Hi Traders, BTC's accumulation period is exhausted, and is looking to move up. I've called this since the start of August when it broke the uptrend, please look at my linked post. The monthly level at 9950 is very strong, just take a look at how many times its been tested and held. Right now, the price is consolidated between the 9950 level and the downtrend...
Hi Traders, Theres just been a killing in the market, most altcoins down 5-10% in the matter of a 1H candle. Looking at this chart here, this dump looks planned by whales. As soon as the coin broke the confirmed uptrend, it just dumped 8% I bought in at 0.173 with the expectation of regaining the uptrend to hit the 4H hold at 0.196 I am not a financial...
Confirmed uptrend and downtrend on the 4H forming a wedge Once it breaks out on Sept 1st, it will touch around 2900 sats and gain the long-term uptrend. I've been buying on every touch of the uptrend, selling the top. Best entry for this trade is anywhere along the trendline.
I sound like a broken record saying this, but XRP is still on its local downtrend and won't move anywhere in price for the next few weeks. I thought it'd hold the 0.28 support, but I guess the whales dumped it to 0.26 to accumulate move before it moves up. If you are already invested in XRP, now is a great time to accumulate more. Looks like the market has...
Bitcoin just closed above the monthly 9950 Support and is holding it. If it breaks back down below this level its only temporary, we're in a bull market. The only thing holding Bitcoin back is this local downtrend stending from the local high. Price is being suppressed between the monthly 9950 level and the downtrend. In 2 weeks the price won't have anywhere to...
This dip was necessary for XRP's next move up. XRP has spiked up aggressively in price 2 times already, pumping up for the third. Both times the price has respected the trendlines on the way up, this time the whales have suppressed the price below the trend all the way down to the monthly. I know it sounds wrong saying this on a day we're down 12%, but now price...
We're looking at the 4H here of my long-term XRP wedge. All of my $XRP charts tie in together, this one being the product of price manipulation. Holding out and riding the bottom of the wedge wasn't good enough for the whales, they're crashing the price to .28 one last time before they swing the price up to $0.50-0.60. The .28 level is a weekly and has already...
The wedge we're looking at spans over 400 days starting on August 12th, 2018 and should breakout before September 28th, 2019. This month, August, we should just see XRP accumulating between 0.30-0.32. The Monthly chart confirms this, you can look at it for yourself. September is the month our lives will change. At this point, $XRP has accumulated enough to test...
Monthly Levels = White Weekly Levels = Purple It is known that Bitcoin moves in parabolic waves. First it accumulates for a little over a month, then it has a parabolic move up of around 60% before another accumulation. The 1st move in May was 54%, followed by a month accumulation before the next move in June that was a 69% gain. Now, were in the middle of the...
Bitcoin Dominance has just reached the same level as the start of December 2017, right before the altcoin season. If history repeats, we should see the exact same move by the end of the year. XRP is due for a breakout in Sept-Oct, just around the same time BTC dominance will tank. Coincidence? I don't think so.
This wedge we're looking at spans over a year, 518 days. Since May 2018, price has been consolidating. Yellow lines = 4H levels Red lines = daily levels Purple line = weekly level Now in May 2019 we see that aggressive spike up and test of the top of the wedge multiple, multiple times. Actually broke out of the wedge, then moved back in a day later. It dropped...
XRP broke it's uptrend and as expected touched the daily support at 3050 sats. Looking at the 4H chart here, if XRP closes above that daily level at 3050 we should see a test of the 3294 resistance. This falling knife out of the uptrend is over. Bears lost control over the market, Doji candle is the 1st confirmation, 2nd will be the 4H close above the daily....
Daily Level = Red Weekly Level = Purple I linked my previous XRP chart, please look at that if you haven't already. XRP/BTC just confirmed its longterm uptrend indicating a breakout in Sept-Oct, just like XRP. Coincidence they both breakout at the same time? We should see a quick test of that daily for a 86% gain, and the weekly level for a 36%er. Your XRP...
Weekly Levels = Purple Monthly Levels = White XRP moves a bit different than BTC, ETH, LTC, etc.. It is a coin that moves in silence and just when everyone thinks its dead, it has parabolic rises of over 1000% within a month or so. As you can see here on the Weekly XRP chart, the 1st wedge consolidated from April-Dec in 2017. Roughly 10 months. From there we...
It's pretty clear now that we're at the beginning of the next bull cycle. I drew an uptrend from the bottom of the market on December 15th, and so far its been respected. That hammer candle just nailed it in, 8 months later. (no pun intended) ETH looks like it will have 3 parabolic waves up to its current ATH. So at the time of writing, ETH looks like its...