Migel1988

You can See litecoin could form a potential Double Bottom. To complete the DB Litecoin has to Break the Neckline. From the Moment on, LTC broke the Neckline, than the Double Bottom is confirmed and we are now up to see a Target, that is defined by the Distance of the Neckline to the Bottomline. This Distance has to be put on the Bottomline, to know where the Trading target is. And this target is also the 2.0 Fibonacci of course from the top to the bottom. Cryptos usually dont only to a 2 Fibonacci as an aim. There are most likely heading for a 2.618 Fibonacci level, so i pasted this also and added it to the target zone, for a nice Swing- to Position-Trade. Happy Trading.

You can See that ADA( Cardano ) Broke the downwardtrend and retestet the so established Support Zone ,after Passing this longterm baerish downtrend. This is a confirmation, that a Trend change is coming in. usually this Trendbreak is followed by a V-Shape Retracement to the 50-61. Fibonacci Levels, where i put the Lines. I think we will reach the Target Zone pretty fast.

we had a large uptrend, i guess we will retest the support Zone and after that, retest the 50% Retracement Fibonacci Zone, what falls Hard, goes up fast. This is just my opinion no buy or sell Advice.

A chart is based on data. After data is created that comes from price action on a 60 Second basis,up to an hourly basis up to a daily ,weekly and so on, we are here on a monthly basis,what is the highest basis, so also the most correct one. The chart is logarhytmic,not regular. You may think, that i just draw in the support and the resistance line in nowadays random, but it took the supports and resistances from back than and drawed them into nowadays situation. as you can see this chart formation (symmetrical Triangle,coming from above) leads usually to a bullish breakout. People are always talking bout 500 USD prices on XRP. in Fact if i draw in the percentages from the past ath in 2014 the max price of xrp would be around 130 USD. But the more market capital there is in the market of a stock or a coin, the less the volatility is. that means the less percentages you will make than before. This if just logical...no matther, how big the market is, that you stand in front of. Why? Because i can let the Chart let go up to 500 USD F.Ex. in many moves ,where i always get new entry points at lower levels and in stead of making 500 usd from one high...multiply this from 0.35 to 10 than to 2 usd than 20 usd and so one just as an example.in the long run i make more money in this way ,as a whale. The diamond Pivots show you mathematical prognoses of exitpoints, that just show the midterm case of an exit point based on the data, that happened in the past. And when the status quo is still in tact. This will be good levels to exit. However the 5 USD level is nearly washed out of the prognosis. Should be too small. I guess we will get long here, based on the fact that ripple could be an security years ago but today it isnt. This is just my opinion and no buy or sell advice, Im invested myself.

Based on a Chart Formation, we could see a x2 from the top of the Formation.

Looking at the Fibo on the 4h we have an smaller Outtake (micro) of the bigger (macro) chart view. The small Fibo could lead us to a over 300 % Rally, based on a Fibo Bitcoin made from his previous alltime high , to the new at 40k. The Fibo here is 19. The Fibo of Ethereum was 40 the last time, because Ethereum performed even better than Bitcoin . Looking at this i personally think, that it could take an alternative Coin like XRP/RIPPLE COIN , (i don´t mean the company) in a similar range of 19 to a 40 Fibo level. The 40k was reached based on a monthly chart. If we look at the macro Chart in the monthly timeframe , the Fibo of 19 could lead us here to a price of 60 $, if the coin would do, what Bitcoin did and Ethereum hopefully will do. Alts should push, as soon as Bitcoin will recover. This is no buy or sell advise, this is just my opinion , I am not an financial advisor.