Short term concept with regard to the small fractal that's possibly in play!
If Viagra doesn't work, then Cialis, if that doesn't work, then see Betty! Free content is always good, right? Well, this lacks "hopuim", but it sure is loaded with free content!!! Enjoy! Not financial advice! Cheers!
NOT financial advice...blah, blah, blah! This is an extended education from yesterday's post. As you can see, I am utilizing the channels in a very similar manner, which will help you further understand how I apply them! I am the CHANNEL KING!!! Looking for the median line to hold as support on any pullback, if it can't, then assume price will go lower to...
Not financial advice, just my opinion! Price has been decimated!!! It has struggled to even dip it's toe into the upper green channel! At this point, most people are having a hard time imagining that price will ever get into that zone, BUT it will! And, typically when you least expect it!!! Above the green zone, and price will begin it's journey to the end of the...
A little something that I've had my eye on for a time! Comparison from 1987 to the current correction with 1987 set at weekly time frame, while current is set at a monthly. Similarities are obvious! If you're holding crypto, and the trend continues, this would indicate that crypto could fall along with the broader markets yet again.... Stay safe!
Look carefully and come to your own conclusions! Have a great weekend!
If you have followed my work, then you know that, in the past and based upon my modified fib time zones, I posted a chart and mentioned the Week of March 9th was of interest to me! It didn't disappoint at all. Instead of producing a high, like the previous time zones, it has produced a new low bottom!!! At any rate, based upon the triangle, price has met the...
Could price go lower? Sure! But, as you can see we are near an inflection point! Price has finally touched the lower BB line, and it's been 25 months since we last touched the upper line! IMO, Monthly trumps Weekly and Weekly trumps Daily! An argument can be made that we could easily see +$.50 cents before sub $.10 cents again! Good Luck!
This count is a continuation of a long-term count that I've been watching. If price is currently digesting a wave 4, then expect wave 5 to create a new low with target provided! The market has options, and always decides, we are here to follow along and discern where it's going! Stay safe! Cheers!
I call this the power of "89"! Most people felt this coming, I saw it coming! Cheers!
My thoughts. Could it go lower? Yes. However, that deep low tagged a major support as I see it. Price would need to close below 10 cents.
First, I apologize for how cramped the chart looks, but it's necessary in order to display the comparison...Is the comparison still relevant? You decide! I believe that RSI strength needs to equal that of the RSI strength when price hit it's ATH (all time high). So, in this case, if we look at XRP's ATH price (Jan 2018), and mark the RSI at that time, we can see...
Just an observation! In 2017, price diverged from the OBV on a weekly time frame. Now, in 2020, the Montly is flashing the similar type of signal! The smart money IS accumulating!
My original chart was posted on Jan 13. I have modified this chart to reflect the price action since Jan 13th. Despite the fact that I have broken down each peak and valley into a 7, 11 & 5 wave sequence, I am NOT regarding this as Elliot Wave. Enjoy!