Looking at the monthly chart, we can clearly see the two strong bottom formations creating higher lows. This is a monthly chart and has been in a downtrend since 2017. A close above the $130 level by 2021 would indicate a beautiful pattern that should take us up to test the all time highs. Volume is already picking up in the last 2 months as you can see...
If you have been following my past posts, you see that the candles just so happen to exactly mimic the copy/paste of the previous wave. Hopefully it continues to consolidate in this range and we get that nice breakout by Friday-Saturday!
Trade it if you will, but looking at a repeat of last cycle. OXT is a relatively small cap coin listed on large exchanges. Price moves and swings up/down like this are highly expected. Volatility is low right now and this should be viewed as a buying opportunity before the next leg up.
Just thought I would post my thoughts on Kyber Network. This isn't one of the most popular coins, however seeing the recent state of the traditional markets I am thinking it is best to at least buy a share of a decentralized exchange that cannot be shut down. Also, the chart setup looks pretty nice as well ;) enjoy! Leave your thoughts in the comments and leave a...
Hello all!
Today I am posting my first TradingView analysis and of course it will be for one of my favorites, XRP! I am a huge believer in XRP and feel as though it is a good investment long term. HOWEVER! I am a trader as well and do not believe in buying into something just because of it's fundamental value, especially if the price does not correlate. That...
