A quick video in between classes today, XRP is looking bullish in the short term, near term, and mid term group of timeframes. Good news sentiment around the Ripple - SEC Lawsuit pre-trial came out today. Technical analysis tells me bullish sentiment and fundamental analysis tells me bullish sentiment. XRP could be testing $0.79 resistance level soon. Check...
XLM/USD is showing signs of upward pressure in the 12min, 23min, 45min, 90min and now the 3h TF. Showing strong coupling with XRP/USD.
ETH/USD : Wyckoff Price Cycle Analysis using the 9-Day Timeframe. This is a simple "rough" analysis, I am open for suggestions for improvements. Happy Trading and Let's Stay Awesome!
ETH/USD is testing the green upper 0.618 Pitchfork channel. If history repeats, ETH could be seeing a reversal to a period of downward pressure. The 100% retrace is HIGHLY UNLIKELY, but the 70% is LIKELY. Need to pay a close attention to the 12D Timeframe. The green line is at 108.36; Blue LSMA is at 100.91; Red RSI is at 104.56; & White Energy is at 59.56. When...
XLM/USD is showing signs of having upward pressure in the 3h, 6h, 12h, & 24h. Previous XLM/USD publication for the Near Term Group still in play. Could find resistance at the 0.38 level again, I will provide more updates later today. Happy trading everyone, and Let's stay awesome!
THIS UPWARD PRESSURE IS GOING TO BE FAST! XRP is looking very BULLISH on MID TERM GROUP. Is this upward pressure due to the "Wall Street Bets" PUMP & DUMP type "trading" or is something deeper at play here? XRP could be heading to $1 in the next 24-48 hours...
The Scalping group white energy is higher than the green line. Red RSI and Blue LSMA have closed above 50 level. 3h showing signs of upward pressure with green line being higher than white energy. However I do expect the 3h to exhaust soon. The 24h and 2D Timeframes are looking very BULLISH! Could see a breakout or sign of strength in next 2 to 4 days....
XLM/USD is likely to trade sideways for a period of time to allow for the lower (orange and red) BB to catch up with the rest of the BB. (in the 24h, 2-Day, 3-Day) Sorry for my absence over the past 7 days, I've been helping my father move his plumbing business to a new location and this has been rather stressful. Not finished yet. Please be patient at this...
XRP/USD is likely to trade sideways for a period of time to allow for BB to come back together and contract in the 2D, 3D, 4D. I will provide another update in about 3 hours after we get some more candle closes. Sorry for my absence over the past 7 days, I've been helping my father move his plumbing business to a new location and this has been rather stressful....
XRP/USD is showing signs of upward pressure in the 12min, 23min, 45min, & 90min TF. The 3h is likely to translate this upward pressure signal when the green line climbs higher than the white energy and the RED RSI gets a close above the 56 level. (~1 hour 20 min until candle close). Need to watch the 12h to see when the RED RSI will cross the 50 level going...
The 3h white energy lost to the 6h RED RSI, this indicated downward pressure was to continue. 6h white energy did beat the 12h RED RSI... HOWEVER the white energy was higher than the green line (bearish). This told us that the RED RSI in the 12h was the "winner" and was likely going to fall below the 50 level. In which it did and this triggered another NEW race...
XRP/USD is showing signs of downward pressure in the 12min, 23min, 45min, & 90min as well as the 3h now. Currently in a race with the white energy in the 3h vs the RED RSI in the 6h TF. Question to ask is: "Can the white energy in the 3h TF close above the 50 level before the RED RSI in the 6h can CROSS below the 50 level. I will provide updates for this race on...
XLM/USD in the 12min, 23min, 45min, and 90min TF are showing signs of downward pressure and now the 3h is too. The race to watch is between the white energy in the 3h and the RED RSI in the 6h TF. This race is used to get an idea when downward pressure might reverse to sustained upward pressure. White energy in lower timeframe needs to win the race! At the moment...
Short Term Group of TF to look at should downward pressure continue in the scalping group of TF. : Far left 3h, left center 6h, right center 12h and far right 24h TF. RED RSI in 3h getting close to crossing the 50 level. If the RED RSI does cross below the 50 level, a race is triggered. This race is between the white energy in the 3h and the RED RSI in the 6h...
XLM/USD is showing price action similar to XRP/USD. 3h, 6h, 12h, & 24h TF is showing a potential for upward pressure. 12h is looking very good with green line making contact with the RED RSI while going up indicating upward pressure. The white energy is also likely to cross above the 50 level soon... Note: Price action does NOT HAVE TO come up significantly...
XRP/USD is currently BULLISH, UPWARD pressure to continue. Could Be setting up to make a 10-20% move soon. BB are expanding in the 3h, 6h and 12h. Likely to see 24h BB expand soon.
XRP/USD is showing signs of potential upward pressure in the 3h, 6h, and 12h. Still waiting to see what the indicators will show after 3D candle closes in ~5 hours. Watch the 45min and 90min TF to get a better idea what might happen in the 3h and 6h. I will provide an update later tonight. Let's Stay Awesome!
XLM/USD 3h, 6h, 12h, & 24h followed by 24h, 2D, 3D, & 4D. I am NOT convinced upward pressure is to continue YET. Likely to see sideways price action. Need to see more information in our indicators after the 3D closes in ~20 hours.