GBPUSD is looking to give us one more correction before it's move up. Once it retests the trendline look for another buying opportunity. This should be a good trade for next week Tuesday.
There were 5 impulse Elliott waves since the end of March. At this moment a nice Cup&Handle was formed. This bullish pattern is enforced by Ichi Cloud state and rising volume. The price went above of BB, hence uptrend should continue. In order to earn profit accurately follow targets one by one. MACD (12,27), exponential and simple moving averages (10, 20, 30...
Personally, I am very bullish on Stellar on the long term, but due to the bitcoin value that has been decreasing over the past few weeks, Stellar has been decreasing with it. In my opinion, Stellar has 3 major supports, the first one already broke while the other two are still intact. For me, there is a high probability that Stellar will bounce between the 0.782...
Short video highlighting my opinion on XRP. I think .55 cent will get test, whichi aligns with a larger timeframe .886 fib level. Upside, I'm targeting .80-.85 cents with a slight pull back from this area before moving on up. Give a like and leave me a comment with your thoughts. Thanks
In a nutshell, I'm expected LTC to test $150 again before looking to new higher highs. I do think those are just around the corner, but thinking the big money might want to load up a little more on some cheap coin before moving on up. Anyway, I hope you enjoyed, give a like and leave a comment.
My opinion on XRP this afternoon... as the title mentions, I believe there is side downside potential, as I'm not seeing anything that says "to the mood", at least not yet. My expectation is we'll retest the lower .886 month fib (blackline on chart). And when price does start moving the .75 level is the first target area and then $1.00. If you enjoyed,...
So here is my daily update on LTC with my top down analysis on what I think it happening. I've identified two zones that I'm going to be watching for price action to move to, so that i may move forward when my plans for entering the market again (well add to my holdings). I hope you enjoyed the video, give a like and leave a comment with your thoughts.
Sunday afternoon update video. From my last video we see price action has moved down to test the monthly .886 fib retracement, which i had expected. The question as always is where will price being heading next. While we are getting a little bounce at the moment, i do think more downside is likely. Price will likely follow along with BTC for the time being....
Quick video and only one I'll be posting tonight and likely for the weekend. Anyway, my top down analysis of XRP and general opinion on price action. I am a long term holder for XRP, but do see more downside possible in the pair. Especially, if we see BTC start moving up. I believe we'll see a breakdown to the lower level demand zone from the daily!. Be...
Follow on to my last GNT video update and since then, price action has pulled ito the buy zone I was expecting to see price hit. All in all for me this is a great spot to add GNT to the hold. At the same time, while not text book, I'm seeing a double bottom play out and along term... i'm calling $.70 as the first target. I hope you enjoyed the video, if so...
Afternoon update on LTC from my perspective. Price action has bounced on the 200EMA at a daily level and the question is whether it would hold here and be the real level of support before price start to make a move to new highs. I guess we'll find out. I do highlight to lower areas that price action has the potential to reach if it breaks the 200EMA and the...
My take on XRP this afternoon. While it appears to be holding in the high .60 cent range, I do think a little more downside could be in store. I specially, the monthly .886 Fib Level. If that happens we will see a possible double bottom form. Not a fact just my opinion. Anyway, I hope you enjoyed... give a like and leave a comment.
Putting out a few quick videos tonight doing some basic measured move estimates and this is why i think BTC might be dipping to $5800-$6500 range. Now we'll just have to wait and see. Give a like and leave a comment with your thoughts.
Quick video to follow up on yesterday and an explanation of why I think this area could quite possibly be the next buy zone. At least for me it is. All about that dollar cost averaging into positions. I hope you enjoyed the video, give a like and leave a comment with your thoughts.
My update on BTC for the day; overall i'm bullish and foresee a consolidation of sorts the next few days before starting to see BTC start to move up. Of course , there is always the possibility of more downside, but I believe the areas of demand on BTC are stacking up, which will likely result in BTC springing out of it's current levels. I hope you enjoyed...
Quick update on XRP. Currently price action is playing around the $.75-80 cent range and I hoping this this is the zone we will launch from. However, I do think once we break $1.00 we'll see some heavy selling between it on $1.20 roughly, so if you are a long term XRP believe, don't get weak hands or you'll likely regret it. anyway, I hope you enjoyed, give a...