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compression - at the down trend line support - holding for a very long time channel fib retrace is almost a full retrace as in 2017 if history is to be repeated there is a great deal of stored energy available for a break out
long term support looks pretty solid 18 month moving channel average shown price is likely to enter or go above the 18 month channel average in the near future as the channel squeezes together it becomes more likely that the price will breach above the lower line
swing trade: could take a couple months or even years to play out. notes about the MACD included on the chart MACD in a range where a possible bottom is already in
CRV showing signs of strength the market seems to be reshaping can it continue? or will it need a rest?
obviously bears lost the downtrend crv sliced through the 20 WMA like butter next is the 50 WMA I am expecting a return to the yellow box in the coming weeks not ready to call it a bull market, but the stage is certainly being set for one. good luck!
digibyte taking a shot at the 50 week moving average pulling away from the top of the down trend channel an exhaustive MACD consolidation is it time for some reall positive momentum? some interesting challenges ahead
sentiment seems to be favoring continued selling pressure and in when the crowd thinks bearish ... the market goes bullish also... some think that if we do go bullish then it must sure as hell be the end all, of end all bull markets ....markets also likely to disappoint what no one is expecting is to go back to the recent highs and flounder around for a couple years... ...now that just may shake out the last of the weak hands anything could happen may the odds be ever in your favor
putting in the bottom can be a long or short process Stochastic and MACD histogram are showing signs of the weakening sales could be 6 - 12 months yet to go or the bottom could be in already not a bad place to start taking long positions DCA of course JMO
head and should could lead to a pattern completion at .18 would be a serious shake out event possibly could be the bottom also bottom could be in no way to know good luck! GJM
a strong base for xrp has been printing for years now the same way tsla did from 2013 to 2019 finding another chart that looks like xrp is not easy - a rare pattern indeed let me know if you find one the break out can be agressive to the upside, and then watch out for that first pull back! OMG xrp is, apparently, the tesla of the crypto industry ;)