Technical Analysis
25 Oct 2019 1 minute read 0 comments EliteElliott
I know what you guys are thinking. The sky is falling, it's all Doom and Gloom and BTC is going to Zero, but before we start Panicking and start selling everything, let's look at the chart. -When we draw the Fib. Extension tool from the beginning of...
24 Oct 2019 1 minute read 0 comments EliteElliott
As previously mentioned: https://www.publish0x.com/crypto-ta/xrp-crossroad-xmjoxp When XRP broke the Trend line and fell below the 50 EMA the chances of a Bearish playout have significantly increased. The Confirmation came in when the Price re-test...
23 Oct 2019 1 minute read 0 comments EliteElliott
Since the beginning of September ETH has had a nice appreciation against BTC. -We can see a 5 Wave move to the upside and when the price reached the 22300-23000Sat area (Previous Resistance Zone) the Correction has begun. -When we measure the relatio...
20 Oct 2019 1 minute read 0 comments EliteElliott
XRP was able to maintain upward momentum throughout the last few weeks, but that might change soon. -On the 4Hour chart, we can see the Uptrend, yellow line -The price is also Supported by the 50Day EMA as XRP is trading above it These factors have b...
17 Oct 2019 1 minute read 0 comments EliteElliott
As we can see there is a huge Head&Shoulders Pattern that has formed over the last week on the ETH Chart and on the 16th of October, the Price broke down through the neckline.-As we speak the Price is moving back towards the Neckline for a re-test-On...
16 Oct 2019 1 minute read 0 comments EliteElliott
BTC/USD Unfortunately, BTC wasn't able to hold the Support level around 8230 and fell below it Yesterday. The next Support Zone comes in at around 8k. This is a crucial Support Level for BTC. If this Support fails to hold the Price up, BTC could quic...
13 Oct 2019 1 minute read 0 comments EliteElliott
Keep an eye out on ETH. -On the 4 hour chart, an Inverse Head and Shoulders might be forming. -RSI is showing Divergence as well
13 Oct 2019 1 minute read 0 comments EliteElliott
BTC did break out from the Bull-Flag formation to the upside, but it wasn't able to close above the 200MA. Does this mean that what is believed to be a Triple Bottom has now been invalidated and what we are witnessing is a Bull Trap? -As the picture...
