Ascending rectangle(s) with 2 possible exit routes. The first one possibly in July. Watch it.
Falling wedge. First TP aound the 0,000024 mark. Will this funny coin finally start making some sense ? We'll see. Upon a successful up there move 0,000030 *may* become into reach.
This is a long term analysis based on Monthly timeframe . Mind that. While shorter term picture is mixed and shows a lot of uncertainty, we can spot some encouraging long term hints. From top to bottom: Candlestick chart shows price challenging long term resistance trendline, which should be considered trend reversal limit. That's a critical point for both...
We have a strong confluence of medium term moving averages within 185-200$. We also have a rather obvious symmetric triangle next close its apex, which may encompass an ascending triangle actually - not 100% sure. Those MAs under price should provide some degree of suppport, so i have to assume a slight bullish bias here. I wouldn't rely on bias alone though, ...
On the edge of channel. Time for bulls to wake up or things will get messy soon.
Price action stays range bound within MA200/W to MA100/W area. We have a sparse ascending triangle forming (bullish bias), but its upper bound ( around 7100/7200$) should be considered strong resistance given the confluence there of FIB retracement 0.5 and MA100/W. IF bulls manage to break through, 10500$ would come back into reach. On the contrary, if bears...
Entry so close to resistence is risky, so evaluate. Neverthless a potentially interesting setup if you nail the entry. Otherwise look for a resistance breakout. Highly speculative trade: XRP is a mad coin , so do your own diligence.
As on chart. Watch out for a breakout. manadatory stop under support.
Have some patience and wait for the next BLUE dot. Mind the fact that's a Log chart.
We have a Pivotal area ROUGHLY within FIB 0.618 ( 5880$) and FIB 0.5 (5490$): that's likely to determine the future of short term trend. There's little bias on the outcome so far, hence i'll propose here both a bulls and a bears case. The BULLs Case There's a quite stretched falling wedge (yellow) awaiting to be confirmed and price is moving towards a...
It's not a / pennant, it's a symmetrical triangle. Slight bias upwards, due to oscillators state. Not much meaningful, considering declining volume. Rule is always the same: watch for breakout, look for volume on a low TF as a confirmation. Likely to move within 24/48H. Act accordingly and use caution.
Bulls are trying to achieve a substantial bounce through an ascending triangle and a channel. MACD diverging. High resistance is expected up to the 6000$ mark. That's where bears are likely to strike back. Risk management: if you're in already Keep a trailing Stop -OR- set SL under support ( lower bound of fuchsia channel / triangle ). Don't play without a safety...
Diamonds. The most troublesome, errating and betraying patterns you'll ever stumble upon by doing AT. Watch out folks, play your move and deploy a safety net. We're about to roll.
Only 3 times in about 10 years Chaikin Money Flow broke down -0.30 upon a single impulse on daily TF. December 3, 2011: CMF = -0.42 January 15, 2015: CMF = -0.41 March 12, 2020 : CMF = -0.36 First 2 basically marked a trend reversal. Awaiting outcome of the third one.
Bulls struggle to overcome the identified resistance box, whose upper bound is around the 10350$ mark ( close to limit of Weekly BB as well ). A dip in the 9100-8400 $ short term support range may prove healthy and allow for an inverted Head & Shoulders targeting 14.000$ area within a few weeks. This is a follow-up to: Scenario: we have 4 rising MAs (...
TD count = 8 on weekly, already overbought on weekly TF. Yet Bulls DO have a clear opportunity here: just check back on left ... In order to succeed here bulls should achieve a STRONG breakout of weekly upper BB (see below) on volume. Be aware of both risk and opportunity here, either way a strong price swing is expected and you can't afford being caught off...