MACD signal change within the past 4 hours into an expanding wedge for wave 3. Perspective based solely on trend analysis shows there is further room to run. Waiting for confirmation with a brownish colored candle. This stated, lower time frame charts show bullish engulfing candles, confirming short-term market movement upward to place buys.
XRP's downswing is coming to an end, forming what seems very familiar back in late April -0.33% -0.33% - early May 2017; the Symmetrical Triangle.
This chart follows 10-years-experience using Elliot Wave and Pattern Recognition Training to take a sneak peak to what is to come next. As Q4-17 comes to an end, news is also stacked and ready to be announced....
Here are 3 entry/exit plays for Stellar / BTC.
Currently, I have the first position open long.
Second will be to turn short after you close your Long position, and the 3rd, close the short and open a long to ride to 1k sats.
Hey there everyone.
With the October 12th Swell Conference coming up, it is very likely to see another spike in volume.
The 5201 Sell Wall on Poloniex is indicative of a certain volume level that is required in order to address demand. I would not expect a break in ranging until the crossover occurs. This stated, expect ranging to continue and volume to remain...
We had a Gartley Pattern Emerge during the hype today.
We are still on the bearish side. After a few Cup & Handle moves, we are starting to flatten.
It very-well looks as if we need at least 1 more good spike down in order to finally reset the trend.
This stated, the Adam & Eve move should be confirmed if Bitcoin creates a Triple Top and fails to exceed the...
With the start of the short term Adam and Eve trend change on XRP, watch BTC closely as it retraces. You are looking at a rough 50% trace down to the ballpark of ~$3000.
Let's just say, I have begun my Steem Powerdown waiting for this moment to funnel back into XRP.
Take note on the chart. Expectation is Buy & Hold, for a very.. very long time.
Adam and Eve Reversal is completed on the 15 minute chart.
Zoom out and look at the consolidation points since inception of Steem on Poloniex.
A Giant bowl with symmetry is born. Know what this means? Possible Cup & Handel formation.
After the ABC Correction, we look toward the 12345 Elliot Impulse.
Pendant is Formed Along the Mid-Term Bullish Divergence Line. I'm leaning Bullish on this one, due to the stability of the currency pair over the past month.
MACD is turning toward bullish movement as accumulation continues
On the ETH/USD Chart you can see after the multi-million-dollar sell off, triggering margin stops and liquidations, this dump leaves clues.
ETH is set to remain bearish for some time and looking to complete the ABC correction to reach the bottom of the Trending Bullish Channel.
Accumulation Zone: $211.77 - $164.13
We see the beginning of a cup and handle forming.
The important key is to look left. You will see a large volume increase before the half-cup retraced back down to test support again. Due to this volume support, the Cup and Handle is in play to form. As volume further increases, we can further verify this.
Following the breakout to Target 2 and toward Target...
As the consolidation continues - Ranging Creates amazing opportunities to Short and Long because of the ~5,000 point area that is mapping.
Tension is rising in the market, as you will see the Harmonic Waves becoming smaller; still maintaining similar structure.
Blue Boxes - 1st Box is Wave #4 which could potentially break-out. 2nd box is a second entry point...