Bearish divergence, break of parabolic trend on DXY, retested and rejected for now
XRPUSD has now printed bullish engulfing patterns on the daily (today) AND the weekly (Sunday). Could be an outrageous two weeks if it confirms by EOD tomorrow!
KRMD with a TON of divergence on mid and long time frames.
Looks like we might’ve just confirmed the long term important $0.50 level as support on the 4H. We’ll see how it plays out, but looks like a pretty straight shot from here to $0.65 now that we’ve pulled back from $0.55. Also, looking like we’re about to close with a bullish engulfing pattern on the weekly, so could be further confirmation that good times are...
Looks like XRP completed the iH&S way quicker than expected! Upside target appears to have already been reached as it closed the distance between the head and neckline. But we now have a new test today on the daily. Now the question is: can it hold above the blue line, and then tomorrow hold it as support? Huge change of trend if so! As always, we will wait and...
If XRPUSD can close today’s candle at or above $0.34 - $0.35, that would appear to be a confirmation of the long building iH&S! The rest of today will be big for how it plays out. Let’s see what happens. Onward!
Looks like if we close above $14 today LINK might have just beautifully turned long term resistance to support. Could be a pleasant week or two ahead for the army. Onward!