A bullish wolfe Waves is detected. In addition it seems we are supported by a long term trend line.
looks to be a good entry for a long.
N.B not a financial advise. just sharing my thoughts
Have a look on the chart. It seems we are at the very dip now and hence a good entry for a long position in my opinion.
The target obtain by fibo 1.618 combined with the resistance curve line would be reached in February with a potential increase in price by 200%.
Finger crossed and time will tell.
Let me know what you guys think in the comments...
The chart suggest we are at a dip zone at the moment.
Indeed the price looks to be supported but he yellow TL.
In addition there a WW detected which may bring the price to go up to the 50K area.
NB: not a financial advice
Please have a look on the chart. This is likely a bull Wolfe waves supported by a bullish divergence on the RSI.
We are actually at the crossing point of this bull div and the long bear div we got since couple of months now.
Will it break up north now and see the price going up and fulfill this 5th Wolfe Wave?
This is my bet at the moment and...
Bonjour a tous.
Les trends Bull et Bear RSI se rapprochement de plus en plus.
Le croisement aura lieu dans une 10aine de jours.
Poursuite du Bullrun ? Fin du Bullrun ? Nous le saurons très probablement a ce moment là. Nous y sommes presque ^^
A bullish Head & Shoulders pattern has been identified.
One can see the volumes are high on the left shoulder and keep decreasing from the left shoulder to the right shoulder.
Target around 50K$.
Trade safe and good luck.
N.B: not a financial advise
An idea regarding the next potential move of XRP/USD.
The chart looks very bullish:
1. Bullish Gartley & bullish Butterly with around the same target of 1.618 Fibo target of 2.2 $
2. Bullish Wolfe wave with a target of 2.8 $
3. Being at the bottom of the channel
Stay safe and good luck to you all
N.B: Not a financial advice
I just wanted to share the big picture of BTC/USD chart to get an idea of where we are and where we are going.
One can see that the 0.236 Fibo channel line (the red line) is a good support. The price did bounce on it effectively int the previous 2013 and 2017 bullruns and it did yesterday too.
In addition, the current bullrun trendline (the...
Bonjour à tous.
Plusieurs elements convergent pour predire une baisse fortement probable du BTC. Les conditions sonts plutot favorable pour une entrée short:
1. Nous sommes sur le haut d'un biseau haussier.
2. RSI daily fortement survendeur
3. wolfe wave bear
Je place mon TP au bas du biseau.
Ceci n'est pas un conseil en investissement.