Hi dear traders and community, it could be just a dreaming scheme for XRP but having a look on the BIG MONTHLY time frame, the repeating patter could arise again for the third time. In my view XRP is under evaluated with respect to BTC and other altcoins, in addition it has no electricity cost like BTC. In the log chart you could see the possible TP targets:...
Dear traders, there's a big opportunity on the weekly chart of XRPBTC. A possible breakout on the bearish trendline is very close. I'd rather wait for a following correction before entering a long. Let's see how it follows. Next TP targets are: 3822 sat, 10000 sat and 17000! thanks for your comments and likes ;-) Discalmer ------------- Don't take it as...
Dear traders, it seems that ALT seasons is a breakout of 1200 of XLMBTC seems to be on course. If confirmed, possible FIB retracement will show big potential gain on the following levels: - 1532, 2040, 2881 and then for HOLDERS --> 4488 -->5823. Discalmer ------------- Don't take it as financial advise! Stay safe and trade carefully with stop loss and good...
Dear traders, the ranging box has been extending for a while, that is good for more accumulation before the next wave up. Here the updated idea the target levels for a first and second target of TP. I personally stay bullish at the moment. thanks for your comments ;-) Discalmer ------------- Don't take it as financial advise! Stay safe and trade carefully...
Dear traders, I guess anyone seen a double bottom pattern on XAUUSD daily chart. Clear reversal is confirmed. If the price breaks 1760 a first TP is around 1780-1790 and in case of the break of the bearish resistance trendline it will fly over 1800. thanks in advance for your observations. ------- Disclamer: this is just a personal view, not a financial...
Dear traders, here an idea on the next bullish wave of ADAUSD. If the price break the upper bound of the range at 1.49, it will probably follow up to 1.98-2 and then to 2.70 roughly. This comes from repeating a previous pattern driven by FOMO. thanks for your comments ;-) Discalmer ------------- This represents a personal idea to share with you. Don't take...
Dear traders, this is just an idea by looking at the widening wedge on the log scale. It seems that the ranging phase is about to end, then a new bull wave will explode up to the 0.9$ level and then around 3-4$. It maybe too optimistic but in the crypto world nothing is taken for granted. Let's see if the price breaks the upper bound. -------- Discalmer: This...
Dear traders, I've just spotted an ascending broadening wedge pattern for this coin where the price reached a bifurcation point. A break below 500$ will be followed by a downtrend. On the contrary a strong green bar is a flag for an up-trend to 1000. This second option is more likely in my view. This is just an idea I'd liked to share. Not a financial...
Dear traders, Looking at the horizontal phase of XLM, we could be waiting for a strong break over the upper bound of the price range to enter with a new LONG. Thanks for watching! This is just a idea to share, not a financial advisor.
If the today candle close over the support at 53k and the next daily candle will confirm this bounce on the trend support, BITSTAMP:BTCUSD is likely to follow the bullish trend up to 69k by the end of the month. Otherwise, a bearish break down the 53k will not be a good sign. Let's be cautious.
Goodmorning everyone, today I wanted to share an inverted H&S pattern for OANDA:XAUUSD located in the 4h chart. Unless abrupt movements will be caused by important news, an upcoming break up of the 1738 level could lead to a first res level around 1763, which later could reach 1780-1790 where it will find another resistance of the long downtrend. thanks for...
Hi All traders, I'd like to share this brief idea. Since the daily pinbar, it seems that the trend keeps going down. We could try a fast short with TP around the next support at 0.96, or to be more safe wait for another buy, but pay attention that the down trend could continue below. Thanks for you comments and opinions.
Hello to all traders and community! Today, I'd like to share this bullish pattern in the daily chart. It seems that bullish trend is restarted after a short break with the bullish pin bar 1D. Besides possible breaking news and, if the technical scheme remains that of the past month, BTC is likely to reach 70k by the end of this month. Thanks in advance for your...