Of course the triangle pattern is not in play anymore. This is my new waves count. Seems to be a double zig zag correction. This correction has been much more long and complex than expected, but seems to be really close to the end. It might need of a last wave down but then we can expect 5 impulsive waves up. MACD and RSI are both really oversold, so we can...
I think to have spotted another additional signal that can confirm us the continuation of a bullish trend. Let's watch closely the square on the left side of the chart. It mark the correction wich took place between Dec 22 and Dec 26. It is a triangle correction. The same correction gave us the last ATH. Now if we copy that square with his trend lines and his...
We can consider the latest failed attempt to break the upper trend line as the strongest confirmation signal of a bullish trend. Soon price should drop down toward 240 USD or so. While almost all will scream about a catastrophic bearish scenario, I am sure this is the best signal we may have that LTC will head soon toward a new ATH. This failed break out is...
In the next few hours let's see if the price will confirm the bullish symmetrical triangle pattern. MACD and RSI, both indicate a reversal. In this case XRP could be almost ready for the next move up. 2.70 - 3.00 USD in the short term 4.50 USD mid term target
XRP could break out during the next few hours. MACD showed oversold during last lower low and now is showing a reversal. This could mean that the correction could be over. If Ripple can break quickly the 2.00 USD local resistence, it can head toward the upper trend line of the triangle and if it will have the required volume could break it during the next few...
ETC correction will take a while. But after that we can expect a new ATH. Minimum target could be 61 USD
Litecoin correction is in progress, and how is happening in many cryptos, it is a triangle. Litecoin is following exactly the Bitcoin path. Right now we have, most probably, waves a, b, and c done. So Litecoin needs 2 more corrective waves in order to complete his correction. It will take a while. These type of corrections are long, but once completed they can...
Ripple is still undergoing a corrective a,b,c,d,e triangle. Waves a, b, c and d could have been done. Now price should drop to complete wave e. It could be a perfect entry point. Once the five waves will be completed Ripple should start again to growing vertically, exactly as it did during the previous waves.Minimum target 4.05 - 4.40 USD. Just wait and let's...
Litecoin has almost done with a small correction. It is exactly the same pattern of last explosion. If this is the case the short term target will be 480 USD or higher
Ripple seems have finished a flat correction. If volume and waves count will support this thesis, then next short term target will be 4.20 - 4.40 USD
Litecoin has broken out of a triangle. First traget 360 - 370 at th end of wave I Mid term target at the end of wave III