


Spiritualbeing11
EssentialHello everyone. As you can see, US30 looovvveeesss its channels. Our last channel was a bullish flag and it was also a great indication that the breakout would continue upwards, based on the large bullish divergence between price and momentum. You can see a similar example that just finished forming at the current channel. There is a bearish divergence in the...
Cardano has broken out of its downtrend and confirmed it for the first time since the downtrend started. It has broken out and just retested not one, but two top trend lines. It still has a LOT to go in my opinion.
Cardano has shown us many times in the past, that it likes having low volume downtrend consolidation from top trend line of channel back down to the bottom trend line. There is also an easily spottable bullish divergence currently. This is then followed by a high volume, explosive more to the top trend line. A break from the top trend line of this bull pennant can...
As many of you may know, XRPBTC has been consolidating outside of its breakout from the previous top trend line. While doing so, it has created a bullish head and shoulders pattern. Price previously came down to retest the bottom uptrend line XRPBTC has been creating. It is coiled between that bottom trend line and the strong horizontal support as well as the top...
XRP has been consolidating within this bullish falling wedge for about two weeks now. Today it has officially reached the peak of the wedge and broke out to the upside. On top of this bullish "indicator" I also noticed xrp has been forming a wedge outside of its top trend line, showing a clear breakout and retest of that top trend line. XRP has a perfect abc...
SPX has officially reached the turning point of this rising wedge. It was a long wait but it doesn't look like the bubble can continue any longer.
Based on this chart, it is clearly obvious that BTC is primed for a large leg up. it has created a falling wedge, which is a very bullish indicator. its last drop down perfectly touched the bottom trend line of the falling wedge. BTC is very close to breakout and once it does, it has the potential to reach new highs.
BTCUSD has been creating a pennant during its downtrend which started in April. Although this is technically a bearish pennant, BTC tends to break up out of these. Which is what it is currently attempting. The last 4 rejections off the top trend line has allowed BTC to form this beautiful pennant. It is currently at the very tip of the pennant and has no more room...
Hello all, there has been a long, rough ride down these past months but it looks like the chaos is coming to a close, at least for the downside. For the first time since the crypto market caps high on may 12, we have seen a breakout of this falling wedge. Not only that, but a confirmation and then a pump back upwards, showing bullish strength. It has previously...
Xrp and DOGE have followed each other in terms of percent gain from lows to highs, time frame, and pattern. When Doge was at the same place on the chart as Xrp is now, it had a leg up 540% afterwards. If Xrp follows the same gains like always, a 540% gain will bring XRP to exactly $10. There is then a 50% pullback, before breaching 800% from Doges previous high....
Finally XRPBTC is ready to take over. Once it breaks this resistance area, theres no doubt we will see new highs. Most bullish confirmations this chart has ever seen. Almost looks too good to be true. Look what happened every time we held this support. We also broke out and confirmed the top trend line which shows bullish momentum towards breaking this zone. Now...
Xrp has broken out of this pennant and came back down to retest previous 1.55 resistance. Currently holding it and also holding its breakout of trend line. Currently bullish and as ive been saying, its just a matter of time till we see new highs.
We all have been patiently waiting for XRPs correction is over so it can continue to new yearly highs and ATHs. There is yet another breakout of the top trend line, it just has to break 1.55 area before it can continue upwards. Bullish momentum on all time frames. Posted a similar idea before, but now momentum is ready on all time frames and got the weak hands...
I don't know about you guys, but this doesn't look like it is going to end well. If failure to hold this support, this could be the top of DOGE as of now. Momentum dropping, bearish divergence and rejection from top trend line. Another important observation to take note on is the fact that it is making the same pattern at same trend line it did before our last correction.
Since our last high, xrp has been consolidating in this downtrend and has broken out of the major one. Over the last three days it has been coiling on top of our trend line. This is a very strong confirmation as well as our bounce off the bottom of the upwards channel. Cant wait to see what happens when we get to the top of this channel. Every time it touches the...
As shown above, the Cryptototal marketcap exclude bitcoin is not looking well.. there is a break out of two major trend lines and a rejection outside of each one. Potential targets are provided
Xrp is showing two trends. The previous downtrend that started from our high, and the uptrend we have been trying to make, forming higher highs. Currently it is getting rejectedf at our very large 1.42 resistance. If we break and hold out of this resistance became support, then the uptrend will be confirmed. but, as of now, the bears are trying to take control....
Good afternoon, from looking at this chart of BTCUSD it can be easily depicted that bitcoin has been losing bullish momentum. It just tested 57150 resistance and got rejected. If unable to break, a downturn to 40k is reasonable. The area where the two trend lines intersect will be a dangerous area to fall into. There is also a downward curve forming.. let the...