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I have been looking at the XRP(Ripple) and BTC (Bitcoin) pair and I found there was a good breakout of small triangle #1 and there is another possible for triangle #2 breakout. When this happen it might go either of way. If it goes bullish book your profit at 0.000167586 BTC and if it goes bearish you might go till 0.00067410 BTC
Currently the price action of EMC2 is trying to set it's support zone at 0.236 Fibonacci level. However there has been a triangle pattern forming from last 30 days and now it is going to breakout within few days. The breakout can be at any direction . Watch out for the proper candle and confirmation to start trading. If you are going for LONG position after ...
There is a possibility for having same pattern like in history of SBD. Currently it is right time to buy at Fibo level 0.382 . But put your stop loss at 0.236 Fibonacci level. If the price of SBD take a surge it will go for the last high point . You can take profit at 0.786 fibonacci level which would be pretty safe . If you want to hold then its upon your choice.
I have been looking at the GAS/BTC in poloniex and it has just crossed the 0.236 Fibo level and what i think is it might make a double bottom pattern at 0.00131140 BTC level. Once we get there it is a good sign of buying GAS .
I just found that there is going to be a head and shoulder pattern and buyer can wait for small profit from this pattern. It has a support on 12980 and the resistance on the 16510 where you can do a short for the bitcoin.
Just my view.
Well , according to the past data of VTC/BTC there is some regular double bottom pattern and the sine wave is currently in a resisting zone. Once it crosses I guess it will follow new pattern.