roelxyz

roelxyz

Bitcoin (BTC) is possibly forming a Head & Shoulders which will effectively take it down to as low as $40,000... Most likely this strong, psychological level will function as strong support, catapulting the price back to and possibly beyond the ATH. Let's see how this plays out. No financial advice. DYOR.

roelxyz

ADA's price is following this pitchfork's path on the logarithmic chart, perfectly. Where it's headed to? I have no idea... But the pitchfork's channels definitely should provide some sort of guidance... * DYOR! * No trading advice

roelxyz

BTC bouncing in the green box (IF it goes that low!) will potentially mark the start of a significant alt-rally... This theory is based on previous market cycles, where alts tent to rally when BTC corrects sharply and the overall trend is still bullish. No financial advice. DYOR..!! Good luck trading!

roelxyz Updated 

I discovered the below possible fractal pattern found in Jun-Sep 2017 as well as in Jan-Feb 2021... Could be nothing but looks pretty similar.... Let's see how this will play out. No financial advice.

roelxyz

Which channel will we follow? I see these two short-term possibilities... Any one any other ideas? * No trading advice *

roelxyz

XTZ has been trading right above its long-term rising support line: its main support (base) of the Fibonacci channel that I drew on the chart. Will this important level hold so XTZ can continue its slow but certain rise upwards? Or will it break down out of this established trend? It already penetrated the bottom of the channel a few days ago but moved right back...

roelxyz

If XRP just completed it's second wave in the Elliot five waves cycle, we *might* see a bull run (wave 3) in the next 7 days or so... Wave 2 could in fact be valid since it retraced about 98% - In most cases, wave 2 will retrace to about the .618 level (61.8%), but it's perfectly fine if it retraces all this way, as long as it doesn't retrace more than 100%....

roelxyz Updated 

To everybody hoping XRP will pump any minute/hour/day (like myself), please be aware of a possible Head & Shoulders that recently developed on the charts.... I'm not sure that it will play out, at all, I'm just saying: be aware of a possible next (and hopefully final) leg down to retest our local bottom of around .4400 to .4500. Whether or not we'll see this H&S...

roelxyz

I noticed this clear upward channel that Bitcoin seems to be respecting quite needly ever since its March lows. If momentum doesn't die on us, it should be able to remain within the channel and start moving up again by the end of the month or early September. Let's see how this works out.