If we were to deviate 1300+% from the 200-day moving average equivalent to 2018"s deviation after breaking from it's formation, we would be looking at a $14+ XRP within months. Food for thought.
Hey guys, look at this massive formation from the XRP chart... Very low on the RSI, this looks very bullish to me. I outlined two paths, the first one is a fake to the downside springing XRP up or we could simply go with the classic consolidation near the top of the formation for a break. The other two breaks were similar in formation but no where near as large as...
Hey guys just a quick update on my macro predictions "X" marks the spot. This is my first target if it manages to get passed it then my next target is 130K look at my other posts to see that chart. I don't trade BTC just altcoins but I chart it to see where we are in the cycle. Best of luck! Like and comment down below.
Just an idea put together from previous trends, not going to take this to the bank but I thought I would share what I'm looking for. If we continue the uptrend I think this is what it'll look like. We have a sideways channel, we then break above the channel for a bull trap, break below for a bear trap and then a break to the upside. We have done this a couple...
Hey everyone JT here... Here we are atlas, battling the ATH's and validating the bulls rally cry that WE ARE NOT IN A BEAR MARKET... So what next? Here is a chart I have assembled with two historical fractals to paint a picture of how I think the next few months will play out. I believe there will be consolidation near ATH where we will see 20% swings up and...
Hey everyone! quick update, I believe we have a classic bull flag formed setting us up to test the 59.5k region that everyone is eagerly waiting for. Will we get rejected? will we bust through? who knows just an update still overall bullish in the long-term. Have a good one! Like if you agree & Comment your ideas!
Hey guys JT here just wanted to do a BTC update and go through some of my thoughts on where we might be heading. When looking at the Bitcoin Logarithmic Growth Curve chart on "lookintobitcoin.com" we can see we still have a lot of room to grow. This is one of the strongest indicators IMO of where we can realistically see a BTC top relative to past performance. Now...
XRP 200 day MA is officially at an all time high showing great strength. What prices are y'all expecting? Drop a comment below!
So far BTC is following the same path ETH traveled. We had consolidation at resistance, a push up to it with a rejection back to the 21 ema and then another push up and through, a close above resistance (in this case 50k) and now waiting on the back test and continuation up to the last fib levels! Might be seeing a 54k-57k BTC within the next 48 hrs IMO...
Hello just posting an idea, I think our next target is 50k.We would be hitting the top of this channel that we've been in for the last 9 days.
This is the back-test I warned of last post, finally here and expecting a bounce. Check last post for how I think it'll play out.
Most likely will back test the formation we just burst through, test as support and continue up (if it holds, which I believe it will). Short until we test and confirm support. The overlay is just something I grabbed from the previous formation. I would imagine it would look somewhat similar, crash to support, a bounce, one more test and then upwards.
seems to be copying the last break from a H/S pattern just copied it and it's been doing the exact same thing. Created a ratio between the rally of last break to this rally and estimate the next leg down from the peak of the most recent rally (where it double tops) will be about 6.5% bringing us to somewhere in the low green box.
Not financial advice just my thoughts and where I think we are heading, might get a little scary but I see this bouncing hard and eventually making it way back to ATH. Almost done with correction IMO.
Don't know what to call it but it's simply repeating what it did the other day.