RogueEconomics

As you can see in Fig. A, HBAR has often printed some nice, recognisable diagonal patterns (in this case, A was a leading diagonal for a nice 5-count rally).I believe we have another such diagonal forming now at Fig. BIt's clear that this is a slightly smaller pattern, suggesting a degree lower (I have labelled the first one as intermediate and the recent pattern as minor respectively).If this is the case, I believe there is every reason to believe that we are about to see HBAR assert itself and embark on a Wave 3 extension - this means that the diagonal rally at B would be wave 1 and we should expect a further rally with wave 3 starting soon and running 1.618 at least of Wave 1 and Wave 5 probably being parity with Wave 1 for length.Standard elliot wave estimation.However, we should bear in mind that crypto often involves significant variance on these base estimates so, I'm expecting a really good pop in the near future.Trade safe!

We appear to be getting near the end of the correction on HBAR/USD.We see a big 4h falling wedge pattern and a bullish convergence to compliment this.I do think we're nearing the end of this correction.Watch carefully over the coming days.

Seems to me that the HBAR correction we're watching is forming a falling wedge down into what the volume profile shows as a very significant volume spike.Notice as well, the wedge pattern is forming off a very significant dip (2nd biggest in approx 12 months) and this very low RSI reading is unlikely to be broken. If HBAR breaks the 18 cents mark but puts in a higher RSI, as long as it respects the support vector of the wedge (and, more broadly, the lateral support vector of that big volume influx), then we should end up with a very bullish outline that shows a big falling wedge along a big RSI convergence pattern that forms atop a significant support vector comprised of the big volume influx.A very bullish outline overall.My view here is that you should DCA into the 18 cents mark and put your stop somewhere below it in case the market cucks us all.Good luck and happy trading!

I don't trade XRP as a rule BUT... I have noticed this very large triangle pattern here.This should serve as an indicator for the rest of the market - hence it's interest to me.This can only be a wave 4, which means we should expect further upside. In fact on a speculative basis, as I sketch here, I suspect that this is only a subwave of something much bigger taking place My reasoning being that I think the divergence that took place between November and December is far too small to be indicative of a proper top.On broader daily timeframes, there is no divergence at all.Which means that the overall crypto market is not done yet and there's further upside on altcoins.To trade this, DCA the next dip (assuming we get one!), and have an invalidation threshold (a hard stop) about 1.90.Trade carefully and watch your stops.

Short-term falling wedge on HBAR USD.There is a more obvious bullish convergence pattern on smaller timeframes but trading view is rubbish and won't let me publish short-term charts to demonstrate this.However, if that finer-res convergence pattern persists, I expect it to migrate onto bigger timeframes soon.I'd look for a serious break of the trendlines to invalidate this.This should resolve within a few hours.