Break out from a 3 year consolidation cycle, this token is a micro cap with easy 100-500x potential.
After a massive weekly candle that took XRP firmly out of bear market territory with a meteoric 70% gain over the space of a week, XRP is looking primed to test $0.5 again and this time breakout. Keep an eye on how it breaks out of this triangle consolidation and trade accordingly. If waiting to enter a leveraged position, only do so once we have confirmation of a...
XRP has broken out of its 800 day consolidation and downtrend, we have a horizontal resistance of $0.35 and if its broken we'll officially see a fresh bullish movement up, which I expect to be explosive given the huge accumulation thats taken place over the last 2.5 years.
There have been tons of cup & handle formations all over the JSE over the last week or so, the one I called on Sasol had great success and it seems that ABSA may be setting up for a break out of its handle shape soon. I think its safe to long ABSA from here to resistance level of the top of the cup & if its breaks out then we should see good profits. At the...
Bitcoin is still in a macro bear trend with a very clear trend and very heavy resistance. I wouldn't be naive to think that there is all of a sudden going to be a huge bull market, not until that resistance has turned support at least. Personally I believe its safe to take profit here and wait for a correction.
Bullish cup & handle formation forming, I'm looking to go long here. Very similar chart to the Sasol cup & handle I called recently. Let me knows your thoughts.
Very neat Cup & Handle on the daily chart. Watch out for a likely break out & possible fill of the gap.