TRADING ADVICE
LOOKS LIKE A TEXTBOOK H&S PATTERN ! ONCE NECKLINE IS BROKEN AROUND 7400 $ - 7500 $ SELL PRESSURE WOULD ACCELERATE DISCLAIMER: THIS IS JUST AN IDEA AND DEFINITELY NOT A TRADING ADVICE !.. PLEASE TRADE AT YOUR OWN RISK.
2017 --> 5k-20k mania fractal applied ! TARGET : 200 DAILY MOVING AVERAGE SHOULD ACT AS A STRONG SUPPORT (4500$-5000$).. ALTHOUGH AN HOURLY PANICK WICK BELOW THAT LEVEL IS VERY POSSIBLE.. DISCLAIMER: THIS IS NOT A TRADONG ADVISE..TRADE AT YOUR OWN RISK.
forming a cup and handle which is a reversal pattern. Note that the handle range is subjective and can form as low as 4200 $ once the cup and handle breaks above the target is equal to the cup hight which sets it around 7900$ level
SHORT TERM BOUNCE OF WEEKLY 200 MA +- 10-15% REMEMBER WE HAD A GAP TO CLOSE AROUND 1300$ LEVELS .. THIS MIGHT BE JUST THE BEGINNING
Low volatility signalign the current lower accumulation phase near to end .. moving into higher level of accumulation before reaching ATH !
Q4 Moving Averages crossover and flatten---> get ready for phase 2 accumulation ! "The rearview mirror is always clearer than the windshield” ~ Warren Buffet
So far XRP following LTC fractal from 2014 nicely..a possible nose dive with ETH and some other alts in the coming weeks..
Charting 101..Breaking symmetrical triangle upward with a target at previous high..
Triple AAPL bottom fractal reversal applied...
XMR one more dive with some other alts ,accumulate ..and we are all set to go ...
2014-2015 fractal Applied..And it looks like Dash already bottom..
2014-2015 fractal Applied..And it looks like DOGE already bottomed..
Bulls make money, bears make money, pigs get slaughtered..keep on piling the shorts !!..Season 2 This Winter !
I know everybody waiting below 6k for cheap btc -1.49% ..but I guess they will end up fomo buying above 10k !